SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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SCHEDULE 13G
(RULE 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b) (c) AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2(b)
(AMENDMENT NO. __)*
Iomega Corporation
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
462030305
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(CUSIP Number)
March 16, 2006
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(Date of Event which Requires Filing of this
Statement)
Check the appropriate box to designate the rule pursuant
to which this Schedule is filed:
[ ] Rule 13d-1(b)
[X] Rule 13d-1(c)
[ ] Rule 13d-1(d)
Page 1 of 5
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* 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
disclosures provided in a prior cover page.
The information required on 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).
SCHEDULE 13G
CUSIP NO. 462030305 PAGE 2 OF 5 PAGES
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Lloyd I. Miller, III 279-42-7925
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) [ ]
(B) [ ]
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
5 SOLE VOTING POWER
NUMBER OF 1,654,800
SHARES
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 1,072,900
EACH
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON 940,600
WITH
8 SHARED DISPOSITIVE POWER
1,787,100
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,727,700
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ]
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.3%
12 TYPE OF REPORTING PERSON
IN-IA-OO**
*SEE INSTRUCTIONS BEFORE FILLING OUT!
** See Item 4.
Page 3 of 5
Item 1(a). Name of Issuer: Iomega Corporation
Item 1(b). Address of Issuers's Principal Executive Offices: 10955 Vista Sorrento Parkway
San Diego, CA 92130
Item 2(a). Name of Person Filing: Lloyd I. Miller, III
Item 2(b). Address of Principal Business Office or, if None, Residence: 4550 Gordon Drive, Naples, Florida
34102
Item 2(c). Citizenship: U.S.A.
Item 2(d). Title of Class of Securities: Common Stock
Item 2(e). CUSIP Number: 462030305
Item 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13d-1(b) OR 13d-2(b) or
(c), CHECK WHETHER THE PERSON FILING IS A:
Not Applicable, this statement is filed pursuant to 13d-1(c)
Item 4. OWNERSHIP: The reporting person has sole voting power with respect to
1,654,800 of the reported securities as (i) a manager of a limited
liability company that is the general partner of a certain limited
partnership, (ii) the trustee to a grantor retained annuity trust, (iii)
the trustee to certain generation skipping trusts and (iv) the custodian
to accounts set up under the Florida Uniform Gift to Minors Act. The
reporting person has shared voting power with respect to 1,072,900 shares
of the reported securities as (i) an investment advisor to the trustee of
certain family trusts and (ii) the trustee to a certain generation
skipping trust. The reporting person has sole dispositive power with
respect to 940,600 of the reported securities as (i) a manager of a
limited liability company that is the general partner of a certain limited
partnership, (ii) the trustee to certain generation skipping trusts and
(iii) the custodian to accounts set up under the Florida Uniform Gift to
Minors Act. The reporting person has shared dispositive power with respect
to 1,787,100 of the reported securities as (i) an investment advisor to
the trustee of certain family trusts, (ii) the trustee to a certain
generation skipping trust and (iii) the trustee to a grantor retained
annuity trust.
(a) 2,727,700
(b) 5.3%
(c) (i) sole voting power: 1,654,800
(ii) shared voting power: 1,072,900
(iii) sole dispositive power: 940,600
(iv) shared dispositive power: 1,787,100
Item 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:
Not Applicable
Item 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON:
Persons other than Lloyd I. Miller III, have the right to receive or the
power to direct the receipt of dividends from, or the proceeds from the
sale of, the reported securities.
Page 4 of 5
Item 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE
SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY:
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.
Page 5 of 5
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.
Dated: March 27, 2006 /s/ Lloyd I. Miller, III
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Lloyd I. Miller, III