0001299933-11-000446.txt : 20110209 0001299933-11-000446.hdr.sgml : 20110209 20110209170230 ACCESSION NUMBER: 0001299933-11-000446 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20110208 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20110209 DATE AS OF CHANGE: 20110209 FILER: 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 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-16611 FILM NUMBER: 11587889 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 8-K 1 htm_40690.htm LIVE FILING GSI COMMERCE, INC. (Form: 8-K)  

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

     
Date of Report (Date of Earliest Event Reported):   February 8, 2011

GSI COMMERCE, INC.
__________________________________________
(Exact name of registrant as specified in its charter)

     
Delaware 0-16611 04-2958132
_____________________
(State or other jurisdiction 		_____________
(Commission 		______________
(I.R.S. Employer
of incorporation) File Number) Identification No.)
      
935 First Avenue, King of Prussia, Pennsylvania   19406
_________________________________
(Address of principal executive offices) 		  ___________
(Zip Code)
     
Registrant’s telephone number, including area code:   610-491-7000

Not Applicable
______________________________________________
Former name or former address, if changed since last report

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On February 8, 2011, GSI Commerce, Inc. (the "Registrant") announced that Joshua Kopelman has been elected as a new member of its Board of Directors. Mr. Kopelman was elected on February 8, 2011 by the Board of Directors on the recommendation of the Nominating and Corporate Governance Committee.

Mr. Kopelman will receive compensation for serving on the Board in accordance with the terms described under the caption "Discussion of Director Compensation" in our proxy statement filed with the Securities and Exchange Commission on April 13, 2010. On his election to the Board, Mr. Kopelman received a restricted stock unit award to acquire the number of shares of our Common Stock equal to $125,000 divided by the fair market value of our Common Stock on the date of the award.

A copy of the press release announcing the election of Mr. Kopelman is attached hereto as Exhibit 99.1 and is incorporated herein by reference.





Item 9.01 Financial Statements and Exhibits.

99.1 Press Release, dated February 8, 2011





SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

         
    GSI COMMERCE, INC.
          
February 9, 2011   By:   /s/ Michael R. Conn
       
        Name: Michael R. Conn
        Title: Executive Vice President, Finance and Chief Financial Officer

Exhibit Index


     
Exhibit No.   Description
 
99.1
  Press Release, dated February 8, 2011
EX-99.1 2 exhibit1.htm EX-99.1 EX-99.1
     
Media
Kelly Henry
Director, Corporate Marketing
610.491.7474
news@gsicommerce.com 		 
Investors
Steve Somers, CFA
Sr. Director, Corporate Development,
Investor Relations & Treasury
610.491.7068
ir@gsicommerce.com

GSI Commerce Elects Josh Kopelman to its Board of Directors

KING OF PRUSSIA, Pa., Feb. 8, 2011 – GSI Commerce Inc. (Nasdaq: GSIC), a leading provider of e-commerce and interactive marketing solutions, today announced that renowned Internet entrepreneur and investor Josh Kopelman has been elected by the company’s board of directors to serve as a director of the company. The appointment of Kopelman brings the total number of GSI Commerce board members to 11.

In 1992, Kopelman co-founded Infonautics, an Internet information company, and took it public in 1996. He founded Half.com in 1999 and grew it to become one of the largest sellers of used books, movies and music in the world. Half.com was acquired by eBay Inc. in 2000 where he ran the business for three years. After leaving eBay Inc. in 2003, he co-founded TurnTide, an anti-spam company that was acquired by Symantec. Kopelman is currently managing director of First Round Capital, a seed stage technology venture fund with offices in Philadelphia, San Francisco and New York.

“Josh is one of the most successful Internet entrepreneurs and investors,” said Michael G. Rubin, founder and chief executive officer of GSI. “His vision and understanding of the changing landscape of e-commerce and the Internet will be very helpful as GSI Commerce continues to expand and evolve.”

“GSI Commerce is a pioneer in e-commerce and digital marketing and is very well positioned in large and growing markets,” said Josh Kopelman. “Joining the board now as Michael and the leadership team continue to diversify and grow the business with innovative concepts like Rue La La and ShopRunner.com is extremely exciting.”

About GSI Commerce
GSI Commerce® enables e-commerce, multichannel retailing and digital marketing for global enterprises in the U.S. and internationally. GSI’s e-commerce services which include technology, order management, payment processing, fulfillment and customer care, are available on a modular basis or as part of an integrated solution. GSI’s Global Marketing Services division provides innovative digital marketing products and services comprised of database management and segmentation, marketing distribution channels, a global digital agency to drive strategic and creative direction and an advanced advertising analytics and attribution management platform.  Additionally, GSI provides brands and retailers platforms to engage directly with consumers through RueLaLa.com, an online private sale shopping destination, and ShopRunner.com, a members-only shopping service that offers unlimited free two-day shipping and free shipping on returns for a $79 annual subscription.

Forward-Looking Statements
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements to be made during the presentation, including those in the tape recording, live audio and live Webcast of the presentation, other than statements of historical fact, are or will be forward-looking statements. Actual results might differ materially from what is expressed or implied by these forward-looking statements. Additional information about potential factors that could affect GSI Commerce can be found in its most recent Form 10-K, Form 10-Q and other reports and statements filed by GSI Commerce with the SEC. GSI Commerce expressly disclaims any intent or obligation to update these forward-looking statements.

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