UNITED STATES |
SECURITIES AND EXCHANGE |
Washington, D.C. 20549 |
SCHEDULE 13D |
Circuit City Stores, Inc.
(Name of Issuer)
Common Stock, $0.50 par value
(Title of Class of Securities)
172737108
(CUSIP Number)
Mark J. Wattles
321 W. 84th Avenue, Suite A
Thornton, CO 80260
303-801-4003
(Name, Address and
Telephone Number of Person
Authorized to Receive Notices and Communications)
January 9, 2008
(Date of Event which
Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), Rule 13d-1(f) or Rule 13d-1(g), check the following box. o
Note: Schedules filed in paper format shall include a signed original and five copies of this schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent.
*The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
CUSIP No. 172737108 |
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1. |
Names of Reporting Persons. I.R.S. Identification
Nos. of above persons (entities only) |
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2. |
Check the Appropriate Box if a Member of a Group (See Instructions) |
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(a) |
o |
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(b) |
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3. |
SEC Use Only |
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4. |
Source of Funds (See
Instructions) |
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5. |
Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) o |
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6. |
Citizenship or Place of Organization |
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Number of |
7. |
Sole Voting Power |
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8. |
Shared Voting Power |
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9. |
Sole Dispositive Power |
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10. |
Shared Dispositive Power |
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11. |
Aggregate Amount
Beneficially Owned by Each Reporting Person |
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12. |
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o |
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13. |
Percent of Class
Represented by Amount in Row (11) |
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14. |
Type of Reporting Person
(See Instructions) |
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CUSIP No. 172737108 |
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1. |
Names of Reporting Persons. I.R.S. Identification
Nos. of above persons (entities only) |
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2. |
Check the Appropriate Box if a Member of a Group (See Instructions) |
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(a) |
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(b) |
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3. |
SEC Use Only |
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4. |
Source of Funds (See
Instructions) |
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5. |
Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) o |
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6. |
Citizenship or Place of Organization |
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Number of |
7. |
Sole Voting Power |
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8. |
Shared Voting Power |
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9. |
Sole Dispositive Power |
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10. |
Shared Dispositive Power |
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11. |
Aggregate Amount
Beneficially Owned by Each Reporting Person |
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12. |
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o |
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13. |
Percent of Class
Represented by Amount in Row (11) |
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14. |
Type of Reporting Person
(See Instructions) |
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CUSIP No. 172737108 |
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1. |
Names of Reporting Persons. I.R.S. Identification
Nos. of above persons (entities only) |
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2. |
Check the Appropriate Box if a Member of a Group (See Instructions) |
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(a) |
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(b) |
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3. |
SEC Use Only |
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4. |
Source of Funds (See
Instructions) |
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5. |
Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) o |
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6. |
Citizenship or Place of Organization |
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Number of |
7. |
Sole Voting Power |
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8. |
Shared Voting Power |
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9. |
Sole Dispositive Power |
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10. |
Shared Dispositive Power |
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11. |
Aggregate Amount
Beneficially Owned by Each Reporting Person |
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12. |
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) o |
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13. |
Percent of Class
Represented by Amount in Row (11) |
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14. |
Type of Reporting Person
(See Instructions) |
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(b) The business address of Mr. Wattles is 321 W. 84th Avenue, Suite A, Thornton, CO 80260, 303-801-4003. The business address of WCM and the Trust is 7945 W. Sahara Ave., Suite 205, Las Vegas, NV 89117.
(d) During the last five years, neither Mr. Wattles (individually or as trustee of the Trust) nor WCM has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).
(e) During the last five years, neither Mr. Wattles (individually or as trustee of the Trust) nor WCM has been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction making him or it subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.
(f) Mr. Wattles is a citizen of the United States of America.
WCM acquired the shares of Common Stock described in this Schedule (the Shares) in a margin account pursuant to a standard brokerage agreement. The Trust acquired the Shares with cash on hand.
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Item 4. Purpose of Transaction.
The Reporting Persons acquired the Shares for investment purposes. Prior to the acquisition of the Shares, the Reporting Persons met with management of the Issuer and have had discussions with shareholders of the Issuer. The Reporting Persons intend to continually evaluate and review the Issuers business affairs, financial position, future prospects and management, as well as conditions in the securities markets (including but not limited to the price of and market for the Shares) and general economic and industry conditions. Based on such evaluation and review and other factors, the Reporting Persons will continue to consider various alternative courses of action and will in the future take such actions with respect to their investment in the Issuer as they deem appropriate in light of the circumstances existing from time to time. Such actions may include, among other things: (i) communicating with shareholders of the Issuer or other persons who may desire to become shareholders of the Issuer, regarding matters including the composition of the Issuers board of directors and management; (ii) soliciting proxies or consents, to be used at either the Issuers regular annual meeting of shareholders, or at a special meeting of shareholders, or otherwise, with respect to the matters described in clause (i) above, including possibly the election of one or more nominees of the Reporting Persons and/or other shareholders to the board of directors of the Issuer, and other matters related thereto; (iii) communicating with management and members of the board of directors; (iv) seeking to cause the Issuer to merge with or into, consolidate with, transfer all or substantially all of its assets to, or otherwise engage in any business combination with, one or more other parties; (v) seeking alone or with others to acquire control of the Issuer through a merger, proxy solicitation, tender offer, exchange offer or otherwise; (vi) acquiring additional shares of Common Stock; (vii) disposing of any or all of the shares of Common Stock held by the Reporting Persons; and/or (viii) taking such other actions with respect to the Issuer as the Reporting Persons may from time to time determine.
(a)-(b) As of January 22, 2008, WCM and the Trust owned 10,000,000 Shares and 1,000,000 Shares, respectively, of Common Stock. According to the Issuers Quarterly Report on Form 10-Q for the quarter ended November 30, 2007, there were 168,366,176 shares of Common Stock issued and outstanding as of December 31, 2007. Because Mr. Wattles owns all of the membership interests of WCM and serves as sole trustee of the Trust, he may be deemed to have sole voting and dispositive power over, and indirect beneficial ownership of, approximately 6.5% of such issued and outstanding Common Stock.
(c) During the last 60 days, none of the Reporting Persons has bought, sold or otherwise received shares of Common Stock except in the transactions described in Schedule I attached hereto, which is incorporated herein by reference.
(d) No person other than the Reporting Persons is known to have the right to receive, or the power to direct the receipt of, dividends from or proceeds from the sale of the Shares.
(e) Not applicable.
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Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.
The Reporting Persons do not have any contracts, arrangements, understandings or relationships (legal or otherwise) with any person with respect of any securities of the Issuer, including but not limited to, transfer or voting of any of the securities of the Issuer, finders fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, division of profits or loss, or the giving or withholding of proxies, or a pledge or contingency the occurrence of which would give another person voting or investment power over securities of the Issuer.
Exhibit 1 Joint Filing Agreement, dated as of January 22, 2008, by and among Wattles Capital Management, LLC, the HKW Trust and Mark J. Wattles.
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SIGNATURE
After reasonable inquiry and to the best knowledge and belief of the undersigned, the undersigned certify that the information set forth in this statement is true, complete and correct.
January 22, 2008
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WATTLES CAPITAL MANAGEMENT, LLC |
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By: |
/s/ Mark J. Wattles |
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Name: |
Mark J. Wattles |
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Title: |
President |
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HKW TRUST |
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By: |
/s/ Mark J. Wattles |
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Name: |
Mark J. Wattles |
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Title: |
Trustee |
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/s/ Mark J. Wattles |
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Mark J. Wattles |
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8
SCHEDULE I
All of the following transactions were purchases or sales of Common Stock effected in the open market.
As of January 22, 2008, WCM owned 10,000,000 shares of Common Stock. The following transactions were effected by WCM during the sixty days preceding January 22, 2008:
WCM TRANSACTIONS |
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Date |
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Number of Shares |
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Price Per Share |
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Sales: |
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12/4/2007 |
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56,653 |
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6.45 |
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12/4/2007 |
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22,600 |
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6.48 |
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12/4/2007 |
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5,747 |
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6.49 |
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12/4/2007 |
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15,000 |
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6.5 |
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12/4/2007 |
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3,500 |
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6.58 |
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12/4/2007 |
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900 |
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6.585 |
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12/4/2007 |
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39,900 |
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6.59 |
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12/4/2007 |
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300 |
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6.595 |
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12/4/2007 |
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433,506 |
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6.6 |
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12/4/2007 |
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21,894 |
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6.61 |
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12/5/2007 |
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4020 |
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6.71 |
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12/5/2007 |
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11205 |
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6.72 |
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12/5/2007 |
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175 |
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6.7275 |
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12/5/2007 |
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9300 |
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6.73 |
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12/5/2007 |
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700 |
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6.74 |
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12/5/2007 |
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5800 |
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6.75 |
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12/5/2007 |
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20200 |
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6.76 |
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12/5/2007 |
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35600 |
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6.77 |
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12/5/2007 |
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13000 |
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6.78 |
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12/5/2007 |
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1600 |
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6.8 |
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12/5/2007 |
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34200 |
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6.81 |
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12/5/2007 |
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3000 |
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6.82 |
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12/5/2007 |
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33600 |
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6.83 |
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12/5/2007 |
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11000 |
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6.84 |
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12/5/2007 |
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13300 |
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6.85 |
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12/5/2007 |
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2200 |
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6.86 |
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12/5/2007 |
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1100 |
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6.87 |
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12/5/2007 |
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9300 |
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6.89 |
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12/5/2007 |
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500 |
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6.895 |
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12/5/2007 |
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20800 |
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6.9 |
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12/5/2007 |
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200 |
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6.905 |
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12/5/2007 |
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18499 |
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6.91 |
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12/5/2007 |
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11500 |
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6.92 |
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12/5/2007 |
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5300 |
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6.93 |
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12/5/2007 |
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3900 |
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6.94 |
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12/5/2007 |
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9400 |
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6.95 |
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12/5/2007 |
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1000 |
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6.955 |
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12/5/2007 |
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22401 |
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6.96 |
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12/5/2007 |
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2700 |
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6.97 |
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12/5/2007 |
|
13900 |
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6.98 |
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12/5/2007 |
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5600 |
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6.99 |
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12/5/2007 |
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37300 |
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7.05 |
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12/5/2007 |
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27600 |
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7.06 |
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12/5/2007 |
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9300 |
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7.07 |
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12/5/2007 |
|
800 |
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7.08 |
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12/18/2007 |
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6.4 |
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23850 |
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12/18/2007 |
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6.41 |
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7950 |
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12/18/2007 |
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6.42 |
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189150 |
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12/18/2007 |
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6.43 |
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29050 |
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12/18/2007 |
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6.6 |
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9900 |
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12/18/2007 |
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6.61 |
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10700 |
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12/18/2007 |
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6.62 |
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4700 |
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12/18/2007 |
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6.63 |
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18609 |
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12/18/2007 |
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6.64 |
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23190 |
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12/18/2007 |
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6.65 |
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3000 |
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12/18/2007 |
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6.66 |
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13100 |
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12/18/2007 |
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6.67 |
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29300 |
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12/18/2007 |
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6.68 |
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7600 |
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12/18/2007 |
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6.69 |
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34100 |
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12/18/2007 |
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6.7 |
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1500 |
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12/18/2007 |
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6.71 |
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29700 |
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12/18/2007 |
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6.72 |
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64301 |
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12/18/2007 |
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6.725 |
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300 |
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9
WCM TRANSACTIONS |
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Date |
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Number of Shares |
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Price Per Share |
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12/19/2007 |
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6.6 |
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39985 |
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12/19/2007 |
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6.61 |
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8600 |
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12/19/2007 |
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6.62 |
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16000 |
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12/19/2007 |
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6.63 |
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16316 |
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12/19/2007 |
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6.64 |
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16200 |
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12/19/2007 |
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6.65 |
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158584 |
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12/19/2007 |
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6.66 |
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57800 |
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12/19/2007 |
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6.67 |
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36415 |
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12/19/2007 |
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6.68 |
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49500 |
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12/19/2007 |
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6.685 |
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500 |
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12/19/2007 |
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6.69 |
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100 |
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12/19/2007 |
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6.75 |
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80900 |
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12/19/2007 |
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6.755 |
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100 |
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12/19/2007 |
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6.76 |
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13800 |
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12/19/2007 |
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6.77 |
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5000 |
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12/19/2007 |
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6.78 |
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100 |
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12/19/2007 |
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6.79 |
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100 |
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Purchases: |
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11/26/2007 |
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1,800 |
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5.94 |
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11/26/2007 |
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300 |
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5.965 |
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11/26/2007 |
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14,400 |
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5.97 |
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11/26/2007 |
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10,200 |
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5.98 |
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11/26/2007 |
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18,100 |
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5.99 |
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11/26/2007 |
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300 |
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5.995 |
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11/26/2007 |
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204,900 |
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6 |
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11/26/2007 |
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60,700 |
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6.01 |
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11/26/2007 |
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53,400 |
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6.02 |
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11/26/2007 |
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185,900 |
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6.03 |
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11/26/2007 |
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200,000 |
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6.05 |
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11/26/2007 |
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4,919 |
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6.15 |
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11/26/2007 |
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10,700 |
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6.17 |
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11/26/2007 |
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57,200 |
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6.18 |
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11/26/2007 |
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29,700 |
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6.19 |
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11/26/2007 |
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16,859 |
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6.2 |
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11/26/2007 |
|
17,341 |
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6.21 |
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11/26/2007 |
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44,900 |
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6.22 |
|
11/26/2007 |
|
400 |
|
6.2225 |
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11/26/2007 |
|
105,475 |
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6.23 |
|
11/26/2007 |
|
170,306 |
|
6.24 |
|
11/26/2007 |
|
292,200 |
|
6.25 |
|
11/26/2007 |
|
15,400 |
|
6.38 |
|
11/26/2007 |
|
231,300 |
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6.4 |
|
11/26/2007 |
|
900 |
|
6.44 |
|
11/26/2007 |
|
900 |
|
6.47 |
|
11/26/2007 |
|
1,500 |
|
6.48 |
|
11/26/2007 |
|
3,131 |
|
6.74 |
|
11/26/2007 |
|
8,200 |
|
6.75 |
|
11/26/2007 |
|
4,600 |
|
6.76 |
|
11/26/2007 |
|
4,600 |
|
6.77 |
|
11/26/2007 |
|
2,869 |
|
6.78 |
|
11/26/2007 |
|
64,700 |
|
6.79 |
|
11/26/2007 |
|
3,200 |
|
6.8 |
|
11/26/2007 |
|
4,800 |
|
6.81 |
|
11/26/2007 |
|
5,800 |
|
6.82 |
|
11/26/2007 |
|
9,600 |
|
6.83 |
|
11/26/2007 |
|
500 |
|
6.835 |
|
11/26/2007 |
|
1,800 |
|
6.84 |
|
11/26/2007 |
|
300 |
|
6.85 |
|
11/26/2007 |
|
6,000 |
|
6.87 |
|
11/26/2007 |
|
7,400 |
|
6.88 |
|
11/26/2007 |
|
200 |
|
6.885 |
|
11/26/2007 |
|
1,100 |
|
6.89 |
|
11/26/2007 |
|
3,900 |
|
6.9 |
|
11/26/2007 |
|
300 |
|
6.91 |
|
11/26/2007 |
|
4,900 |
|
6.99 |
|
11/26/2007 |
|
5,000 |
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6.995 |
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11/26/2007 |
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107,100 |
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7 |
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10
WCM TRANSACTIONS |
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Date |
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Number of Shares |
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Price Per Share |
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01/02/2008 |
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20,300 |
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4.03 |
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01/02/2008 |
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60,100 |
|
4.04 |
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01/02/2008 |
|
700 |
|
4.045 |
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01/02/2008 |
|
312,600 |
|
4.05 |
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01/02/2008 |
|
10,500 |
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4.06 |
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01/02/2008 |
|
100 |
|
4.065 |
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01/02/2008 |
|
33,000 |
|
4.07 |
|
01/02/2008 |
|
400 |
|
4.075 |
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01/02/2008 |
|
38,800 |
|
4.08 |
|
01/02/2008 |
|
12,400 |
|
4.09 |
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01/02/2008 |
|
400 |
|
4.095 |
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01/02/2008 |
|
111,008 |
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4.1 |
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01/02/2008 |
|
136,592 |
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4.11 |
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01/02/2008 |
|
1,100 |
|
4.115 |
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01/02/2008 |
|
54,100 |
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4.12 |
|
01/02/2008 |
|
2,100 |
|
4.125 |
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01/02/2008 |
|
101,400 |
|
4.13 |
|
01/02/2008 |
|
1,300 |
|
4.135 |
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01/02/2008 |
|
47,400 |
|
4.14 |
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01/02/2008 |
|
155,700 |
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4.15 |
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01/03/2008 |
|
1,400 |
|
3.84 |
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01/03/2008 |
|
988,800 |
|
3.85 |
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01/03/2008 |
|
1,100 |
|
3.855 |
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01/03/2008 |
|
117,800 |
|
3.86 |
|
01/03/2008 |
|
3,100 |
|
3.865 |
|
01/03/2008 |
|
86,600 |
|
3.87 |
|
01/03/2008 |
|
168,411 |
|
3.88 |
|
01/03/2008 |
|
136,397 |
|
3.89 |
|
01/03/2008 |
|
238,392 |
|
3.9 |
|
01/03/2008 |
|
1,000 |
|
3.905 |
|
01/03/2008 |
|
30,900 |
|
3.91 |
|
01/03/2008 |
|
19,000 |
|
3.92 |
|
01/03/2008 |
|
15,000 |
|
3.93 |
|
01/03/2008 |
|
28,400 |
|
3.94 |
|
01/03/2008 |
|
5,300 |
|
3.95 |
|
11
WCM TRANSACTIONS |
|
||||
Date |
|
Number of Shares |
|
Price Per Share |
|
01/03/2008 |
|
11,200 |
|
3.96 |
|
01/03/2008 |
|
73,900 |
|
3.97 |
|
01/03/2008 |
|
58,199 |
|
3.98 |
|
01/03/2008 |
|
73,101 |
|
3.99 |
|
01/03/2008 |
|
24,500 |
|
4 |
|
01/03/2008 |
|
21,800 |
|
4.01 |
|
01/03/2008 |
|
200 |
|
4.015 |
|
01/03/2008 |
|
19,200 |
|
4.02 |
|
01/03/2008 |
|
31,300 |
|
4.03 |
|
01/03/2008 |
|
200 |
|
4.035 |
|
01/03/2008 |
|
26,700 |
|
4.04 |
|
01/03/2008 |
|
91,800 |
|
4.05 |
|
01/03/2008 |
|
35,000 |
|
4.06 |
|
01/03/2008 |
|
400 |
|
4.065 |
|
01/03/2008 |
|
48,900 |
|
4.07 |
|
01/03/2008 |
|
39,800 |
|
4.08 |
|
01/03/2008 |
|
46,300 |
|
4.09 |
|
01/03/2008 |
|
32,300 |
|
4.1 |
|
01/03/2008 |
|
21,493 |
|
4.11 |
|
01/03/2008 |
|
32,324 |
|
4.12 |
|
01/03/2008 |
|
27,183 |
|
4.13 |
|
01/03/2008 |
|
7,400 |
|
4.14 |
|
01/03/2008 |
|
2,500 |
|
4.15 |
|
01/03/2008 |
|
200 |
|
4.16 |
|
01/03/2008 |
|
32,500 |
|
4.18 |
|
01/04/2008 |
|
3,300 |
|
3.61 |
|
01/04/2008 |
|
23,600 |
|
3.62 |
|
01/04/2008 |
|
59,600 |
|
3.63 |
|
01/04/2008 |
|
7,700 |
|
3.64 |
|
01/04/2008 |
|
800 |
|
3.65 |
|
01/04/2008 |
|
23,100 |
|
3.66 |
|
01/04/2008 |
|
13,800 |
|
3.67 |
|
01/04/2008 |
|
14,900 |
|
3.68 |
|
01/04/2008 |
|
45,800 |
|
3.69 |
|
01/04/2008 |
|
600 |
|
3.695 |
|
01/04/2008 |
|
126,200 |
|
3.7 |
|
01/04/2008 |
|
102,600 |
|
3.71 |
|
01/04/2008 |
|
41,400 |
|
3.72 |
|
01/04/2008 |
|
13,900 |
|
3.73 |
|
01/04/2008 |
|
10,245 |
|
3.74 |
|
01/04/2008 |
|
33,355 |
|
3.75 |
|
12
WCM TRANSACTIONS |
|
||||
Date |
|
Number of Shares |
|
Price Per Share |
|
01/04/2008 |
|
23,300 |
|
3.76 |
|
01/04/2008 |
|
24,600 |
|
3.77 |
|
01/04/2008 |
|
79,500 |
|
3.78 |
|
01/04/2008 |
|
86,600 |
|
3.79 |
|
01/04/2008 |
|
67,900 |
|
3.8 |
|
01/04/2008 |
|
100 |
|
3.8076 |
|
01/04/2008 |
|
56,700 |
|
3.81 |
|
01/04/2008 |
|
100 |
|
3.811 |
|
01/04/2008 |
|
100 |
|
3.8119 |
|
01/04/2008 |
|
62,000 |
|
3.82 |
|
01/04/2008 |
|
28,200 |
|
3.83 |
|
01/04/2008 |
|
33,100 |
|
3.84 |
|
01/04/2008 |
|
100 |
|
3.8407 |
|
01/04/2008 |
|
45,940 |
|
3.85 |
|
01/04/2008 |
|
36,400 |
|
3.86 |
|
01/04/2008 |
|
100 |
|
3.8614 |
|
01/04/2008 |
|
1,100 |
|
3.865 |
|
01/04/2008 |
|
9,660 |
|
3.87 |
|
01/04/2008 |
|
3,900 |
|
3.88 |
|
01/04/2008 |
|
4,300 |
|
3.89 |
|
01/04/2008 |
|
43,500 |
|
3.9 |
|
01/04/2008 |
|
87,900 |
|
3.91 |
|
01/04/2008 |
|
60,400 |
|
3.92 |
|
01/04/2008 |
|
3,100 |
|
3.93 |
|
01/04/2008 |
|
20,500 |
|
3.94 |
|
01/07/2008 |
|
800 |
|
3.82 |
|
01/07/2008 |
|
1,200 |
|
3.83 |
|
01/07/2008 |
|
4,500 |
|
3.84 |
|
01/07/2008 |
|
3,800 |
|
3.85 |
|
01/07/2008 |
|
5,800 |
|
3.86 |
|
01/07/2008 |
|
13,900 |
|
3.87 |
|
01/07/2008 |
|
12,000 |
|
3.88 |
|
01/07/2008 |
|
7,700 |
|
3.89 |
|
01/07/2008 |
|
100 |
|
3.895 |
|
01/07/2008 |
|
57,100 |
|
3.9 |
|
01/07/2008 |
|
500 |
|
3.905 |
|
01/07/2008 |
|
15,700 |
|
3.91 |
|
01/07/2008 |
|
200 |
|
3.915 |
|
01/07/2008 |
|
31,700 |
|
3.92 |
|
01/07/2008 |
|
2,200 |
|
3.93 |
|
01/07/2008 |
|
6,100 |
|
3.94 |
|
13
WCM TRANSACTIONS |
|
||||
Date |
|
Number of Shares |
|
Price Per Share |
|
01/07/2008 |
|
20,100 |
|
3.95 |
|
01/07/2008 |
|
600 |
|
3.955 |
|
01/07/2008 |
|
1,000 |
|
3.9575 |
|
01/07/2008 |
|
29,100 |
|
3.96 |
|
01/07/2008 |
|
20,500 |
|
3.97 |
|
01/07/2008 |
|
600 |
|
3.975 |
|
01/07/2008 |
|
1,300 |
|
3.9775 |
|
01/07/2008 |
|
37,209 |
|
3.98 |
|
01/07/2008 |
|
23,600 |
|
3.99 |
|
01/07/2008 |
|
100 |
|
3.9975 |
|
01/07/2008 |
|
42,541 |
|
4 |
|
01/07/2008 |
|
200 |
|
4.005 |
|
01/07/2008 |
|
103,750 |
|
4.01 |
|
01/07/2008 |
|
600 |
|
4.015 |
|
01/07/2008 |
|
53,000 |
|
4.02 |
|
01/07/2008 |
|
55,000 |
|
4.03 |
|
01/07/2008 |
|
100 |
|
4.0325 |
|
01/07/2008 |
|
62,900 |
|
4.04 |
|
01/07/2008 |
|
200 |
|
4.045 |
|
01/07/2008 |
|
10,400 |
|
4.05 |
|
01/07/2008 |
|
500 |
|
4.055 |
|
01/07/2008 |
|
48,000 |
|
4.06 |
|
01/07/2008 |
|
38,400 |
|
4.07 |
|
01/07/2008 |
|
1,000 |
|
4.0775 |
|
01/07/2008 |
|
65,200 |
|
4.08 |
|
01/07/2008 |
|
109,000 |
|
4.09 |
|
01/07/2008 |
|
61,400 |
|
4.1 |
|
01/07/2008 |
|
81,900 |
|
4.11 |
|
01/07/2008 |
|
300 |
|
4.1175 |
|
01/07/2008 |
|
30,000 |
|
4.12 |
|
01/07/2008 |
|
10,435 |
|
4.14 |
|
01/07/2008 |
|
35,665 |
|
4.15 |
|
01/07/2008 |
|
36,600 |
|
4.16 |
|
01/07/2008 |
|
5,500 |
|
4.17 |
|
01/08/2008 |
|
2,700 |
|
3.88 |
|
01/08/2008 |
|
600 |
|
3.885 |
|
01/08/2008 |
|
5,400 |
|
3.89 |
|
01/08/2008 |
|
23,500 |
|
3.9 |
|
01/08/2008 |
|
400 |
|
3.905 |
|
01/08/2008 |
|
5,700 |
|
3.91 |
|
01/08/2008 |
|
3,900 |
|
3.92 |
|
14
WCM TRANSACTIONS |
|
||||
Date |
|
Number of Shares |
|
Price Per Share |
|
01/08/2008 |
|
3,800 |
|
3.93 |
|
01/08/2008 |
|
2,100 |
|
3.94 |
|
01/08/2008 |
|
3,500 |
|
3.95 |
|
01/08/2008 |
|
7,700 |
|
3.96 |
|
01/08/2008 |
|
100 |
|
3.97 |
|
01/08/2008 |
|
6,500 |
|
3.98 |
|
01/08/2008 |
|
2,500 |
|
3.99 |
|
01/08/2008 |
|
800 |
|
3.995 |
|
01/08/2008 |
|
17,500 |
|
4 |
|
01/08/2008 |
|
700 |
|
4.0075 |
|
01/08/2008 |
|
14,400 |
|
4.01 |
|
01/08/2008 |
|
7,800 |
|
4.02 |
|
01/08/2008 |
|
200 |
|
4.04 |
|
01/08/2008 |
|
500 |
|
4.05 |
|
01/08/2008 |
|
800 |
|
4.06 |
|
01/08/2008 |
|
1,500 |
|
4.07 |
|
01/08/2008 |
|
3,000 |
|
4.08 |
|
01/08/2008 |
|
100 |
|
4.09 |
|
01/08/2008 |
|
2,100 |
|
4.1 |
|
01/08/2008 |
|
2,700 |
|
4.11 |
|
01/08/2008 |
|
7,900 |
|
4.12 |
|
01/08/2008 |
|
6,700 |
|
4.13 |
|
01/08/2008 |
|
6,200 |
|
4.14 |
|
01/08/2008 |
|
1,700 |
|
4.15 |
|
01/08/2008 |
|
6,500 |
|
4.16 |
|
01/08/2008 |
|
1,300 |
|
4.165 |
|
01/08/2008 |
|
8,400 |
|
4.17 |
|
01/08/2008 |
|
1,200 |
|
4.175 |
|
01/08/2008 |
|
15,800 |
|
4.18 |
|
01/08/2008 |
|
35,700 |
|
4.19 |
|
01/08/2008 |
|
40,252 |
|
4.2 |
|
01/08/2008 |
|
44,000 |
|
4.21 |
|
01/08/2008 |
|
21,400 |
|
4.22 |
|
01/08/2008 |
|
1,300 |
|
4.225 |
|
01/08/2008 |
|
27,048 |
|
4.23 |
|
01/08/2008 |
|
21,100 |
|
4.24 |
|
01/08/2008 |
|
20,200 |
|
4.25 |
|
01/08/2008 |
|
39,300 |
|
4.26 |
|
01/08/2008 |
|
50,899 |
|
4.27 |
|
01/08/2008 |
|
69,751 |
|
4.28 |
|
01/08/2008 |
|
88,630 |
|
4.29 |
|
15
WCM TRANSACTIONS |
|
||||
Date |
|
Number of Shares |
|
Price Per Share |
|
01/08/2008 |
|
70,020 |
|
4.3 |
|
01/08/2008 |
|
22,900 |
|
4.31 |
|
01/08/2008 |
|
200 |
|
4.3125 |
|
01/08/2008 |
|
100 |
|
4.315 |
|
01/08/2008 |
|
85,100 |
|
4.32 |
|
01/08/2008 |
|
700 |
|
4.3225 |
|
01/08/2008 |
|
116,600 |
|
4.33 |
|
01/08/2008 |
|
600 |
|
4.335 |
|
01/08/2008 |
|
110,325 |
|
4.34 |
|
01/08/2008 |
|
200 |
|
4.3425 |
|
01/08/2008 |
|
500 |
|
4.345 |
|
01/08/2008 |
|
166,100 |
|
4.35 |
|
01/08/2008 |
|
4,900 |
|
4.3525 |
|
01/08/2008 |
|
308,587 |
|
4.36 |
|
01/08/2008 |
|
1,400 |
|
4.365 |
|
01/08/2008 |
|
127,113 |
|
4.37 |
|
01/08/2008 |
|
3,900 |
|
4.375 |
|
01/08/2008 |
|
172,500 |
|
4.38 |
|
01/08/2008 |
|
1,400 |
|
4.385 |
|
01/08/2008 |
|
183,774 |
|
4.39 |
|
01/08/2008 |
|
100 |
|
4.3925 |
|
01/08/2008 |
|
700 |
|
4.395 |
|
01/08/2008 |
|
142,801 |
|
4.4 |
|
01/08/2008 |
|
100 |
|
4.405 |
|
01/08/2008 |
|
56,000 |
|
4.41 |
|
01/08/2008 |
|
29,300 |
|
4.42 |
|
01/08/2008 |
|
6,200 |
|
4.43 |
|
01/08/2008 |
|
2,100 |
|
4.44 |
|
01/09/2008 |
|
187,500 |
|
4 |
|
01/09/2008 |
|
69,375 |
|
4.05 |
|
01/09/2008 |
|
225 |
|
4.0525 |
|
01/09/2008 |
|
450 |
|
4.055 |
|
01/09/2008 |
|
11,775 |
|
4.06 |
|
01/09/2008 |
|
7,950 |
|
4.07 |
|
01/09/2008 |
|
1,275 |
|
4.075 |
|
01/09/2008 |
|
12,075 |
|
4.08 |
|
01/09/2008 |
|
75 |
|
4.09 |
|
01/09/2008 |
|
1,425 |
|
4.1 |
|
01/09/2008 |
|
5,250 |
|
4.11 |
|
01/09/2008 |
|
75 |
|
4.115 |
|
01/09/2008 |
|
14,775 |
|
4.12 |
|
16
WCM TRANSACTIONS |
|
||||
Date |
|
Number of Shares |
|
Price Per Share |
|
01/09/2008 |
|
1,800 |
|
4.125 |
|
01/09/2008 |
|
36,450 |
|
4.13 |
|
01/09/2008 |
|
900 |
|
4.135 |
|
01/09/2008 |
|
45,600 |
|
4.14 |
|
01/09/2008 |
|
2,175 |
|
4.145 |
|
01/09/2008 |
|
86,175 |
|
4.15 |
|
01/09/2008 |
|
450 |
|
4.155 |
|
01/09/2008 |
|
7,425 |
|
4.16 |
|
01/09/2008 |
|
450 |
|
4.165 |
|
01/09/2008 |
|
35,250 |
|
4.17 |
|
01/09/2008 |
|
1,800 |
|
4.175 |
|
01/09/2008 |
|
124,425 |
|
4.18 |
|
01/09/2008 |
|
1,500 |
|
4.185 |
|
01/09/2008 |
|
18,975 |
|
4.19 |
|
01/09/2008 |
|
19,050 |
|
4.2 |
|
01/09/2008 |
|
13,800 |
|
4.21 |
|
01/09/2008 |
|
3,975 |
|
4.22 |
|
01/09/2008 |
|
3,075 |
|
4.23 |
|
01/09/2008 |
|
5,925 |
|
4.24 |
|
01/09/2008 |
|
3,150 |
|
4.25 |
|
01/09/2008 |
|
2,100 |
|
4.26 |
|
01/09/2008 |
|
525 |
|
4.265 |
|
01/09/2008 |
|
9,225 |
|
4.27 |
|
01/09/2008 |
|
225 |
|
4.275 |
|
01/09/2008 |
|
9,188 |
|
4.28 |
|
01/09/2008 |
|
4,162 |
|
4.29 |
|
01/10/2008 |
|
150 |
|
3.9125 |
|
01/10/2008 |
|
5,550 |
|
3.92 |
|
01/10/2008 |
|
25,688 |
|
3.93 |
|
01/10/2008 |
|
24,900 |
|
3.94 |
|
01/10/2008 |
|
375 |
|
3.945 |
|
01/10/2008 |
|
37,238 |
|
3.95 |
|
01/10/2008 |
|
11,700 |
|
3.96 |
|
01/10/2008 |
|
19,050 |
|
3.97 |
|
01/10/2008 |
|
150 |
|
3.975 |
|
01/10/2008 |
|
54,975 |
|
3.98 |
|
01/10/2008 |
|
23,100 |
|
3.99 |
|
01/10/2008 |
|
22,125 |
|
4 |
|
01/11/2008 |
|
18,750 |
|
4.1 |
|
01/14/2008 |
|
850 |
|
3.9725 |
|
01/14/2008 |
|
400 |
|
3.975 |
|
17
WCM TRANSACTIONS |
|
||||
Date |
|
Number of Shares |
|
Price Per Share |
|
01/14/2008 |
|
65,800 |
|
3.98 |
|
01/14/2008 |
|
750 |
|
3.985 |
|
01/14/2008 |
|
3,608 |
|
3.9875 |
|
01/14/2008 |
|
50,388 |
|
3.99 |
|
01/14/2008 |
|
2,800 |
|
3.995 |
|
01/14/2008 |
|
7,800 |
|
3.9975 |
|
01/14/2008 |
|
142,756 |
|
4 |
|
01/14/2008 |
|
50 |
|
4.0025 |
|
01/14/2008 |
|
950 |
|
4.005 |
|
01/14/2008 |
|
14,850 |
|
4.0075 |
|
01/14/2008 |
|
44,636 |
|
4.01 |
|
01/14/2008 |
|
1,850 |
|
4.015 |
|
01/14/2008 |
|
16,350 |
|
4.0175 |
|
01/14/2008 |
|
31,700 |
|
4.02 |
|
01/14/2008 |
|
600 |
|
4.025 |
|
01/14/2008 |
|
21,500 |
|
4.03 |
|
01/14/2008 |
|
50 |
|
4.0325 |
|
01/14/2008 |
|
3,050 |
|
4.035 |
|
01/14/2008 |
|
13,950 |
|
4.0375 |
|
01/14/2008 |
|
34,515 |
|
4.04 |
|
01/14/2008 |
|
600 |
|
4.045 |
|
01/14/2008 |
|
9,700 |
|
4.05 |
|
01/14/2008 |
|
4,900 |
|
4.06 |
|
01/14/2008 |
|
2,900 |
|
4.07 |
|
01/14/2008 |
|
450 |
|
4.075 |
|
01/14/2008 |
|
6,500 |
|
4.0775 |
|
01/14/2008 |
|
6,200 |
|
4.08 |
|
01/14/2008 |
|
600 |
|
4.085 |
|
01/14/2008 |
|
2,300 |
|
4.0875 |
|
01/14/2008 |
|
7,500 |
|
4.09 |
|
01/14/2008 |
|
24,150 |
|
4.1 |
|
01/15/2008 |
|
153 |
|
3.7 |
|
01/15/2008 |
|
76 |
|
3.7025 |
|
01/15/2008 |
|
1,185 |
|
3.705 |
|
01/15/2008 |
|
1,491 |
|
3.7075 |
|
01/15/2008 |
|
17,130 |
|
3.71 |
|
01/15/2008 |
|
688 |
|
3.715 |
|
01/15/2008 |
|
382 |
|
3.7175 |
|
01/15/2008 |
|
8,335 |
|
3.72 |
|
01/15/2008 |
|
841 |
|
3.725 |
|
01/15/2008 |
|
4,588 |
|
3.7275 |
|
18
WCM TRANSACTIONS |
|
||||
Date |
|
Number of Shares |
|
Price Per Share |
|
01/15/2008 |
|
8,144 |
|
3.73 |
|
01/15/2008 |
|
1,108 |
|
3.8 |
|
01/15/2008 |
|
344 |
|
3.805 |
|
01/15/2008 |
|
230 |
|
3.8075 |
|
01/15/2008 |
|
7,877 |
|
3.81 |
|
01/15/2008 |
|
115 |
|
3.8175 |
|
01/15/2008 |
|
2,332 |
|
3.82 |
|
01/15/2008 |
|
459 |
|
3.825 |
|
01/15/2008 |
|
173 |
|
3.8275 |
|
01/15/2008 |
|
16,842 |
|
3.83 |
|
01/15/2008 |
|
459 |
|
3.835 |
|
01/15/2008 |
|
3,671 |
|
3.8375 |
|
01/15/2008 |
|
4,627 |
|
3.84 |
|
As of January 22, 2008, the Trust owned 1,000,000 shares of Common Stock. The following transactions were effected by the Trust during the sixty days preceding January 22, 2008:
HKW TRUST TRANSACTIONS |
|
||||
Date |
|
Number of Shares |
|
Price Per Share |
|
01/09/2008 |
|
62,500 |
|
4 |
|
01/09/2008 |
|
23,125 |
|
4.05 |
|
01/09/2008 |
|
75 |
|
4.0525 |
|
01/09/2008 |
|
150 |
|
4.055 |
|
01/09/2008 |
|
3,925 |
|
4.06 |
|
01/09/2008 |
|
2,650 |
|
4.07 |
|
01/09/2008 |
|
425 |
|
4.075 |
|
01/09/2008 |
|
4,025 |
|
4.08 |
|
01/09/2008 |
|
25 |
|
4.09 |
|
01/09/2008 |
|
475 |
|
4.1 |
|
01/09/2008 |
|
1,750 |
|
4.11 |
|
01/09/2008 |
|
25 |
|
4.115 |
|
01/09/2008 |
|
4,925 |
|
4.12 |
|
01/09/2008 |
|
600 |
|
4.125 |
|
01/09/2008 |
|
12,150 |
|
4.13 |
|
01/09/2008 |
|
300 |
|
4.135 |
|
01/09/2008 |
|
15,200 |
|
4.14 |
|
01/09/2008 |
|
725 |
|
4.145 |
|
01/09/2008 |
|
28,725 |
|
4.15 |
|
01/09/2008 |
|
150 |
|
4.155 |
|
01/09/2008 |
|
2,475 |
|
4.16 |
|
01/09/2008 |
|
150 |
|
4.165 |
|
19
HKW TRUST TRANSACTIONS |
|
||||
Date |
|
Number of Shares |
|
Price Per Share |
|
01/09/2008 |
|
11,750 |
|
4.17 |
|
01/09/2008 |
|
600 |
|
4.175 |
|
01/09/2008 |
|
41,475 |
|
4.18 |
|
01/09/2008 |
|
500 |
|
4.185 |
|
01/09/2008 |
|
6,325 |
|
4.19 |
|
01/09/2008 |
|
6,350 |
|
4.2 |
|
01/09/2008 |
|
4,600 |
|
4.21 |
|
01/09/2008 |
|
1,325 |
|
4.22 |
|
01/09/2008 |
|
1,025 |
|
4.23 |
|
01/09/2008 |
|
1,975 |
|
4.24 |
|
01/09/2008 |
|
1,050 |
|
4.25 |
|
01/09/2008 |
|
700 |
|
4.26 |
|
01/09/2008 |
|
175 |
|
4.265 |
|
01/09/2008 |
|
3,075 |
|
4.27 |
|
01/09/2008 |
|
75 |
|
4.275 |
|
01/09/2008 |
|
3,061 |
|
4.28 |
|
01/09/2008 |
|
1,389 |
|
4.29 |
|
01/10/2008 |
|
50 |
|
3.9125 |
|
01/10/2008 |
|
1,850 |
|
3.92 |
|
01/10/2008 |
|
8,563 |
|
3.93 |
|
01/10/2008 |
|
8,300 |
|
3.94 |
|
01/10/2008 |
|
125 |
|
3.945 |
|
01/10/2008 |
|
12,413 |
|
3.95 |
|
01/10/2008 |
|
3,900 |
|
3.96 |
|
01/10/2008 |
|
6,350 |
|
3.97 |
|
01/10/2008 |
|
50 |
|
3.975 |
|
01/10/2008 |
|
18,325 |
|
3.98 |
|
01/10/2008 |
|
7,700 |
|
3.99 |
|
01/10/2008 |
|
7,375 |
|
4 |
|
01/11/2008 |
|
18,750 |
|
4.1 |
|
01/14/2008 |
|
850 |
|
3.9725 |
|
01/14/2008 |
|
400 |
|
3.975 |
|
01/14/2008 |
|
65,800 |
|
3.98 |
|
01/14/2008 |
|
750 |
|
3.985 |
|
01/14/2008 |
|
3,608 |
|
3.9875 |
|
01/14/2008 |
|
50,388 |
|
3.99 |
|
01/14/2008 |
|
2,800 |
|
3.995 |
|
01/14/2008 |
|
7,800 |
|
3.9975 |
|
01/14/2008 |
|
142,756 |
|
4 |
|
01/14/2008 |
|
50 |
|
4.0025 |
|
01/14/2008 |
|
950 |
|
4.005 |
|
20
HKW TRUST TRANSACTIONS |
|
||||
Date |
|
Number of Shares |
|
Price Per Share |
|
01/14/2008 |
|
14,850 |
|
4.0075 |
|
01/14/2008 |
|
44,636 |
|
4.01 |
|
01/14/2008 |
|
1,850 |
|
4.015 |
|
01/14/2008 |
|
16,350 |
|
4.0175 |
|
01/14/2008 |
|
31,700 |
|
4.02 |
|
01/14/2008 |
|
600 |
|
4.025 |
|
01/14/2008 |
|
21,500 |
|
4.03 |
|
01/14/2008 |
|
50 |
|
4.0325 |
|
01/14/2008 |
|
3,050 |
|
4.035 |
|
01/14/2008 |
|
13,950 |
|
4.0375 |
|
01/14/2008 |
|
34,515 |
|
4.04 |
|
01/14/2008 |
|
600 |
|
4.045 |
|
01/14/2008 |
|
9,700 |
|
4.05 |
|
01/14/2008 |
|
4,900 |
|
4.06 |
|
01/14/2008 |
|
2,900 |
|
4.07 |
|
01/14/2008 |
|
450 |
|
4.075 |
|
01/14/2008 |
|
6,500 |
|
4.0775 |
|
01/14/2008 |
|
6,200 |
|
4.08 |
|
01/14/2008 |
|
600 |
|
4.085 |
|
01/14/2008 |
|
2,300 |
|
4.0875 |
|
01/14/2008 |
|
7,500 |
|
4.09 |
|
01/14/2008 |
|
24,150 |
|
4.1 |
|
01/15/2008 |
|
247 |
|
3.7 |
|
01/15/2008 |
|
124 |
|
3.7025 |
|
01/15/2008 |
|
1,915 |
|
3.705 |
|
01/15/2008 |
|
2,409 |
|
3.7075 |
|
01/15/2008 |
|
27,670 |
|
3.71 |
|
01/15/2008 |
|
1,112 |
|
3.715 |
|
01/15/2008 |
|
618 |
|
3.7175 |
|
01/15/2008 |
|
13,465 |
|
3.72 |
|
01/15/2008 |
|
1,359 |
|
3.725 |
|
01/15/2008 |
|
7,412 |
|
3.7275 |
|
01/15/2008 |
|
13,156 |
|
3.73 |
|
01/15/2008 |
|
1,792 |
|
3.8 |
|
01/15/2008 |
|
556 |
|
3.805 |
|
01/15/2008 |
|
370 |
|
3.8075 |
|
01/15/2008 |
|
12,723 |
|
3.81 |
|
01/15/2008 |
|
185 |
|
3.8175 |
|
01/15/2008 |
|
3,768 |
|
3.82 |
|
01/15/2008 |
|
741 |
|
3.825 |
|
01/15/2008 |
|
279 |
|
3.8275 |
|
01/15/2008 |
|
27,206 |
|
3.83 |
|
01/15/2008 |
|
741 |
|
3.835 |
|
01/15/2008 |
|
5,929 |
|
3.8375 |
|
01/15/2008 |
|
7,473 |
|
3.84 |
|
21
Index of Exhibits.
Exhibit 1 |
|
Joint Filing Agreement, dated as of January 22, 2008, by and among Wattles Capital Management, LLC, the HKW Trust and Mark J. Wattles |
22