Filing Details
- Accession Number:
- 0000902664-13-003780
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2013-11-14 21:45:21
- Reporting Period:
- 2012-09-10
- Filing Date:
- 2013-11-14
- Accepted Time:
- 2013-11-14 21:45:21
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
889930 | Overland Storage Inc | OVRL | Computer Storage Devices (3572) | 953535285 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1134119 | Clinton Group Inc | 601 Lexington Av 51St Floor New York NY 10022 | No | No | Yes | No | |
1566939 | E. George Hall | C/O Clinton Group Inc, 601 Lexington Ave 51St Floor New York NY 10022 | No | No | Yes | No | |
1567109 | Clinton Magnolia Master Fund, Ltd. | C/O Clinton Group Inc., 601 Lexington Av 51St Floor New York NY 10022 | Yes | No | Yes | Yes |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock, No Par Value ("Common Stock") | Acquisiton | 2012-09-10 | 41,595 | $1.90 | 2,874,456 | No | 4 | P | Indirect | See Footnote |
Common Stock | Acquisiton | 2012-09-11 | 5,262 | $1.94 | 2,879,718 | No | 4 | P | Indirect | See Footnote |
Common Stock | Acquisiton | 2012-09-14 | 17,500 | $1.93 | 2,897,218 | No | 4 | P | Indirect | See Footnote |
Common Stock | Acquisiton | 2013-11-08 | 769,230 | $1.30 | 3,721,379 | No | 4 | C | Indirect | See Footnote |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Indirect | See Footnote |
No | 4 | P | Indirect | See Footnote |
No | 4 | P | Indirect | See Footnote |
No | 4 | C | Indirect | See Footnote |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Convertible Promissory Notes | Acquisiton | 2013-02-13 | 0 | $0.00 | 769,230 | $1.30 |
Common Stock | Convertible Promissory Notes | Disposition | 2013-11-08 | 0 | $0.00 | 769,230 | $1.30 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
0 | 2013-02-13 | 2017-02-13 | No | 4 | P | Indirect |
0 | 2013-02-13 | 2017-02-13 | No | 4 | C | Indirect |
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 Magnolia Master Fund, Ltd. ("CMAG"). CGI is deemed to be the indirect beneficial owner of such securities by virtue of its position as investment manager of CMAG. George E. Hall is deemed to be the indirect beneficial owner of such securities by virtue of his direct and indirect control of CGI.
- 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.
- Includes an aggregate of 54,928 shares of Common Stock issued to CMAG in payment of accrued interest on the 8% Convertible Promissory Notes of the Issuer. The shares of Common Stock were issued at the option of the Issuer in lieu of the payment of interest in cash in a transaction exempt from Section 16 under Rule 16(a)-9.