Edgar Filing: DOUGLAS KEVIN

Schedule 13G/A

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934
(Amendment No. 5)*

Stamps.com Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

852857101

(CUSIP Number)

James R. Black
Davis Wright Tremaine
505 Montgomery Street, Suite 800
San Francisco, CA 94111
(415) 276-6508

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

December 31, 2009

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

o Rule 13d-1(b)

þ Rule 13d-1(c)

o Rule 13d-1(d)

* 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 the disclosures provided in a prior cover page.

The information required in 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).


CUSIP No.		852857101


1	NAMES OF REPORTING PERSONS Kevin Douglas


2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
	(a) o
	(b) þ

3	SEC USE ONLY



4	CITIZENSHIP OR PLACE OF ORGANIZATION

	United States

		5	SOLE VOTING POWER

NUMBER OF			-0-

SHARES		6	SHARED VOTING POWER
BENEFICIALLY
OWNED BY			1,002,604 (1)

EACH		7	SOLE DISPOSITIVE POWER
REPORTING
PERSON			-0-

WITH:		8	SHARED DISPOSITIVE POWER

			1,519,336 (2)

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

	1,519,336

10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

	o

11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

	9.63%(3)

12	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

	IN

(1) Kevin Douglas and his wife, Michelle Douglas, hold 537,951 shares jointly as the beneficiaries and co-trustees of the K&M Douglas Trust. In addition, Kevin Douglas and Michelle Douglas are co-trustees of the James Douglas and Jean Douglas Irrevocable Descendants’ Trust, which holds 464,653 shares.

(2) Kevin Douglas has dispositive power with respect to 28,407 shares held by James E. Douglas, III and 488,325 shares held by the Douglas Family Trust in addition to the shares held by the K&M Douglas Trust and by the James Douglas and Jean Douglas Irrevocable Descendents’ Trust.

(3) Based on approximately 15,781,000 shares of the Issuer’s common stock outstanding as of October 31, 2009 as reported in its quarterly report on Form 10-Q for the quarter ended September 30, 2009.

Page 2 of 10


CUSIP No.		852857101


1	NAMES OF REPORTING PERSONS Michelle Douglas


2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
	(a) o
	(b) þ

3	SEC USE ONLY



4	CITIZENSHIP OR PLACE OF ORGANIZATION

	United States

		5	SOLE VOTING POWER

NUMBER OF			-0-

SHARES		6	SHARED VOTING POWER
BENEFICIALLY
OWNED BY			1,002,604 (1)

EACH		7	SOLE DISPOSITIVE POWER
REPORTING
PERSON			-0-

WITH:		8	SHARED DISPOSITIVE POWER

			1,002,604 (1)

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

	1,002,604

10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

	o

11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

	5.3%(2)

12	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

	IN

(2) Based on approximately 15,781,000 shares of the Issuer’s common stock outstanding as of October 31, 2009 as reported in its quarterly report on Form 10-Q for the quarter ended September 30, 2009.

Page 3 of 10


CUSIP No.		852857101


1	NAMES OF REPORTING PERSONS James E. Douglas, III


2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
	(a) o
	(b) þ

3	SEC USE ONLY



4	CITIZENSHIP OR PLACE OF ORGANIZATION

	United States

		5	SOLE VOTING POWER

NUMBER OF			28,407

SHARES		6	SHARED VOTING POWER
BENEFICIALLY
OWNED BY			-0-

EACH		7	SOLE DISPOSITIVE POWER
REPORTING
PERSON			-0-

WITH:		8	SHARED DISPOSITIVE POWER

			28,407(1)

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

	28,407

10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

	o

11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

	0.18%(2)

12	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

	IN

(1) Kevin Douglas shares dispositive power with respect to 28,407 shares held by James E. Douglas, III.

Page 4 of 10


CUSIP No.		852857101


1	NAMES OF REPORTING PERSONS K&M Douglas Trust (1)


2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
	(a) o
	(b) þ

3	SEC USE ONLY



4	CITIZENSHIP OR PLACE OF ORGANIZATION

	California

		5	SOLE VOTING POWER

NUMBER OF			-0-

SHARES		6	SHARED VOTING POWER
BENEFICIALLY
OWNED BY			537,951 (2)

EACH		7	SOLE DISPOSITIVE POWER
REPORTING
PERSON			-0-

WITH:		8	SHARED DISPOSITIVE POWER

			537,951 (2)

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

	537,951

10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

	o

11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

	3.40%(3)

12	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

	OO

(1) Kevin Douglas and Michelle Douglas, husband and wife, are beneficiaries and co-trustees.

(2) Kevin Douglas and his wife, Michelle Douglas, hold 537,951 shares jointly as the beneficiaries of the K&M Douglas Trust.

Page 5 of 10


CUSIP No.		852857101


1	NAMES OF REPORTING PERSONS Douglas Family Trust


2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
	(a) o
	(b) þ

3	SEC USE ONLY



4	CITIZENSHIP OR PLACE OF ORGANIZATION

	California

		5	SOLE VOTING POWER

NUMBER OF			488,325

SHARES		6	SHARED VOTING POWER
BENEFICIALLY
OWNED BY			-0-

EACH		7	SOLE DISPOSITIVE POWER
REPORTING
PERSON			-0-

WITH:		8	SHARED DISPOSITIVE POWER

			488,325 (1)

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

	488,325

10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

	o

11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

	3.09%(2)

12	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

	OO

(1) Kevin Douglas has dispositive power with respect to 488,325 shares held by the Douglas Family Trust.

Page 6 of 10


CUSIP No.		852857101


1	NAMES OF REPORTING PERSONS James Douglas and Jean Douglas Irrevocable Descendants’ Trust (1)


2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
	(a) o
	(b) þ

3	SEC USE ONLY



4	CITIZENSHIP OR PLACE OF ORGANIZATION

	California

		5	SOLE VOTING POWER

NUMBER OF			464,653

SHARES		6	SHARED VOTING POWER
BENEFICIALLY
OWNED BY			-0-

EACH		7	SOLE DISPOSITIVE POWER
REPORTING
PERSON			464,653

WITH:		8	SHARED DISPOSITIVE POWER

			-0-

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

	464,653

10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

	o

11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

	2.94%(2)

12	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

	OO

(1) Kevin Douglas and Michelle Douglas, husband and wife, are co-trustees.

Page 7 of 10


CUSIP No.		852857101


Item 1.

	(a)		Name of Issuer: Stamps.com Inc.

	(b)		Address of Issuer’s Principal Executive Offices: 12959 Coral Tree Place Los Angeles, CA 90066


Item 2.

	(1)(a)		NAME OF PERSONS FILING: Kevin Douglas Michelle Douglas James E. Douglas, III

	(b)		ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE: 125 E. Sir Francis Drake Blvd., Ste 400 Larkspur, CA 94939

	(c)		CITIZENSHIP: United States

	(d)		TITLE OF CLASS OF SECURITIES: Common Stock

	(e)		CUSIP NUMBER: 852857101

	(2)(a)		NAME OF PERSONS FILING: K&M Douglas Trust Douglas Family Trust James Douglas and Jean Douglas Irrevocable Descendants’ Trust

	(b)		ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE: 125 E. Sir Francis Drake Blvd., Ste 400 Larkspur, CA 94939

	(c)		CITIZENSHIP: California

	(d)		TITLE OF CLASS OF SECURITIES: Common Stock

	(e)		CUSIP NUMBER: 852857101

Page 8 of 10


CUSIP No.		852857101


Item 3.		If this statement is filed pursuant to Rule 13d-1(b) or 13d-2(b) or (c), check whether the person filing is a:

(a)	o	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).

(b)	o	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

(c)	o	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).

(d)	o	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8)

(e)	o	An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);

(f)	o	An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);

(g)	o	A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);

(h)	o	A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

(i)	o	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

(j)	o	Group, in accordance with §240.13d-1(b)(1)(ii)(J)

Not Applicable.

Page 9 of 10


CUSIP No.		852857101


Item 4.		Ownership

Reference is made as to each of the Reporting Persons hereunder to Rows 5-9 and 11 of each of the cover pages of this Schedule 13G/A and associated footnotes, which are incorporated by reference herein.

Each of the Reporting Persons hereunder may be deemed a member of a “group” within the meaning of Section 13(d)(3) of the Securities Exchange Act of 1934 (the “Exchange Act”), or Rule 13d-5 promulgated under the Exchange Act with one or more of the other Reporting Persons hereunder. Although the Reporting Persons are reporting such securities as if they were members of a “group,” the filing of this Schedule 13G/A shall not be construed as an admission by any Reporting Person that such Reporting Person is a beneficial owner of any securities other than those directly held by such Reporting Person.


Item 5.		Ownership of Five Percent or Less of a Class

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following: o


Item 6.		Ownership of More Than Five Percent on Behalf of Another Person

Not applicable.


Item 7.		Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company

Not applicable.


Item 8.		Identification and Classification of Members of the Group

See Item 4 of this Schedule 13G/A and the Joint Filing Agreement attached hereto as Exhibit A.


Item 9.		Notice of Dissolution of Group

Not applicable.


Item 10.		Certification

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the Issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

Page 10 of 10


CUSIP No.		852857101

SIGNATURE

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: January 27, 2010	* Kevin Douglas
	Kevin Douglas



Date: January 27, 2010	* Michelle Douglas
	Michelle Douglas



Date: January 27, 2010	* James E. Douglas, III
	James E. Douglas, III


	K&M Douglas Trust
Date: January 27, 2010	* Kevin Douglas
	By: Kevin Douglas
	Title:	Trustee


Date: January 27, 2010	* Michelle Douglas
	By: Michelle Douglas
	Title:	Trustee

	Douglas Family Trust
Date: January 27, 2010	* James E. Douglas, Jr.
	By: James E. Douglas, Jr.
	Title:	Trustee


Date: January 27, 2010	* Jean A. Douglas
	By: Jean A. Douglas
	Title:	Trustee

	James Douglas And Jean Douglas Irrevocable Descendants’ Trust
Date: January 27, 2010	* Kevin Douglas
	By: Kevin Douglas
	Title:	Trustee


Date: January 27, 2010	* Michelle Douglas
	By: Michelle Douglas
	Title:	Trustee



*By:	/s/ Eileen Davis-Wheatman
	Eileen Davis-Wheatman
	Attorney-in-fact

EXHIBIT A

JOINT FILING AGREEMENT

This Joint Filing Agreement (this “Agreement”) hereby confirms the agreement by and among all of the undersigned that the Schedule 13G/A to which this Agreement is attached as Exhibit A with respect to the beneficial ownership of the undersigned of shares Common Stock of Stamps.com Inc. is being filed on behalf of each of the undersigned. This Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.



Date: January 27, 2010	* Kevin Douglas
	Kevin Douglas



Date: January 27, 2010	* Michelle Douglas
	Michelle Douglas



Date: January 27, 2010	* James E. Douglas, III
	James E. Douglas, III


	K&M Douglas Trust
Date: January 27, 2010	* Kevin Douglas
	By: Kevin Douglas
	Title:	Trustee


Date: January 27, 2010	* Michelle Douglas
	By: Michelle Douglas
	Title:	Trustee

	Douglas Family Trust
Date: January 27, 2010	* James E. Douglas, Jr.
	By: James E. Douglas, Jr.
	Title:	Trustee


Date: January 27, 2010	* Jean A. Douglas
	By: Jean A. Douglas
	Title:	Trustee

	James Douglas And Jean Douglas Irrevocable Descendants’ Trust
Date: January 27, 2010	* Kevin Douglas
	By: Kevin Douglas
	Title:	Trustee


Date: January 27, 2010	* Michelle Douglas
	By: Michelle Douglas
	Title:	Trustee



*By:	/s/ Eileen Davis-Wheatman
		Eileen Davis-Wheatman
	Attorney-in-fact