0000902664-13-003608.txt : 20131108 0000902664-13-003608.hdr.sgml : 20131108 20131108124803 ACCESSION NUMBER: 0000902664-13-003608 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20131030 FILED AS OF DATE: 20131108 DATE AS OF CHANGE: 20131108 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Hall George E. CENTRAL INDEX KEY: 0001566939 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 000-20243 FILM NUMBER: 131203589 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: Channel Commerce Partners, L.P. CENTRAL INDEX KEY: 0001591437 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 000-20243 FILM NUMBER: 131203590 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 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Clinton Relational Opportunity LLC CENTRAL INDEX KEY: 0001577073 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 000-20243 FILM NUMBER: 131203592 BUSINESS ADDRESS: STREET 1: 601 LEXINGTON AVENUE STREET 2: 51ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-825-0400 MAIL ADDRESS: STREET 1: 601 LEXINGTON AVENUE STREET 2: 51ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Clinton Relational Opportunity Master Fund, L.P. CENTRAL INDEX KEY: 0001567108 STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 000-20243 FILM NUMBER: 131203593 BUSINESS ADDRESS: STREET 1: 9 WEST 57TH STREET, 26TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10019 BUSINESS PHONE: 212-825-0400 MAIL ADDRESS: STREET 1: 9 WEST 57TH STREET, 26TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10019 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Clinton Spotlight Master Fund LP CENTRAL INDEX KEY: 0001577072 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 000-20243 FILM NUMBER: 131203595 BUSINESS ADDRESS: STREET 1: 601 LEXINGTON AVENUE STREET 2: 51ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-825-0400 MAIL ADDRESS: STREET 1: 601 LEXINGTON AVENUE STREET 2: 51ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: CLINTON GROUP INC CENTRAL INDEX KEY: 0001134119 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 000-20243 FILM NUMBER: 131203596 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 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: VALUEVISION MEDIA INC CENTRAL INDEX KEY: 0000870826 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-CATALOG & MAIL-ORDER HOUSES [5961] IRS NUMBER: 411673770 STATE OF INCORPORATION: MN FISCAL YEAR END: 0130 BUSINESS ADDRESS: STREET 1: 6740 SHADY OAK RD CITY: MINNEAPOLIS STATE: MN ZIP: 55344-3433 BUSINESS PHONE: 6129475200 MAIL ADDRESS: STREET 1: 6740 SHADY OAK RAOD CITY: EDEN PRAIRIE STATE: MN ZIP: 55344-3433 FORMER COMPANY: FORMER CONFORMED NAME: VALUEVISION INTERNATIONAL INC DATE OF NAME CHANGE: 19930328 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: GEH Capital Inc. CENTRAL INDEX KEY: 0001584551 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 000-20243 FILM NUMBER: 131203591 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 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: CANNELL CAPITAL LLC CENTRAL INDEX KEY: 0001058854 STATE OF INCORPORATION: WY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 000-20243 FILM NUMBER: 131203588 BUSINESS ADDRESS: STREET 1: 310 E. PEARL STREET, P.O. BOX 3459 CITY: JACKSON STATE: WY ZIP: 83001 BUSINESS PHONE: 4158358300 MAIL ADDRESS: STREET 1: 310 E. PEARL STREET, P.O. BOX 3459 CITY: JACKSON STATE: WY ZIP: 83001 FORMER NAME: FORMER CONFORMED NAME: CANNELL J CARLO DBA CANNELL CAPITAL MGMT DATE OF NAME CHANGE: 19980330 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: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 000-20243 FILM NUMBER: 131203594 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 3 1 p13-1970form3.xml OWNERSHIP DOCUMENT X0206 3 2013-10-30 0 0000870826 VALUEVISION MEDIA INC VVTV 0001134119 CLINTON GROUP INC 601 LEXINGTON AVENUE 51ST FLOOR NEW YORK NY 10022 0 0 1 1 SEE REMARKS 0001577072 Clinton Spotlight Master Fund LP C/O CLINTON GROUP INC., 601 LEXINGTON AV 51ST FLOOR NEW YORK NY 10022 0 0 1 0 0001567109 Clinton Magnolia Master Fund, Ltd. C/O CLINTON GROUP INC., 601 LEXINGTON AV 51ST FLOOR NEW YORK NY 10022 0 0 1 0 0001567108 Clinton Relational Opportunity Master Fund, L.P. C/O CLINTON GROUP INC., 601 LEXINGTON AV 51ST FLOOR NEW YORK NY 10022 0 0 1 0 0001577073 Clinton Relational Opportunity LLC C/O CLINTON GROUP INC., 601 LEXINGTON AV 51ST FLOOR NEW YORK NY 10022 0 0 1 0 0001584551 GEH Capital Inc. C/O CLINTON GROUP INC., 601 LEXINGTON AV 51ST FLOOR NEW YORK NY 10022 0 0 1 0 0001591437 Channel Commerce Partners, L.P. C/O 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 10021 0 0 1 0 0001058854 CANNELL CAPITAL LLC 310 E. PEARL STREET, P.O. BOX 3459 JACKSON WY 83001 0 0 1 0 Common Stock, $0.01 par value ("Common Stock") 3194346 I See footnotes Common Stock 50000 I See footnotes Common Stock 2201333 I See footnotes Call Option (obligation to sell) 5.00 2013-11-16 Common Stock 87100 I See footnotes Put Option (obligation to buy) 5.00 2013-11-16 Common Stock 525500 I See footnotes Call Option (obligation to sell) 5.00 2013-12-21 Common Stock 126700 I See footnotes Put Option (obligation to buy) 5.00 2014-01-18 Common Stock 13000 I See footnotes Call Option (obligation to sell) 5.00 2014-01-18 Common Stock 138000 I See footnotes Call Option (obligation to sell) 5.00 2014-04-19 Common Stock 92000 I See footnotes 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 Spotlight Master Fund, L.P. ("SPOT"), Clinton Magnolia Master Fund, Ltd. ("CMAG"), Clinton Relational Opportunity Master Fund, L.P. ("CREL"), Channel Commerce Partners, L.P. ("CCP") and a portion of a mutual fund portfolio ("CASF"). CGI is deemed to be the indirect beneficial owner of such securities by virtue of its position as investment manager of SPOT, CMAG and CCP, its ownership of Clinton Relational Opportunity, LLC which serves as the investment manager of CREL and a sub-advisory agreement governing CASF. George E. Hall is deemed to be the indirect beneficial owner of such securities by virtue of his direct and indirect control of CGI. The securities reported on this line may be deemed to be indirectly beneficially owned by George E. Hall, which securities are directly held by GEH Capital, Inc ("GEHC"). George E. Hall is deemed to be the indirect beneficial owner of such securities by virtue of his indirect ownership of GEHC. The securities reported on this line may be deemed to be indirectly beneficially owned by Cannell Capital LLC, which securities are held by Tristan Offshore Fund, Ltd., Tristan Partners, L.P., Cuttyhunk II Fund LLC, Tonga Partners, L.P., (the "Cannell Investment Vehicles"), and certain managed accounts (the "Cannell Accounts"). Cannell Capital LLC is deemed to be the indirect beneficial owner of such securities by virtue of its position as investment advisor to the Cannell Investment Vehicles and the Cannell Accounts. 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. Options are exercisable at any time. As described in Item 5 of Amendment No. 1 to the Schedule 13D, filed by CGI on November 4, 2013, the reporting persons may be deemed to be a "group" pursuant to Rule 13d-5(b)(1) promulgated under the1934 Act and as such may be deemed, collectively, to beneficially own 5,445,679 shares of Common Stock, constituting approximately 11.0% of the outstanding shares of Common Stock for purposes of Section 13(d) of the 1934 Act. CLINTON SPOTLIGHT MASTER FUND, L.P., By: Clinton Group, Inc., its investment manager, /s/ Francis Ruchalski.Chief Financial Officer 2013-11-08 CLINTON MAGNOLIA MASTER FUND, LTD., By: Clinton Group, Inc., its investment manager, /s/ Francis Ruchalski, Chief Financial Officer 2013-11-08 CLINTON RELATIONAL OPPORTUNITY MASTER FUND, L.P., By: Clinton Relational Opportunity, LLC, its investment manager, /s/ John Hall, Authorized Signatory 2013-11-08 CLINTON RELATIONAL OPPORTUNITY, LLC, /s/ John Hall, Authorized Signatory 2013-11-08 GEH CAPITAL, INC., /s/ Francis Ruchalski, Comptroller 2013-11-08 CHANNEL COMMERCE PARTNERS, L.P., By: Clinton Group, Inc., its investment manager, /s/ Francis Ruchalski, Chief Financial Officer 2013-11-08 CLINTON GROUP, INC, /s/ Francis Ruchalski,Chief Financial Officer 2013-11-08 GEORGE HALL, /s/ George E. Hall 2013-11-08 CANNELL CAPITAL LLC, /s/ J. Carlo Cannell, Managing Member 2013-11-08