0001144969-17-000012.txt : 20170215 0001144969-17-000012.hdr.sgml : 20170215 20170215150300 ACCESSION NUMBER: 0001144969-17-000012 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20170215 DATE AS OF CHANGE: 20170215 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BLUE NILE INC CENTRAL INDEX KEY: 0001091171 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-JEWELRY STORES [5944] IRS NUMBER: 911963165 STATE OF INCORPORATION: DE FISCAL YEAR END: 0101 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-80387 FILM NUMBER: 17614276 BUSINESS ADDRESS: STREET 1: 411 FIRST AVE S STREET 2: STE 700 CITY: SEATTLE STATE: WA ZIP: 98104 BUSINESS PHONE: 2063366700 MAIL ADDRESS: STREET 1: 411 FIRST AVE S STREET 2: STE 700 CITY: SEATTLE STATE: WA ZIP: 98104 FORMER COMPANY: FORMER CONFORMED NAME: INTERNET DIAMONDS INC DATE OF NAME CHANGE: 20000131 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: RUTABAGA CAPITAL MANAGEMENT LLC/MA CENTRAL INDEX KEY: 0001128239 IRS NUMBER: 043451870 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 64 BROAD STREET STREET 2: 3RD FLOOR CITY: BOSTON STATE: MA ZIP: 02109 BUSINESS PHONE: 617-204-1160 MAIL ADDRESS: STREET 1: 64 BROAD STREET STREET 2: 3RD FLOOR CITY: BOSTON STATE: MA ZIP: 02109 SC 13G/A 1 nile13ga2.txt UNITED STATES SECURITIES AND EXCHANGECOMMISSION Washington D.C. 20549 SCHEDULE 13GA Under the Securities Exchange Act 1934 (Amendment No.2) BLUE NILE INC ------------------------ (Name of Issuer) COMMON ------ (Title of Class of Securities) 09578R103 --------- (CUSIP Number) Calendar Year 2016 -------- (Date of Event Which Requires Filing of this Statement) CHECK THE APPROPRIATE BOX TO DESIGNATE THE RULE PURSUANT TO WHICH THIS SCHEDULE IS FILED: [X] RULE 13D-1(b) [ ] RULE 13D-1(c) -------------------------------------------------------- 1. Names of Reporting Persons I.R.S. Identification No. of above person RUTABAGA CAPITAL MANAGEMENT I.R.S. Identification No.: 04-3451870 -------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (a)[ ] (b)[ ] -------------------------------------------------------- 3. SEC Use Only -------------------------------------------------------- 4. Citizenship or Place of Organization Massachusetts -------------------------------------------------------- 5. Sole Voting Power NUMBER OF SHARES 39371 BENEFICIALLY OWNED BY 6. Shared Voting Power EACH REPORTING 11400 PERSON WITH 7. Sole Dispositive Power 50771 8. Shared Dispositive Power 0 -------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 50771 10. Check if the aggregate Amount in Row (9) Excludes Certain Shares [ ] -------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 0.43% -------------------------------------------------------- 12. Type of Reporting Person IA -------------------------------------------------------- Item 1(a). NAME OF ISSUER BLUE NILE INC Item 1(b). ADDRESS OF PRINCIPAL OFFICES 411 FIRST AVE S STE 700 SEATTLE, WASHINGTON 98104 Item 2(a). NAME OF PERSON FILING Rutabaga Capital Management Item 2(b). ADDRESS OF PRINCIPAL OFFICES 64 Broad Street, 3rd Floor, Boston, MA 02109 Item 2(c). Citizenship MASSACHUSETTS Item 2(d). TITLE OF CLASS OF SECURITIES COMMON STOCK Item 2(e). CUSIP NUMBER 09578R103 Item 3. IF THIS STATEMENT IS BEING FILED PURSUANT TO RULE 13d-1(b), or 13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A: (a) [ ] Broker or dealer registered under Section 15 of the Act(15 U.S.C 780); (b) [ ] Bank as defined in Section 3(a)(6) of the Act(15 U.S.C 78c); (c) [ ] insurance company as defined in Section 3(a)(19) of the Act(15 U.S.C 78c); (d) [ ] Investment company registered under Section 8 of the Investment Company Act of 1940(15 U.S.C. 80a-8); (e) [X] An investment adviser in accordance with section 240.13d-1(b)(I)(ii)(E) (f) [ ] An employee benefit plan or endowment fund in accordance with 13d-1(b)(1)(ii)(F); (g) [ ] A parent holding company or control person in accordance with 13d-1(b)(1)(ii)(G); (h) [ ] A savings association as defined in in Section 3(b) of the Federal Deposit Insurance Act(12 U.S.C 1813); (i) [ ] A church plan that is excluded from the definition of an investment company under Section3(c)(14) of the Investment Company Act of 1940(15 U.S.C. 80a-3); (j) [ ] Group, in accordance with 13d-1(b)(1)(ii)(J) If this statement is filed pursuant to 13d-1(c), check this box. [ ] Item 4. OWNERSHIP Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned: 50771 --------- (b) Percent of class: 0.43% ------------------------------- (c) Number of Shares as to which person has: (i) Sole power to vote: 39371 (ii) Shared power to vote or to direct the vote: 11400 (iii) Sole power to dispose or to direct the disposition of: 50771 --------- (iv) Shared power to dispose or to direct the disposition of: 0 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 person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [X] Not Applicable Item 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON. Not Applicable Item 7. IDENTIFIACTION AND CLASSIFICATION OF THE SUBSIDIARY WHICH AQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY. Not Applicable Item 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF A GROUP. Not Applicable Item 9. NOTICE OF DISSOLUTION OF GROUP Not Applicable Item 10. CERTIFICATION By signing below I certify that, to the best of my knowledge and belief, the securities referred above were not acquired or 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 with or as a participant in any transaction having that purpose or effect. 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. Dated: February 15, 2017 Rutabaga Capital Management By: /s/ Dana Cohen ------------------------- Dana Cohen, Principal