Sec Form 4 Filing - Wolf Kurt James @ GameStop Corp. - 2021-01-12

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
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
Wolf Kurt James
2. Issuer Name and Ticker or Trading Symbol
GameStop Corp. [ GME]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O GAMESTOP CORP., 625 WESTPORT PARKWAY
3. Date of Earliest Transaction (MM/DD/YY)
01/12/2021
(Street)
GRAPEVINE, TX76051
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 01/12/2021 S( 1 ) 560,000 D $ 19.99 ( 2 ) 388,600 I By Hestia Capital Partners, LP ( 3 ) ( 4 )
Class A Common Stock 01/12/2021 J( 5 ) 135,500 D 271,000 I By Hestia Capital Management, LLC ( 4 ) ( 6 )
Class A Common Stock 01/12/2021 S( 7 ) 160,000 D $ 19.99 ( 2 ) 111,000 I By Hestia Capital Management, LLC ( 4 ) ( 6 )
Class A Common Stock 01/13/2021 S( 1 ) 70,000 D $ 31.08 ( 8 ) 318,600 I By Hestia Capital Partners, LP ( 3 ) ( 4 )
Class A Common Stock 01/13/2021 S( 7 ) 20,000 D $ 31.08 ( 8 ) 91,000 I By Hestia Capital Management, LLC ( 4 ) ( 6 )
Class A Common Stock 50,689 ( 9 ) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Wolf Kurt James
C/O GAMESTOP CORP.
625 WESTPORT PARKWAY
GRAPEVINE, TX76051
X
Signatures
/s/ James A. Bell, as Attorney-in-Fact 01/14/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Shares sold by Hestia Capital Partners, LP ("Hestia Capital") in order to better align with the maximum concentration guidelines for single stock investment of Hestia Capital.
( 2 )The price reported in column 4 is a weighted average price, rounded to the nearest cent. These shares were sold in multiple transactions at prices ranging from $19.33 to $20.33, inclusive. The reporting person undertakes to provide to GameStop Corp., any security holder of GameStop Corp. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.
( 3 )Shares beneficially owned directly by Hestia Capital. Hestia Capital Management, LLC ("Hestia LLC"), as the general partner of Hestia Capital, and Mr. Wolf, as the managing member of Hestia LLC, may also be deemed the beneficial owner of these shares.
( 4 )Mr. Wolf disclaims beneficial ownership of the shares except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that Mr. Wolf is the beneficial owner of the shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
( 5 )Represents shares held in two separately managed accounts that were previously reported as beneficially owned by Hestia LLC, of which Mr. Wolf serves as the managing member. Such shares were returned to the account holders and as such, these shares are no longer deemed to be beneficially owned by Hestia LLC or Mr. Wolf.
( 6 )Shares held in a separately managed account that is beneficially owned by Hestia LLC. Mr. Wolf, as the managing member of Hestia LLC, may also be deemed the beneficial owner of these shares.
( 7 )Shares sold by Hestia LLC on behalf of a separately managed account in order to better align with the maximum concentration guidelines for single stock investment of the separately managed account.
( 8 )The price reported in column 4 is a weighted average price, rounded to the nearest cent. These shares were purchased in multiple transactions at prices ranging from $30.82 to $31.36, inclusive. The reporting person undertakes to provide to GameStop Corp., any security holder of GameStop Corp. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range.
( 9 )Includes 21,400 shares beneficially owned jointly with Mr. Wolf's wife.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** 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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