Sec Form 13G Filing - Christie Digital Systems Inc. filing for CREATIVE REALITIES INC. (CREX) - 2020-05-22

*

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.

CUSIP No. 22530J200

1

Names of Reporting Persons

Christie Digital Systems, Inc. (51-0392921)

2

Check the Appropriate Box if a Member of a Group (See Instructions)

(a) o (b) o

3

SEC Use Only

4

Citizenship or Place of Organization

Delaware

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power

269,824

6

Shared Voting Power

0

7

Sole Dispositive Power

269,824

8

Shared Dispositive Power

0

9

Aggregate Amount Beneficially Owned By Each Reporting Person

269,824

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)      o

11

Percent Of Class Represented by Amount in Row (9)

2.8%***

12

Type of Reporting Person (See Instructions)

CO

CUSIP: 22530J200

Page 3 of 5

Item 1.

(a)

Name of Issuer:
Creative Realities, Inc.

(b)

Address of Issuer’s Principal Executive Offices:
13100 Magisterial Drive, Suite 100, Louisville, Kentucky 40223

Item 2.

(a)

Name of Person Filing:
Christie Digital Systems, Inc.

(b)

Address or Principal Business Office or, if none, Residence:
13100 Magisterial Drive, Suite 100, Louisville, Kentucky 40223

(c)

Citizenship:
Delaware

(d)

Title of Class of Securities:
Common Stock, par value $0.01 per share

(e)

CUSIP Number:
22530J200

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:

(a)

o

Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);

(b)

o

Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);

(c)

o

Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);

(d)

o

Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8);

(e)

o

An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);

(f)

o

An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);

(g)

o

A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);

(h)

o

A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

(i)

o

A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

(j)

o

A non-U.S. institution in accordance with § 240.13d–1(b)(1)(ii)(J);

(k)

o

Group, in accordance with § 240.13d–1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with

§ 240.13d–1(b)(1)(ii)(J), please specify the type of institution:____________________________

CUSIP: 22530J200

Page 4 of 5

Item 4.

Ownership.

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

(a)

Amount beneficially owned.   

269,824, all of which are held as immediately exercisable warrants to purchase shares of common stock.

(b)

Percent of class.   

2.8%.  Calculated based upon the number of shares of common stock outstanding as of March 11, 2020: 9,794,971 shares of common stock.

(c)

Number of shares as to which the person has:

(i)

Sole power to vote or direct the vote   

269,824

(ii)

Shared power to vote or to direct the vote    

0

(iii)

Sole power to dispose or to direct the disposition of& #xA0;  

269,824

(iv)

Shared power to dispose or to direct the disposition of   

0

Item 5.

Ownership of 5 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 5 percent of the class of securities, check the following   x.

Item 6.

Ownership of More than 5 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.

CUSIP: 22530J200

Page 5 of 5

Item 10.

Certifications.

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, other than activities solely in connection with a nomination under Section 240.14a-11.

Dated: May 22, 2020

CHRISTIE DIGITAL SYSTEMS, INC.

By:

/s/ Michael L. Phipps

Name:

Michael L. Phipps

Title:

Chief Financial Officer