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4//SEC Filing

QUANTUM INDUSTRIAL PARTNERS LDC ET AL 4

Accession 0001011438-08-000401

CIK 0001030896other

Filed

Jul 23, 8:00 PM ET

Accepted

Jul 24, 5:02 PM ET

Size

7.1 KB

Accession

0001011438-08-000401

Insider Transaction Report

Form 4
Period: 2008-07-23
Transactions
  • Purchase

    Convertible Promissory Note

    2008-07-23
    Exercise: $3.65From: 2008-07-23Exp: 2011-07-23Common Stock (495,748 underlying)
Footnotes (3)
  • [F1]These securities are convertible at the option of the Reporting Person (i) into that number of shares of common stock, $0.01 par value per share, of the issuer equal to the principal amount of the note divided by $3.65, or (ii) into that number of equity securities of the issuer sold in a future financing ("Subsequent Securities") equal to the principal amount of the note divided by the lowest price paid by any purchaser of the Subsequent Securities (the "Subsequent Conversion Price").
  • [F2]These securities are convertible at the option of the Reporting Person (i) into 495,748 shares of common stock, $0.01 par value per share, of the issuer, or (ii) into that number of Subsequent Securities equal to the principal amount of the note divided by the Subsequent Conversion Price.
  • [F3]These securities are held for the account of Quantum Industrial Partners LDC, an exempted limited duration company formed under the laws of the Cayman Islands ("QIP"). QIH Management Investor, L.P., an investment advisory firm organized as a Delaware limited partnership ("QIHMI"), is a minority shareholder of, and is vested with investment discretion with respect to portfolio assets held for the account of QIP. The sole general partner of QIHMI is QIH Management LLC, a Delaware limited liability company ("QIH Management"). Soros Fund Management LLC, a Delaware limited liability company, is the sole managing member of QIH Management.

Issuer

BLUEFLY INC

CIK 0001030896

Entity typeother

Related Parties

1
  • filerCIK 0000922382

Filing Metadata

Form type
4
Filed
Jul 23, 8:00 PM ET
Accepted
Jul 24, 5:02 PM ET
Size
7.1 KB