Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN 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(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
ISGUR LEE S
  2. Issuer Name and Ticker or Trading Symbol
EDIETS COM INC [DIET]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
ONE CEDAR LANE
3. Date of Earliest Transaction (Month/Day/Year)
05/13/2011
(Street)

WOODSIDE, CA 94062
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 05/13/2011   X   98,964 (6) A $ 0.4125 904,663 D  
Common Stock               2,000 I By Gilbert Isgur Trust

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Options (right to buy) $ 3.22               (1) 10/03/2011 Common Stock 37,500   37,500 D  
Stock Options (right to buy) $ 3.79               (1) 04/02/2012 Common Stock 49,088   49,088 D  
Stock Options (right to buy) $ 6.03               (1) 01/02/2013 Common Stock 33,181   33,181 D  
Stock Options (right to buy) $ 3.37               (1) 01/02/2014 Common Stock 59,383   59,383 D  
Stock Options (right to buy) $ 2.81               (1) 07/15/2014 Common Stock 12,500   12,500 D  
Stock Options (right to buy) $ 2.96               (1) 07/19/2014 Common Stock 12,500   12,500 D  
Stock Options (right to buy) $ 4.32               (1) 01/02/2015 Common Stock 12,500   12,500 D  
Stock Options (right to buy) $ 0.9438               (2) 06/24/2019 Common Stock 25,000   25,000 D  
Warrants $ 1.2             07/15/2009 07/15/2019 Common Stock 45,000   45,000 D  
Stock Options (right to buy) $ 0.985               (1) 07/28/2019 Common Stock 7,714   7,714 D  
Warrants $ 1.2             09/11/2009 09/11/2019 Common Stock 42,453   42,453 D  
Stock Options (right to buy) $ 1.53               (3) 11/19/2019 Common Stock 25,000   25,000 D  
Stock Options (right to buy) $ 1.39               (1) 01/04/2020 Common Stock 110,601   110,601 D  
Stock Options (right to buy) $ 1               (4) 08/23/2020 Common Stock 25,000   25,000 D  
Warrants $ 0.3535             02/07/2011 02/07/2014 Common Stock 121,212   121,212 D  
Stock Options (right to buy) $ 0.57               (5) 03/15/2021 Common Stock 200,000   200,000 D  
Subscription Rights (right to buy) $ 0.4125 05/13/2011   X     579,764 04/21/2011 05/13/2011 Common Stock 98,964 (6) $ 0 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
ISGUR LEE S
ONE CEDAR LANE
WOODSIDE, CA 94062
  X      

Signatures

 /s/ Lee S. Isgur   05/23/2011
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) These options are immediately exercisable.
(2) Exercisable according to the following vesting schedule: 8,250 beginning on June 24, 2010; 8,250 beginning on June 24, 2011 and 8,500 beginning on June 24, 2012.
(3) Exercisable according to the following vesting schedule: 8,250 beginning on November 19, 2010; 8,250 beginning on November 19, 2011 and 8,500 beginning on November 19, 2012.
(4) Exercisable according to the following vesting schedule: 8,250 beginning on August 23, 2011; 8,250 beginning on August 23, 2012 and 8,500 beginning on August 23, 2013.
(5) Exercisable according to the following vesting schedule: 100,000 beginning on May 3, 2011; 50,000 beginning on July 1, 2011 and 50,000 beginning on October 1, 2011.
(6) Pursuant to Rights Offering Registration No. 333-173315

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