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Filing Details

Accession Number:: 0000902664-16-008990
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2016-12-05 17:52:05
Reporting Period:: 2016-12-01

Filing Date:: 2016-12-05
Accepted Time:: 2016-12-05 17:52:05
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1014111	Imation Corp	IMN	Magnetic & Optical Recording Media (3695)	411838504

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
1134119	Clinton Group Inc	510 Madison Ave 8Th Fl New York NY 10022	Yes	No	No	Yes
1566939	E. George Hall	C/O Clinton Group Inc, 510 Madison Ave. 8Th Floor New York NY 10022	Yes	No	No	Yes
1567108	Clinton Relational Opportunity Master Fund, L.p.	C/O Clinton Group, Inc. 510 Madison Ave., 8Th Floor New York NY 10022	Yes	No	No	Yes
1577073	Clinton Union League, Llc	C/O Clinton Group Inc. 510 Madison Ave., 8Th Floor New York NY 10022	Yes	No	No	Yes
1584551	Geh Capital Inc.	C/O Clinton Group Inc., 601 Lexington Av 51St Floor New York NY 10022	Yes	No	No	Yes
1621471	Ltd. Fund Master Opportunities Special Clinton	C/O Clinton Group Inc. 510 Madison Ave, 8Th Fl New York NY 10022	Yes	No	No	Yes

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2016-12-01	34,821	$0.99	1,574,387	No	4	P	Indirect	See footnotes
Common Stock	Acquisiton	2016-12-02	55,000	$0.99	1,629,387	No	4	P	Indirect	See footnotes

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	See footnotes
No	4	P	Indirect	See footnotes

Footnotes

The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.03 to $0.9562, 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 herein may be deemed to be indirectly beneficially owned by Mr. George E. Hall ("Mr. Hall"), which securities are directly held by: (i) GEH Capital, Inc., which is indirectly owned by Mr. Hall and (ii) Clinton Relational Opportunity Master Fund, L.P. ("CREL") and Clinton Special Opportunities Master Fund Ltd. ("CSO"), of which Clinton Group, Inc. ("CGI") is also deemed to be the indirect beneficial owner of such securities by virtue of its position as investment manager of CSO and its ownership of Clinton Union League, LLC, which serves as the investment manager of CREL. Mr. Hall serves as the Chief Executive Officer 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. Each Reporting Person 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 $0.99 to $0.98, 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.