BED BATH & BEYOND, INC. — Director's Dealing 2013

May 9, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: OVERSTOCK.COM, INC (OSTK)
CIK: 0001130713
Period of Report: 2013-05-07

Reporting Person: Chou Francis S M (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-05-08	Common Stock	X	300	$15.00	Disposed	2405840	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-05-07	Call Option (obligation to sell)	$25.00	S	173800	Disposed	2013-12-20	Common Stock (173800)	Indirect
2013-05-07	Call Option (obligation to sell)	$15.00	P	23800	Acquired	2013-06-22	Common Stock (23800)	Indirect
2013-05-08	Call Option (obligation to sell)	$15.00	X	300	Disposed	2013-06-22	Common Stock (300)	Indirect
2013-05-08	Call Option (obligation to sell)	$30.00	S	110600	Disposed	2013-12-20	Common Stock (110600)	Indirect

Footnotes

F1: This statement is filed by Francis S. M. Chou. Mr. Chou is the Chief Executive Officer of two investment advisers, Chou America Management Inc. and Chou Associates Management Inc., and acts as portfolio manager of funds advised by such investment advisers and may be deemed to beneficially own securities owned by such investment advisers and/or funds.

F2: The filing of this statement shall not be deemed or construed as an admission that the reporting person is, for purposes of Section 16 of the Act or otherwise: a beneficial owner (and such person disclaims beneficial ownership) of any securities covered hereby, except to the extent such person has or shares any pecuniary interest in such securities; or a member (through any relationship described herein or otherwise) of any group.

F3: The reporting person's interests in portfolio securities held by Chou America Mutual Funds, an investment company registered under the Investment Company Act of 1940, are deemed (pursuant to Rule 16a-1(a)(5)(i)) not to confer beneficial ownership for purposes of Section 16 of the Act.

F4: The price reported reflects the weighted average price. The reporting person hereby undertakes to provide to the Commission staff, the issuer, or a security holder of the issuer, upon request, full information regarding the number of securities purchased at each separate price. This transaction was executed in multiple trades on May 7, 2013 at prices ranging from $3.46 to $4.10.