SECURITIES AND EXCHANGE COMMISSION

 

 

Washington, D.C. 20549

 

 

 

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934
(Amendment No. 1)

 

Idearc Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

451663108

(CUSIP Number)

December 31, 2008

(Date of Event Which Requires Filing of this Statement)

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

o

Rule 13d-1(b)

x

Rule 13d-1(c)

o

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. 451663108

 

 

1.

Name of Reporting Person
S.S. or I.R.S. Identification No. of above person

 

Jack B. Corwin

 

 

2.

Check the Appropriate Box if a Member of a Group*

 

 

(a)

o

 

 

(b)

o

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
United States Citizen

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
12,319,729

 

6.

Shared Voting Power
N/A

 

7.

Sole Dispositive Power
12,319,729

 

8.

Shared Dispositive Power
N/A

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
12,319,729

 

 

10.

Check box if the Aggregate Amount in Row (9) Excludes Certain Shares*   o

 

 

11.

Percent of Class Represented by Amount in Row (9)
8.34%

 

 

12.

Type of Reporting Person
IN

 

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Item 1 (a)

Name of Issuer:
Idearc Inc.

 

Item 1 (b)

Address of Issuer’s Principal Executive Offices:
2200 West Airfield Drive

P.O. Box 619810

DFW Airport

Dallas, TX 75261-9810

 

 

Item 2 (a)

Name of Person Filing:
Jack B. Corwin

 

Item 2 (b)

Address of Principal Business Office or, if none, Residence:
2150 Lincoln Street

Burbank, CA  91504

 

Item 2 (c)

Citizenship:
United States Citizen

 

Item 2 (d)

Title of Class of Securities:
Common Stock

 

Item 2 (e)

CUSIP Number:
451663108

 

Item 3.

If this statement is filed pursuant to Rules 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. 8a-8);

 

(e)

o

An Investment Adviser in accordance with Section 240. 13d-1(b)(1)(ii)(E);

 

(f)

o

An employee benefit plan or endowment fund in accordance with Section 240. 13d-1(b)(1)(ii)(F);

 

(g)

o

A parent holding company or control person in accordance with Section 240. 13d-1(b)(1)(ii)(G);

 

(h)

o

A savings association 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

Group, in accordance with Section 240. 13d-1(b)(1)(ii)(J).

 

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Item 4.

Ownership.

 

(a)

Amount beneficially owned:   

12,319,729*

 

(b)

Percent of class:   

8.34% (based on the 147,760,445 shares of Common Stock issued and outstanding as of September 30, 2008, as set forth in the Company's Form 10-Q filed on November 6, 2008)

 

(c)

Number of shares as to which such person has:

 

 

 

(i)

Sole power to vote or to direct the vote     

12,319,729

 

 

(ii)

Shared power to vote or to direct the vote    

N/A

 

 

(iii)

Sole power to dispose or to direct the disposition of   

12,319,729

 

 

(iv)

Shared power to dispose or to direct the disposition of   

N/A

 


*The number of shares of Common Stock shown above as beneficially owned by Jack B. Corwin includes (1) 8,225,347 owned by the Jack B. Corwin Revocable Trust Dated 6/26/92, of which Jack B. Corwin is the sole trustee, (2) 4,094,382 shares held by the Jack B. Corwin 2006 Charitable Remainder Unitrust of which the Charitable Remainder Stewardship Company of Nevada is the trustee and which Jack B. Corwin has investment and voting authority.

 

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 beneficial owner of more than five percent of the class of securities, check the following   o.

 

Item 6.

Ownership of More than Five Percent on Behalf of Another Person.

N/A

 

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company.

N/A

 

Item 8.

Identification and Classification of Members of the Group.

N/A

 

Item 9.

Notice of Dissolution of Group.

N/A

 

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 and do not have the effect of changing or influencing the control of the issuer of such securities and were not acquired and are not held in connection with or as a participant in any transaction having such purpose or effect.

 

4



 

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.

 

 

February 10, 2009

 

(Date)

 


/s/ Jack B. Corwin, Trustee, Account Holder

 

(Signature)

 

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