SC 13D/A 1 ecom_sc13d.txt SCHEDULE 13D/A SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D (Rule 13d-101) Information to be Included in Statements Filed Pursuant to Rule 13d-1(a) and Amendments Thereto Filed Pursuant to Rule 13d-2(a) (Amendment No. 2) E COM VENTURES, INC. (Name of Issuer) Common Stock, $.01 Par Value (Title of class of securities) 26830k 20 5 (CUSIP Number) Geoffrey Etherington, Esq. Edwards & Angell, LLP 750 Lexington Avenue New York, NY 10022 (212) 756-0237 (Name, Address, and Telephone Number of person authorized to receive notices and communications) July 7, 2003 (Date of event which requires filing of this statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1 (b)(3) or (4), check the following box: [__]. *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 (the "Exchange Act") or otherwise subject to the liabilities of that section of the Exchange Act but shall be subject to all other provisions of the Exchange Act (however, see the Notes). CUSIP No. 26830k 20 5 Schedule 13D Page 2 of 6 1. Name of Reporting Person / I.R.S. Identification No. of Above Person Glenn H. Nussdorf 2. Check the Appropriate Box if a Member of a Group (a) [ ] (b) [X] 3. SEC Use Only 4. Source of Funds PF 5. Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [ ] 6. Citizenship or Place of Organization United States citizen Number of 7. Sole Voting Power 285,590 Shares Beneficially Owned By 8. Shared Voting Power None Each Reporting Person With 9 Sole Dispositive Power 285,590 10 Shared Dispositive Power None 11. Aggregate Amount Beneficially Owned by Each Reporting Person 285,590 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] 13. Percent of Class Represented by Amount in Row (11) 11.50% 14. Type of Reporting Person IN CUSIP No. 26830k 20 5 Schedule 13D Page 3 of 6 1. Name of Reporting Person / I.R.S. Identification No. of Above Person Stephen L. Nussdorf 2. Check the Appropriate Box if a Member of a Group (a) [ ] (b) [X] 3. SEC Use Only 4. Source of Funds PF 5. Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [ ] 6. Citizenship or Place of Organization United States citizen Number of 7. Sole Voting Power 96,000 Shares Beneficially Owned By 8. Shared Voting Power None Each Reporting Person With 9 Sole Dispositive Power 96,000 10 Shared Dispositive Power None 11. Aggregate Amount Beneficially Owned by Each Reporting Person 96,000 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] 13. Percent of Class Represented by Amount in Row (11) 3.87% 14. Type of Reporting Person IN CUSIP No. 26830k 20 5 Schedule 13D Page 4 of 6 This Amendment No. 2 to Schedule 13D relates to the Common Stock, par value $0.01 per share, of E Com Ventures, Inc. (the "Issuer"). The Issuer's principal executive offices are located at 11701 NW 101st Road, Miami, FL 33178. This Amendment relates to the Schedule 13D originally filed June 19, 2003 by Glenn H. Nussdorf, as amended June 7, 2003 by Glenn H. Nussdorf and Stephen L. Nussdorf (the "Initial Schedule 13D"). Item 5 of the Initial Schedule 13D is being amended, together with the cover pages thereto, to reflect certain purchases of common stock of the Issuer by Glenn H. Nussdorf and Stephen L. Nussdorf, the brother of Glenn H. Nussdorf. Glenn H. Nussdorf and Stephen L. Nussdorf may be considered a "group" within the meaning of Rule 13d-5 under the Securities Exchange Act of 1934, as amended, although each disclaims beneficial ownership of the securities owned by the other. Except as provided herein, the Amendment does not modify any of the information previously reported on the Schedule 13D. Item 5. Interest in Securities of the Issuer Item 5 is hereby supplemented and amended as follows: Item 5(a). The aggregate percentage of shares of common stock reported owned by both filing persons is based upon 2,483,213 shares outstanding, which is the total number of shares of common stock outstanding as of June 3, 2003, as reported in the Issuer's Form 10-Q for the fiscal quarter ended May 3, 2003. Item 5(b). As of the close of business on July 7, 2003, Glenn H. Nussdorf beneficially owned 285,590 shares of common stock, constituting approximately 11.50% of the shares outstanding. Glenn H. Nussdorf has sole voting and dispositive power with respect to all of the shares beneficially owned by him. As of the close of business on the same day, Stephen L. Nussdorf beneficially owned 96,000 shares of common stock, constituting approximately 3.87% of the shares outstanding. Stephen L. Nussdorf holds these shares in a joint account with his wife. Item 5(c). Stephen L. Nussdorf effected the following transactions in Issuer's common stock since the last transaction reported in Amendment No. 1 to the Schedule 13D:
Date # of Shares Price per share Nature of Transaction ---- ----------- --------------- --------------------- July 3, 2003 3,000 $8.70 Open market purchase July 3, 2003 1,900 $8.80 Open market purchase July 3, 2003 1,500 $8.82 Open market purchase July 3, 2003 950 $8.84 Open market purchase July 3, 2003 900 $8.85 Open market purchase July 3, 2003 500 $8.90 Open market purchase July 3, 2003 250 $8.99 Open market purchase July 3, 2003 2,613 $9.00 Open market purchase July 3, 2003 5,100 $9.05 Open market purchase July 3, 2003 1,287 $9.10 Open market purchase July 7, 2003 600 $9.09 Open market purchase July 7, 2003 1,000 $9.10 Open market purchase July 7, 2003 2,300 $9.15 Open market purchase July 7, 2003 5,550 $9.20 Open market purchase July 7, 2003 1,700 $9.25 Open market purchase July 7, 2003 1,000 $9.27 Open market purchase July 7, 2003 800 $9.28 Open market purchase July 7, 2003 2,400 $9.30 Open market purchase July 7, 2003 100 $9.31 Open market purchase CUSIP No. 26830k 20 5 Schedule 13D Page 5 of 6 July 7, 2003 2,500 $9.33 Open market purchase July 7, 2003 3,900 $9.35 Open market purchase July 7, 2003 3,600 $9.40 Open market purchase July 7, 2003 1,500 $9.41 Open market purchase July 7, 2003 100 $9.44 Open market purchase July 7, 2003 2,500 $9.45 Open market purchase July 8, 2003 200 $9.45 Open market purchase July 8, 2003 7,000 $9.50 Open market purchase July 8, 2003 900 $9.52 Open market purchase July 8, 2003 350 $9.55 Open market purchase Total 56,000
In addition, Glenn H. Nussdorf effected the following transactions in Issuer's common stock on the dates indicated, which were inadvertently omitted from the Schedule 13D as originally filed. These transactions are included in the total ownership reported for Glenn H. Nussdorf herein:
Date # of Shares Price per share Nature of Transaction ---- ----------- --------------- --------------------- June 5, 2003 6,500 $5.50 Open market purchase June 6, 2003 1,800 $5.50 Open market purchase June 9, 2003 1,700 $5.50 Open market purchase June 27, 2003 2,400 $7.39 Open market purchase June 27, 2003 1,800 $7.45 Open market purchase June 27, 2003 400 $7.48 Open market purchase Total 14,600
Item 5(d). Not applicable. Item 5(e). Not applicable. CUSIP No. 26830k 20 5 Schedule 13D Page 6 of 6 SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this Statement is true, complete and correct. Date: July 8, 2003 /s/ Alfred R. Paliani --------------------------------------------- Glenn H. Nussdorf By: Alfred R. Paliani, attorney-in-fact /s/ Alfred R. Paliani --------------------------------------------- Stephen L. Nussdorf By: Alfred R. Paliani, attorney-in-fact