4//SEC Filing
DIEDRICH COFFEE INC 4
Accession 0000906344-07-000367
CIK 0000947661operating
Filed
May 8, 8:00 PM ET
Accepted
May 9, 6:05 PM ET
Size
8.9 KB
Accession
0000906344-07-000367
Insider Transaction Report
Form 4
SPENCER RICHARD S III
10% Owner
Transactions
- Sale
Common Stock
2007-05-07$3.80/sh−955,229$3,629,870→ 0 total(indirect: By managed account)
WESTCLIFF CAPITAL MANAGEMENT LLC/CA
10% Owner
Transactions
- Sale
Common Stock
2007-05-07$3.80/sh−955,229$3,629,870→ 0 total(indirect: By managed account)
Footnotes (5)
- [F1]The reporting persons ("Reporting Persons") are Westcliff Capital Management, LLC, an investment adviser ("WCM") and Richard S. Spencer III ("Spencer"), a manager and the majority member of WCM. Each Reporting Person disclaims membership in a group with any non-reporting person within the meaning of Rule 13d-5(b)(i) and Rule 16a-1(a)(1) under the Exchange Act.
- [F2]This amount includes securities owned directly in various accounts managed by WCM. These include investment limited partnerships of which WCM is the general partner and investment adviser and separately managed accounts in which neither WCM nor Spencer has any ownership or other economic interest other than entitlement to investment advisory compensation. Spencer and WCM disclaim beneficial ownership of any securities except to the extent of their respective pecuniary interests.
- [F3]As of May 7, 2007 all accounts managed by WCM that held shares sold all of their shares in a private transaction.
- [F4]Some accounts pay WCM performance-based compensation; others pay only asset-based compensation. WCM and Spencer specifically disclaim any beneficial interest in securities held by accounts that do not pay performance-based compensation and in securities held by accounts that do pay performance-based compensation except to the extent WCM receives such compensation under circumstances in which that receipt does not qualify for the exclusion in Rule 16a-1(a)(2)(ii)(C)(1) and (2).
- [F5]Until May 8, 2007, Spencer served as member of the board of directors of the Issuer. Spencer has resigned from the board effective as of May 8, 2007.
Documents
Issuer
DIEDRICH COFFEE INC
CIK 0000947661
Entity typeoperating
IncorporatedCA
Related Parties
1- filerCIK 0000947661
Filing Metadata
- Form type
- 4
- Filed
- May 8, 8:00 PM ET
- Accepted
- May 9, 6:05 PM ET
- Size
- 8.9 KB