-----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, VcpJa6C7ladKuPaP2hKP3U28AgxAF3csN+51AzNQRNEpOmp26oWE0v6ueYVe3SEP rq0HaHebNhV1CRBmpt2e9g== 0001104659-10-010047.txt : 20100226 0001104659-10-010047.hdr.sgml : 20100226 20100226102250 ACCESSION NUMBER: 0001104659-10-010047 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20100226 DATE AS OF CHANGE: 20100226 GROUP MEMBERS: QK HOLDINGS, INC. GROUP MEMBERS: QVC, INC. SUBJECT COMPANY: 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: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-40244 FILM NUMBER: 10636576 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 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: LIBERTY MEDIA CORP CENTRAL INDEX KEY: 0001355096 STANDARD INDUSTRIAL CLASSIFICATION: CABLE & OTHER PAY TELEVISION SERVICES [4841] IRS NUMBER: 841288730 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 12300 LIBERTY BOULEVARD CITY: ENGLEWOOD STATE: CO ZIP: 80112 BUSINESS PHONE: 7208755400 MAIL ADDRESS: STREET 1: 12300 LIBERTY BOULEVARD CITY: ENGLEWOOD STATE: CO ZIP: 80112 FORMER COMPANY: FORMER CONFORMED NAME: Liberty Media Holding CORP DATE OF NAME CHANGE: 20060303 SC 13D/A 1 a10-4544_2sc13da.htm SC 13D/A

 

 

UNITED STATES

 

 

SECURITIES AND EXCHANGE COMMISSION

 

 

Washington, D.C. 20549

 

 

 

 

 

SCHEDULE 13D/A

 

 

Under the Securities Exchange Act of 1934

(Amendment No. 10)*

 

GSI Commerce, Inc.

(Name of Issuer)

 

Common Stock, $0.01 par value

(Title of Class of Securities)

 

37937A107

(CUSIP Number)

 

 

 

Lawrence R. Hayes, Esq.

Charles Y. Tanabe, Esq.

 

Senior Vice President and General Counsel

Executive Vice President and General Counsel

 

QVC, Inc.

Liberty Media Corporation

 

Studio Park

12300 Liberty Boulevard

 

1200 Wilson Drive

Englewood, CO  80112

 

West Chester, PA 19380

(720) 875-5400

 

(484) 701-1000

 

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

 

February 22, 2010

(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.o

 

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).

 

Note:  This statement constitutes Amendment No. 4 of the Report on Schedule 13D of Liberty Media Corporation and also constitutes Amendment No. 10 of the Report on Schedule 13D of the reporting group consisting of QK Holdings, Inc. and QVC, Inc.

 



 

CUSIP No.   37937A107

 

 

1.

Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only)
Liberty Media Corporation
84-1288730

 

 

2.

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

 

 

(a)

 x

 

 

(b)

 o

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
Not applicable

 

 

5.

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

 

 

6.

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
0

 

8.

Shared Voting Power
0

 

9.

Sole Dispositive Power
0

 

10.

Shared Dispositive Power
0

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person
0

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

13.

Percent of Class Represented by Amount in Row (11)
0

 

 

14.

Type of Reporting Person (See Instructions)
CO, HC

 

2



 

CUSIP No.   37937A107

 

 

1.

Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only)
QVC, Inc.
23-2414041

 

 

2.

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

 

 

(a)

 x

 

 

(b)

 o

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
Not applicable

 

 

5.

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

 

 

6.

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
0

 

8.

Shared Voting Power
0

 

9.

Sole Dispositive Power
0

 

10.

Shared Dispositive Power
0

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person
0

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

13.

Percent of Class Represented by Amount in Row (11)
0

 

 

14.

Type of Reporting Person (See Instructions)
CO, HC

 

3



 

CUSIP No.   37937A107

 

 

1.

Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only)
QK Holdings, Inc.
51-0392895

 

 

2.

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

 

 

(a)

 x

 

 

(b)

 o

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
Not applicable

 

 

5.

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

 

 

6.

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
0

 

8.

Shared Voting Power
0

 

9.

Sole Dispositive Power
0

 

10.

Shared Dispositive Power
0

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person
0

 

 

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o

 

 

13.

Percent of Class Represented by Amount in Row (11)
0

 

 

14.

Type of Reporting Person (See Instructions)
CO

 

4



 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13D/A

(Amendment No. 10)

 

Statement of

 

LIBERTY MEDIA CORPORATION

QVC, INC.

and

QK HOLDINGS, INC.

 

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

in respect of

 

GSI COMMERCE, INC.

 

This Report on Schedule 13D relates to the common stock, par value $0.01 per share (the “Common Stock”) of GSI Commerce, Inc., a Delaware corporation (the “Issuer”).

 

This Amendment No. 10 to Schedule 13D (this “Amendment”) amends and supplements the Statement on Schedule 13D filed by Interactive Technology Holdings, LLC (“ITH”), QK Holdings, Inc. (“QK”), QVC, Inc. (“QVC”), Comcast Corporation, Comcast Holdings Corporation, Comcast Programming Holdings, Inc. and Comcast QVC, Inc. (collectively, the “Former Reporting Group”) on September 22, 2000, as amended and supplemented by Amendment No. 1 thereto filed on October 6, 2000, Amendment No. 2 thereto filed on August 29, 2001, Amendment No. 3 thereto filed on May 19, 2003, Amendment No. 4 thereto filed on July 29, 2003, Amendment No. 5 thereto filed on September 19, 2003, Amendment No. 6 thereto filed on October 2, 2003 by Liberty Media Corporation (“Liberty”), QVC, QK (each a “Reporting Person,” and collectively, the “Liberty Reporting Persons”), and ITH, which Amendment No. 6 constituted the original filing of a report on Schedule 13D by Liberty, Amendment No. 7 thereto filed on February 11, 2005 by the Liberty Reporting Persons, which Amendment No. 7 constituted the first amendment to the original filing of a report on Schedule 13D by Liberty, Amendment No. 8 thereto filed on February 24, 2006 by the Liberty Reporting Persons, which Amendment No. 8 constituted the second amendment to the original filing of a report on 13D by Liberty, and Amendment No. 9 thereto filed on September 1, 2006 by the Liberty Reporting Persons, which Amendment No. 9 constituted the third amendment to the original filing of a report on 13D by Liberty (the original Schedule 13D filing together with all amendments thereto collectively, the “Original Filing”).  This Amendment also constitutes Amendment No. 4 to the original filing of a report on Schedule 13D filed by Liberty on October 2, 2003.  This Amendment is the final amendment to the Schedule 13D and an exit filing for the Liberty Reporting Persons.

 

The purpose of this Amendment is to report QK’s disposition of all of its shares of Common Stock.  As a result, other than as specified in this Amendment, this Amendment is not intended to amend or otherwise affect the Original Filing to the extent the same was filed by and relates to the Former Reporting Group.

 

Information contained herein with respect to each Reporting Person and its executive officers, directors and controlling persons is given solely by such Reporting Person, and no other Reporting Person has responsibility for the accuracy or completeness of information supplied by such other Reporting Person.  Capitalized terms used and not defined in this Amendment have the meanings set forth in the Original Filing.  References to “herein” and “hereof” are references to the Original Filing, as amended by this Amendment.

 

Item 2.

Identity and Background.

Item 2 of the Original Filing is amended and supplemented to add the following information:

 

Information concerning the executive officers and directors of the Liberty Reporting Persons is set forth in Exhibit 99.1 to this Amendment. Each of such executive officers and directors is a citizen of the United States, unless otherwise noted in Exhibit 99.1.  No Reporting Person, nor, to the best knowledge of such Reporting Person, any of its executive officers and directors named in Exhibit 99.1 to this Amendment, has, during the last five years, been convicted of a criminal proceeding (excluding traffic violations or similar misdemeanors) or been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction resulting

 

5



 

in a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.

 

 

Item 4.

Purpose of the Transaction.

Item 4 of the Original Filing is amended and supplemented to add the following information:

 

Pursuant to the terms of a registration rights agreement, the Issuer filed a preliminary prospectus supplement, dated February 16, 2010, and a final prospectus supplement, dated February 18, 2010, and the accompanying base prospectus, dated November 18, 2009 (collectively, the “prospectus”), to permit QK to resell its shares of Common Stock in an underwritten public offering (the “Selling Stockholder Offering”).  In connection with the Selling Stockholder Offering, the Issuer and QK entered into a Purchase Agreement, dated February 16, 2010, with Merrill Lynch, Pierce, Fenner & Smith Incorporated (the “underwriter”).  Pursuant to the purchase agreement, QK agreed to sell to the underwriter 9,248,968 shares of the Issuer’s Common Stock (the “QK Shares”) in the Selling Stockholder Offering.  The per share price at which the QK Shares were sold to the public is $24.20, of which $23.84 per share was payable to QK.

 

On February 22, 2010, QK completed the Selling Stockholder Offering.  QK no longer owns any shares of the Issuer’s Common Stock.  The Issuer did not receive any of the proceeds from the Selling Stockholder Offering.

 

Under agreements with the Issuer, QK had certain registration rights, pre-emptive rights, the right to designate one director for election to the Issuer’s board of directors and veto rights, all as more fully described in the prospectus.  These rights have terminated as a result of the sale of the QK Shares in the Selling Stockholder Offering.

 

Item 5.

Interest in Securities of the Issuer.

Item 5 of the Original Filing is amended and supplemented to add the following information:

 

(a) and (b)  The responses of the Liberty Reporting Persons to Rows (7) through (13) of pages 2, 3, and 4 of this Amendment are incorporated herein by reference.  As a result of the completion of the Selling Stockholder Offering, the Liberty Reporting Persons no longer beneficially own any shares of Common Stock.  To the knowledge of the Liberty Reporting Persons, none of the executive officers or directors named on Exhibit 99.1 to this Amendment beneficially owns shares of Common Stock.

 

(c)  Except as described herein or in connection with the Selling Stockholder Offering, none of the Liberty Reporting Persons nor, to the knowledge of the Liberty Reporting Persons, any of the executive officers or directors named on Exhibit 99.1 to this Amendment, have effected any transactions of the Issuer’s securities in the last 60 days other than those transactions described in this Amendment.

 

(d) Not applicable.

 

(e)  February 22, 2010.

 

 

Item 7.

Material Filed as Exhibits.

99.1

Executive Officers and Directors of Liberty Media Corporation, QVC, Inc. and QK Holdings, Inc.

 

6



 

SIGNATURES

 

After reasonable inquiry and to the best of our knowledge and belief, we certify that the information set forth in this statement is true, complete and correct.

 

Dated:  February 26, 2010

 

QK HOLDINGS, INC.

 

 

 

 

 

 

By:

/s/ Daniel J. Feiner

 

 

Name:

Daniel J. Feiner

 

 

Title:

President

 

 

 

 

 

 

 

 

 

QVC, INC.

 

 

 

 

 

By:

/s/ Lawrence R. Hayes

 

 

Name:

Lawrence R. Hayes

 

 

Title:

Senior Vice President and General Counsel

 

 

 

 

 

 

 

 

 

LIBERTY MEDIA CORPORATION

 

 

 

 

 

 

 

 

 

By:

/s/ Charles Y. Tanabe

 

 

Name:

Charles Y. Tanabe

 

 

Title:

Executive Vice President and General Counsel

 

 

7



 

EXHIBIT INDEX

 

Item 7.

Material Filed as Exhibits.

99.1

Executive Officers and Directors of Liberty Media Corporation, QVC, Inc. and QK Holdings, Inc.

 

8


 

EX-99.1 2 a10-4544_2ex99d1.htm EX-99.1

EXHIBIT 99.1

 

DIRECTORS AND EXECUTIVE OFFICERS

OF THE

LIBERTY REPORTING PERSONS

 

1.             Directors and Executive Officers of Liberty Media Corporation

 

The name and present principal occupation of each director and executive officer of Liberty are set forth below.  Unless otherwise noted, the business address for each person listed below is c/o Liberty Media Corporation, 12300 Liberty Boulevard, Englewood, Colorado 80112.  All executive officers and directors listed are United States citizens, except for David J.A. Flowers, who is a citizen of Canada, and M. Ian G. Gilchrist, who is a citizen of the United States and Canada.

 

Name and Business Address
(if applicable)

 

Principal Occupation and Principal Business
(if applicable)

 

 

 

John C. Malone

 

Chairman of the Board and Director of Liberty

 

 

 

Gregory B. Maffei

 

Chief Executive Officer, President and Director of Liberty

 

 

 

Robert R. Bennett

 

Director of Liberty

 

 

 

Donne F. Fisher

 

Director of Liberty; President of Fisher Capital Partners, Ltd.

 

 

 

M. Ian G. Gilchrist

 

Director of Liberty

 

 

 

Evan D. Malone

 

Director of Liberty; Owner and Manager of 1525 South Street LLC

 

 

 

David E. Rapley

 

Director of Liberty

 

 

 

M. LaVoy Robison

 

Director of Liberty; Executive Director and a Board Member of the Anschutz Foundation

 

 

 

Larry E. Romrell

 

Director of Liberty

 

 

 

David J.A. Flowers

 

Senior Vice President and Treasurer of Liberty

 

 

 

Albert E. Rosenthaler

 

Senior Vice President of Liberty

 

 

 

Christopher W. Shean

 

Senior Vice President and Controller of Liberty

 

 

 

Charles Y. Tanabe

 

Executive Vice President and General Counsel of Liberty

 



 

2.             Executive Officers of QVC, Inc.

 

The name and present principal occupation of each executive officer of QVC is set forth below.  No individual serves as a director of QVC.  Unless otherwise noted, the business address for each person listed below is c/o QVC, Inc., Studio Park, 1200 Wilson Drive, West Chester, PA 19380.  All executive officers listed are United States citizens, except for Steve Hofmann, who is a citizen of the United States and the United Kingdom, Chris Horobin, who is a citizen of the United Kingdom, Dermot Boyd, who is a citizen of the United Kingdom, and Ulrich Flatten, who is a citizen of Germany.

 

Name and Business Address
(if applicable)

 

Position

 

Principal Occupation

 

Principal Business in
which such Employment
is Conducted

 

 

 

 

 

 

 

Michael A. George

 

Executive Officer

 

President and Chief Executive Officer of QVC

 

Retailing of general merchandise through electronic media

 

 

 

 

 

 

 

Steve Hofmann

 

Executive Officer

 

Chief Executive Officer of QVC-Italy

 

Retailing of general merchandise through electronic media

 

 

 

 

 

 

 

Chris Horobin

 

Executive Officer

 

Chief Executive Officer of QVC-Japan

 

Retailing of general merchandise through electronic media

 

 

 

 

 

 

 

Dermot Boyd

 

Executive Officer

 

Chief Executive Officer of QVC-UK

 

Retailing of general merchandise through electronic media

 

 

 

 

 

 

 

Ulrich Flatten

 

Executive Officer

 

Chief Executive Officer of QVC-Germany

 

Retailing of general merchandise through electronic media

 

 

 

 

 

 

 

Lawrence R. Hayes

 

Executive Officer

 

Senior Vice President, General Counsel & Secretary of QVC

 

Retailing of general merchandise through electronic media

 

 

 

 

 

 

 

Claire Watts

 

Executive Officer

 

President of U.S. Commerce of QVC

 

Retailing of general merchandise through electronic media

 

 

 

 

 

 

 

John Hunter

 

Executive Officer

 

Executive Vice President of Customer Fulfillment Services of QVC

 

Retailing of general merchandise through electronic media

 

 

 

 

 

 

 

Dan O’Connell

 

Executive Officer

 

Executive Vice President & Chief Financial Officer of QVC

 

Retailing of general merchandise through electronic media

 

 

 

 

 

 

 

John Sullivan

 

Executive Officer

 

Executive Vice President & Chief Information Officer of QVC

 

Retailing of general merchandise through electronic media

 

 

 

 

 

 

 

Beth Rubino

 

Executive Officer

 

Senior Vice President of Human Resources of QVC

 

Retailing of general merchandise through electronic media

 



 

3.             Directors and Executive Officers of QK Holdings, Inc.:

 

The name and present principal occupation of each director and executive officer of QK is set forth below.  Unless otherwise noted, the business address for each person listed below is c/o QK Holdings, Inc., Suite 205C, Second Floor, Bancroft Building, 3411 Silverside Rd., Concord Plaza, Wilmington, DE 19810.  All executive officers and directors listed are United States citizens.

 

Name and Business Address
(if applicable)

 

Position

 

Principal Occupation

 

Principal Business in
which such Employment
is Conducted

 

 

 

 

 

 

 

Daniel Feiner

 

Director and Executive Officer

 

President, Secretary and Director of QK

 

Managing a holding company

 

 

 

 

 

 

 

Nicole Maganas

 

Executive Officer

 

Vice President and Treasurer of QK

 

Managing a holding company

 

 

 

 

 

 

 

Kathy Blankley

 

Director and Executive Officer

 

Vice President, Assistant Treasurer and Director of QK

 

Managing a holding company

 

 

 

 

 

 

 

Kristen Motel

 

Executive Officer

 

Vice President of QK

 

Managing a holding company

 

 

 

 

 

 

 

Charles J. Durante

 

Director and Executive Officer

 

Assistant Secretary and Director of QK

 

Managing a holding company

 


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