MILLER ARTHUR H 4
4 · GSI COMMERCE INC · Filed Jul 31, 2009
Insider Transaction Report
Form 4
GSI COMMERCE INCGSIC
MILLER ARTHUR H
EVP and General Counsel
Transactions
- Sale
Common Stock
2009-07-30$17.50/sh−75,000$1,312,500→ 90,449 total - Exercise/Conversion
Common Stock
2009-07-30$5.56/sh+75,000$417,225→ 165,449 total - Exercise/Conversion
Option to Purchase (Common Stock)
2009-07-30−75,000→ 0 totalExercise: $5.56Exp: 2011-01-03→ Common Stock (75,000 underlying)
Footnotes (4)
- [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]Each of the acquisitions and dispositions reported in this Form 4 were effected pursuant to a Rule 10b5-1 Trading Plan adopted by the reporting person on May 13, 2009.
- [F3]This stock option, which was granted on January 3, 2001, became exercisable as follows: 37,500 shares on January 4, 2001, and 12,500 shares each upon the same vesting date for each of the next three consecutive years thereafter.
- [F4]This amount represents the average weighted price of shares sold. The highest price at which shares were sold was $17.80 and the lowest price at which shares were sold was $17.20. Full information regarding the number of shares sold at each separate price will be provided to the SEC upon its request.