Filing Details

Accession Number:
0000902664-16-008931
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-11-30 19:03:16
Reporting Period:
2016-11-28
Filing Date:
2016-11-30
Accepted Time:
2016-11-30 19:03:16
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1014111 Imation Corp IMN Magnetic & Optical Recording Media (3695) 411838504
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1134119 Clinton Group Inc 510 Madison Ave
8Th Fl
New York NY 10022
Yes No No Yes
1566939 E. George Hall C/O Clinton Group Inc, 510 Madison Ave.
8Th Floor
New York NY 10022
Yes No No Yes
1567108 Clinton Relational Opportunity Master Fund, L.p. C/O Clinton Group, Inc.
510 Madison Ave., 8Th Floor
New York NY 10022
Yes No No Yes
1577073 Clinton Relational Opportunity Llc C/O Clinton Group Inc.
510 Madison Ave., 8Th Floor
New York NY 10022
Yes No No Yes
1584551 Geh Capital Inc. C/O Clinton Group Inc., 601 Lexington Av
51St Floor
New York NY 10022
Yes No No Yes
1621471 Ltd. Fund Master Opportunities Special Clinton C/O Clinton Group Inc.
510 Madison Ave, 8Th Fl
New York NY 10022
Yes No No Yes
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2016-11-28 11,706 $0.79 1,439,566 No 4 P Indirect See footnotes
Common Stock Acquisiton 2016-11-29 100,000 $1.05 1,539,566 No 4 P Indirect See footnotes
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect See footnotes
No 4 P Indirect See footnotes
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.765 to $0.8, inclusive. The Reporting Persons undertake to provide to Imation Corp., any security holder of Imation Corp., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth herein.
  2. The securities reported herein may be deemed to be indirectly beneficially owned by Mr. George E. Hall ("Mr. Hall"), which securities are directly held by: (i) GEH Capital, Inc., which is indirectly owned by Mr. Hall and (ii) Clinton Relational Opportunity Master Fund, L.P. ("CREL") and Clinton Special Opportunities Master Fund Ltd. ("CSO"), of which Clinton Group, Inc. ("CGI") is also deemed to be the indirect beneficial owner of such securities by virtue of its position as investment manager of CSO and its ownership of Clinton Union League, LLC (formerly known as Clinton Relational Opportunity, LLC), which serves as the investment manager of CREL. Mr. Hall serves as the Chief Executive Officer of CGI.
  3. For purposes of Rule 16a-1(a)(2) of the 1934 Act, each of the Reporting Persons disclaim beneficial ownership of such securities, and this report shall not be deemed an admission that any Reporting Person is the beneficial owner of the securities for the purpose of Section 16 or for any other purpose, except to the extent of such Reporting Person's pecuniary interest therein. Mr. Joseph A. DePerio ("Mr. DePerio") is an employee of CGI and serves as a member of the board of directors of the Issuer. Mr. DePerio submits his Section 16 filings independent of CGI. Each Reporting Person disclaims beneficial ownership of any and all securities beneficially owned by Mr. DePerio.
  4. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.8395 to $1.14, inclusive. The Reporting Persons undertake to provide to Imation Corp., any security holder of Imation Corp., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth herein.