0000902664-15-004523.txt : 20151215
0000902664-15-004523.hdr.sgml : 20151215
20151215183721
ACCESSION NUMBER: 0000902664-15-004523
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20151214
FILED AS OF DATE: 20151215
DATE AS OF CHANGE: 20151215
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: 151289582
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: 151289583
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: 151289584
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 Magnolia Master Fund, Ltd.
CENTRAL INDEX KEY: 0001567109
STATE OF INCORPORATION: E9
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-14310
FILM NUMBER: 151289585
BUSINESS ADDRESS:
STREET 1: C/O CLINTON GROUP INC., 510 MADISON AVE.
STREET 2: 8TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10022
BUSINESS PHONE: 212-825-0400
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: 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: 151289587
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
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: 151289586
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
4
1
p15-2333form4.xml
CLINTON GROUP, INC.
X0306
4
2015-12-14
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.
0001567109
Clinton Magnolia Master Fund, Ltd.
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
2015-12-14
4
P
0
30000
1.275
A
1741001
I
See footnotes
Common Stock
2015-12-14
4
S
0
36100
1.308
D
1704901
I
See footnotes
Common Stock
82490
I
See footnotes
The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.265 to $1.28, 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.
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 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. 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 sold in multiple transactions at prices ranging from $1.26 to $1.33, 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. 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
2015-12-15
Clinton Relational Opportunity Master Fund, L.P., By: Clinton Relational Opportunity, LLC, its Investment Manager, By:/s/ John Hall, its Authorized Signatory
2015-12-15
Clinton Magnolia Master Fund Ltd., By: Clinton Group, Inc., its investment advisor, By: /s/ George Hall, its President
2015-12-15
Clinton Relational Opportunity, LLC, By:/s/ John Hall, its Authorized Signatory
2015-12-15
GEH CAPITAL, INC., /s/ Francis Ruchalski
2015-12-15
/s/ George Hall
2015-12-15