UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 3
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
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(f) of the Investment Company Act of 1940
(Print or Type Responses)
_______________________________________________________________________________
1. Name and Address of Reporting Person*
Miller, III Lloyd I.
--------------------------------------------------------------------------------
(Last) (First) (Middle)
4550 Gordon Drive
--------------------------------------------------------------------------------
(Street)
Naples FL 34102
--------------------------------------------------------------------------------
(City) (State) (Zip)
________________________________________________________________________________
2. Date of Event Requiring Statement (Month/Day/Year)
August 22, 2001
________________________________________________________________________________
3. IRS or Social Security Number of Reporting Person (Voluntary)
279-42-7925
________________________________________________________________________________
4. Issuer Name AND Ticker or Trading Symbol
Fairmarket Inc.- FAIM
________________________________________________________________________________
5. Relationship of Reporting Person to Issuer
(Check all applicable)
[_] Director [X] 10% Owner
[_] Officer (give title below) [_] Other (specify below)
________________________________________________________________________________
6. If Amendment, Date of Original (Month/Day/Year)
August 31, 2001
________________________________________________________________________________
7. Individual or Joint/Group Filing (Check applicable line)
[X] Form Filed by One Reporting Person
[_] Form Filed by More than One Reporting Person
================================================================================
TABLE I -- NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
================================================================================
3. Ownership Form:
2. Amount of Securities Direct (D) or
1. Title of Security Beneficially Owned Indirect (I) 4. Nature of Indirect Beneficial Ownership
(Instr. 4) (Instr. 4) (Instr. 5) (Instr. 4)
------------------------------------------------------------------------------------------------------------------------------------
Common Stock 970,888(1) I By Lloyd III. Miller, Trust A-4
------------------------------------------------------------------------------------------------------------------------------------
Common Stock 707,082(1) I By Milfam II, L.P.
------------------------------------------------------------------------------------------------------------------------------------
Common Stock 439,501(1) I By Lloyd III. Miller, Trust C
------------------------------------------------------------------------------------------------------------------------------------
Common Stock 12,900(1) I By Lloyd I. Miller, III, Trustee,
GST f/b/o Catherine C. Miller
------------------------------------------------------------------------------------------------------------------------------------
Common Stock 12,800(1) I By Lloyd I. Miller, III, custodian under
Florida UGMA for Alexandra B. Miller
------------------------------------------------------------------------------------------------------------------------------------
Common Stock 15,400(1) I By Lloyd I. Miller, III, Trustee,
GST f/b/o Kimberly S. Miller
------------------------------------------------------------------------------------------------------------------------------------
Common Stock 15,400(1) I By Lloyd III. Miller, LLC
------------------------------------------------------------------------------------------------------------------------------------
Common Stock 9,000(1) I By Wife
------------------------------------------------------------------------------------------------------------------------------------
Common Stock 176,253(1) I By Milfam I, L.P.
------------------------------------------------------------------------------------------------------------------------------------
Common Stock 10,500(1) I By Lloyd I. Miller, III, custodian under
Florida UGMA for Tyler Dulmage
------------------------------------------------------------------------------------------------------------------------------------
Common Stock 10,500(1) I By Lloyd I. Miller, III, custodian under
Florida UGMA for Wylie Dulmage
====================================================================================================================================
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
5(b)(v).
(Over)
FORM 3 (CONTINUED)
TABLE II -- DERIVATIVE SECURITIES BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
================================================================================
5. Owner-
3. Title and Amount of Securities ship
Underlying Derivative Security Form of
2. Date Exercisable (Instr. 4) Derivative
and Expiration Date --------------------------------- 4. Conver- Security:
(Month/Day/Year) Amount sion or Direct 6. Nature of
---------------------- or Exercise (D) or Indirect
Date Expira- Number Price of Indirect Beneficial
1. Title of Derivative Exer- tion of Derivative (I) Ownership
Security (Instr. 4) cisable Date Title Shares Security (Instr. 5) (Instr. 5)
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
====================================================================================================================================
Explanation of Responses:
(1) The reporting person disclaims beneficial ownership of these securities, and
this report shall not be deemed an admission that the reporting person is the
beneficial owner of such securities for the purposes of Section 16 or for any
other purpose, except to the extent of his pecuniary interest therein.
(2) On August 31, 2001 the reporting person filed an initial Form 3, which, due
to a clerical error did not report indirect beneficial ownership of 14,400
shares of common stock.
/s/ Lloyd I. Miller, III 5/28/02
--------------------------------------------- -----------------------
**Signature of Reporting Person Date
** Intentional misstatements or omissions of facts constitute Federal Criminal
Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space provided is insufficient, See Instruction 6 for procedure.
Potential persons who are to respond to the collection of information contained
in this form are note required to respond unless the form displays a currently
valid OMB Number.
Page 2 of 3
________________________________________________________________________________
1. Name and Address of Reporting Person:
Miller, III Lloyd I.
________________________________________________________________________________
2. Issuer Name and Ticker or Trading Symbol
Fairmarket Inc.- FAIM
________________________________________________________________________________
3. Date of Event Requiring Statement (Month/Day/Year)
August 22, 2001
________________________________________________________________________________
(Continued)
================================================================================
TABLE I -- NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
================================================================================
3. Ownership Form:
2. Amount of Securities Direct (D) or
1. Title of Security Beneficially Owned Indirect (I) 4. Nature of Indirect Beneficial Ownership
(Instr. 4) (Instr. 4) (Instr. 4) (Instr. 5)
------------------------------------------------------------------------------------------------------------------------------------
Common Stock 15,000(1) I By Lloyd I. Miller, III, co-Trustee,
Crider GST
------------------------------------------------------------------------------------------------------------------------------------
Common Stock 14,400(2)(1) I By Kimberley S. Miller
------------------------------------------------------------------------------------------------------------------------------------
Common Stock 505,307 D
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
====================================================================================================================================
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).
Page 3 of 3