SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0104
Estimated average burden
hours per response: 0.5
1. Name and Address of Reporting Person*
VILLAGE ROADSHOW ATTRACTIONS USA INC.

(Last) (First) (Middle)
10100 SANTA MONICA BLVD, SUITE 200

(Street)
LOS ANGELES CA 90067

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
01/31/2018
3. Issuer Name and Ticker or Trading Symbol
iPic Entertainment Inc. [ IPIC ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Membership Interests in iPic Gold Class Holdings LLC (1)(2) (1)(2) Class A Common Stock of Issuer, par value $0.0001 per share 2,801,433 (1)(2) D
Explanation of Responses:
1. Each Membership Interest in iPic Gold Class Holdings LLC (the "LLC Interest") held by the Reporting Person is redeemable by the Reporting Person, for either (i) newly-issued shares of Class A Common Stock of the Issuer, par value $0.0001 per share (the "Class A Common Stock") on a one-for-one basis or (ii) a cash payment equal to a volume weighted average market price of one share of Class A Common Stock for each LLC Interest redeemed (subject to customary adjustments, including for stock splits, stock dividends and reclassifications), at the option of the Issuer. In the event the Reporting Person elects to redeem the LLC Interest, the Issuer may, at its option, instead effect a direct exchange of cash or Class A Common Stock for such LLC Interest in lieu of such a redemption.
2. In addition, the Reporting Person was issued an equivalent number of shares of Class B Common Stock of the Issuer (the "Class B Common Stock") equal to the number of LLC Interests reported above. Such Class B Common Stock has a voting interest in the Issuer, but no economic interest. When the Reporting Person redeems or exchanges his, her or its LLC Interests for shares of Class A Common Stock or for cash, the Issuer will cancel a number of shares of Class B Common Stock equal to the number of LLC Interests so redeemed or exchanged.
Remarks:
/s/ Robert Kirby, on behalf of Village Roadshow Attractions USA Inc. 01/31/2018
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.