Sec Form 4 Filing - Rhine Zvi Michael @ Cinedigm Corp. - 2015-07-30

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person Rhine Zvi Michael 2. Issuer Name and Ticker or Trading Symbol Cinedigm Corp. [ CIDM] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X __ Director _____ 10% Owner _____ Officer (give title below) X __ Other (specify below) See Remarks (Last) (First) (Middle) 401 E. ONTARIO ST., SUITE 2301 3. Date of Earliest Transaction (MM/DD/YY) 07/30/2015 (Street) CHICAGO, IL60603 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) _____ Form filed by One Reporting Person __ X __ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Class A Common Stock 474,100 ( 1 ) D ( 1 ) ( 4 ) Class A Common Stock 1,070,000 ( 1 ) I ( 1 ) See Footnotes ( 2 ) ( 4 ) Class A Common Stock 74,000 ( 1 ) I ( 1 ) See Footnotes ( 3 ) ( 4 )

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Warrant $ 1.85 10/21/2013 10/21/2018 Class A Common Stock 26,250 26,250 ( 1 ) D ( 1 ) Warrant $ 1.85 10/21/2013 10/21/2018 Class A Common Stock 52,500 52,500 ( 1 ) I ( 1 ) See Footnotes ( 2 ) ( 4 )

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Rhine Zvi Michael 401 E. ONTARIO ST., SUITE 2301 CHICAGO, IL60603 X See Remarks Sabra Capital Partners, LLC 401 E. ONTARIO ST., SUITE 2301 CHICAGO, IL60611 See Remarks Sabra Investments, LP 401 E. ONTARIO ST., SUITE 2301 CHICAGO, IL60611 See Remarks Signatures /s/ Barry L. Fischer, attorney-in-fact for Zvi Rhine 08/03/2015 Signature of Reporting Person Date

Explanation of Responses:

( 1 )The reporting persons were members of a Section 13(d) group that owned more than 10% of the Issuer's Class A Common Stock by virtue of entry into a group agreement. Effective as of July 30, 2015, the members of the group terminated the group agreement and the group pursuant to a termination agreement. The Issuer appointed Mr. Rhine to its Board of Directors on July 30, 2015. ( 2 )The indicated securities are owned by Sabra Investments, LP (the "Fund"). ( 3 )The indicated securities are owned by Sabra Capital Partners, LLC (the "General Partner"). ( 4 )The General Partner, as the general partner of the Fund, may be deemed to beneficially own the shares of Class A Common Stock disclosed as directly owned by the Fund in this statement. As the principal of the Fund and the General Partner, Mr. Rhine may be deemed to beneficially own the shares of Class A Common Stock disclosed as directly owned by the Fund and the General Partner in this report. Each of the General Partner and Mr. Rhine expressly disclaims such beneficial ownership by them.

Remarks: The reporting members were members of a Section 13(d) group that was a 10% owner. Mr. Rhine became a director on July 30, 2015.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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