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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES 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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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 2270 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 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 (Month/Day/Year) |
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 at End of Issuer's Fiscal Year (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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(A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
HAMPSTEAD ASSOCIATES LLC 1250 FOURTH STREET SANTA MONICA, CA 90401 |
 |  X |  | See Footnotes (1)-(5) |
Knowledge Universe LLC 1250 FOURTH STREET SANTA MONICA, CA 90401 |
 |  X |  | X(3)(5) |
MILKEN MICHAEL R 1250 FOURTH STREET SANTA MONICA, CA 90401 |
 |  X |  | X(2)(5) |
MILKEN LOWELL J 1250 FOURTH STREET SANTA MONICA, CA 90401 |
 |  X |  | X(2)(5) |
/s/ Stanley E. Maron, By: Stanley E. Maron, Secretary of Hampstead Associates, L.L.C. | 07/24/2013 | |
**Signature of Reporting Person | Date | |
/s/ Stanley E. Maron, By: Stanley E. Maron, Secretary of Knowledge Universe LLC | 07/24/2013 | |
**Signature of Reporting Person | Date | |
/s/ Michael R. Milken, By: Michael R. Milken, An individual | 07/24/2013 | |
**Signature of Reporting Person | Date | |
/s/ Lowell J. Milken, By: Lowell J. Milken, An individual | 07/24/2013 | |
**Signature of Reporting Person | Date |
* | 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). |
(1) | These shares of Common Stock were held of record by Hampstead Associates, L.L.C. ("Hampstead"). Knowledge Universe LLC is the manager and a member of Hampstead, and in such capacities may be deemed to have the power to direct the voting and disposition of, and to share beneficial ownership of, any securities owned of record by Hampstead. As a result of this transaction, Hampstead and Knowledge Universe LLC no longer hold, directly or indirectly, any shares of common stock. |
(2) | Each of Michael R. Milken and Lowell J. Milken may be deemed to be a controlling person of each of Hampstead, Learning Group LLC ("Learning Group"), Knowledge Universe LLC and Knowledge Universe Learning Group LLC ("KULG") and in such capacities may be deemed to have the power to direct the voting and disposition of, and to share beneficial ownership of, any securities owned of record, or beneficially owned, by each of Hampstead, Learning Group, Knowledge Universe LLC and KULG, but disclaims such beneficial ownership except to the extent of his pecuniary interest therein. |
(3) | These shares of Common Stock are held of record by KULG. |
(4) | These shares of Common Stock are held of record by Learning Group. KULG may be deemed a controlling person of each of Learning Group, and in such capacity may be deemed to have the power to direct the voting and disposition of, and to share beneficial ownership of, any securities owned of record by Learning Group. |
(5) | The Reporting Persons may be deemed to be a group with respect to the securities of the Issuer which they hold directly or indirectly. The Reporting Persons disclaim such group membership. The filing of this statement shall not be deemed an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934, or otherwise, a Reporting Person is the beneficial owner of equity securities covered by this statement or any other statement that are beneficially owned, directly or indirectly, by any other person. |