4//SEC Filing
Chou Francis S M 4
Accession 0001019687-13-001735
CIK 0001130713other
Filed
May 8, 8:00 PM ET
Accepted
May 9, 8:00 PM ET
Size
16.0 KB
Accession
0001019687-13-001735
Insider Transaction Report
Form 4
Chou Francis S M
10% Owner
Transactions
- Purchase
Call Option (obligation to sell)
2013-05-07$9.41/sh+23,800$223,958→ 40,000 total(indirect: See footnotes)Exercise: $15.00From: 2013-01-28Exp: 2013-06-22→ Common Stock (23,800 underlying) - Exercise of In-Money
Call Option (obligation to sell)
2013-05-08$15.00/sh−300$4,500→ 39,700 total(indirect: See footnotes)Exercise: $15.00From: 2013-01-28Exp: 2013-06-22→ Common Stock (300 underlying) - Exercise of In-Money
Common Stock
2013-05-08$15.00/sh−300$4,500→ 2,405,840 total(indirect: See footnotes) - Sale
Call Option (obligation to sell)
2013-05-08$2.40/sh−110,600$265,440→ 110,600 total(indirect: See footnotes)Exercise: $30.00From: 2013-05-08Exp: 2013-12-20→ Common Stock (110,600 underlying) - Sale
Call Option (obligation to sell)
2013-05-07$3.97/sh−173,800$689,986→ 173,800 total(indirect: See footnotes)Exercise: $25.00From: 2013-05-07Exp: 2013-12-20→ Common Stock (173,800 underlying)
Footnotes (4)
- [F1]This statement is filed by Francis S. M. Chou. Mr. Chou is the Chief Executive Officer of two investment advisers, Chou America Management Inc. and Chou Associates Management Inc., and acts as portfolio manager of funds advised by such investment advisers and may be deemed to beneficially own securities owned by such investment advisers and/or funds.
- [F2]The filing of this statement shall not be deemed or construed as an admission that the reporting person is, for purposes of Section 16 of the Act or otherwise: a beneficial owner (and such person disclaims beneficial ownership) of any securities covered hereby, except to the extent such person has or shares any pecuniary interest in such securities; or a member (through any relationship described herein or otherwise) of any group.
- [F3]The reporting person's interests in portfolio securities held by Chou America Mutual Funds, an investment company registered under the Investment Company Act of 1940, are deemed (pursuant to Rule 16a-1(a)(5)(i)) not to confer beneficial ownership for purposes of Section 16 of the Act.
- [F4]The price reported reflects the weighted average price. The reporting person hereby undertakes to provide to the Commission staff, the issuer, or a security holder of the issuer, upon request, full information regarding the number of securities purchased at each separate price. This transaction was executed in multiple trades on May 7, 2013 at prices ranging from $3.46 to $4.10.
Documents
Issuer
OVERSTOCK.COM, INC
CIK 0001130713
Entity typeother
Related Parties
1- filerCIK 0001389288
Filing Metadata
- Form type
- 4
- Filed
- May 8, 8:00 PM ET
- Accepted
- May 9, 8:00 PM ET
- Size
- 16.0 KB