Filing Details

Accession Number:
0001409130-12-000010
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-01-13 18:01:38
Reporting Period:
2012-01-13
Filing Date:
2012-01-13
Accepted Time:
2012-01-13 18:01:38
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
889930 Overland Storage Inc OVRL Computer Storage Devices (3572) 953535285
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1302247 Eric Kelly C/O Overland Storage, Inc.
9112 Spectrum Center Boulevard
San Diego CA 92123
President & Ceo Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2012-01-13 15,400 $2.29 1,623,360 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Footnotes
  1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 15, 2011.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.20 to $2.44, inclusive. The reporting person undertakes to provide to Overland Storage, Inc. ("Overland"), any security holder of Overland, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
  3. The securities reported in Column 5 reflect a correction to an inadvertent error in Column 5 on the Form 4 filed for this reporting person on January 9, 2012 and dated January 5, 2012. The shares disposed of on January 9, 2012 were added to the amount of securities beneficially owned following the reported transaction for January 9th and should have been subtracted.