Insider filing report for Changes in Beneficial Ownership

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  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(Amendment No. 4)
Under the Securities Exchange Act of 1934
Inspired Entertainment, Inc.
 
(Name of Issuer)

Common Stock, par value $0.0001 per share
 
(Title of Class of Securities)

45782N108
 
(CUSIP Number)

Nicole Chang
Vitruvian Partners LLP
105 Wigmore Street
London W1U 1QY
+44 (0) 20 7518 2800
 
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

Copies to:
Manuel A. Miranda, Esq.
Willkie Farr & Gallagher LLP
787 Seventh Avenue
New York, NY 10019
(212) 728-8000

February 8, 2019
 
(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:  
Note:  Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 240.13d-7 for other parties to whom copies are to be sent.
*
 
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 (the “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. 45782N108

1
 
NAME OF REPORTING PERSON
 
LANDGAME S.À R.L.
2
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) ☐
(b) ☒
3
 
SEC USE ONLY
 
4
 
SOURCE OF FUNDS
OO
5
 
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d)
or 2(e)                                                                                                    & nbsp;                                                                                      ☐
 
6
 
CITIZENSHIP OR PLACE OF ORGANIZATION
Luxembourg
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
7
 
SOLE VOTING POWER
-0-
8
SHARED VOTING POWER
5,618,837 (1)
9
SOLE DISPOSITIVE POWER
-0-
10
SHARED DISPOSITIVE POWER
5,618,837 (1)
11
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON
5,618,837 (1)
12
 
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES             &n bsp;                          ☐
 
13
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
26.14% (2)
14
 
T YPE OF REPORTING PERSON
OO
(1)
This number does not take into account shares of common stock, par value $0.0001 per share (the “Common Stock”), of Inspired Entertainment, Inc. (the “Company”) held by other stockholders party to the Stockholders Agreement (defined below), pursuant to which such stockholders have agreed, in certain circumstances, to vote for Landgame’s designees to the board of directors of the Company.
(2)
The percentage set forth in row (13) is based on 21,494,513 outstanding shares of Common Stock on January 15, 2019, as disclosed in the Company’s Annual Report on Form 10-K, filed with the Securities and Exchange Commission on January 28, 2019.


CUSIP NO. 45782N108
1
 
NAME OF REPORTING PERSON
 
VITRUVIAN I LUXEMBOURG S.À R.L.
2
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) ☐
(b) ☒
3
 
SEC USE ONLY
 
4
 
SOURCE OF FUNDS
OO
5
 
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d)
or 2(e)                                                                                                                                                                                           ☐
 
6
 
CITIZENSHIP OR PLACE OF ORGANIZATION
Luxembourg
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
7
 
SOLE VOTING POWER
-0-
8
SHARED VOTING POWER
5,618,837 (1)
9
SOLE DISPOSITIVE POWER
-0-
10
SHARED DISPOSITIVE POWER
5,618,837 (1)
11
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON
5,618,837 (1)
12
 
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES           &nb sp;                            ☐
 
13
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
26.14% (2)
14
 
TYPE OF REPORTING PERSON
OO
(1)
This number does not take into account shares of Common Stock held by other stockholders party to the Stockholders Agreement, pursuant to which such stockholders have agreed, in certain circumstances, to vote for Landgame’s designees to the board of directors of the Company.
(2)
The percentage set forth in row (13) is based on 21,494,513 outstanding shares of Common Stock on January 15, 2019, as disclosed in the Company’s Annual Report on Form 10-K, filed with the Securities and Exchange Commission on January 28, 2019.


CUSIP NO. 45782N108
1
 
NAME OF REPORTING PERSON
 
VIP I A L.P.
2
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) ☐
(b) ☒
3
 
SEC USE ONLY
 
4
 
SOURCE OF FUNDS
OO
5
 
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d)
or 2(e)                                                                                                                                                                  &n bsp;                        ☐
 
6
 
CITIZENSHIP OR PLACE OF ORGANIZATION
England and Wales
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
7
 
SOLE VOTING POWER
-0-
8
SHARED VOTING POWER
3,309,495 (1)
9
SOLE DISPOSITIVE POWER
-0-
10
SHARED DISPOSITIVE POWER
3,309,495 (1)
11
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON
3,309,495 (1)
12
 
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES                                        ☐
 
13
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
15.40% (2)
14
 
TYPE OF REPORTING PERSON
PN
(1)
This number does not take into account shares of Common Stock held by other stockholders part y to the Stockholders Agreement, pursuant to which such stockholders have agreed, in certain circumstances, to vote for Landgame’s designees to the board of directors of the Company.
(2)
The percentage set forth in row (13) is based on 21,494,513 outstanding shares of Common Stock on January 15, 2019, as disclosed in the Company’s Annual Report on Form 10-K, filed with the Securities and Exchange Commission on January 28, 2019.


CUSIP NO. 45782N108
1
 
NAME OF REPORTING PERSON
 
VIP I B L.P.
2
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) ☐
(b) ☒
3
 
SEC USE ONLY
 
4
 
SOURCE OF FUNDS
OO
5
 
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d)
or 2(e)         &nb sp;                                                                                                                                                                                 ☐
 
6
 
CITIZENSHIP OR PLACE OF ORGANI ZATION
England and Wales
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
7
 
SOLE VOTING POWER
-0-
8
SHARED VOTING POWER
1,191,194 (1)
9
SOLE DISPOSITIVE POWER
-0-
10
SHARED DISPOSITIVE POWER
1,191,194 (1)
11
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON
1,191,194 (1)
12
 
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES                                        ☐
 
13
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.54% (2)
14
 
TYPE OF REPORTING PERSON
PN
(1)
This number does not take into account shares of Common Stock held by other stockholders party to the Stockholders Agreement, pursuant to which such stockholders have agreed, in certain circumstances, to vote for Landgame’s designees to the board of directors of the Company.
(2)
The percentage set forth in row (13) is based on 21,494,513 outstanding shares of Common Stock on January 15, 2019, as disclosed in the Company’s Annual Report on Form 10-K, filed with the Securities and Exchange Commission on January 28, 2019.


CUSIP NO. 45782N108
1
 
NAME OF REPORTING PERSON
 
VIP I NOMINEES LIMITED
2
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) ☐
(b) ☒
3
 
SEC USE ONLY
 
4
 
SOURCE OF FUNDS
OO
5
 
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d)
or 2(e)                                                                                      & nbsp;                                                                                                    ☐
 
6
 
CITIZENSHIP OR PLACE OF ORGANIZATION
England and Wales
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
7
 
SOLE VOTING POWER
-0-
8
SHARED VOTING POWER
5,618,837 (1)
9
SOLE DISPOSITIVE POWER
-0-
10
SHARED DISPOSITIVE POWER
5,618,837 (1)
11
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON
5,618,837 (1)
12
 
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES                                        ☐
 
13
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
26.14% (2)
14
 
TYPE OF REPORTING PERSON
OO
(1)
This number does not take into account shares of Common Stock held by other stockholders party to the Stockholders Agreement, pursuant to which such stockholders have agreed, in certain circumstances, to vote for Landgame’s designees to the board of directors of the Company.
(2)
The percentage set forth in row (13) is based on 21,494,513 outstanding shares of Common Stock on January 15, 2019, as disclosed in the Company’s Annual Report on Form 10-K, filed with the Securities and Exchange Commission on January 28, 2019.


CUSIP NO. 45782N108
1
 
NAME OF REPORTING PERSON
 
VIP I NOMINEES LIMITED
2
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) ☐
(b) ☒
3
 
SEC USE ONLY
 
4
 
SOURCE OF FUNDS
OO
5
 
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d)
or 2(e)                                                                       &n bsp;                                                                                                                   ☐
 
6
 
CITIZENSHIP OR PLACE OF ORGANIZATION
England and Wales
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
7
 
SOLE VOTING POWER
-0-
8
SHARED VOTING POWER
5,618,837 (1)
9
SOLE DISPOSITIVE POWER
-0-
10
SHARED DISPOSITIVE POWER
5,618,837 (1)
11
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON
5,618,837 (1)
12
 
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES                         &n bsp;              ☐
 
13
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
26.14% (2)
14
 
TYPE OF REPORTING PERSON
OO
(1)
This number does not take into account shares of Common Stock held by other stockholders party to the Stockholders Agreement, pursuant to which such stockholders have agreed, in certain circumstances, to vote for Landgame’s designees to the board of directors of the Company.
(2)
The percentage set forth in row (13) is based on 21,494,513 outstanding shares of Common Stock on January 15, 2019, as disclosed in the Company’s Annual Report on Form 10-K, filed with the Securities and Exchange Commission on January 28, 2019.


Introductory Statement

Pursuant to Rule 13d-2 promulgated under the Act, this Schedule 13D/A (this “Amendment No. 4”) amen ds the Schedule 13D filed on January 3, 2017, as amended by Amendment No. 1 to the Original Schedule 13D filed June 30, 2017 , Amendment No. 2 to the Original Schedule 13D filed January 5, 2018 and Amendment No. 3 to the Original Schedule 13D filed January 24, 2018 (collectively, the “Original Schedule 13D”).  The Original Schedule 13D and this Amendment No. 4 are collectively referred to herein as the “Schedule 13D”).  This Amendment No. 4 relates to the common stock, par value $0.0001 per share (the “Common Stock”), of Inspired Entertainment, Inc., a Delaware corporation (the “Company”).  Except as otherwise provided herein, each Item of the Schedule 13D remains unchanged.  Capitalized terms used herein but not otherwise defined have the meanings ascribed to such terms in the Original Schedule 13D as amended by this Amendment No. 4.

Item 4. Purpose of Transa ction.
Item 4 is amended and supplemented by adding thereto the following:
On February 8, 2019, certain of the Reporting Persons sold an aggregate of 500,000 shares of Common Stock in an open market transaction through a brokerage entity on the New York Stock Exchange at a price per share of $6.7004.
Item 5. Interest in Securities of the Issuer.
Item 5 is hereby supplemented as follows:
(a) As of the date of this Amendment No. 4, each of the Reporting Persons beneficially owns shares of Common Stock in such numbers as set forth on the cover pages of this Schedule 13D.  The number of shares each of the Reporting Persons beneficially owns does not take into account shares of Common Stock held by the other stockholders party to the Stockholders Agreement, pursuant to which the stockholders have agreed, in certain circumstances, to vote for Landgame’s designees to the board of directors of the Company as described in Item 6.  The total number of shares each of the Reporting Persons be neficially owns represents such percentages as set forth on the cover pages to this Schedule 13D of the Common Stock outstanding.  The percentages used in this Schedule 13D are calculated based upon the 21,494,513 outstanding shares of Common Stock on January 15, 2019, as disclosed in the Company’s prospectus supplement filed with the Securities and Exchange as disclosed in the Company’s Annual Report on Form 10-K, filed with the Securities and Exchange Commission on January 28, 2019.
(b) None of the Reporting Persons has sole power to vote or direct the vote or sole power to dispose or direct the disposition of the Common Stock reported herein.
(c) The information contained in Item 4 of this Amendment is incorporated herein by reference.



SIGNATURES
After reasonable inquiry and to the best of each of the undersigned’s knowledge and belief, each of the undersigned, severally and not jointly, certifies that the information set forth in this statement is true, complete and correct.

/s/ Philip-Moritz Russmeyer
Dated: February 12, 2019
 
Landgame S.à r.l.
 
 
By:
/s/ Gael Sausy
 
Name:
Gael Sausy
 
Title:
Authorized Signatory
     
     
 
Vitruvian I Luxembourg S.à r.l.
     
 
By:
/s/ Gael Sausy
 
Name:
Gael Sausy
 
Title:
Authorized Signatory
     
     
 
VIP I Nominees Limited
 
By: Vitruvian Partners LLP, its director
 
 
By:
/s/ Philip-Moritz Russmeyer
 
Name:
Philip-Moritz Russmeyer
 
Title:
Partner
     
     
 
VIP I A L.P.
 
By: Vitruvian Partners LLP, its general partner
 
 
By:
 
Name:
Philip-Moritz Russmeyer
 
Title:
Partner
     
     
 
VIP I B L.P.
 
By: Vitruvian Partners LLP, its general partner
     
 
By:
/s/ Philip-Moritz Russmeyer
 
Name:
Philip-Moritz Russmeyer
 
Title:
Partner
     
     
 
Vitruvian Partners LLP
 
 
By:
/s/ Philip-Moritz Russmeyer
 
Name:
Philip-Moritz Russmeyer
 
Title:
Partner