UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF 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. | SEC 1473 (7-02) | ||
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. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Series E Preferred Warrant (Right to Buy) | Â (7) | Â (8) | Common Stock | 479 (1) (7) | $ 24.22 | I | See footnotes (2) (3) |
Series E Preferred Stock | Â (7) | Â (10) | Common Stock | 2,065 (1) (7) | $ 0 | I | See footnotes (2) (3) |
Series B Preferred Stock | Â (9) | Â (9) | Common Stock | 7,297 (1) | $ 0 | I | See footnotes (2) (3) |
Series C Preferred Stock | Â (9) | Â (9) | Common Stock | 6,401 (1) | $ 0 | I | See footnotes (2) (3) |
Series D Preferred Stock | Â (9) | Â (9) | Common Stock | 1,769 (1) | $ 0 | I | See footnotes (2) (3) |
Series E Preferred Warrant (Right to Buy) | Â (7) | Â (8) | Common Stock | 1,417 (1) (7) | $ 24.22 | I | See footnotes (3) (4) |
Series E Preferred Stock | Â (7) | Â (10) | Common Stock | 5,185 (1) (7) | $ 0 | I | See footnotes (3) (4) |
Series B Preferred Stock | Â (9) | Â (9) | Common Stock | 29,190 (1) | $ 0 | I | See footnotes (3) (4) |
Series C Preferred Stock | Â (9) | Â (9) | Common Stock | 13,442 (1) | $ 0 | I | See footnotes (3) (4) |
Series D Preferred Stock | Â (9) | Â (9) | Common Stock | 3,715 (1) | $ 0 | I | See footnotes (3) (4) |
Series E Preferred Warrant (Right to Buy) | Â (7) | Â (8) | Common Stock | 544 (1) (7) | $ 24.22 | I | See footnotes (3) (5) |
Series E Preferred Stock | Â (7) | Â (10) | Common Stock | 2,092 (1) (7) | $ 0 | I | See footnotes (3) (5) |
Series B Preferred Stock | Â (9) | Â (9) | Common Stock | 10,425 (1) | $ 0 | I | See footnotes (3) (5) |
Series C Preferred Stock | Â (9) | Â (9) | Common Stock | 5,760 (1) | $ 0 | I | See footnotes (3) (5) |
Series D Preferred Stock | Â (9) | Â (9) | Common Stock | 1,592 (1) | $ 0 | I | See footnotes (3) (5) |
Series E Preferred Warrant (Right to Buy) | Â (7) | Â (8) | Common Stock | 26,181 (1) (7) | $ 24.22 | I | See footnotes (3) (6) |
Series E Preferred Stock | Â (7) | Â (10) | Common Stock | 103,546 (1) (7) | $ 0 | I | See footnotes (3) (6) |
Series B Preferred Stock | Â (9) | Â (9) | Common Stock | 474,354 (1) | $ 0 | I | See footnotes (3) (6) |
Series C Preferred Stock | Â (9) | Â (9) | Common Stock | 294,457 (1) | $ 0 | I | See footnotes (3) (6) |
Series D Preferred Stock | Â (9) | Â (9) | Common Stock | 81,396 (1) | $ 0 | I | See footnotes (3) (6) |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
VERSANT VENTURE CAPITAL I LP 3000 SAND HILL ROAD, BUILDING FOUR SUITE 210 MENLO PARK, CA 94025 |
 |  X |  |  |
VERSANT AFFILIATES FUND I-A LP 3000 SAND HILL ROAD, BUILDING FOUR, SUITE 210 MENLO PARK, CA 94025 |
 |  X |  |  |
VERSANT AFFILIATES FUND I-B LP 3000 SAND HILL ROAD, BUILDING FOUR, SUITE 210 MENLO PARK, CA 94025 |
 |  X |  |  |
VERSANT SIDE FUND I LP 3000 SAND HILL ROAD, BUILDING FOUR, SUITE 210 MENLO PARK, CA 94025 |
 |  X |  |  |
/s/ Gajus V. Worthington, attorney-in-fact | 02/09/2011 | |
**Signature of Reporting Person | Date | |
/s/ Gajus V. Worthington, attorney-in-fact | 02/09/2011 | |
**Signature of Reporting Person | Date | |
/s/ Gajus V. Worthington, attorney-in-fact | 02/09/2011 | |
**Signature of Reporting Person | Date | |
/s/ Gajus V. Worthington, attorney-in-fact | 02/09/2011 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(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) | Reflects a 1-for-1.73 reverse stock split of the Issuer's outstanding shares effected February 3, 2011. |
(2) | Versant Affiliates Fund 1-A, L.P., is the record holder of the securities. |
(3) | Voting and investment power over the shares directly held by Versant Venture Capital I, L.P., Versant Affiliates Fund I-A, L.P., Versant Affiliates Fund I-B, L.P., and Versant Side Fund I, L.P. is held by Versant Ventures I, LLC, their sole General Partner. Samuel D. Colella, the reporting person is a Managing Member of Versant Ventures I, LLC but he disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein. The individual Managing Members of Versant Ventures I, LLC are Brian G. Atwood, Samuel D. Colella, Ross A. Jaffe, William J. Link, Barbara N. Lubash, Donald B. Milder, and Rebecca B. Robertson, all of whom share voting and dispositive control. Each respective individual General Partner disclaims beneficial ownership of these shares, except to the extent of their pecuniary interest therein. |
(4) | Versant Affiliates Fund 1-B, L.P., is the record holder of the securities. |
(5) | Versant Side Fund 1, L.P., is the record holder of the securities. |
(6) | Versant Venture Capital I, L.P., is the record holder of the securities. |
(7) | Reflects the automatic conversion of each share of Series E Preferred Stock into 1.3 shares of Common Stock to occur upon the closing of the Issuer's initial public offering. |
(8) | Expires immediately prior to the closing of the Issuer's initial public offering. |
(9) | Reflects the automatic conversion of each share of Series B Preferred Stock, Series C Preferred Stock, Series D Preferred Stock and Series E1 Preferred Stock into one share of Common Stock to occur upon the closing of the Issuer's initial public offering. Each share has no expiration date. |
(10) | Each share has no expiration date. |
 Remarks: Exhibit List -------------- Exhibit 24 - Power of Attorney |