Babyuniverse, Inc. - Initial Statement of Beneficial Ownership (3)
October 17 2007 - 1:17PM
Edgar (US Regulatory)
FORM 3
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
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OMB APPROVAL
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3235-0104
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January 31, 2008
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
*
Hurley Frederick
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2. Date of Event Requiring Statement (MM/DD/YYYY)
10/12/2007
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3. Issuer Name
and
Ticker or Trading Symbol
BABYUNIVERSE, INC. [POSH]
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(Last)
(First)
(Middle)
C/O ETOYS DIRECT, INC., 1099 18TH STREET, SUITE 1800
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4. Relationship of Reporting Person(s) to Issuer (Check all applicable)
_____ Director
_____ 10% Owner
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X
___ Officer (give title below)
_____ Other (specify below)
Senior VP & Chief Merchant /
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(Street)
DENVER, CO 80202
(City)
(State)
(Zip)
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5. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
_
X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Beneficially Owned
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1.Title of Security
(Instr. 4)
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2. Amount of Securities Beneficially Owned
(Instr. 4)
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3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
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4. Nature of Indirect Beneficial Ownership
(Instr. 5)
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Common Stock
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93081
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D
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Table II - Derivative Securities Beneficially Owned (
e.g.
, puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security
(Instr. 4)
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2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
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3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
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4. Conversion or Exercise Price of Derivative Security
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5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
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6. Nature of Indirect Beneficial Ownership
(Instr. 5)
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Date Exercisable
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Expiration Date
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Title
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Amount or Number of Shares
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Employee Stock Option (right to buy)
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(1)
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5/10/2014
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Common Stock
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6981
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$1.08
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D
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Employee Stock Option (right to buy)
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(2)
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6/1/2016
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Common Stock
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11635
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$1.55
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D
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Employee Stock Option (right to buy)
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(3)
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6/1/2016
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Common Stock
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6981
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$1.55
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D
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Explanation of Responses:
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(
1)
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The option is exercisable in accordance with its vesting schedule. One-third of the shares vested on the first anniversary
of the date of grant (the grant date was May 10, 2004) and 1/36th monthly on the tenth day of each month thereafter.
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(
2)
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The option is exercisable in accordance with its vesting schedule. One-third of the shares vested on the grant date (the
grant date was June 1, 2006) and 1/36th monthly on the tenth date of each month thereafter.
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(
3)
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The option is exercisable in accordance with its vesting schedule. One-third of the shares vested on the first anniversary
of the date of grant (the grant date was June 1, 2006) and 1/36th monthly on the tenth day of each month thereafter.
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Reporting Owners
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Reporting Owner Name / Address
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Relationships
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Director
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10% Owner
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Officer
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Other
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Hurley Frederick
C/O ETOYS DIRECT, INC.
1099 18TH STREET, SUITE 1800
DENVER, CO 80202
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Senior VP & Chief Merchant
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Signatures
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/s/ Frederick L. Hurley
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10/15/2007
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**
Signature of Reporting Person
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Date
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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*
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If the form is filed by more than one reporting person,
see
Instruction 5(b)(v).
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**
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Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
See
18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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Note:
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File three copies of this Form, one of which must be manually signed. If space is insufficient,
see
Instruction 6 for procedure.
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Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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