Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
- Peter Lynch
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SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 3)*
| InfoSonics Corporation |
(Name of Issuer)
| Common Stock, Par Value $0.001 |
(Title of Class of Securities)
| 456784 10 7 |
(CUSIP Number)
| December 31, 2010 |
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
¨ Rule 13d-1(b)
¨ Rule 13d-1(c)
x Rule 13d-1(d)
| * | The remainder of this cover page shall be filled out for a reporting person’s 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).
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|
CUSIP NO. 456784 10 7
|
SCHEDULE 13G (Amendment No. 3) |
|||||||
| 1. | NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Ram Grantor Retained Annuity Trust | |||||||
| 2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) ¨ (b) ¨
| |||||||
| 3. | SEC USE ONLY
| |||||||
| 4. | CITIZENSHIP OR PLACE OF ORGANIZATION
United States | |||||||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5. | SOLE VOTING POWER
0 | ||||||
| 6. | SHARED VOTING POWER
0 | |||||||
| 7. | SOLE DISPOSITIVE POWER
0 | |||||||
| 8. | SHARED DISPOSITIVE POWER
0 | |||||||
| 9. |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0 | |||||||
| 10. |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions)
|
¨ | ||||||
| 11. |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.0% | |||||||
| 12. |
TYPE OF REPORTING PERSON (see instructions)
OO | |||||||
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| Item 1(a). | Name of Issuer: |
InfoSonics Corporation
| Item 1(b). | Address of Principal Executive Offices of Issuer: |
4350 Executive Drive, Suite 100
San Diego, CA 92121
| Item 2(a). | Names of Person Filing: |
Ram Grantor Retained Annuity Trust
| Item 2(b). | Address of Principal Business Office or, if None, Residence: |
4350 Executive Drive, Suite 100
San Diego, CA 92121
| Item 2(c). | Citizenship: |
United States
| Item 2(d). | Title of Class of Securities: |
Common Stock, $0.001 par value
| Item 2(e). | CUSIP Number: |
456784 10 7
| Item 3. | If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a: | |||||
| (a) |
¨ | Broker or dealer registered under Section 15 of the Exchange Act; | ||||
| (b) |
¨ | Bank as defined in Section 3(a)(6) of the Exchange Act; | ||||
| (c) |
¨ | Insurance company as defined in Section 3(a)(19) of the Exchange Act; | ||||
| (d) |
¨ | Investment company registered under Section 8 of the Investment Company Act; | ||||
| (e) |
¨ | An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); | ||||
| (f) |
¨ | An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F); | ||||
| (g) |
¨ | A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G); | ||||
| (h) |
¨ | A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act; | ||||
| (i) |
¨ | A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act; | ||||
| (j) |
¨ | A non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J); | ||||
| (k) |
¨ | Group, in accordance with Rule 13d-1(b)(1)(ii)(K). | ||||
Not applicable.
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| Item 4. | Ownership. |
The Ram Grantor Retained Annuity Trust (the “Trust”) has been liquidated and is no longer the beneficial owner of any shares of the Issuer’s common stock.1 The Trust has no power to vote or to direct the vote, or to dispose or to direct the disposition of, any shares of the Issuer’s common stock.
| Item 5. | Ownership of Five Percent or Less of a Class. |
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following: x
| Item 6. | Ownership of More than Five Percent on Behalf of Another Person. |
Not applicable.
| Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company. |
Not applicable.
| Item 8. | Identification and Classification of Members of the Group. |
Not applicable.
| Item 9. | Notice of Dissolution of Group. |
Not applicable.
| Item 10. | Certifications. |
Not applicable.
| 1 | Reference is made to Amendment No. 4 to the Schedule 13D filed by Joseph Ram for the ownership of the shares of the Issuer’s common stock previously held by the Trust. |
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SIGNATURE
After reasonable inquiry and to the best of the Reporting Person’s knowledge and belief, the Reporting Person certifies that the information set forth in this statement is true, complete and correct.
Date: February 9, 2011
| RAM GRANTOR RETAINED ANNUITY TRUST | ||
| By: | /s/ Jeffrey Klausner | |
| Jeffrey Klausner, Trustee | ||
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