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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) JUNE 8, 1999
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INLAND ENTERTAINMENT CORPORATION
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(Exact name of registrant as specified in its charter)
UTAH 0-11532 33-0618806
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
16868 VIA DEL CAMPO COURT, SUITE 200, SAN DIEGO, CALIFORNIA 92127
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (619) 716-2100
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NOT APPLICABLE
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(Former name or former address, if changed since last report)
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INLAND ENTERTAINMENT CORPORATION
FORM 8-K
INDEX
INFORMATION INCLUDED IN THE REPORT PAGE
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Item 5. Other Events. 3
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ITEM 5. OTHER EVENTS.
The following beneficial ownership table is filed herewith for
regulatory compliance purposes:
SECURITY OWNERSHIP OF CERTAIN
BENEFICIAL OWNERS AND MANAGEMENT
The following table contains certain information as of June 8, 1999 and
June 30, 1999, regarding (a) all persons who, to the knowledge of Inland
Entertainment Corporation, a Utah corporation (the "Company"), were the
beneficial owners of more than 5% of the outstanding shares of the Company's
common stock, par value $.001 per share ("Common Stock"), (b) each of the
directors of the Company, (c) the Company's Chief Executive Officer during the
fiscal year ended June 30, 1999, (d) the four most highly-compensated executive
officers, other than the Chief Executive Officer, who were serving as executive
officers as of June 8, 1999 and June 30, 1999, and (e) all directors and
executive officers as a group. The persons named hold sole voting and investment
power with respect to the shares shown opposite their respective names, unless
otherwise indicated. The information with respect to each person specified is as
supplied or confirmed by such person or based upon statements filed with the
Securities and Exchange Commission. As of June 8, 1999 and June 30, 1999, the
number of issued and outstanding shares of Common Stock was 4,753,786.
<TABLE>
<CAPTION>
AMOUNT AND NATURE
OF BENEFICIAL PERCENT OF
NAME OWNERSHIP(1)(2) CLASS(1)(2)
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<S> <C> <C>
Karol M. Schoen (3)............................................ 600,000 12.3%
9254-B Lake Murray Blvd.
San Diego, California 92119
Jo Ann Speer (4)............................................... 370,000 7.8%
5731 Loma Verde
Rancho Santa Fe, California 92067
Directors:
L. Donald Speer, II (5)(6).................................. 1,978,360 39.1%
Richard T. Harrison (6)..................................... 750,000 15.8%
Andrew B. Laub (6)(7)....................................... 270,000 5.4%
G. Fritz Opel (6)(8)........................................ 221,000 4.4%
Thomas G. Holmes (6)(7)..................................... 40,000 *
Jana McKeag (7)............................................. 60,000 1.2%
1350 I Street, N.W., Suite 2002
Washington, D.C. 20005
Charles Reibel (7).......................................... 35,000 *
11755 Wilshire Blvd., Suite 1800
Los Angeles, California 90025
Cornelius E. ("Neil") Smyth (7)............................. 35,000 *
20 Bahama Bend
Coronado, California 92118
Named Executive Officer Who is Not a Director:
Robert Regent (6)(7)........................................ 90,000 1.9%
ALL DIRECTORS AND EXECUTIVE OFFICERS
AS A GROUP (9 persons) (9)................................... 3,479,360 59.9%
</TABLE>
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(Footnotes on the following page)
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(Footnotes from the preceding page)
(1) Subject to applicable community property and similar statutes.
(2) Includes (a) shares beneficially owned, whether directly or indirectly,
individually or together with associates, and (b) shares of which
beneficial ownership may be acquired within 60 days of June 8, 1999, by
exercise of stock options ("Stock Option Shares").
(3) Includes 122,784 Stock Option Shares.
(4) Jo Ann Speer is the ex-wife of L. Donald Speer, II.
(5) Includes 300,000 Stock Option Shares.
(6) The mailing address of such shareholder is in care of Inland Entertainment
Corporation, 16868 Via Del Campo Court, Suite 200, San Diego, California
92127.
(7) All Stock Option Shares.
(8) Includes 220,000 Stock Option Shares.
(9) Includes 1,050,000 Stock Option Shares.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
INLAND ENTERTAINMENT CORPORATION,
a Utah corporation
Date: July 29, 1999 By: /s/ ANDREW B. LAUB
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Andrew B. Laub
Executive Vice President, Chief
Financial Officer and Treasurer
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