0000902664-13-003780.txt : 20131114 0000902664-13-003780.hdr.sgml : 20131114 20131114214521 ACCESSION NUMBER: 0000902664-13-003780 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120910 FILED AS OF DATE: 20131114 DATE AS OF CHANGE: 20131114 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: OVERLAND STORAGE INC CENTRAL INDEX KEY: 0000889930 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER STORAGE DEVICES [3572] IRS NUMBER: 953535285 STATE OF INCORPORATION: CA FISCAL YEAR END: 0630 BUSINESS ADDRESS: STREET 1: 9112 SPECTRUM CENTER BOULEVARD CITY: SAN DIEGO STATE: CA ZIP: 92123 BUSINESS PHONE: 8585715555 MAIL ADDRESS: STREET 1: 9112 SPECTRUM CENTER BOULEVARD CITY: SAN DIEGO STATE: CA ZIP: 92123 FORMER COMPANY: FORMER CONFORMED NAME: OVERLAND DATA INC DATE OF NAME CHANGE: 19961212 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Hall George E. CENTRAL INDEX KEY: 0001566939 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-22071 FILM NUMBER: 131222302 MAIL ADDRESS: STREET 1: C/O CLINTON GROUP INC, 601 LEXINGTON AVE STREET 2: 51ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10021 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: CLINTON GROUP INC CENTRAL INDEX KEY: 0001134119 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-22071 FILM NUMBER: 131222303 BUSINESS ADDRESS: STREET 1: 9 WEST 57TH STREET CITY: NEW YORK STATE: NY ZIP: 10019 BUSINESS PHONE: 2128250400 MAIL ADDRESS: STREET 1: 9 WEST 57TH STREET CITY: NEW YORK STATE: NY ZIP: 10019 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Clinton Magnolia Master Fund, Ltd. CENTRAL INDEX KEY: 0001567109 STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-22071 FILM NUMBER: 131222304 BUSINESS ADDRESS: STREET 1: C/O CLINTON GROUP INC., 601 LEXINGTON AV STREET 2: 51ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-825-0400 MAIL ADDRESS: STREET 1: C/O CLINTON GROUP INC., 601 LEXINGTON AV STREET 2: 51ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 4 1 p13-2025form4.xml CLINTON GROUP, INC. X0306 4 2012-09-10 0 0000889930 OVERLAND STORAGE INC OVRL 0001567109 Clinton Magnolia Master Fund, Ltd. C/O CLINTON GROUP INC., 601 LEXINGTON AV 51ST FLOOR NEW YORK NY 10022 1 0 1 1 See Remarks 0001134119 CLINTON GROUP INC 601 LEXINGTON AV 51ST FLOOR NEW YORK NY 10022 0 0 1 0 0001566939 Hall George E. C/O CLINTON GROUP INC, 601 LEXINGTON AVE 51ST FLOOR NEW YORK NY 10022 0 0 1 0 Common Stock, no par value ("Common Stock") 2012-09-10 4 P 0 41595 1.90 A 2874456 I See Footnote Common Stock 2012-09-11 4 P 0 5262 1.94 A 2879718 I See Footnote Common Stock 2012-09-14 4 P 0 17500 1.93 A 2897218 I See Footnote Common Stock 2013-11-08 4 C 0 769230 1.30 A 3721379 I See Footnote Convertible Promissory Notes 1.30 2013-02-13 4 P 0 1000000 0 A 2013-02-13 2017-02-13 Common Stock 769230 1000000 I See Footnote Convertible Promissory Notes 1.30 2013-11-08 4 C 0 1000000 0 D 2013-02-13 2017-02-13 Common Stock 769230 0 I See Footnote The securities reported on this line may be deemed to be indirectly beneficially owned by Clinton Group, Inc. ("CGI"), which securities are directly held by Clinton Magnolia Master Fund, Ltd. ("CMAG"). CGI is deemed to be the indirect beneficial owner of such securities by virtue of its position as investment manager of CMAG. George E. Hall is deemed to be the indirect beneficial owner of such securities by virtue of his direct and indirect control of CGI. For purposes of Rule 16a-1(a)(2) of the 1934 Act, each of the reporting persons disclaims beneficial ownership of the shares reported herein to the extent such beneficial ownership exceeds its pecuniary interest therein. Includes an aggregate of 54,928 shares of Common Stock issued to CMAG in payment of accrued interest on the 8% Convertible Promissory Notes of the Issuer. The shares of Common Stock were issued at the option of the Issuer in lieu of the payment of interest in cash in a transaction exempt from Section 16 under Rule 16(a)-9. Mr. Joseph De Perio, an employee of CGI, serves as a member of the board of directors of the Issuer. CGI may therefore be deemed to be a director by deputization. CLINTON MAGNOLIA MASTER FUND, LTD., By: Clinton Group, Inc., its investment manager, /s/ Francis Ruchalski, Chief Financial Officer 2013-11-14 CLINTON GROUP, INC., /s/ Francis Ruchalski, 2013-11-14 /s/ George E. Hall, George E. Hall 2013-11-14