0001209191-11-035700.txt : 20110621
0001209191-11-035700.hdr.sgml : 20110621
20110621155238
ACCESSION NUMBER: 0001209191-11-035700
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110617
FILED AS OF DATE: 20110621
DATE AS OF CHANGE: 20110621
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: 0101
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
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: MINTZER DAMON
CENTRAL INDEX KEY: 0001174270
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-16611
FILM NUMBER: 11923483
MAIL ADDRESS:
STREET 1: 1075 FIRST AVENUE
CITY: KING PRUSSIA
STATE: PA
ZIP: 19406
4
1
doc4.xml
FORM 4 SUBMISSION
X0303
4
2011-06-17
1
0000828750
GSI COMMERCE INC
GSIC
0001174270
MINTZER DAMON
GSI COMMERCE, INC.
935 FIRST AVENUE
KING OF PRUSSIA
PA
19406
0
1
0
0
EVP, Sales
Common Stock
2011-06-17
4
D
0
13034
29.25
D
50241
D
Common Stock (Restricted Stock Units)
2011-06-17
4
D
0
50241
D
0
D
Stock Option
13.46
2011-06-17
4
D
0
35000
15.79
D
2015-04-06
Common Stock
35000
0
D
Performance Unit
0.00
2011-06-17
4
D
0
5411
D
Common Stock
5411
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.
Pursuant to the terms of the Agreement and Plan of Merger, dated as of March 27, 2011 (the "Agreement"), by and among eBay Inc. ("eBay"), Gibraltar Acquisition Corp., and the Issuer, on the effective date of the merger contemplated by the Agreement (the "Merger") each of these shares of common stock was automatically converted into the right to receive $29.25 (without interest).
Pursuant to the terms of the Agreement, on the effective date of the Merger this Restricted Stock Unit award was assumed by eBay in the Merger and replaced with a Restricted Stock Unit award for 49,359 shares of underlying eBay common stock.
Pursuant to the terms of the Agreement, on the effective date of the Merger this option was canceled in exchange for a cash payment of $552,650, representing the excess of $29.25 (without interest) per underlying share of common stock over the $13.46 per share exercise price of the option, multiplied by the number of shares of common stock underlying such option.
Pursuant to the terms of the Agreement, on the effective date of the Merger this Performance Restricted Stock Unit award was assumed by eBay in the Merger and replaced with a Restricted Stock Unit award for 5,316 shares of underlying eBay common stock.
/s/ Damon Mintzer
2011-06-21