Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

13D Filing: Chez Ronald L and Cinedigm Corp. (NASDAQ:CIDM)

You can access the original SEC filing by clicking here.

Ownership Summary Table

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
Ronald L. Chez 1,480,671 0 1,480,671 0 1,480,671 12.2%
Ronald L. Chez, Inc 204,262 0 204,262 0 204,262 1.7%
The Chez Family Foundation, Ronald L. Chez, Trustee 33,374 0 33,374 0 33,374 0.3%

Page 1 of 7 – SEC Filing

UNITED STATES

SECURITIES AND
EXCHANGE COMMISSION

Washington,
D.C. 20549

 

SCHEDULE 13D

(Amendment No.
6)

(Rule 13d-101)

INFORMATION
TO BE INCLUDED IN STATEMENTS FILED PURSUANT 
TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED 
PURSUANT TO RULE 13d-2(a)

Under the Securities
Exchange Act of 1934 

CINEDIGM CORP.

(Name of Issuer)

CLASS A COMMON
STOCK, PAR VALUE $0.001 PER SHARE

(Title of Class
of Securities)

172406209

(CUSIP Number)

Ron Chez

1524 North Astor

Chicago, IL
60610

(312) 944-0987

 

With a Copy
to :

 

Elias Matsakis

Holland &
Knight LLP

131 South Dearborn
Street, 30th Floor

Chicago, IL
60603

(312) 715-5731

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

April 3, 2017

(Date of Event
Which Requires Filing of this Statement)

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 §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box o.

Note: Schedules filed in
paper format should include a signed original and five copies of the schedule, including all exhibits. See § 240.13d-7(b)
for other parties to whom copies are to be sent.

* 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 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).


Follow Cinedigm Corp. (NASDAQ:CIDM)
Trade (NASDAQ:CIDM) Now!

Page 2 of 7 – SEC Filing

CUSIP No.  172406209 13D
1

Names of Reporting Persons
I.R.S. Identification Nos. of Above Persons (entities only)

Ronald L. Chez

2 Check the Appropriate Box if a Member of a Group (See Instructions) (a) ¨
(b) ¨
3 SEC Use Only
4

Source of Funds (See Instructions)

PF

5 Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) ¨
6

Citizenship or Place of Organization

United States of America

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
7

Sole Voting Power

1,480,671 shares of Class A common stock, par value
$0.001 per share
(“Common Stock”) (1)

8

Shared Voting Power

0

9

Sole Dispositive Power

1,480,671 shares of Common Stock (1)

10

Shared Dispositive Power

0

11

Aggregate Amount Beneficially Owned by Each Reporting
Person

1,480,671 shares of Common Stock (1)

12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) ¨
13

Percent of Class Represented by Amount in Row (11)

12.2% (2)

14

Type of Reporting Person (See Instructions)

IN

(1)
Consists of (i) 945,535 shares of Common Stock and currently-exercisable warrants to acquire an aggregate of 297,500 shares
of Common Stock owned by Ronald L. Chez in his individual capacity or owned for Mr. Chez’s benefit
 through
one or more individual retirement accounts established by Mr. Chez and over which Mr. Chez exercise sole voting and dispositive
control, (ii) 204,262 shares of Common Stock issued to Ronald L. Chez, Inc. (“RLCI”), of which Mr. Chez
is the President and sole shareholder, in exchange for strategic advisory services provided to the Issuer, and (iv) 33,374
shares of Common Stock owned by Ronald L. Chez, as trustee of the Chez Family Foundation (the “Chez Foundation”),
over which Mr. Chez exercises voting and dispositive control.

  

(2)  Based on 11,841,634 issued
and outstanding shares of Common Stock, as provided by the Issuer.

Follow Cinedigm Corp. (NASDAQ:CIDM)
Trade (NASDAQ:CIDM) Now!

Page 3 of 7 – SEC Filing

CUSIP No.  172406209 13D
1

Names of Reporting Persons
I.R.S. Identification Nos. of Above Persons (entities only)

Ronald L. Chez, Inc.

2 Check the Appropriate Box if a Member of a Group (See Instructions) (a) ¨
(b) ¨
3 SEC Use Only
4

Source of Funds (See Instructions)

OO

5 Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) ¨
6

Citizenship or Place of Organization

State of Illinois

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
7 Sole Voting Power 
204,262 shares of Common Stock
8

Shared Voting Power

0

9 Sole Dispositive Power 
204,262 shares of Common Stock
10

Shared Dispositive Power

0

11

Aggregate Amount Beneficially Owned by Each Reporting
Person

204,262 shares of Common Stock

12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) ¨
13

Percent of Class Represented by Amount in Row (11)

1.7% (2)

14

Type of Reporting Person (See Instructions)

CO

Follow Cinedigm Corp. (NASDAQ:CIDM)
Trade (NASDAQ:CIDM) Now!

Page 4 of 7 – SEC Filing

CUSIP No.  172406209 13D
1

Names of Reporting Persons
I.R.S. Identification Nos. of Above Persons (entities only)

The Chez Family Foundation, Ronald L. Chez, Trustee

2 Check the Appropriate Box if a Member of a Group (See Instructions) (a) ¨
(b) ¨
3 SEC Use Only
4

Source of Funds (See Instructions)

AF

5 Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) ¨
6

Citizenship or Place of Organization

State of Illinois

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
7 Sole Voting Power 
33,374 shares of Common Stock
8

Shared Voting Power

0

9 Sole Dispositive Power 
33,374 shares of Common Stock
10

Shared Dispositive Power

0

11

Aggregate Amount Beneficially Owned by Each Reporting
Person

33,374 shares of Common Stock

12 Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) ¨
13

Percent of Class Represented by Amount in Row (11)

0.3% (2)

14

Type of Reporting Person (See Instructions)

CO

Follow Cinedigm Corp. (NASDAQ:CIDM)
Trade (NASDAQ:CIDM) Now!

Page 5 of 7 – SEC Filing

SCHEDULE
13D

This Amendment No. 6 (this “Amendment”)
amends the Statement on Schedule 13D filed with the Commission on June 3, 2015, as amended by Amendment No. 1 filed on
June 9, 2015, Amendment No. 2 filed on June 10, 2015, Amendment No. 3 filed on August 3, 2015, Amendment
No. 4 (the “Fourth Amendment”) filed on July 25, 2016, and Amendment No. 5 (the “Fifth Amendment”)
filed on September 27, 2016 (collectively, the “Schedule 13D”), on behalf of Ronald L. Chez, the Chez Foundation,
Sabra Investments, LP, Sabra Capital Partners, LLC and Zvi Rhine.  Capitalized terms used but not defined in this Amendment
shall have the meanings ascribed to such terms in the Schedule 13D.

Prior to this Fifth Amendment, the
Schedule 13D was filed as a joint statement in accordance with the Group Agreement by each of Mr. Chez, the Chez Foundation,
Sabra Investments, LP, Sabra Capital Partners, LLC and Zvi Rhine pursuant to Rule 13d-1(k) promulgated under the Securities
Exchange Act of 1934, as amended (the “Exchange Act”). The Group Agreement subsequently was terminated effective
as of July 30, 2015 pursuant to the Termination Agreement.  Accordingly, effective as of July 30, 2015, the Chez
Reporting Person and each of the Sabra Reporting Persons were no longer part members of a Section 13(d) group with one
another, and to the extent required by law, became responsible for separately filing statements on Schedule 13D with respect to
their respective investments in securities of the Issuer.

This Amendment is filed by Mr. Chez,
RLCI and the Chez Foundation, only. Except as otherwise provided herein, each Item of the Schedule 13D remains unchanged.

Item 1. Security and Issuer.

No change.

Item 2. Identity and Background.

No change.

Item 3. Source and Amount of Funds
or Other Consideration.

No change.

Item 4. Purpose of the Transaction.

See Item 6 below.

Other than as described in this Schedule
13D, the Reporting Persons do not have any current plans or proposals that relate to or that would result in any of the transactions
or other matters specified in clauses (a) through (j) of Item 4 of Schedule 13D; provided that the Reporting Persons
may, at any time, review or reconsider their position with respect to the Issuer and reserve the right to develop such plans or
proposals.

Item 5. Interest in Securities of
the Issuer.

Item 5(c) of the Schedule 13D is hereby amended to add the following:

(c)       Except
as set forth below with respect to shares of Common Stock sold on the open market in the ordinary course of business, there have
been no transaction in the securities of the Issuer by any of the Reporting Persons during the past sixty (60) days:

Follow Cinedigm Corp. (NASDAQ:CIDM)
Trade (NASDAQ:CIDM) Now!

Page 6 of 7 – SEC Filing

Date

 

Security

Amount Acquired

(Disposed)

Price

 

Description of Transaction

3/6/17 Common Stock 49,262 $0 Grant from Issuer for payment of board of directors service
4/3/17 Common Stock (179,000) $0 Gift

Item 6. Contracts, Arrangements,
Undertakings or Relationships with Respect to Securities of the Issuer.

Effective April 3, 2017, Mr. Chez and
the Issuer entered into a Strategic Advisor Agreement, pursuant to which Mr. Chez resigned from the Board of Directors of the Issuer
and became a strategic advisor to the Issuer.

Item 7. Materials to Be Filed
as Exhibits.

Exhibit Index

Exhibit
No.
Description of Exhibit
99.1 Strategic Advisor Agreement dated as of April 3, 2017 between the Issuer and Ronald L. Chez.*

*Filed herewith.

Follow Cinedigm Corp. (NASDAQ:CIDM)
Trade (NASDAQ:CIDM) Now!

Page 7 of 7 – SEC Filing

SIGNATURES

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

Dated:  April 5, 2017

By: /s/ Ronald L. Chez
Ronald L. Chez
RONALD L. CHEZ, INC.
By: /s/ Ronald L. Chez
Name: Ronald L. Chez
Title: President
THE CHEZ FAMILY FOUNDATION
By: /s/ Ronald L. Chez
Name: Ronald L. Chez
Title: Trustee
Follow Cinedigm Corp. (NASDAQ:CIDM)
Trade (NASDAQ:CIDM) Now!