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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 NwjXI4JGmew7mMJqELGOl7OKZgH1YLB9j3/XQOsKfH4kkUE4hihwG50C9U/1SzEg
 1wL2gAWyGFiftyktmQCiJg==

<SEC-DOCUMENT>0001179110-03-004503.txt : 20030730
<SEC-HEADER>0001179110-03-004503.hdr.sgml : 20030730
<ACCEPTANCE-DATETIME>20030730164707
ACCESSION NUMBER:		0001179110-03-004503
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030729
FILED AS OF DATE:		20030730

ISSUER:		

	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

	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

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			LINDSEY JASON C
		CENTRAL INDEX KEY:			0001205659

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-49799
		FILM NUMBER:		03811912

	MAIL ADDRESS:	
		STREET 1:		6322 S 3000 E SUITE 100
		CITY:			SALT LAKE CITY
		STATE:			UT
		ZIP:			84121
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>edgar.xml
<DESCRIPTION>FORM 4 -
<TEXT>
<XML>
<ownershipDocument>
    <schemaVersion>X0201</schemaVersion>

    <documentType>4</documentType>
<periodOfReport>2003-07-29</periodOfReport>
<notSubjectToSection16>0</notSubjectToSection16>
    <issuer>
        <issuerCik>0001130713</issuerCik>
        <issuerName>OVERSTOCK COM INC</issuerName>
        <issuerTradingSymbol>OSTK</issuerTradingSymbol>
</issuer>
<reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001205659</rptOwnerCik>
            <rptOwnerName>LINDSEY JASON C</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>6322 SOUTH 3000 EAST</rptOwnerStreet1>
            <rptOwnerStreet2>SUITE 100</rptOwnerStreet2>
            <rptOwnerCity>SALT LAKE CITY</rptOwnerCity>
            <rptOwnerState>UT</rptOwnerState>
            <rptOwnerZipCode>84121</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
<isDirector>0</isDirector>
<isOfficer>1</isOfficer>
<isTenPercentOwner>0</isTenPercentOwner>
<isOther>0</isOther>
<officerTitle>President and CFO</officerTitle>
<otherText></otherText>
</reportingOwnerRelationship>
</reportingOwner>
<derivativeTable><derivativeTransaction><securityTitle><value>Options</value>
</securityTitle>
<conversionOrExercisePrice><value>13.09</value>
</conversionOrExercisePrice>
<transactionDate><value>2003-07-29</value>
</transactionDate>
<transactionCoding><transactionFormType>4</transactionFormType>
<transactionCode>A</transactionCode>
<equitySwapInvolved>0</equitySwapInvolved>
</transactionCoding>
<transactionAmounts><transactionShares><value>2820</value>
</transactionShares>
<transactionPricePerShare><value>13.09</value>
</transactionPricePerShare>
<transactionAcquiredDisposedCode><value>A</value>
</transactionAcquiredDisposedCode>
</transactionAmounts>
<exerciseDate><value>2004-07-29</value>
<footnoteId id="F1"></footnoteId>
</exerciseDate>
<expirationDate><value>2008-07-28</value>
</expirationDate>
<underlyingSecurity><underlyingSecurityTitle><value>Common stock</value>
</underlyingSecurityTitle>
<underlyingSecurityShares><value>2820</value>
</underlyingSecurityShares>
</underlyingSecurity>
<postTransactionAmounts><sharesOwnedFollowingTransaction><value>180000</value>
<footnoteId id="F2"></footnoteId>
</sharesOwnedFollowingTransaction>
</postTransactionAmounts>
<ownershipNature><directOrIndirectOwnership><value>D</value>
</directOrIndirectOwnership>
</ownershipNature>
</derivativeTransaction>
</derivativeTable>
<footnotes><footnote id="F1">The options vest as to 28% of the shares on the first anniversary of the grant date (i.e. 7/29/2004) and 2% of the shares every month thereafter.</footnote>
<footnote id="F2">Reflects total amount of options held by the reporting person.</footnote>
</footnotes>
<ownerSignature><signatureName>/s/ Jason C. Lindsey</signatureName>
<signatureDate>2003-07-30</signatureDate>
</ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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