4//SEC Filing
QUANTUM INDUSTRIAL PARTNERS LDC ET AL 4
Accession 0001209191-09-058650
CIK 0001030896other
Filed
Dec 22, 7:00 PM ET
Accepted
Dec 23, 8:31 PM ET
Size
28.4 KB
Accession
0001209191-09-058650
Insider Transaction Report
Form 4
BLUEFLY INCBFLY
Transactions
- Other
Common Stock
2009-12-21$1.70/sh+1,064,400$1,809,480→ 5,924,515 total - Other
Convertible Promissory Note
2009-12-21→ 0 totalExercise: $3.65From: 2008-07-23Exp: 2011-07-23→ Common Stock (1,064,400 underlying)
QIH MANAGEMENT INVESTOR LP
10% Owner
Transactions
- Other
Convertible Promissory Note
2009-12-21→ 0 totalExercise: $3.65From: 2008-07-23Exp: 2011-07-23→ Common Stock (1,064,400 underlying) - Other
Common Stock
2009-12-21$1.70/sh+1,064,400$1,809,480→ 5,924,515 total
QIH MANAGEMENT LLC
10% Owner
Transactions
- Other
Convertible Promissory Note
2009-12-21→ 0 totalExercise: $3.65From: 2008-07-23Exp: 2011-07-23→ Common Stock (1,064,400 underlying) - Other
Common Stock
2009-12-21$1.70/sh+1,064,400$1,809,480→ 5,924,515 total
SOROS FUND MANAGEMENT LLC
10% Owner
Transactions
- Other
Convertible Promissory Note
2009-12-21→ 0 totalExercise: $3.65From: 2008-07-23Exp: 2011-07-23→ Common Stock (1,064,400 underlying) - Other
Common Stock
2009-12-21$1.70/sh+1,064,400$1,809,480→ 5,924,515 total
Footnotes (2)
- [F1]The Convertible Promissory Note is convertible at the option of the holder (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 cash 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"). On December 21, 2009, Quantum Industrial Partners LDC, an exempted limited duration company formed under the laws of the Cayman Islands ("QIP") converted the Convertible Promissory Note into shares of the issuer's common stock, $0.01 par value per share ("Common Stock"), at a conversion price of $1.70 per share in accordance with clause (ii) of the previous sentence, resulting in the issuance to QIP of 1,064,400 shares of common stock.
- [F2]These securities are held for the account of 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
- Dec 22, 7:00 PM ET
- Accepted
- Dec 23, 8:31 PM ET
- Size
- 28.4 KB