Page 10 of 12 SEC Filing
This Amendment No. 4 to Schedule 13D amends and supplements the Schedule 13D filed by the Reporting Persons
with respect to the Common Stock, par value $0.0001 per share (“Common Stock”), of Inventure Foods, Inc., a Delaware corporation (the “Issuer”). Except as set forth below, all previous Items remain unchanged. Capitalized terms
used herein but not defined herein shall have the meanings given to them in the Schedule 13D, as amended, filed with the Securities and Exchange Commission. Each of the Reporting Persons hereby expressly disclaims membership in a “group”
under the Securities Exchange Act of 1934 with respect to the securities reported herein, and this Schedule 13D shall not be deemed to be an admission that any such Reporting Person is a member of such a group. Each of the Reporting Persons hereby
expressly disclaims beneficial ownership of the securities reported herein, other than to the extent of its pecuniary interest therein, and this Schedule 13D shall not be deemed to be an admission that any such Reporting Person is the beneficial
owner of the securities reported herein for purposes of the Securities Exchange Act of 1934 or for any other purpose.
Item 3. Source and
Amount of Funds or Other Consideration
Item 3 is hereby supplemented as follows:
PDP acquired an additional 150,000 shares of Common Stock in open market transactions for an aggregate purchase price of approximately $827,000 using working
capital. Micro acquired an additional 6,839 shares of Common Stock in open market transactions for an aggregate purchase price of approximately $39,000 using working capital. Core acquired an additional 3,375 shares of Common Stock in open market
transactions for an aggregate purchase price of approximately $19,000 using working capital. LIP acquired 50,000 shares of Common Stock in open market transactions for an aggregate purchase price of approximately $361,000 using working capital. LIP2
acquired 1,740 shares of Common Stock in open market transactions for an aggregate purchase price of approximately $13,000 using working capital. J. Luther King, Jr. acquired 3,500 shares of Common Stock in open market transactions for an aggregate
purchase price of approximately $25,000 using personal funds.
Item 5. Interest in Securities of the Issuer
Item 5 is hereby amended and restated as follows:
(a) As of
January 20, 2016, the Reporting Persons may be deemed to beneficially own 1,969,981shares of Common Stock (which represents approximately 10.0% of the outstanding Common Stock based upon information contained in the Issuer’s Form 10-Q for
the period ended September 26, 2015).
| (b) |
| Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | |||||||||||||
| PDP | 1,178,000 | 0 | 1,178,000 | 0 | ||||||||||||
| Micro | 43,389 | 0 | 43,389 | 0 | ||||||||||||
| Core | 14,922 | 0 | 14,922 | 0 | ||||||||||||
| LIP | 700,000 | 0 | 700,000 | 0 | ||||||||||||
| LIP2 | 25,315 | 0 | 25,315 | 0 | ||||||||||||
| LKCM | 1,961,626 | 0 | 1,961,626 | 0 | ||||||||||||
| J. Luther King, Jr. | 1,969,981 | 0 | 1,969,981 | 0 | ||||||||||||
| J. Bryan King | 1,236,311 | 0 | 1,236,311 | 0 | ||||||||||||
(c) Since the most recent filing of Schedule 13D, the Reporting Persons purchased the following shares of Common Stock in open
market transactions.
| Date | Reporting Person | Shares Purchased | Price | |||||||
| 12/15/2015 | LIP | 50,000 | $ | 7.185 | ||||||
| 12/15/2015 | LIP2 | 1,740 | $ | 7.185 | ||||||
| 12/15/2015 | L King | 3,500 | $ | 7.150 | ||||||
| 01/19/2016 | PDP | 61,487 | $ | 5.521 | ||||||
| 01/20/2016 | PDP | 88,513 | $ | 5.463 | ||||||
| 01/20/2016 | Micro | 6,839 | $ | 5.663 | ||||||
| 01/20/2016 | Core | 3,375 | $ | 5.663 | ||||||
(d) Not applicable.
(e) Not
applicable.
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