0001209191-11-007249.txt : 20110204
0001209191-11-007249.hdr.sgml : 20110204
20110204171948
ACCESSION NUMBER: 0001209191-11-007249
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110203
FILED AS OF DATE: 20110204
DATE AS OF CHANGE: 20110204
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: RUBIN MICHAEL
CENTRAL INDEX KEY: 0001123356
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-16611
FILM NUMBER: 11575709
MAIL ADDRESS:
STREET 1: 1075 FIRST AVE
STREET 2: C/O GLOBAL SPORTS INC
CITY: KING OF PRUSSIA
STATE: PA
ZIP: 19406
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: GSI COMMERCE INC
CENTRAL INDEX KEY: 0000828750
STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-CATALOG & MAIL-ORDER HOUSES [5961]
IRS NUMBER: 042958132
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0102
BUSINESS ADDRESS:
STREET 1: 935 FIRST AVE
CITY: KING OF PRUSSIA
STATE: PA
ZIP: 19406
BUSINESS PHONE: 6104917000
MAIL ADDRESS:
STREET 1: 935 FIRST AVE
CITY: KING OF PRUSSIA
STATE: PA
ZIP: 19406
FORMER COMPANY:
FORMER CONFORMED NAME: GLOBAL SPORTS INC
DATE OF NAME CHANGE: 19971223
4
1
doc4.xml
FORM 4 SUBMISSION
X0303
4
2011-02-03
0
0000828750
GSI COMMERCE INC
GSIC
0001123356
RUBIN MICHAEL
GSI COMMERCE, INC.
935 FIRST AVENUE
KING OF PRUSSIA
PA
19406
1
1
0
0
CEO and President
Common Stock
2011-02-02
4
M
0
30300
0.00
A
2327539
D
Common Stock
2011-02-03
4
S
0
12249
21.99
D
2315290
D
Common Stock
2000000
I
By grantor retained annuity trust
Performance Unit
2011-02-02
4
M
0
30300
0.00
D
Common Stock
30300
0
D
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.
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.
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.
The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
The Performance Units were not assigned an exercise price.
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.
/s/ Michael G. Rubin
2011-02-04