0000905718-12-000247.txt : 20120928 0000905718-12-000247.hdr.sgml : 20120928 20120928160914 ACCESSION NUMBER: 0000905718-12-000247 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20120928 DATE AS OF CHANGE: 20120928 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SMART Technologies Inc. CENTRAL INDEX KEY: 0001489147 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER PERIPHERAL EQUIPMENT, NEC [3577] IRS NUMBER: 000000000 STATE OF INCORPORATION: A0 FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-85696 FILM NUMBER: 121116814 BUSINESS ADDRESS: STREET 1: 3636 RESEARCH ROAD N.W. CITY: CALGARY STATE: A0 ZIP: T2L 1Y1 BUSINESS PHONE: 403-245-0333 MAIL ADDRESS: STREET 1: 3636 RESEARCH ROAD N.W. CITY: CALGARY STATE: A0 ZIP: T2L 1Y1 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: TIMON PHILIP C CENTRAL INDEX KEY: 0001080175 FILING VALUES: FORM TYPE: SC 13G MAIL ADDRESS: STREET 1: 1515 MARKET STREET, SUITE 2000 CITY: PHILADELPHIA STATE: PA ZIP: 19102 SC 13G 1 smart13gsept12.htm SMART SCH 13G smart13gsept12.htm
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
 
SCHEDULE 13G
 
 
Under the Securities Exchange Act of 1934
(Amendment No.   )*
 
 
Smart Technologies Inc.
(Name of Issuer)
 
Class A Subordinate Voting Shares
(Title of Class of Securities)
 
83172R108
(CUSIP Number)
 
September 20, 2012
(Date of Event Which Requires Filing of this Statement)
 


Check the appropriate box to designate the rule pursuant to which this Schedule 13G is filed:

                  [   ]   Rule 13d-1(b)
                  [X]   Rule 13d-1(c)
                  [   ]   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 the disclosures provided in a prior cover page.

The information required in 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).
 

 
 

 
 
 
 
CUSIP No.  83172R108
 
(1)   Names of Reporting Persons.  I.R.S. Identification Nos. of  Above  Persons  (entities only):
 
                          Mr. Philip C. Timon
 
 
(2)   Check  the  Appropriate Box  if  a  Member of  a  Group (See Instructions)
 
 
(a)   [     ]
       
 
(b)   [ X ]
   

 
(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:
2,249,166*
 
 
(6) Shared Voting Power:
0  
 
 
(7) Sole Dispositive Power:
2,249,166*
 
 
(8) Shared Dispositive Power:
0  
 

 
(9)   Aggregate Amount Beneficially Owned by Each Reporting Person:        2,249,166*
 
 
(10)  Check if the Aggregate Amount in  Row (9) Excludes Certain Shares (See Instructions):   [    ]    
 
 
(11)  Percent of Class Represented by Amount in Row (9):           5.4%*
 
 
(12)  Type of Reporting Person (See Instructions):    IN
 
 
* Based on the information set forth on Form 6-K of Smart Technologies Inc. (the “Company”) filed with the Securities and Exchange Commission on August 2, 2012, there were 41,620,206 Class A Subordinate Voting Shares of the Company (the "Shares") outstanding as of June 30, 2012.  As of September 20, 2012 (the "Reporting Date"), Endowment Capital, L.P., a Delaware limited partnership (the "Limited Partnership"), owned in the aggregate 2,249,166 Shares of the Company. Endowment Capital Group, LLC, a Delaware limited liability company ("Endowment LLC"), is the sole general partner of the Limited Partnership. Mr. Philip C. Timon (the "Reporting Person") is the sole managing member of Endowment LLC. As a result, the Reporting Person possesses the sole power to vote and the sole power to direct the disposition of the Shares held by the Limited Partnership. Thus, as of the Reporting Date, for the purposes of Reg. Section 240.13(d)-3, the Reporting Person is deemed to be the beneficial owner of 2,249,166 Shares, or approximately 5.4%, of the Shares deemed issued and outstanding as of such date. The Reporting Person's interest in the Shares is limited to his pecuniary interest, if any, in the Limited Partnership.
 
 
 
 
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Item 1(a)   Name Of Issuer:   Smart Technologies Inc.
 
Item 1(b)   Address of Issuer’s Principal Executive Offices:
   
 
3636 Research Road NW
  Calgary, AB T2L 1Y1
 
Canada
 
 
Item 2(a)   Name of Person Filing:
 
      Mr. Philip C. Timon
 
Item 2(b)   Address of Principal Business Office or, if None, Residence:
 
 
223 Wilmington-West Chester Pike
  Suite 108
 
Chadds Ford, PA  19317
 
Item 2(c)   Citizenship:
 
      United States.
 
Item 2(d)   Title of Class of Securities:  Class A Subordinate Voting Shares
 
Item 2(e)   CUSIP No.:   83172R108
 
 
Item 3.       If This Statement Is Filed Pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the Person Filing is a:
 
 
Not Applicable.

Item 4.       Ownership.
 
 
(a)   Amount Beneficially Owned (as of September 20, 2012):
2,249,166*
 
       
 
(b)   Percent of Class (as of September 20, 2012):
5.4%*
 
       
 
(c)   Number of Shares as to which such person has:
   
       
   
(i)   sole power to vote or to direct the vote:
2,249,166*
 
         
   
(ii)   shared power to vote or to direct the vote:
0  
 
         
   
(iii)   sole power to dispose or to direct the disposition of:
2,249,166*
 
         
   
(iv)   shared power to dispose or to direct the disposition of:
0  
 
__________________________
 
* As of the Reporting Date, the Limited Partnership owned in the aggregate 2,249,166 Shares of the Company. Endowment LLC is the sole general partner of the Limited Partnership. The Reporting Person is the sole managing member of Endowment LLC. As a result, the Reporting Person possesses the sole power to vote and the sole power to direct the disposition of the Shares held by the Limited Partnership. Thus, as of the Reporting Date, for the purposes of Reg. Section 240.13(d)-3, the Reporting Person is deemed to be the beneficial owner of 2,249,166 Shares, or approximately 5.4%, of the Shares deemed issued and outstanding as of such date. The Reporting Person's interest in the Shares is limited to his pecuniary interest, if any, in the Limited Partnership.
 
 
 
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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 owner of more than five percent of the class of securities, check the following:  [    ]


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 or Control Person

                             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.   Certification
 
                             By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
 
 
 
 
 
 
 
 
 
 
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SIGNATURE

 
                              After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
 
 
 
     September 26, 2012    
         
     Philip C. Timon    
 
 
By:
 /s/ Philip C. Timon
   
     Philip C. Timon    
 
 
 
 
 

 
   Attention:  Intentional misstatements or omissions of fact constitute 
Federal criminal violations (See 18 U.S.C. 1001)

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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