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