SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(Rule 13d-101)
Information to be Included in Statements Filed Pursuant
to Rule 13d-1(a) and Amendments Thereto Filed Pursuant to
Rule 13d-2(a)
(Amendment No. 2)
E COM VENTURES, INC.
(Name of Issuer)
Common Stock, $.01 Par Value
(Title of class of securities)
26830k 20 5
(CUSIP Number)
Geoffrey Etherington, Esq.
Edwards & Angell, LLP
750 Lexington Avenue
New York, NY 10022
(212) 756-0237
(Name, Address, and Telephone Number of person
authorized to receive notices and communications)
July 7, 2003
(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 which is the subject of this Schedule 13D, and is
filing this schedule because of Rule 13d-1 (b)(3) or (4), check the
following box: [__].
*The remainder of this cover page shall be filled out for a reporting
person's 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 (the "Exchange Act") or otherwise subject to the
liabilities of that section of the Exchange Act but shall be subject to
all other provisions of the Exchange Act (however, see the Notes).
CUSIP No. 26830k 20 5 Schedule 13D Page 2 of 6
1. Name of Reporting Person / I.R.S. Identification No. of Above Person
Glenn H. Nussdorf
2. Check the Appropriate Box if a Member of a Group (a) [ ]
(b) [X]
3. SEC Use Only
4. Source of Funds
PF
5. Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items
2(d) or 2(e) [ ]
6. Citizenship or Place of Organization
United States citizen
Number of 7. Sole Voting Power 285,590
Shares
Beneficially
Owned By 8. Shared Voting Power None
Each
Reporting
Person With 9 Sole Dispositive Power 285,590
10 Shared Dispositive Power None
11. Aggregate Amount Beneficially Owned by Each Reporting Person
285,590
12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions) [ ]
13. Percent of Class Represented by Amount in Row (11)
11.50%
14. Type of Reporting Person
IN
CUSIP No. 26830k 20 5 Schedule 13D Page 3 of 6
1. Name of Reporting Person / I.R.S. Identification No. of Above Person
Stephen L. Nussdorf
2. Check the Appropriate Box if a Member of a Group (a) [ ]
(b) [X]
3. SEC Use Only
4. Source of Funds
PF
5. Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items
2(d) or 2(e) [ ]
6. Citizenship or Place of Organization
United States citizen
Number of 7. Sole Voting Power 96,000
Shares
Beneficially
Owned By 8. Shared Voting Power None
Each
Reporting
Person With 9 Sole Dispositive Power 96,000
10 Shared Dispositive Power None
11. Aggregate Amount Beneficially Owned by Each Reporting Person
96,000
12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions) [ ]
13. Percent of Class Represented by Amount in Row (11)
3.87%
14. Type of Reporting Person
IN
CUSIP No. 26830k 20 5 Schedule 13D Page 4 of 6
This Amendment No. 2 to Schedule 13D relates to the Common Stock, par value
$0.01 per share, of E Com Ventures, Inc. (the "Issuer"). The Issuer's principal
executive offices are located at 11701 NW 101st Road, Miami, FL 33178.
This Amendment relates to the Schedule 13D originally filed June 19, 2003 by
Glenn H. Nussdorf, as amended June 7, 2003 by Glenn H. Nussdorf and Stephen L.
Nussdorf (the "Initial Schedule 13D"). Item 5 of the Initial Schedule 13D is
being amended, together with the cover pages thereto, to reflect certain
purchases of common stock of the Issuer by Glenn H. Nussdorf and Stephen L.
Nussdorf, the brother of Glenn H. Nussdorf. Glenn H. Nussdorf and Stephen L.
Nussdorf may be considered a "group" within the meaning of Rule 13d-5 under the
Securities Exchange Act of 1934, as amended, although each disclaims beneficial
ownership of the securities owned by the other. Except as provided herein, the
Amendment does not modify any of the information previously reported on the
Schedule 13D.
Item 5. Interest in Securities of the Issuer
Item 5 is hereby supplemented and amended as follows:
Item 5(a). The aggregate percentage of shares of common stock reported owned by
both filing persons is based upon 2,483,213 shares outstanding, which is the
total number of shares of common stock outstanding as of June 3, 2003, as
reported in the Issuer's Form 10-Q for the fiscal quarter ended May 3, 2003.
Item 5(b). As of the close of business on July 7, 2003, Glenn H. Nussdorf
beneficially owned 285,590 shares of common stock, constituting approximately
11.50% of the shares outstanding. Glenn H. Nussdorf has sole voting and
dispositive power with respect to all of the shares beneficially owned by him.
As of the close of business on the same day, Stephen L. Nussdorf beneficially
owned 96,000 shares of common stock, constituting approximately 3.87% of the
shares outstanding. Stephen L. Nussdorf holds these shares in a joint account
with his wife.
Item 5(c). Stephen L. Nussdorf effected the following transactions in Issuer's
common stock since the last transaction reported in Amendment No. 1 to the
Schedule 13D:
Date # of Shares Price per share Nature of Transaction
---- ----------- --------------- ---------------------
July 3, 2003 3,000 $8.70 Open market purchase
July 3, 2003 1,900 $8.80 Open market purchase
July 3, 2003 1,500 $8.82 Open market purchase
July 3, 2003 950 $8.84 Open market purchase
July 3, 2003 900 $8.85 Open market purchase
July 3, 2003 500 $8.90 Open market purchase
July 3, 2003 250 $8.99 Open market purchase
July 3, 2003 2,613 $9.00 Open market purchase
July 3, 2003 5,100 $9.05 Open market purchase
July 3, 2003 1,287 $9.10 Open market purchase
July 7, 2003 600 $9.09 Open market purchase
July 7, 2003 1,000 $9.10 Open market purchase
July 7, 2003 2,300 $9.15 Open market purchase
July 7, 2003 5,550 $9.20 Open market purchase
July 7, 2003 1,700 $9.25 Open market purchase
July 7, 2003 1,000 $9.27 Open market purchase
July 7, 2003 800 $9.28 Open market purchase
July 7, 2003 2,400 $9.30 Open market purchase
July 7, 2003 100 $9.31 Open market purchase
CUSIP No. 26830k 20 5 Schedule 13D Page 5 of 6
July 7, 2003 2,500 $9.33 Open market purchase
July 7, 2003 3,900 $9.35 Open market purchase
July 7, 2003 3,600 $9.40 Open market purchase
July 7, 2003 1,500 $9.41 Open market purchase
July 7, 2003 100 $9.44 Open market purchase
July 7, 2003 2,500 $9.45 Open market purchase
July 8, 2003 200 $9.45 Open market purchase
July 8, 2003 7,000 $9.50 Open market purchase
July 8, 2003 900 $9.52 Open market purchase
July 8, 2003 350 $9.55 Open market purchase
Total 56,000
In addition, Glenn H. Nussdorf effected the following transactions in Issuer's
common stock on the dates indicated, which were inadvertently omitted from the
Schedule 13D as originally filed. These transactions are included in the total
ownership reported for Glenn H. Nussdorf herein:
Date # of Shares Price per share Nature of Transaction
---- ----------- --------------- ---------------------
June 5, 2003 6,500 $5.50 Open market purchase
June 6, 2003 1,800 $5.50 Open market purchase
June 9, 2003 1,700 $5.50 Open market purchase
June 27, 2003 2,400 $7.39 Open market purchase
June 27, 2003 1,800 $7.45 Open market purchase
June 27, 2003 400 $7.48 Open market purchase
Total 14,600
Item 5(d). Not applicable.
Item 5(e). Not applicable.
CUSIP No. 26830k 20 5 Schedule 13D Page 6 of 6
SIGNATURES
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.
Date: July 8, 2003
/s/ Alfred R. Paliani
---------------------------------------------
Glenn H. Nussdorf
By: Alfred R. Paliani, attorney-in-fact
/s/ Alfred R. Paliani
---------------------------------------------
Stephen L. Nussdorf
By: Alfred R. Paliani, attorney-in-fact