GALLEN JONATHAN 4
4 · COSI INC · Filed Jan 7, 2009
Insider Transaction Report
Form 4
COSI INCCOSI
GALLEN JONATHAN
10% Owner
Transactions
- Other
Common Stock, $0.01 par value per share
2008-09-25$1.60/sh−40,000$64,200→ 4,410,000 total(indirect: By Partnership) - Other
Common Stock, $0.01 par value per share
2008-09-25$1.60/sh+40,000$64,200→ 4,450,000 total(indirect: By Partnership) - Other
Common Stock, $0.01 par value per share
2008-12-09$0.38/sh−200,000$76,000→ 4,250,000 total(indirect: By Partnership) - Other
Common Stock, $0.01 par value per share
2008-12-09$0.38/sh+200,000$76,000→ 4,450,000 total(indirect: By Partnership)
Footnotes (3)
- [F1]As of September 25, 2008, Ahab Opportunities, L.P. ("Opportunities, L.P."), Ahab Opportunities, Ltd. ("Opportunities, Ltd."), Ahab Aggressive, L.P. ("Aggressive, L.P."), Ahab Aggressive, Ltd. ("Aggressive, Ltd.") and one or more private investment accounts (the "Accounts") held in the aggregate 4,450,000 shares of common stock, $0.01 par value per share (the "Shares"), of Cosi, Inc. (the "Company"). The reported transaction represents the transfer of 40,000 Shares of the Company from Opportunities, Ltd. to Opportunities, L.P.
- [F2]As of December 9, 2008, Opportunities, L.P., Opportunities, Ltd. and the Accounts held in the aggregate 4,450,000 Shares of the Company. The reported transaction represents the transfer of an aggregate of 200,000 Shares of the Company from Aggressive, L.P. and Aggressive, Ltd. to Opportunities, L.P. and Opportunities, Ltd.
- [F3]Jonathan Gallen possesses the sole power to vote and the sole power to direct the disposition of Shares held by Opportunities, L.P., Opportunities, Ltd., Aggressive, L.P., Aggressive, Ltd. and the Accounts. As of December 9, 2008, Mr. Gallen possessed the sole power to vote and the sole power to direct the disposition of 4,450,000 Shares held by Opportunities, L.P., Opportunities, Ltd. and the Accounts. Accordingly, for the purposes of Rule 13d-3 under the Securities Exchange Act of 1934, as amended, Mr. Gallen is deemed to beneficially own 4,450,000 Shares. Mr. Gallen's interest in the securities reported herein is limited to the extent of his pecuniary interest in Opportunities, L.P., Opportunities, Ltd., Aggressive, L.P., Aggressive, Ltd. and the Accounts, respectively, if any.