Filing Details

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

 

SCHEDULE 13D

(Rule 13d-101)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT

TO § 240.13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO

§ 240.13d-2(a)

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 14)

 

 

National CineMedia, Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

635309107

(CUSIP Number)

Michael D. Cavalier

Executive Vice President, General Counsel and Secretary

Cinemark Holdings, Inc.

3900 Dallas Parkway

Plano, Texas 75093

(972) 665-1000

(Name, Address and Telephone Number of Person

Authorized to Receive Notices and Communications)

March 23, 2023

(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.

The remainder of this cover page shall be filled out for a reporting persons 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 page 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).

 

 

 

CUSIP No. 635309107

 

1		Names of Reporting Persons     Cinemark Holdings, 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 Item 2(d) or 2(e)     ☐
6		Citizenship or Place of Organization     Delaware

Number of Shares  Beneficially  Owned by Each Reporting Person With				7		Sole Voting Power     43,690,797 shares
				8		Shared Voting Power     -0- shares
				9		Sole Dispositive Power     43,690,797 shares
				10		Shared Dispositive Power     -0- shares

11		Aggregate Amount Beneficially Owned by Each Reporting Person     43,690,797 shares
12		Check if the Aggregate Amount in Row (11) Excludes Certain Shares (see Instructions)     ☐
13		Percent of Class Represented by Amount in Row     25.35%
14		Type of Reporting Person (See Instructions)     HC

EXPLANATORY NOTE

This Amendment No. 14 (Amendment No. 14) amends the Schedule 13D first filed on March 28, 2011, and as amended subsequently (the Schedule 13D), by Cinemark Holdings, Inc. (the Reporting Person) with respect to the common stock, par value $0.01 per share of the Issuer (the Common Stock). This Amendment No. 14 reflects changes to Items 3, 4 and 5 of the Schedule 13D. Capitalized terms used but not otherwise defined herein shall have their respective meanings under the Schedule 13D.

 

Item 2.

Identity and Background

The information set forth on Schedule A is incorporated herein by reference.

 

Item 3.

Source and Amount of Funds or Other Consideration

Item 3 is hereby amended to add the following:

On March 23, 2023, pursuant to the redemption rights in the National CineMedia, LLC Operating Agreement, Cinemark Media, Inc. received 1,720,935 newly issued shares of Common Stock in exchange for 1,720,935 Units of National CineMedia, LLC (the NCM Units). No payments were made by or on behalf of any party in connection with the redemption. After giving effect to the redemption Reporting Person, through its indirect wholly-owned subsidiary, Cinemark Media, Inc., does not own any NCM Units.

 

Item 4.

Purpose of Transaction

The information set forth in Item 3 above is incorporated herein by reference.

Item 4 is hereby amended to add the following:

The Reporting Person acquired the shares of Common Stock referred to in Item 3 of this Amendment No. 14 for investment purposes. Except as set forth above, the reporting person has no present plans or proposals which relate to or would result in any of the events listed in Item 4(a) (j).

 

Item 5.

Interest in Securities of the Issuer

The information set forth in Item 3 above is incorporated herein by reference.

Item 5 is hereby amended as follows:

(a) Including the Common Stock referred to in this Amendment No. 14, the Reporting Person, through its wholly-owned subsidiary, Cinemark USA, Inc. and its wholly-owned subsidiary Cinemark Media, Inc., currently may be deemed to beneficially own 43,690,797 shares of Common Stock. Cinemarks beneficial ownership of 43,690,797 shares of Common Stock equals approximately 25.35% of the Issuers issued and outstanding shares of Common Stock on an as-converted basis as of the filing date based upon 172,329,392 shares of Common Stock issued and outstanding as of December 30, 2022, as reported in the Issuers Form 10-Q, as amended, filed on November 9, 2022 (after giving effect to the issuances reported pursuant to the the Issuers Form 8-K filed on December 2, 2022, and the Issuers Form 8-K filed on December 30, 2022).

Neither the filing of this Amendment No. 14 nor any of its contents shall be deemed to constitute an admission that any executive officer or director of the Reporting Person or any of its subsidiaries listed on Schedule A hereto, is the beneficial owner of the Common Stock subject of this Amendment No. 14 for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, or for any other purpose, and such beneficial ownership is expressly disclaimed.

Schedule A

Directors and Executive Officers

The name, principal occupation and business address of each director and executive officer of the Reporting Person are set forth below. All of the persons listed below are citizens of the United States of America, unless otherwise indicated.

 

Name		Business Address		Present Principal Occupation and Position(s) with Reporting Person
Darcy M. Antonellis		3900 W. Alameda Ave., Suite 1700 Burbank, CA 91505		Director of Reporting Person
Benjamin D. Chereskin		1220 S. Highway 89 Jackson, WY 83001		President, Profile Capital Management LLC Director of Reporting Person
Nancy S. Loewe		2631 SW 172nd Street Burien, WA 98166		CFOCelLink Director of Reporting Person
Kevin Mitchell		2401 Rose Pointe Athens, TX 75752		Director of Reporting Person
Steven P. Rosenberg		12036 Arbargee Circle Dallas, TX 75230		Manager, SPR Ventures, Inc. Director of Reporting Person
Enrique F. Senior		711 Fifth Avenue New York, NY 10022		Managing Director, Allen & Co. LLC Director of Reporting Person
Carlos M. Sepulveda		12700 Park Central Drive, Suite 1700 Dallas, TX 75251		Chairman of the Board, Triumph Financial Director of Reporting Person
Raymond W. Syufy		150 Pelican Way San Rafael, CA 94901		CEO, Syufy Enterprises Director of Reporting Person
Nina Vaca		5501 Lyndon B. Johnson Freeway, Suite 600, Dallas, TX 75240		Chairman & CEO, Pinnacle Group Director of Reporting Person
Mark Zoradi		2941 Olney Place Burbank, CA 91504		Director of Reporting Person
Sean Gamble		3900 Dallas Parkway Plano, TX 75093		President and CEO Director of Reporting Person
Melissa Thomas		3900 Dallas Parkway Plano, TX 75093		Chief Financial Officer
Valmir Fernandes		3900 Dallas Parkway Plano, TX 75093		PresidentCinemark International, L.L.C     Citizen of Brazil
Michael Cavalier		3900 Dallas Parkway Plano, TX 75093		Executive Vice President General Counsel and Business Affairs; Secretary

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

Date: March 27, 2023				CINEMARK HOLDINGS, INC
				By:		/s/ Michael D. Cavalier
				Name:		Michael D. Cavalier
				Title:		Executive Vice President General Counsel and Business Affairs and Secretary