-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, TE0Wr8AVeyY8z0V+3/GvbG1+i1MBg5MPTHO0rL4d9WOP1RdKGfW7tiVquDcwqTgg nl1EwdIkCIRtfUFiWIiTxw== 0001104659-03-019619.txt : 20030827 0001104659-03-019619.hdr.sgml : 20030827 20030827121736 ACCESSION NUMBER: 0001104659-03-019619 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20030827 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BYRNE PATRICK CENTRAL INDEX KEY: 0001205772 FILING VALUES: FORM TYPE: SC 13D/A MAIL ADDRESS: STREET 1: 6322 S 3000 C STREET 2: STE 100 CITY: SALT LAKE CITY STATE: UT ZIP: 84121 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: OVERSTOCK COM INC CENTRAL INDEX KEY: 0001130713 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 870634302 STATE OF INCORPORATION: UT FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-78607 FILM NUMBER: 03867886 BUSINESS ADDRESS: STREET 1: 6322 SOUTH 3000 EAST STREET 2: STE 100 CITY: SALT LAKE CITY STATE: UT ZIP: 84121 BUSINESS PHONE: 8019473100 MAIL ADDRESS: STREET 1: 6322 SOUTH 3000 EAST STREET 2: STE 100 CITY: SALT LAKE CITY STATE: UT ZIP: 84121 SC 13D/A 1 a03-3006_1sc13da.htm SC 13D/A

SEC 1746
(11-02)


Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

 

 

UNITED STATES

OMB APPROVAL

 

SECURITIES AND EXCHANGE
COMMISSION

OMB Number:
3235-0145

 

Washington, D.C. 20549

Expires: December 31, 2005

 

SCHEDULE 13D

Estimated average burden hours per response. . 11

Under the Securities Exchange Act of 1934
(Amendment No. 1 )*

OVERSTOCK.COM, INC.

(Name of Issuer)

 

Common Stock, par value $0.0001 per share

(Title of Class of Securities)

 

690370 10 1

(CUSIP Number)

 

Patrick M. Byrne
6322 South 3000 East, Suite 100
Salt Lake City, Utah 84121
(801) 947-3100

(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)

 

August 21, 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 that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. [   ]

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.

* 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 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

AMENDMENT NO. 1 TO
SCHEDULE 13D

 

CUSIP No.   690370 10 1

 

 

1.

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only).
Patrick M. Byrne

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

 [    ]

 

 

(b)

 [ X ]

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
PF, WC(1)

 

 

5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)    [  ]

 

 

6.

Citizenship or Place of Organization
United States

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
355,702(2)

 

8.

Shared Voting Power
5,507,368(3)

 

9.

Sole Dispositive Power
355,702

 

10.

Shared Dispositive Power
5,507,368

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person
5,863,070

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)  [ X ]

 

 

13.

Percent of Class Represented by Amount in Row (11)
34.4 %

 

 

14.

Type of Reporting Person (See Instructions)
IN

 

(1)          Working Capital of High Plains Investments LLC.

(2)          Includes 21,102 Shares reported that consist of unexercised options, which have no actual voting power.

(3)          Includes 629,536 Shares reported that consist of unexercised warrants, which have no actual voting power.

 

2

 

Item 1.

Security and Issuer

AMENDMENT NO. 1 TO
STATEMENT ON SCHEDULE 13D

This Amendment No. 1 (this “Amendment”) amends and supplements the Statement on Schedule 13D filed by Patrick M. Byrne, John B. Pettway, High Plains Investments LLC and Haverford Valley L.C. dated November 14, 2002 (the “Original 13D”) relating to shares of the common stock, par value $0.0001 per share (the "Shares") of Overstock.com, Inc., a Delaware corporation (the "Issuer"), whose principal executive offices are located at 6322 South 3000 East, Suite 100, Salt Lake City, Utah 84121.  Capitalized terms used but not defined herein have the meanings ascribed to them in the Original 13D.

Item 2.

Identity and Background

Item 2 of the Original 13D is supplemented as follows:

The name of the person filing this Amendment is Patrick M. Byrne (the “Reporting Person” or “Dr. Byrne”).

 

Item 3.

Source and Amount of Funds or Other Consideration

Item 3 of the Original 13D is supplemented as follows:

During the period beginning on August 21, 2003 through August 25, 2003 Dr. Byrne purchased 334,600 shares in open market transactions on the Nasdaq National Market System with his personal funds.

Item 4.

Purpose of Transaction

Item 4 of the Original 13D is supplemented as follows:

Dr. Byrne holds the Shares acquired as reported in this Amendment for the purpose of investment.  Dr. Byrne may purchase additional shares.

 

Item 5.

Interest in Securities of the Issuer

Item 5 of the Original 13D is supplemented as follows:

(a)           As set forth herein, Dr. Byrne beneficially owns 5,863,070 Shares, which represent 34.4% of the outstanding Shares, based upon the number of Shares outstanding as of the most recent practicable date, and calculated in accordance with Rule 13d-3.  Dr. Byrne shares voting and dispositive power over 5,507,368 Shares with High Plains Investments LLC, Haverford Valley L.C. and Mr. Pettway.  Dr. Byrne has sole voting and dispositive power over 355,702 Shares, including 21,102 Shares subject to unexercised options. 

(f)            No transactions in the Shares were effected by Dr. Byrne in the last sixty days except that Dr. Byrne acquired beneficial ownership of 334,600 of the Shares described herein in open market purchases on the Nasdaq National Market System as described below:

 

3

 

Date

 

Number
of Shares

 

Price
per Share

 

 

 

 

 

 

 

21-Aug

 

500

 

$

11.880

 

21-Aug

 

3,041

 

$

11.900

 

21-Aug

 

400

 

$

11.930

 

21-Aug

 

100

 

$

11.940

 

21-Aug

 

8,159

 

$

11.950

 

21-Aug

 

2,000

 

$

11.960

 

21-Aug

 

1,000

 

$

11.970

 

21-Aug

 

4,500

 

$

11.980

 

21-Aug

 

9,300

 

$

12.000

 

22-Aug

 

100

 

$

11.530

 

22-Aug

 

500

 

$

11.588

 

22-Aug

 

700

 

$

11.590

 

22-Aug

 

4,300

 

$

11.600

 

25-Aug

 

2,700

 

$

11.300

 

25-Aug

 

300

 

$

11.410

 

25-Aug

 

148

 

$

11.499

 

25-Aug

 

12,252

 

$

11.500

 

25-Aug

 

3,632

 

$

11.530

 

25-Aug

 

500

 

$

11.630

 

25-Aug

 

200

 

$

11.636

 

25-Aug

 

100

 

$

11.638

 

25-Aug

 

400

 

$

11.639

 

25-Aug

 

1,200

 

$

11.640

 

25-Aug

 

100

 

$

11.648

 

25-Aug

 

100

 

$

11.650

 

25-Aug

 

600

 

$

11.660

 

25-Aug

 

600

 

$

11.670

 

25-Aug

 

2,000

 

$

11.680

 

25-Aug

 

300

 

$

11.689

 

25-Aug

 

1,532

 

$

11.690

 

25-Aug

 

29,136

 

$

11.700

 

25-Aug

 

44,500

 

$

11.750

 

25-Aug

 

800

 

$

11.770

 

25-Aug

 

9,300

 

$

11.780

 

25-Aug

 

300

 

$

11.790

 

25-Aug

 

11,700

 

$

11.800

 

25-Aug

 

10,300

 

$

11.850

 

25-Aug

 

8,600

 

$

11.860

 

25-Aug

 

200

 

$

11.900

 

25-Aug

 

972

 

$

11.910

 

25-Aug

 

100

 

$

11.940

 

25-Aug

 

100

 

$

11.980

 

25-Aug

 

1,800

 

$

11.990

 

25-Aug

 

800

 

$

12.040

 

25-Aug

 

1,500

 

$

12.050

 

25-Aug

 

100

 

$

12.060

 

25-Aug

 

100

 

$

12.070

 

25-Aug

 

28

 

$

12.150

 

25-Aug

 

800

 

$

12.190

 

25-Aug

 

1,600

 

$

12.200

 

25-Aug

 

4,400

 

$

12.210

 

25-Aug

 

5,600

 

$

12.220

 

25-Aug

 

9,600

 

$

12.240

 

25-Aug

 

1,000

 

$

12.248

 

25-Aug

 

17,200

 

$

12.250

 

25-Aug

 

300

 

$

12.280

 

25-Aug

 

300

 

$

12.298

 

25-Aug

 

7,700

 

$

12.300

 

25-Aug

 

8,200

 

$

12.330

 

25-Aug

 

100

 

$

12.340

 

25-Aug

 

100

 

$

12.350

 

25-Aug

 

200

 

$

12.360

 

25-Aug

 

7,600

 

$

12.370

 

25-Aug

 

400

 

$

12.380

 

25-Aug

 

300

 

$

12.390

 

25-Aug

 

29,800

 

$

12.400

 

25-Aug

 

300

 

$

12.409

 

25-Aug

 

1,000

 

$

12.410

 

25-Aug

 

6,000

 

$

12.420

 

25-Aug

 

900

 

$

12.430

 

25-Aug

 

9,200

 

$

12.440

 

25-Aug

 

25,600

 

$

12.450

 

25-Aug

 

200

 

$

12.470

 

25-Aug

 

100

 

$

12.480

 

25-Aug

 

10,730

 

$

12.490

 

25-Aug

 

3,770

 

$

12.500

 

 

 

334,600

 

 

 

 

4

 

Signature

            After reasonable inquiry and to the best of the undersigned's knowledge and belief, the undersigned certifies that the information set forth in this Amendment No. 1 to Statement on Schedule 13D is true, complete and correct

 

August 26, 2003

 

Date

 


/s/ Patrick M. Byrne

 

Signature

 


Patrick M. Byrne

 

Name/Title

 

 

5

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