4//SEC Filing
Chou Francis S M 4
Accession 0001144204-13-004363
CIK 0001130713other
Filed
Jan 27, 7:00 PM ET
Accepted
Jan 28, 9:27 PM ET
Size
16.2 KB
Accession
0001144204-13-004363
Insider Transaction Report
Form 4
Chou Francis S M
10% Owner
Transactions
- Sale
Common Stock
2013-01-25$16.57/sh−20,000$331,500→ 3,106,140 total(indirect: See footnote) - Sale
Call Option (obligation to sell)
2012-01-28$1.00/sh−44$44→ 0 total(indirect: See footnote)Exercise: $17.50From: 2012-01-28Exp: 2013-09-21→ Common Stock (4,400 underlying) - Sale
Common Stock
2013-01-24$16.89/sh−60,000$1,013,358→ 3,126,140 total(indirect: See footnote) - Sale
Call Option (obligation to sell)
2012-01-28$1.50/sh−638$957→ 0 total(indirect: See footnote)Exercise: $15.00From: 2012-01-28Exp: 2013-06-22→ Common Stock (63,800 underlying) - Sale
Call Option (obligation to sell)
2012-01-28$1.85/sh−78$144→ 0 total(indirect: See footnote)Exercise: $15.00From: 2012-01-28Exp: 2013-09-21→ Common Stock (7,800 underlying)
Footnotes (6)
- [F1]This statement is filed by and on behalf of Francis S. M. Chou. Mr. Chou: (a) is the Chief Executive Officer of each of the following investment advisers: Chou America Management Inc. and Chou Associates Management Inc.; (b) acts as the Portfolio Manager of funds and/or accounts advised and/or managed by such investment adviser; and (c) may be deemed to beneficially own securities beneficially owned and/or held by such investment adviser.
- [F2]The reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for purposes of Section 16 of the Act or otherwise, the beneficial owner of any securities covered by this statement. The reporting person disclaims beneficial ownership of the securities covered by this statement, except to the extent of the pecuniary interest of such person in such securities.
- [F3]The reporting person may be deemed to be a member of a group with respect to the issuer or securities of the issuer for the purposes of Section 13(d) or 13(g) of the Act. The reporting person declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) or 13(g) of the Act or any other purpose, a member of a group with respect to the issuer or securities of the issuer.
- [F4]The transaction was effected by or on behalf of a fund for which, due to appreciation, the value of investments in securities of the issuer represented approximately 30% of such fund's total investments.
- [F5]The price reported reflects the weighted average price. This transaction was executed in multiple trades on January 24, 2013 at prices ranging from $16.85 to $17.00. 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.
- [F6]The price reported reflects the weighted average price. This transaction was executed in multiple trades on January 25, 2013 at prices ranging from $16.50 to $16.80. 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.
Documents
Issuer
OVERSTOCK.COM, INC
CIK 0001130713
Entity typeother
Related Parties
1- filerCIK 0001389288
Filing Metadata
- Form type
- 4
- Filed
- Jan 27, 7:00 PM ET
- Accepted
- Jan 28, 9:27 PM ET
- Size
- 16.2 KB