0001144204-14-010009.txt : 20140214 0001144204-14-010009.hdr.sgml : 20140214 20140214170420 ACCESSION NUMBER: 0001144204-14-010009 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20140214 DATE AS OF CHANGE: 20140214 GROUP MEMBERS: MICHAEL ZIMMERMAN SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: COLDWATER CREEK INC CENTRAL INDEX KEY: 0001018005 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-WOMEN'S CLOTHING STORES [5621] IRS NUMBER: 820419266 STATE OF INCORPORATION: DE FISCAL YEAR END: 0202 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-48773 FILM NUMBER: 14618352 BUSINESS ADDRESS: STREET 1: ONE COLDWATER CREEK DRIVE CITY: SANDPOINT STATE: ID ZIP: 83864 BUSINESS PHONE: 2082632266 MAIL ADDRESS: STREET 1: ONE COLDWATER CREEK DRIVE CITY: SANDPOINT STATE: ID ZIP: 83864 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Prentice Capital Management, LP CENTRAL INDEX KEY: 0001326150 IRS NUMBER: 731728931 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 33 BENEDICT PLACE STREET 2: 2ND FLOOR CITY: GREENWICH STATE: CT ZIP: 06830 BUSINESS PHONE: (212) 756-3587 MAIL ADDRESS: STREET 1: 33 BENEDICT PLACE STREET 2: 2ND FLOOR CITY: GREENWICH STATE: CT ZIP: 06830 SC 13G/A 1 v368638_sc13g-a.htm SC 13G/A

SECURITIES AND EXCHANGE COMMISSION

 

WASHINGTON, D. C. 20549

 

SCHEDULE 13G/A

 

Amendment No. 1

 

COLDWATER CREEK INC.

------------------------------------------------------------------------------

(Name of Issuer)

 

Common Stock, Par Value $0.01 Per Share

-------------------------------------------------------------------------------

(Title of Class of Securities)

 

193068202

------------------------------------------------------------------------------

(CUSIP Number of Class of Securities)

 

December 31, 2013

------------------------------------------------------------------------------

(Date of Event which Requires Filing of this Statement)

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

[ ] RULE 13d-1(b)

[X] RULE 13d-1(c)

[ ] RULE 13d-1(d)

 

  
CUSIP NO. 193068202Page 2 of 7

 

 

 

1.

 

NAME OF REPORTING PERSONS

 

Prentice Capital Management, LP

 

2.

 

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(see instructions)

(a)     o

(b)     x

 

3.

 

SEC USE ONLY

 

 

4.

 

 

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH

 

5.

 

SOLE VOTING POWER

 

0

 

6.

 

SHARED VOTING POWER

 

2,335,798

 

7.

 

SOLE DISPOSITIVE POWER

 

0

 

8.

 

 

SHARED DISPOSITIVE POWER

 

2,335,798

 

9.

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

2,335,798

 

10.

 

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

(SEE INSTRUCTIONS)

o

 

11.

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

7.63%*

 

12.

 

 

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

PN

       

 

*Beneficial ownership percentage is based upon 30,629,552 shares of common stock, $0.01 par value per share (the “Common Stock”), of Coldwater Creek Inc., a Delaware corporation (the “Company”), issued and outstanding as of December 10, 2013, based on information reported by the Company in its Quarterly Report on Form 10-Q for the quarterly period ended November 2, 2013, filed with the Securities and Exchange Commission on December 12, 2013.

 

  
CUSIP NO. 193068202Page 3 of 7


 

 

1.

 

NAME OF REPORTING PERSONS

 

Michael Zimmerman

 

2.

 

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(see instructions)

(a)     o

(b)     x

 

3.

 

SEC USE ONLY

 

 

4.

 

 

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH

 

5.

 

SOLE VOTING POWER

 

0

 

6.

 

SHARED VOTING POWER

 

2,335,798

 

7.

 

SOLE DISPOSITIVE POWER

 

0

 

8.

 

 

SHARED DISPOSITIVE POWER

 

2,335,798

 

 

9.

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

2,335,798

 

10.

 

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

(SEE INSTRUCTIONS)

o

 

11.

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

7.63%*

 

12.

 

 

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

IN

       

 

*Beneficial ownership percentage is based upon 30,629,552 shares of common stock, $0.01 par value per share (the “Common Stock”), of Coldwater Creek Inc., a Delaware corporation (the “Company”), issued and outstanding as of December 10, 2013, based on information reported by the Company in its Quarterly Report on Form 10-Q for the quarterly period ended November 2, 2013, filed with the Securities and Exchange Commission on December 12, 2013.

  
CUSIP NO. 193068202Page 4 of 7

 

ITEM 1(a). Name of Issuer:

 

Coldwater Creek Inc. (the “Company”)

 

ITEM 1(b). Address of Issuer's Principal Executive Offices:

 

One Coldwater Creek Drive

Sandpoint, Idaho 83864

-------------------------------------------------------------------

 

ITEM 2(a). Names of Person Filing:

 

This statement is filed by the entities and persons listed below, all of whom together are referred to herein as the “Reporting Persons”:

 

(i)Prentice Capital Management, LP, a Delaware limited partnership (“Prentice Capital Management”), with respect to the Common Stock, par value $0.01 per share, of the Company (the “Shares”), reported in this Amendment No. 1 to the Schedule 13G (the “Amendment”).

 

(ii)Michael Zimmerman who is the managing member of certain entities that, directly or indirectly, serve as the general partner or investment manager of certain investment funds and managed accounts that own the Shares reported in this Amendment.

 

ITEM 2(b). Address of Principal Business Office Or, If None, Residence:

 

The address for the Reporting Persons is 33 Benedict Place, 2nd Floor, Greenwich, CT 06830.

-------------------------------------------------------------------

 

ITEM 2(c). Citizenship:

 

Prentice Capital Management is organized under the laws of the State of Delaware. Mr. Zimmerman is a citizen of the United States.

 

ITEM 2(d). Title of Class of Securities:

 

Common Stock, $.01 par value per share

-------------------------------------------------------------------

 

ITEM 2(e). CUSIP Number: 193068202

---------

 

  
CUSIP NO. 193068202Page 5 of 7

 

ITEM 3. If this Statement is filed pursuant to Rules 13d-1(b) or 13d-2(b) or (c), check whether the person filing is:

 

Not Applicable

 

ITEM 4. Ownership:

 

Prentice Capital Management serves as investment manager to a number of investment funds and manages investments for certain entities in managed accounts with respect to which it has voting and dispositive authority over the Shares reported in this Amendment. Michael Zimmerman is the managing member of certain entities that, directly or indirectly, serve as the general partner or investment manager of certain investment funds and managed accounts that own the Shares reported in this Amendment. As such, he may be deemed to control Prentice Capital Management and certain of the investment funds and managed accounts managed by Prentice Capital Management and therefore may be deemed to be the beneficial owner of the Shares reported in this Amendment. Each of the Reporting Persons disclaims beneficial ownership of all of the Shares reported in this Amendment.

 

(a)Amount Beneficially Owned: 2,335,798

 

(b)Percent of class: 7.63 %

 

(c)Number of Shares as to which such person has:

 

(i)Sole power to vote or to direct the vote: 0

 

(ii)Shared power to vote or to direct the vote: 2,335,798

 

(iii)Sole power to dispose or to direct the disposition: 0

 

(iv)Shared power to dispose or to direct the disposition: 2,335,798

 

 

ITEM 5. Ownership of Five Percent or Less of a Class.

 

If this statement is being filed to report the fact that as of the date hereof the reporting persons has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [ ].

 

ITEM 6. Ownership of More Than Five Percent on Behalf of Another Person.

 

Not applicable.

 

ITEM 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.

 

Not applicable.

 

  
CUSIP NO. 193068202Page 6 of 7

 

 

ITEM 8. Identification and Classification of Members of the Group.

 

See Item 4

 

ITEM 9. Notice of dissolution of group.

 

Not applicable.

 

ITEM 10. Certifications.

 

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection or as a participant in any transaction having that purpose or effect.

 



 

  
CUSIP NO. 193068202Page 7 of 7

 

SIGNATURE

 

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.

 

 

  February 14, 2014
  PRENTICE CAPITAL MANAGEMENT, LP
     
     
  By: /s/ Michael Zimmerman
  Name: Michael Zimmerman
  Title: Chief Executive Officer
     
     
    /s/ Michael Zimmerman
    Michael Zimmerman

 

 

 

Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001)