0000902664-15-004465.txt : 20151209 0000902664-15-004465.hdr.sgml : 20151209 20151209203706 ACCESSION NUMBER: 0000902664-15-004465 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20151207 FILED AS OF DATE: 20151209 DATE AS OF CHANGE: 20151209 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: IMATION CORP CENTRAL INDEX KEY: 0001014111 STANDARD INDUSTRIAL CLASSIFICATION: MAGNETIC & OPTICAL RECORDING MEDIA [3695] IRS NUMBER: 411838504 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1 IMATION PL CITY: OAKDALE STATE: MN ZIP: 55128 BUSINESS PHONE: 6517044000 MAIL ADDRESS: STREET 1: 1 IMATION PLACE CITY: OAKDALE STATE: MN ZIP: 55128 FORMER COMPANY: FORMER CONFORMED NAME: 3M INFORMATION PROCESSING INC DATE OF NAME CHANGE: 19960619 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Hall George E. CENTRAL INDEX KEY: 0001566939 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-14310 FILM NUMBER: 151279493 MAIL ADDRESS: STREET 1: C/O CLINTON GROUP INC, 510 MADISON AVE. STREET 2: 8TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: GEH Capital Inc. CENTRAL INDEX KEY: 0001584551 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-14310 FILM NUMBER: 151279494 BUSINESS ADDRESS: STREET 1: C/O CLINTON GROUP INC., 601 LEXINGTON AV STREET 2: 51ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-825-0400 MAIL ADDRESS: STREET 1: C/O CLINTON GROUP INC., 601 LEXINGTON AV STREET 2: 51ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Clinton Relational Opportunity LLC CENTRAL INDEX KEY: 0001577073 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-14310 FILM NUMBER: 151279495 BUSINESS ADDRESS: STREET 1: C/O CLINTON GROUP INC. STREET 2: 510 MADISON AVE., 8TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-825-0400 MAIL ADDRESS: STREET 1: C/O CLINTON GROUP INC. STREET 2: 510 MADISON AVE., 8TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Clinton Relational Opportunity Master Fund, L.P. CENTRAL INDEX KEY: 0001567108 STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-14310 FILM NUMBER: 151279496 BUSINESS ADDRESS: STREET 1: C/O CLINTON GROUP, INC. STREET 2: 510 MADISON AVE., 8TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-825-0400 MAIL ADDRESS: STREET 1: C/O CLINTON GROUP, INC. STREET 2: 510 MADISON AVE., 8TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: CLINTON GROUP INC CENTRAL INDEX KEY: 0001134119 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-14310 FILM NUMBER: 151279497 BUSINESS ADDRESS: STREET 1: 510 MADISON AVE STREET 2: 8TH FL CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 2128250400 MAIL ADDRESS: STREET 1: 510 MADISON AVE STREET 2: 8TH FL CITY: NEW YORK STATE: NY ZIP: 10022 4 1 p15-2307form4.xml IMATION CORP X0306 4 2015-12-07 0 0001014111 IMATION CORP IMN 0001134119 CLINTON GROUP INC 510 MADISON AVE 8TH FL NEW YORK NY 10022 1 0 0 1 See remarks. 0001567108 Clinton Relational Opportunity Master Fund, L.P. C/O CLINTON GROUP, INC. 510 MADISON AVE., 8TH FLOOR NEW YORK NY 10022 1 0 0 1 See remarks. 0001577073 Clinton Relational Opportunity LLC C/O CLINTON GROUP INC. 510 MADISON AVE., 8TH FLOOR NEW YORK NY 10022 1 0 0 1 See remarks. 0001584551 GEH Capital Inc. C/O CLINTON GROUP INC., 510 MADISON AVE. 8TH FLOOR NEW YORK NY 10022 1 0 0 1 See remarks. 0001566939 Hall George E. C/O CLINTON GROUP INC, 510 MADISON AVE. 8TH FLOOR NEW YORK NY 10022 1 0 0 1 See remarks. Common Stock 2015-12-07 4 S 0 110416 1.5004 D 1600001 I See footnotes Common Stock 2015-12-08 4 P 0 111000 1.5672 A 1711001 I See footnotes Common Stock 82490 I See footnotes The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.39 to $1.78, 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 sold at each separate price within the ranges set forth herein. The securities reported on this line may be deemed to be indirectly beneficially owned by Clinton Group, Inc. ("CGI"), which securities are directly held by Clinton Relational Opportunity Master Fund, L.P. ("CREL"), Clinton Magnolia Master Fund, Ltd. ("CMMF"), a mutual fund portfolio ("WKCAX") and another mutual fund portfolio ("CASF"). CGI is deemed to be the indirect beneficial owner of such securities by virtue of its position as investment manager of CMMF and its ownership of Clinton Relational Opportunity, LLC, which serves as the investment manager of CREL, and sub-advisory agreements governing each of WKCAX and CASF. Mr. George E. Hall ("Mr. Hall") serves as the Chief Executive Officer of CGI. Mr. Hall is deemed to be the indirect beneficial owner of such securities by virtue of his direct and indirect control of CGI. 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 owners 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. CGI disclaims beneficial ownership of any and all securities beneficially owned by Mr. DePerio. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.42 to $1.71, 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. On behalf of the Reporting Persons, CGI has agreed to disgorge to the issuer all statutory "profits" pursuant to Section 16(b) of the Securities Exchange Act of 1934 that resulted from the transactions reported herein. The securities reported on this line may be deemed to be indirectly beneficially owned by Mr. Hall, which securities are directly held by GEH Capital, Inc. ("GEHC"). Mr. Hall is deemed to be the indirect beneficial owner of such securities by virtue of his indirect ownership of GEHC. Because Mr. DePerio, an employee of CGI, serves as a member of the board of directors of the Issuer, each of the Reporting Persons may be deemed to be a director by deputization. Clinton Group, Inc., By: /s/ George Hall, its President 2015-12-09 Clinton Relational Opportunity Master Fund, L.P., , By: Clinton Relational Opportunity, LLC, its Investment Manager, , By:/s/ John Hall, its Authorized Signatory 2015-12-09 Clinton Relational Opportunity, LLC, By:/s/ John Hall, its Authorized Signatory 2015-12-09 GEH CAPITAL, INC., /s/ Francis Ruchalski 2015-12-09 /s/ George Hall 2015-12-09