BED BATH & BEYOND, INC. — Major Shareholding Notification 2010

May 25, 2010

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D

*Under the Securities Exchange Act of 1934 (Amendment No. 8)**

*OVERSTOCK.COM, INC.*

(Name of Issuer)

*Common Stock, par value $0.0001 per share*

(Title of Class of Securities)

*690370 10 1*

(CUSIP Number)

*Patrick M. Byrne*

*6350 South 3000 East*

*Salt Lake City, Utah 84121*

*(801) 947-3100*

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

*May 21, 2010*

(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 that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. o

*Note* : Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.

• 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 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

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CUSIP No. 690370 10 1 — 1.	Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only) Patrick M. Byrne
2.	Check the Appropriate Box
if a Member of a Group (See Instructions)
	(a)	o
	(b)	x
3.	SEC Use Only
4.	Source of Funds (See
Instructions) Not Applicable
5.	Check if Disclosure of Legal Proceedings Is
Required Pursuant to Items 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 1,245,887
	8.	Shared Voting Power 5,452,127
	9.	Sole Dispositive Power 1,245,887
	10.	Shared Dispositive Power 5,452,127
11.	Aggregate Amount
Beneficially Owned by Each Reporting Person 6,698,014
12.	Check if the Aggregate
Amount in Row (11) Excludes Certain Shares (See Instructions) o
13.	Percent of Class
Represented by Amount in Row (11) 29.1%
14.	Type of Reporting Person
(See Instructions) IN

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| 2. | Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only) High Plains Investments LLC — Check the Appropriate Box
if a Member of a Group (See Instructions) | |
| --- | --- | --- |
| | (a) | o |
| | (b) | x |
| 3. | SEC Use Only | |
| 4. | Source of Funds (See
Instructions) Not Applicable | |
| 5. | Check if Disclosure of Legal Proceedings Is
Required Pursuant to Items 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 0 |
| | 8. | Shared Voting Power 5,452,127 |
| | 9. | Sole Dispositive Power 0 |
| | 10. | Shared Dispositive Power 5,452,127 |
| 11. | Aggregate Amount
Beneficially Owned by Each Reporting Person 5,452,127 | |
| 12. | Check if the Aggregate
Amount in Row (11) Excludes Certain Shares (See Instructions) x | |
| 13. | Percent of Class
Represented by Amount in Row (11) 23.7% | |
| 14. | Type of Reporting Person
(See Instructions) 00 | |

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| 2. | Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only) Haverford Valley L.C. — Check the Appropriate Box
if a Member of a Group (See Instructions) | |
| --- | --- | --- |
| | (a) | o |
| | (b) | x |
| 3. | SEC Use Only | |
| 4. | Source of Funds (See
Instructions) Not Applicable. | |
| 5. | Check if Disclosure of Legal Proceedings Is
Required Pursuant to Items 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 0 |
| | 8. | Shared Voting Power 5,452,127 |
| | 9. | Sole Dispositive Power 0 |
| | 10. | Shared Dispositive Power 5,452,127 |
| 11. | Aggregate Amount Beneficially
Owned by Each Reporting Person 5,452,127 | |
| 12. | Check if the Aggregate
Amount in Row (11) Excludes Certain Shares (See Instructions) x | |
| 13. | Percent of Class
Represented by Amount in Row (11) 23.7% | |
| 14. | Type of Reporting Person
(See Instructions) 00 | |

4

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*AMENDMENT NO. 8 TO*

*STATEMENT ON SCHEDULE 13D*

This Amendment No. 8 (this “Amendment”) amends and supplements the Statement on Schedule 13D filed by Patrick M. Byrne, John B. Pettway, High Plains Investments LLC and Haverford Valley L.C. dated November 14, 2002, as amended to date (the “Original 13D”), relating to shares of the common stock, par value $0.0001 per share (the “Shares”) of Overstock.com, Inc., a Delaware corporation (the “Issuer”), whose principal executive offices are located at 6350 South 3000 East, Salt Lake City, Utah 84121. Capitalized terms used but not defined herein have the meanings ascribed to them in the Original 13D.

Note: This Amendment No. 8 is being filed as a result of the sale of certain Shares of the Issuer held by High Plains Investments LLC. The filing of this Amendment shall not constitute an admission that the sale of less than 1% of the outstanding Shares is material.

Item 1.	Security and Issuer
Item 2.	Identity and Background
Item 3.	Source and Amount of Funds or Other
Consideration
Item 4.	Purpose of Transaction
Item 5.	Interest in Securities of the Issuer
	Item 5 of the Original 13D is hereby amended
and supplemented as follows: As set forth herein, Dr. Byrne
beneficially owns 6,698,014 Shares, which represent 29.1% of the outstanding
Shares, based upon the number of Shares outstanding as of the most recent
practicable date, and calculated in accordance with Rule 13d-3. Dr. Byrne
shares voting and dispositive power over 5,452,127 Shares with High Plains
Investments LLC and Haverford Valley L.C. Dr. Byrne disclaims
beneficial ownership of the Shares held by High Plains Investments LLC,
Haverford Valley L.C. and all other persons except to the extent of his
pecuniary interest in each entity, respectively. Dr. Byrne has
sole voting and dispositive power over 1,245,887 Shares. Transactions in the
Issuer’s securities by the Reporting Persons during the last sixty days are
listed on Annex A attached hereto.
Item 6.	Contracts, Arrangements, Understandings or
Relationships with Respect to Securities of the Issuer
Item 7.	Material to be Filed as Exhibits

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*SIGNATURE*

After reasonable inquiry and to the best of the knowledge and belief of the undersigned, each of the undersigned certifies that the information set forth in this Amendment No. 8 to Statement on Schedule 13D relating to him or it is true, complete and correct.

| Dated: May 24,
2010 | | |
| --- | --- | --- |
| /s/ Patrick M. Byrne | | |
| Patrick M. Byrne | | |
| HIGH PLAINS INVESTMENTS
LLC | | |
| By: | HAVERFORD VALLEY LC | |
| | By: | /s/ John Pettway |
| | Name: John Pettway | |
| | Title: Manager | |
| HAVERFORD VALLEY LC | | |
| | By: | /s/ John Pettway |
| | Name: John Pettway | |
| | Title: Manager | |

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ANNEX A

Transactions in Issuer’s Securities in Last 60 Days

| Transaction
Date | Buy/(Sell) | Number of — Shares | Price Per Share — (US $) |
| --- | --- | --- | --- |
| 5/20/2010 | SELL | 10,000 | 20.91 |
| 5/21/2010 | SELL | 100 | 22.84 |
| 5/21/2010 | SELL | 1,400 | 22.80 |
| 5/21/2010 | SELL | 1,900 | 22.82 |
| 5/21/2010 | SELL | 2,000 | 22.83 |
| 5/21/2010 | SELL | 4,600 | 22.50 |
| 5/21/2010 | SELL | 4,615 | 21.00 |
| 5/21/2010 | SELL | 5,385 | 21.48 |
| 5/21/2010 | SELL | 10,000 | 22.85 |
| 5/21/2010 | SELL | 10,000 | 22.60 |
| 5/21/2010 | SELL | 10,000 | 22.88 |
| 5/21/2010 | SELL | 10,000 | 22.90 |
| 5/21/2010 | SELL | 10,000 | 22.05 |
| 5/21/2010 | SELL | 10,000 | 21.25 |
| 5/21/2010 | SELL | 10,000 | 20.95 |
| 5/24/2010 | SELL | 10,000 | 22.78 |
| 5/24/2010 | SELL | 10,000 | 22.72 |
| 5/24/2010 | SELL | 9,600 | 22.59 |
| 5/24/2010 | SELL | 400 | 22.95 |
| 5/24/2010 | SELL | 10,000 | 23.10 |

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