Spark Networks, Inc.
|
(Name of Issuer)
|
Common Stock, par value $0.001 per share
|
(Title of Class of Securities)
|
84651P100
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(CUSIP Number)
|
NAME OF REPORTING PERSON | |
1.
|
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
|
John H. Lewis
|
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) o
|
|
(b) x
|
|
3
|
SEC USE ONLY
|
4
|
SOURCE OF FUNDS
|
PF
|
|
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) o
|
6.
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
United States
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
|
7 SOLE VOTING POWER - 19,100
8 SHARED VOTING POWER - 1,656,224
9 SOLE DISPOSITIVE POWER - 19,100
10 SHARED DISPOSITIVE POWER - 1,656,224
|
11
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
1,675,324
|
|
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES o
|
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
|
8.1%
|
|
14
|
TYPE OF REPORTING PERSON
|
IN
|
1
|
NAME OF REPORTING PERSON
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S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
|
|
Osmium Partners, LLC
|
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) o
|
|
(b) x
|
|
3
|
SEC USE ONLY
|
4
|
SOURCE OF FUNDS
|
AF
|
|
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) o
|
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
Delaware
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
|
7 SOLE VOTING POWER - 0
8 SHARED VOTING POWER - 1,656,224
9 SOLE DISPOSITIVE POWER - 0
10 SHARED DISPOSITIVE POWER - 1,656,224
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
1,656,224
|
|
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES o
|
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
|
8.0%
|
|
14
|
TYPE OF REPORTING PERSON
|
IA, OO
|
1
|
NAME OF REPORTING PERSON
|
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
|
|
Osmium Capital, LP
|
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) o
|
|
(b) x
|
|
3
|
SEC USE ONLY
|
4
|
SOURCE OF FUNDS
|
WC
|
|
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) o
|
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
Delaware
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
|
7 SOLE VOTING POWER - 0
8 SHARED VOTING POWER - 354,195
9 SOLE DISPOSITIVE POWER - 0
10 SHARED DISPOSITIVE POWER - 354,195
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
354,195
|
|
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES o
|
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
|
1.7%
|
|
14
|
TYPE OF REPORTING PERSON
|
PN
|
1
|
NAME OF REPORTING PERSON
|
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
|
|
Osmium Capital II, LP
|
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) o
|
|
(b) x
|
|
3
|
SEC USE ONLY
|
4
|
SOURCE OF FUNDS
|
WC
|
|
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) o
|
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
Delaware
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
|
7 SOLE VOTING POWER - 0
8 SHARED VOTING POWER - 1,067,644
9 SOLE DISPOSITIVE POWER - 0
10 SHARED DISPOSITIVE POWER - 1,067,644
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
1,067,644
|
|
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES o
|
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
|
5.2%
|
|
14
|
TYPE OF REPORTING PERSON
|
PN
|
1
|
NAME OF REPORTING PERSON
|
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
|
|
Osmium Spartan, LP
|
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) o
|
|
(b) x
|
|
3
|
SEC USE ONLY
|
4
|
SOURCE OF FUNDS
|
WC
|
|
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) o
|
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
Delaware
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
|
7 SOLE VOTING POWER - 0
8 SHARED VOTING POWER - 129,657
9 SOLE DISPOSITIVE POWER - 0
10 SHARED DISPOSITIVE POWER - 129,657
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
129,657
|
|
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES o
|
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
|
0.6%
|
|
14
|
TYPE OF REPORTING PERSON
|
PN
|
(a)
|
As of September 20, 2010, the Reporting Persons beneficially own: | ||
(i)
|
Fund I directly owns 354,195 shares of Common Stock representing 1.7% of all of the outstanding shares of Common Stock.
|
||
(ii)
|
Fund II directly owns 1,067,644 shares of Common Stock representing 5.2% of all of the outstanding shares of Common Stock.
|
||
(iii)
|
Fund III directly owns 129,657 shares of Common Stock representing 0.6% of all of the outstanding shares of Common Stock.
|
||
(iv)
|
Mr. Lewis directly owns 19,100 shares of Common Stock representing 0.09% of all of the outstanding shares of Common Stock.
|
||
(v)
|
Osmium Partners, as the general partner of each of the Funds and the investment manager of the Other Accounts, may be deemed to beneficially own the 1,656,224 shares of Common Stock held by them, representing 8.0% of all of the outstanding shares of Common Stock.
|
||
(vi)
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Mr. Lewis may be deemed to be the beneficial owner of the shares of Common Stock beneficially owned by Osmium Partners.
|
||
(vii)
|
Collectively, the Reporting Persons beneficially own 1,675,324 shares of Common Stock representing 8.1% of all of the outstanding shares of Common Stock.
|
||
Each Reporting Person disclaims beneficial ownership with respect to any shares of Common Stock other than the shares owned directly and of record by such Reporting Person. | |||
As of September 16, 2010, the collective beneficial ownership of the Reporting Persons was 1,606,324 shares of Common Stock, representing 7.8% of the Issuer’s outstanding shares of Common Stock. | |||
The percentages set forth in this response are based on the 20,587,336 shares of Common Stock outstanding as of August 12, 2010, as reported by the Issuer in its Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2010.
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Transaction
|
Number of
|
Avg. Price
|
Type of
|
||||||
Date
|
Shares
|
per Share
|
Transaction
|
||||||
8/5/2010
|
1,399 | $ | 3.16 |
Purchase
|
|||||
8/6/2010
|
100 | $ | 3.28 |
Purchase
|
|||||
8/16/2010
|
7,840 | $ | 3.15 |
Purchase
|
|||||
8/23/2010
|
674 | $ | 3.24 |
Purchase
|
|||||
8/24/2010
|
1,746 | $ | 3.19 |
Purchase
|
|||||
8/25/2010
|
347 | $ | 3.30 |
Purchase
|
|||||
8/26/2010
|
487 | $ | 3.25 |
Purchase
|
|||||
8/30/2010
|
7,472 | $ | 3.10 |
Purchase
|
|||||
9/9/2010
|
26,623 | $ | 2.95 |
Purchase
|
|||||
9/13/2010
|
1,249 | $ | 3.19 |
Purchase
|
|||||
9/14/2010
|
1,600 | $ | 3.16 |
Purchase
|
|||||
9/16/2010
|
5,236 | $ | 2.90 |
Purchase
|
|||||
9/17/2010
|
7,494 | $ | 3.00 |
Purchase
|
|||||
9/20/2010
|
9,500 | $ | 3.12 |
Purchase
|
Transaction
|
Number of
|
Avg. Price
|
Type of
|
||||||
Date
|
Shares
|
per Share
|
Transaction
|
||||||
8/5/2010
|
4,201 | $ | 3.16 |
Purchase
|
|||||
8/6/2010
|
300 | $ | 3.28 |
Purchase
|
|||||
8/16/2010
|
22,160 | $ | 3.15 |
Purchase
|
|||||
8/23/2010
|
1,926 | $ | 3.24 |
Purchase
|
|||||
8/24/2010
|
5,254 | $ | 3.19 |
Purchase
|
|||||
8/25/2010
|
1,023 | $ | 3.30 |
Purchase
|
|||||
8/26/2010
|
1,513 | $ | 3.25 |
Purchase
|
|||||
8/30/2010
|
22,528 | $ | 3.10 |
Purchase
|
|||||
9/9/2010
|
81,577 | $ | 2.95 |
Purchase
|
|||||
9/13/2010
|
3,751 | $ | 3.19 |
Purchase
|
|||||
9/14/2010
|
4,900 | $ | 3.16 |
Purchase
|
|||||
9/16/2010
|
15,764 | $ | 2.90 |
Purchase
|
|||||
9/17/2010
|
22,506 | $ | 3.00 |
Purchase
|
|||||
9/20/2010
|
29,500 | $ | 3.12 |
Purchase
|
Transaction
|
Number of
|
Avg. Price
|
Type of
|
||||||
Date
|
Shares
|
per Share
|
Transaction
|
||||||
8/23/2010
|
1,000 | $ | 3.24 |
Purchase
|
|||||
9/9/2010
|
4,000 | $ | 2.95 |
Purchase
|
(d)
|
Not applicable.
|
|
(e)
|
Not applicable.
|
John H. Lewis
|
|||
Osmium Partners, LLC
|
|||
Osmium Capital, LP
|
|||
Osmium Capital II, LP
|
|||
Osmium Spartan, LP
|
|||
By:
|
/s/ John H. Lewis
|
||
John H. Lewis, for himself and as Managing Member of Osmium Partners, LLC, for itself and as General Partner of Osmium Capital, LP, Osmium Capital II, LP, and Osmium Spartan, LP
|