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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) SEPTEMBER 9, 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 September 9,
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 September
9, 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 September 9, 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)............................................... 394,000 8.3%
5731 Loma Verde
Rancho Santa Fe, California 92067
Arthur Pfizenmayer (5)......................................... 342,500 6.7%
947 Olive Crest Dr.
Encinitas, CA 92024
Directors:
L. Donald Speer, II (6)(7).................................. 1,878,360 37.2%
Richard T. Harrison (7)..................................... 750,000 15.8%
Andrew B. Laub (5)(7)....................................... 320,000 6.3%
G. Fritz Opel (7)(8)........................................ 241,000 4.8%
Jana McKeag (5)............................................. 60,000 1.2%
1350 I Street, N.W., Suite 2002
Washington, D.C. 20005
Thomas G. Holmes (5)(7)..................................... 35,000 *
Charles Reibel (5).......................................... 35,000 *
11755 Wilshire Blvd., Suite 1800
Los Angeles, California 90025
Cornelius E. ("Neil") Smyth (5)............................. 35,000 *
20 Bahama Bend
Coronado, California 92118
Named Executive Officer Who is Not a Director:
Robert Regent (5)(7)........................................ 90,000 1.9%
ALL DIRECTORS AND EXECUTIVE OFFICERS
AS A GROUP (9 persons) (9)................................... 3,444,360 58.7%
</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 September 9, 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) All Stock Option Shares.
(6) Includes 300,000 Stock Option Shares.
(7) The mailing address of such shareholder is in care of Inland
Entertainment Corporation, 16868 Via Del Campo Court, Suite 200,
San Diego, California 92127.
(8) Includes 240,000 Stock Option Shares.
(9) Includes 1,115,000 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: September 9, 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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