SEC Info - Prentice Capital Management, LP - ‘SC 13D/A’ on 5/3/06 re: Gaiam, Inc

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Prentice Capital Management, LP – ‘SC 13D/A’ on 5/3/06 re: Gaiam, Inc

On: Wednesday, 5/3/06, at 5:27pm ET · Accession #: 902664-6-1345 · File #: 5-58429

  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

 5/03/06  Prentice Capital Management, LP   SC 13D/A               1:12K  Gaiam, Inc                        Schulte Roth & Z… LLP/FA

Amendment to General Statement of Beneficial Ownership — Schedule 13D
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: SC 13D/A    Gaiam Inc.                                             7     23K

Document Table of Contents

Page	(sequential)	\|	(alphabetic)	Top
			Alternative Formats (Word, et al.) Schedule 13D
1	1st Page - Filing Submission
"	Schedule 13D

SC 13D/A 1st Page of 7 TOC ↑Top Previous Next ↓Bottom Just 1st
 
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SEC              POTENTIAL PERSONS WHO ARE TO RESPOND TO THE COLLECTION OF      
1746 (11-02)     INFORMATION CONTAINED IN THIS FORM ARE NOT REQUIRED TO RESPOND 
                UNLESS THE FORM DISPLAYS A CURRENTLY VALID OMB CONTROL NUMBER.
--------------------------------------------------------------------------------

                                                    ----------------------------
            UNITED STATES                     OMB APPROVAL
             SECURITIES AND EXCHANGE COMMISSION     ----------------------------
             WASHINGTON, D.C. 20549            OMB Number: 3235-0145
                                                    ----------------------------
                                                    Expires: December 31, 2005
                                                    ----------------------------
                                           Estimated average
                                          burden hours per
                                               response . . . . . 11
                                                    ----------------------------

SCHEDULE 13D

 Under the Securities Exchange Act of 1934
 (Amendment No. 2)

 Gaiam, Inc.
--------------------------------------------------------------------- 
 (Name of Company)

 Class A Common Stock, par value $0.0001 per share
--------------------------------------------------------------------- 
(Title of Class of Securities)

3268Q103
--------------------------------------------------------------------- 
 (CUSIP Number of Class of Securities)

   Michael Weiss                   Eleazer Klein
Prentice Capital Management, LP    Schulte Roth & Zabel LLP 
623 Fifth Avenue, 32nd Floor          919 Third Avenue    
  New York, NY 10022              New York, NY 10022
  (212) 756-8040                  (212) 756-2376

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

 November 22, 2005
--------------------------------------------------------------------- 
 (Date of Event which Requires
Filing of this Schedule)

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 ss.ss.240.13d-1(e),  240.13d-1(f) or 240.13d-1(g), check the
following box. [ ]                                                              

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

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* 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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SCHEDULE 13D

-----------------------------------------                   --------------------
CUSIP NO.      3268Q103                                     PAGE 2 OF 6 PAGES   
-----------------------------------------                   --------------------

--------------------------------------------------------------------------------
1    NAME OF REPORTING PERSON                                             
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)     

Prentice Capital Management, LP                                 
--------------------------------------------------------------------------------
2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP             (a) [ ] 
                                                                 (b) [X]

--------------------------------------------------------------------------------
3    SEC USE ONLY                                                         

--------------------------------------------------------------------------------
4    SOURCE OF FUNDS*                                                     

WC (See Item 3)                                                 
--------------------------------------------------------------------------------
5    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO  
ITEMS 2(d) or 2(e)                                              
                                                                     [ ]
--------------------------------------------------------------------------------
6    CITIZENSHIP OR PLACE OF ORGANIZATION                                 

Delaware                                                        
--------------------------------------------------------------------------------
7    SOLE VOTING POWER                        

0                                   
               -----------------------------------------------------------------
NUMBER OF       8    SHARED VOTING POWER                                      
SHARES                                                                      
BENEFICIALLY          3,326,814                                                 
  OWNED BY     -----------------------------------------------------------------
EACH          9    SOLE DISPOSITIVE POWER                                 
REPORTING                                                                     
PERSON WITH           0                                                         
               -----------------------------------------------------------------
10   SHARED DISPOSITIVE POWER                 

3,326,814                           
--------------------------------------------------------------------------------
11    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON                    

3,326,814                                                       
--------------------------------------------------------------------------------
12    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
                                                                     [ ]
--------------------------------------------------------------------------------
13    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) (see Item 5)       

21.9%                                                           
--------------------------------------------------------------------------------
14    TYPE OF REPORTING PERSON*                                             

PN                                                              
--------------------------------------------------------------------------------

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SCHEDULE 13D

-----------------------------------------                   --------------------
CUSIP NO.      3268Q103                                     PAGE 3 OF 6 PAGES   
-----------------------------------------                   --------------------

--------------------------------------------------------------------------------
1    NAME OF REPORTING PERSON                                             
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)     

Michael Zimmerman                                               
--------------------------------------------------------------------------------
2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP             (a) [ ] 
                                                                 (b) [X]

--------------------------------------------------------------------------------
3    SEC USE ONLY                                                         

--------------------------------------------------------------------------------
4    SOURCE OF FUNDS*                                                     

WC (See Item 3)                                                 
--------------------------------------------------------------------------------
5    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO  
ITEMS 2(d) or 2(e)                                              
                                                                     [ ]
--------------------------------------------------------------------------------
6    CITIZENSHIP OR PLACE OF ORGANIZATION                                 

Delaware                                                        
--------------------------------------------------------------------------------
7    SOLE VOTING POWER                        

8,705                               
               -----------------------------------------------------------------
NUMBER OF       8    SHARED VOTING POWER                                      
SHARES                                                                      
BENEFICIALLY          3,329,814                                                 
  OWNED BY     -----------------------------------------------------------------
EACH          9    SOLE DISPOSITIVE POWER                                 
REPORTING                                                                     
PERSON WITH           8,705                                                     
               -----------------------------------------------------------------
10   SHARED DISPOSITIVE POWER                 

3,329,814                           
--------------------------------------------------------------------------------
11    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON                    

3,338,519                                                       
--------------------------------------------------------------------------------
12    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
                                                                     [ ]
--------------------------------------------------------------------------------
13    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) (see Item 5)       

21.9%                                                           
--------------------------------------------------------------------------------
14    TYPE OF REPORTING PERSON*                                             

IN                                                              
--------------------------------------------------------------------------------

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CUSIP No. 3268Q103             SCHEDULE 13D            Page 4 of 6 Pages

     Reference  is made to the  Statement on Schedule 13D filed on July 8, 2005,
as amended on May 1, 2006 (the "Schedule  13D"),  on behalf of Prentice  Capital
Management,  LP ("PRENTICE  CAPITAL  MANAGEMENT")  and Michael  Zimmerman  ("MR.
ZIMMERMAN"  and,  together  with Prentice  Capital  Management,  the  "REPORTING
PERSONS"), relating to the Class A Common Stock, par value $0.0001 per share, of
Gaiam,  Inc.,  a  Colorado  corporation  (the  "COMPANY").  Unless  the  context
otherwise requires,  references herein to the "Shares" are to the Class A Common
Stock of the Company.                                                           

     The Reporting Persons are making this single, joint filing because they may
be deemed to constitute a "group" within the meaning of Section  13(d)(3) of the
Act.                                                                            

     This  Amendment No. 2 is being filed to correctly list names of the private
investment funds that effected the transactions set forth on Exhibit A.         

     Prentice  Capital  Management  serves as  investment  manager to investment
funds (including  Prentice Capital  Partners,  LP, Prentice Capital Partners QP,
LP,  Prentice  Capital  Offshore,  Ltd.,  Prentice  Special  Opportunities,  LP,
Prentice Special Opportunities Offshore, Ltd. and Prentice Special Opportunities
Master,  L.P.) and manages  investments for certain entities in managed accounts
with  respect to which it has  voting  and  dispositive  authority  over  Shares
reported in this  Schedule  13D. Mr.  Zimmerman  is the  Managing  Member of (a)
Prentice Management GP, LLC, the general partner of Prentice Capital Management,
(b) Prentice  Capital GP, LLC, the general partner of certain  investment  funds
and (c) Prentice  Capital GP II, LLC, the Managing Member of Prentice Capital GP
II, LP, which is the general partner of certain other investment funds. As such,
he may be deemed to  control  Prentice  Capital  Management  and  certain of the
investment  funds and therefore may be deemed to be the beneficial  owner of the
Shares reported in this Schedule 13D.                                           

     Prentice Capital Management  disclaims  beneficial  ownership of all of the
Shares  reported  in this  Schedule  13D.  Mr.  Zimmerman  disclaims  beneficial
ownership  of all of the Shares  reported in this  Schedule  13D not  personally
owned by him.                                                                   

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CUSIP No. 3268Q103             SCHEDULE 13D            Page 5 of 6 Pages

SIGNATURES

     After reasonable inquiry and to the best of his knowledge and belief,  each
of the undersigned certifies that the information set forth in this statement is
true, complete and correct.                                                     

Dated: May 3, 2006                                                              

PRENTICE CAPITAL MANAGEMENT, LP                                                 

By:/s/ Michael Weiss                                                            
----------------------------------                                        
Name:  Michael Weiss                                                      
Title: Chief Financial Officer                                            

MICHAEL ZIMMERMAN                                                               

/s/ Michael Zimmerman                                                           
-------------------------------------                                           
Michael Zimmerman                                                               

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CUSIP No. 3268Q103           SCHEDULE 13D          Page 6 of 6 Pages      
 EXHIBIT A

LIST OF TRANSACTIONS

            Name                      Date    Number of Shares   Price Per Share
                             Purchased/ (Sold)

Prentice Capital Offshore, Ltd.     11/22/05       (92,521)          $13.65     

Prentice Capital Partners QP, LP    11/22/05       (27,564)          $13.65     

Prentice Capital Partners, LP       11/22/05        (5,641)          $13.65     

Managed Accounts                    11/22/05       (27,023)          $13.65     

Managed Accounts                    11/22/05       (97,251)          $13.65     

Prentice Special Opportunities                                                  
Master, L.P.                        04/28/06       146,000           $14.00     

Prentice Special Opportunities,     04/28/06        54,000           $14.00     
LP

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Dates Referenced Herein and Documents Incorporated by Reference

		Referenced-On Page
This ‘SC 13D/A’ Filing	Date	First	Last	Other Filings

Filed on:	5/3/06	6		4/A
	5/1/06	5		4, DEF 14A, SC 13D
	12/31/05	1		10-K, 13F-HR, 13F-HR/A, 5
	11/22/05	1		4, 4/A
	7/8/05	5		SC 13D
				List all Filings

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Filing Submission 0000902664-06-001345 – Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

Prentice Capital Management, LP – ‘SC 13D/A’ on 5/3/06 re: Gaiam, Inc

On: Wednesday, 5/3/06, at 5:27pm ET · Accession #: 902664-6-1345 · File #: 5-58429

Previous ‘SC 13D’: ‘SC 13D’ on 5/1/06 · Next: ‘SC 13D’ on 6/15/06 · Latest: ‘SC 13D/A’ on 8/3/16

Amendment to General Statement of Beneficial Ownership — Schedule 13DFiling Table of Contents

Document Table of Contents

Dates Referenced Herein and Documents Incorporated by Reference

Amendment to General Statement of Beneficial Ownership — Schedule 13D
Filing Table of Contents