0001181431-11-036428.txt : 20110614
0001181431-11-036428.hdr.sgml : 20110614
20110614093631
ACCESSION NUMBER: 0001181431-11-036428
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110613
FILED AS OF DATE: 20110614
DATE AS OF CHANGE: 20110614
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Richardson Kevin A II
CENTRAL INDEX KEY: 0001295313
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-30559
FILM NUMBER: 11909545
MAIL ADDRESS:
STREET 1: 200 HIGH STREET
STREET 2: SUITE 700
CITY: BOSTON
STATE: MA
ZIP: 02110
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: EDIETS COM INC
CENTRAL INDEX KEY: 0001094058
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PERSONAL SERVICES [7200]
IRS NUMBER: 560952883
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1000 CORPORATE DRIVE
STREET 2: SUITE 600
CITY: FORT LAUDERDALE
STATE: FL
ZIP: 33334
BUSINESS PHONE: 954-360-9022
MAIL ADDRESS:
STREET 1: 1000 CORPORATE DRIVE
STREET 2: SUITE 600
CITY: FORT LAUDERDALE
STATE: FL
ZIP: 33334
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Prides Capital Partners, LLC
CENTRAL INDEX KEY: 0001295315
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-30559
FILM NUMBER: 11909546
BUSINESS ADDRESS:
STREET 1: 200 HIGH STREET
STREET 2: SUITE 700
CITY: BOSTON
STATE: MA
ZIP: 02110
BUSINESS PHONE: 617 778 9200
MAIL ADDRESS:
STREET 1: 200 HIGH STREET
STREET 2: SUITE 700
CITY: BOSTON
STATE: MA
ZIP: 02110
4
1
rrd315295.xml
OPEN MARKET PURCHASE 06/13/2011
X0303
4
2011-06-13
0
0001094058
EDIETS COM INC
DIET
0001295315
Prides Capital Partners, LLC
200 STATE STREET
13TH FLOOR
BOSTON
MA
02109
1
0
1
0
0001295313
Richardson Kevin A II
200 STATE STREET
13TH FLOOR
BOSTON
MA
02109
1
0
1
0
Common Stock
4841875
D
Common Stock
37424380
I
See Footnote
Common Stock
1018375
D
Common Stock
2011-06-13
4
P
0
29000
1.25
A
1047375
D
Subscription Rights (right to buy)
.4125
2011-05-13
4
X
0
885454
0
D
2011-04-21
2011-05-13
Common Stock
1000000
0
D
Subscription Rights (right to buy)
.4125
2011-05-13
4
X
0
1616000
0
D
2011-04-21
2011-05-13
Common Stock
242400
0
I
See Footnote
Stock Option (Right to Buy)
0.57
2021-03-15
Common Stock
200000
433685
D
Stock Option (Right to Buy)
3.79
2012-04-02
Common Stock
44626
107126
I
See Footnote
Warrant for the Purchase of Common Stock
.3535
2011-02-07
2014-02-07
Common Stock
969697
1104697
D
Warrant for the Purchase of Common Stock
1.20
2009-11-12
2019-11-12
Common Stock
454568
1209652
I
See Footnote
Pursuant to Rights Offering Registration No. 333-173315.
Owned directly by Kevin A. Richardson, II.
The shares of Common Stock reported herein as indirectly beneficially owned by Prides Capital Partners, L.L.C are owned directly by Prides Capital Fund I, L.P. Because Prides Capital Partners, L.L.C. is the general partner of Prides Capital Fund I, L.P., Prides Capital Partners, L.L.C. may be deemed to be the beneficial owner of shares owned by such entity. Because Kevin A. Richardson, II is the controlling member of Prides Capital Partners, L.L.C., he may be deemed to be the beneficial owner of shares deemed to be beneficially owned by such entity. Each of Prides Capital Partners, L.L.C., Prides Capital Fund I, L.P, and Kevin A. Richardson, II disclaim beneficial ownership of these shares, except to the extent of any pecuniary interest therein.
Exercisable according to the following vesting schedule: 100,000 beginning on May 3, 2011; 50,000 beginning on July 1, 2011 and 50,000 beginning on October 1, 2011.
The options reported herein as indirectly beneficially owned by Prides Capital Partners, L.L.C. are owned directly by Kevin A. Richardson II. Mr. Richardson is deemed to hold the options for the benefit of Prides Capital Fund I, L.P. and may exercise the options solely upon the direction of Prides Capital Fund I, L.P., which is entitled to the shares issued upon exercise. Because Prides Capital Partners, L.L.C. is the general partner of Prides Capital Fund I, L.P., Prides Capital Partners, L.L.C. may be deemed to be the beneficial owner of options owned by such entity. Each of Prides Capital Partners, L.L.C., Prides Capital Fund I, L.P, and Kevin A. Richardson, II disclaim beneficial ownership of these options, except to the extent of any pecuniary interest therein.
The options or warrants reported herein as indirectly beneficially owned by Prides Capital Partners, L.L.C are owned directly by Prides Capital Fund I, L.P. Because Prides Capital Partners, L.L.C. is the general partner of Prides Capital Fund I, L.P., Prides Capital Partners, L.L.C. may be deemed to be the beneficial owner of options and warrants owned by such entity. Because Kevin A. Richardson, II is the controlling member of Prides Capital Partners, L.L.C., he may be deemed to be the beneficial owner of options or warrants deemed to be beneficially owned by such entity. Each of Prides Capital Partners, L.L.C., Prides Capital Fund I, L.P, and Kevin A. Richardson, II disclaim beneficial ownership of these options and warrants, except to the extent of any pecuniary interest therein.
These options are immediately exercisable.
Amount reflects 1-for-5 reverse stock split that was effective 06/01/2011
Kevin A. Richardson, II has been deputized by Prides Capital Partners, L.L.C. to serve on the Issuer's board of directors, and therefore Prides Capital Partners, L.L.C. and each of the other Reporting Persons also is a director of the Issuer for purposes of Section 16 of the Securities Exchange Act of 1934.
Prides Capital Partners, LLC
2011-06-14
Kevin A. Richardson, II
2011-06-14