SC 13G/A

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G/A

Under the Securities Exchange Act of 1934

(Amendment No. 2)*

 

 

InvenSense, Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

46123D 20 5

(CUSIP Number)

December 31, 2013

(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)

¨ Rule 13d-1(c)

x 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. 46123D 20 5

 

  1.   

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)

 

Partech U.S. Partners IV LLC

  2.  

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

(a)  x¨         (b)  ¨

 

  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

 

0

     6.   

Shared Voting Power

 

0

     7.   

Sole Dispositive Power

 

0

     8.   

Shared Dispositive Power

 

0

  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

0

10.  

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

 

11.  

Percent of Class Represented by Amount in Row (9)

 

0%

12.  

Type of Reporting Person (See Instructions)

 

OO


CUSIP No. 46123D 20 5

 

  1.   

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)

 

47th Parallel LLC

  2.  

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

(a)  x        (b)  ¨

 

  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

 

0

     6.   

Shared Voting Power

 

0

     7.   

Sole Dispositive Power

 

0

     8.   

Shared Dispositive Power

 

0

  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

0

10.  

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

 

11.  

Percent of Class Represented by Amount in Row (9)

 

0%

12.  

Type of Reporting Person (See Instructions)

 

OO


CUSIP No. 46123D 20 5

 

  (1)   

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)

 

45th Parallel LLC

  (2)  

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

(a)  x        (b)  ¨

 

  (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

 

0

     (6)   

Shared Voting Power

 

0

     (7)   

Sole Dispositive Power

 

0

     (8)   

Shared Dispositive Power

 

0

  (9)  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

0

(10)  

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

 

(11)  

Percent of Class Represented by Amount in Row (9)

 

0%

(12)  

Type of Reporting Person (See Instructions)

 

OO


CUSIP No. 46123D 20 5

 

  (1)   

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)

 

PAR SF II LLC

  (2)  

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

(a)  x        (b)  ¨

 

  (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

 

0

     (6)   

Shared Voting Power

 

0

     (7)   

Sole Dispositive Power

 

0

     (8)   

Shared Dispositive Power

 

0

  (9)  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

0

(10)  

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

 

(11)  

Percent of Class Represented by Amount in Row (9)

 

0%

(12)  

Type of Reporting Person (See Instructions)

 

OO


CUSIP No. 46123D 20 5

 

  1.   

Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)

 

Vincent R. Worms

  2.  

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

(a)  x        (b)  ¨

 

  3.  

SEC Use Only

 

  4.  

Citizenship or Place of Organization

 

United States of America

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

 

     5.    

Sole Voting Power

 

0

     6.   

Shared Voting Power

 

0

     7.   

Sole Dispositive Power

 

0

     8.   

Shared Dispositive Power

 

0

  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

0

10.  

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

 

11.  

Percent of Class Represented by Amount in Row (9)

 

0%

12.  

Type of Reporting Person (See Instructions)

 

IN


Item 1.     
   (a)  

Name of Issuer

 

InvenSense, Inc.

   (b)  

Address of Issuer’s Principal Executive Offices

 

1745 Technology Drive

San Jose, California

Item 2.     
   (a)  

Name of Person Filing

 

Partech U.S. Partners IV LLC (“Partech U.S.”)

 

47th Parallel LLC (“47th Parallel”)

 

45th Parallel LLC (“45th Parallel”)

 

PAR SF II LLC (“PAR SF”)

 

Vincent R. Worms

   (b)  

Address of Principal Business Office or, if none, Residence

 

The address of Partech U.S., 47th Parallel, 45th Parallel and PAR SF is:

 

209 Orange Street

Wilmington, DE 19801

 

The address of Vincent R. Worms is:

 

50 California Street, Ste. 3200

San Francisco, CA 94111

   (c)  

Citizenship

 

Partech U.S. – Delaware limited liability company

 

47th Parallel – Delaware limited liability company

 

45th Parallel – Delaware limited liability company

 

Par SF – Delaware limited liability company

 

Vincent R. Worms – France

   (d)  

Title of Class of Securities

 

Common Stock, par value $0.001 per share (the “Common Stock”), of InvenSense, Inc.

   (e)  

CUSIP Number

 

46123D205

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
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:
    

47th Parallel LLC, as the managing member of Partech U.S., may be deemed to beneficially own securities held by Partech U.S. Vincent R. Worms, as the managing member of 47th Parallel and 45th Parallel and as the sole member of PAR SF may be deemed to beneficially own securities held by 45th Parallel and PAR SF. As of December 31, 2013, neither Partech U.S., 47th Parallel, 45th Parallel, PAR SF nor Vincent Worms directly own or may deemed to beneficially own any shares of Common Stock.

   (b)  

Percent of class:

 

0% Partech U.S. Partners IV LLC

 

0% 47th Parallel LLC

 

0% 45th Parallel

 

0% PAR SF

 

0% Vincent R. Worms

   (c)  

Number of shares as to which the person has:

 

     NUMBER OF SHARES  

Reporting Person

   (i)      (ii)      (iii)      (iv)  

Partech U.S.

     0         0         0         0   

47th Parallel

     0         0         0         0   

45th Parallel

     0         0         0         0   

PAR SF

     0         0         0         0   

Vincent R. Worms

     0         0         0         0   

 

  (i) Sole power to vote or direct the vote
  (ii) Shared power to vote or to direct the vote
  (iii) Sole power to dispose or to direct the disposition of
  (iv) Shared power to dispose or to direct the disposition of

 

 


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    x.
Item 6.    Ownership of More than Five Percent on Behalf of Another Person
See 4(a) and 4(b) above.
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
Not applicable.


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: January 22, 2014

 

PARTECH U.S. PARTNERS IV LLC
By:   47th Parallel, LLC, Managing Member
 

By:

 

 

/s/ Vincent R. Worms

    Vincent R. Worms, Managing Member
47TH PARALLEL LLC

By:

 

 

/s/ Vincent R. Worms

  Vincent R. Worms, Managing Member
45TH PARALLEL LLC

By:

 

 

/s/ Vincent R. Worms

  Vincent R. Worms, Managing Member
PAR SF II LLC

By:

 

 

/s/ Vincent R. Worms

  Vincent R. Worms, Managing Member

/s/ Vincent R. Worms

Vincent R. Worms

ATTENTION

Intentional misstatements or omissions of fact constitute Federal Criminal Violations (See 18 U.S.C. 1001).

 


Exhibit I

JOINT FILING AGREEMENT

Pursuant to Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree that only one statement containing the information required by Schedule 13G need be filed with respect to the ownership by each of the undersigned of the shares of Common Stock of InvenSense, Inc.

This Agreement may be executed in any number of counterparts, each of which shall be deemed an original.

DATED: January 22, 2014.

 

PARTECH U.S. PARTNERS IV LLC
By:   47th Parallel, LLC, Managing Member
 

By:

 

 

/s/ Vincent R. Worms

    Vincent R. Worms, Managing Member
47TH PARALLEL LLC

By:

 

 

/s/ Vincent R. Worms

  Vincent R. Worms, Managing Member
45TH PARALLEL LLC

By:

 

 

/s/ Vincent R. Worms

  Vincent R. Worms, Managing Member
PAR SF II LLC

By:

 

 

/s/ Vincent R. Worms

  Vincent R. Worms, Managing Member

/s/ Vincent R. Worms

Vincent R. Worms