4//SEC Filing
RUBIN MICHAEL 4
Accession 0001209191-11-007249
CIK 0000828750other
Filed
Feb 3, 7:00 PM ET
Accepted
Feb 4, 5:19 PM ET
Size
10.8 KB
Accession
0001209191-11-007249
Insider Transaction Report
Form 4
GSI COMMERCE INCGSIC
RUBIN MICHAEL
DirectorCEO and President
Transactions
- Sale
Common Stock
2011-02-03$21.99/sh−12,249$269,356→ 2,315,290 total - Exercise/Conversion
Performance Unit
2011-02-02−30,300→ 0 total→ Common Stock (30,300 underlying) - Exercise/Conversion
Common Stock
2011-02-02+30,300→ 2,327,539 total
Holdings
- 2,000,000(indirect: By Trust)
Common Stock
Footnotes (6)
- [F1]The filing of this Statement shall not be construed as an admission (a) that the person filing this Statement is, for the purposes of Section 16 of the Securities Exchange Act of 1934, as amended, the beneficial owner of any equity securities covered by this Statement, or (b) that this Statement is legally required to be filed by such person.
- [F2]This sale is pursuant to an election previously made by the officer to sell shares when necessary to cover tax withholding upon vesting of restricted stock units granted by the issuer.
- [F3]This amount represents the average weighted price of shares sold. The highest price at which shares were sold was $22.08 and the lowest price at which shares were sold was $21.93. Full information regarding the number of shares sold at each separate price will be provided to the SEC upon its request.
- [F4]The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
- [F5]The Performance Units were not assigned an exercise price.
- [F6]This Performance Restricted Stock Unit was granted on March 4, 2008 and earned on April 3, 2009 when the performance targets were certified. The Performance Unit vested 50% on April 3, 2010 and 50% on February 2, 2011. Vested Performance Units result in delivery of the underlying shares of common stock. Performance Units have no expiration dates.
Documents
Issuer
GSI COMMERCE INC
CIK 0000828750
Entity typeother
Related Parties
1- filerCIK 0001123356
Filing Metadata
- Form type
- 4
- Filed
- Feb 3, 7:00 PM ET
- Accepted
- Feb 4, 5:19 PM ET
- Size
- 10.8 KB