Amended Statement of Ownership (sc 13g/a)

Date : 02/14/2020 @ 12:08PM
Source : Edgar (US Regulatory)
Stock : Neuronetics Inc (STIM)
Quote : 3.31  0.04 (1.22%) @ 11:00PM
Neuronetics share price Chart

Amended Statement of Ownership (sc 13g/a)

OMB APPROVAL
OMB Number:   3235-0145
Expires:   February 28, 2010
Estimated average burden
hours per response   10.4

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(AMENDMENT NO__1_____)*

 

 

Neuronetics, Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

64131A 105

(CUSIP Number)

December 31, 2019

(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)

☒ 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).

 

 

 

 

Page 1 of 11 Pages


Cusip No. 64131A 105    13G    Page 2 of 11 Pages

 

  1    

  NAME OF REPORTING PERSONS

  I.R.S. IDENTIFICATION NO(S). OF ABOVE PERSON(S) (ENTITIES ONLY)

 

  InterWest Partners VIII, LP

  2  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☐

 

  3  

  SEC USE ONLY

 

  4  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  California

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

REPORTING

PERSON

WITH

     5     

  SOLE VOTING POWER

 

  994,315

     6   

  SHARED VOTING POWER

 

  0

     7   

  SOLE DISPOSITIVE POWER

 

  994,315

     8   

  SHARED DISPOSITIVE POWER

 

  0

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  994,315

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% (1)

12  

  TYPE OF REPORTING PERSON

 

  PN

 

(1)

Based upon 18,632,268 shares of the Issuer’s Common Stock outstanding as of October 31, 2019, as reported in the Issuer’s Form 10-Q filed with the Securities and Exchange Commission (the “SEC”) on November 5, 2019.

 

Page 2 of 11 Pages


Cusip No. 64131A 105    13G    Page 3 of 11 Pages

 

  1    

  NAME OF REPORTING PERSONS

  I.R.S. IDENTIFICATION NO(S). OF ABOVE PERSON(S) (ENTITIES ONLY)

 

  InterWest Investors VIII, LP

  2  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☐

 

  3  

  SEC USE ONLY

 

  4  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  California

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

REPORTING

PERSON

WITH

     5     

  SOLE VOTING POWER

 

  7,932

     6   

  SHARED VOTING POWER

 

  0

     7   

  SOLE DISPOSITIVE POWER

 

  7,932

     8   

  SHARED DISPOSITIVE POWER

 

  0

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  7,932

10  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES:

 

  ☐

11  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

  Less than 0.1% (1)

12  

  TYPE OF REPORTING PERSON

 

  PN

 

(1)

Based upon 18,632,268 shares of the Issuer’s Common Stock outstanding as of October 31, 2019, as reported in the Issuer’s Form 10-Q filed with the Securities and Exchange Commission (the “SEC”) on November 5, 2019.

 

Page 3 of 11 Pages


Cusip No. 64131A 105    13G    Page 4 of 11 Pages

 

  1    

  NAME OF REPORTING PERSONS

  I.R.S. IDENTIFICATION NO(S). OF ABOVE PERSON(S) (ENTITIES ONLY)

 

  InterWest Investors Q VIII, LP

  2  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☐

 

  3  

  SEC USE ONLY

 

  4  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  California

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

REPORTING

PERSON

WITH

     5     

  SOLE VOTING POWER

 

  28,442

     6   

  SHARED VOTING POWER

 

  0

     7   

  SOLE DISPOSITIVE POWER

 

  28,442

     8   

  SHARED DISPOSITIVE POWER

 

  0

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  28,442

10  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES:

 

  ☐

11  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

  0.2% (1)

12  

  TYPE OF REPORTING PERSON

  PN

 

 

(1)

Based upon 18,632,268 shares of the Issuer’s Common Stock outstanding as of October 31, 2019, as reported in the Issuer’s Form 10-Q filed with the Securities and Exchange Commission (the “SEC”) on November 5, 2019.

 

Page 4 of 11 Pages


Cusip No. 64131A 105    13G    Page 5 of 11 Pages

 

  1    

  NAME OF REPORTING PERSONS

  I.R.S. IDENTIFICATION NO(S). OF ABOVE PERSON(S) (ENTITIES ONLY)

 

InterWest Management Partners VIII, LLC (the General Partner of InterWest Partners VIII, LP, InterWest Investors VIII, LP, and InterWest Investors Q VIII, LP)

  2  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☐

 

  3  

  SEC USE ONLY

 

  4  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  California

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

REPORTING

PERSON

WITH

     5     

  SOLE VOTING POWER

 

  1,030,689

     6   

  SHARED VOTING POWER

 

  0

     7   

  SOLE DISPOSITIVE POWER

 

  1,030,689

     8   

  SHARED DISPOSITIVE POWER

 

  0

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  1,030,689

10  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES:

 

  ☐

11  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

  5.5% (1)

12  

  TYPE OF REPORTING PERSON

  OO

 

 

(1)

Based upon 18,632,268 shares of the Issuer’s Common Stock outstanding as of October 31, 2019, as reported in the Issuer’s Form 10-Q filed with the Securities and Exchange Commission (the “SEC”) on November 5, 2019.

 

Page 5 of 11 Pages


Cusip No. 64131A 105    13G    Page 6 of 11 Pages

 

  1    

  NAME OF REPORTING PERSONS

  I.R.S. IDENTIFICATION NO(S). OF ABOVE PERSON(S) (ENTITIES ONLY)

 

  Gilbert H. Kliman (a Managing Director of InterWest Management Partners VIII, LLC)

  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

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

REPORTING

PERSON

WITH

     5     

  SOLE VOTING POWER

 

  0

     6   

  SHARED VOTING POWER

 

  1,030,689

     7   

  SOLE DISPOSITIVE POWER

 

  0

     8   

  SHARED DISPOSITIVE POWER

 

  1,030,689

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  1,030,689

10  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES:

 

  ☐

11  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

  5.5%

12  

  TYPE OF REPORTING PERSON

  IN

 

Neither the filing of this statement on Schedule 13G nor any of its contents shall be deemed to constitute an admission by Gilbert H. Kliman that he is the beneficial owner of any of the Common Stock referred to herein for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, or for any other purpose, and such beneficial ownership is expressly disclaimed, except to the extent of his pecuniary interest.

 

Page 6 of 11 Pages


Cusip No. 64131A 105    13G    Page 7 of 11 Pages

 

  1    

  NAME OF REPORTING PERSONS

  I.R.S. IDENTIFICATION NO(S). OF ABOVE PERSON(S) (ENTITIES ONLY)

 

  Arnold L. Oronsky (a Managing Director of InterWest Management Partners VIII, LLC)

  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

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

REPORTING

PERSON

WITH

     5     

  SOLE VOTING POWER

 

  0

     6   

  SHARED VOTING POWER

 

  1,030,689

     7   

  SOLE DISPOSITIVE POWER

 

  0

     8   

  SHARED DISPOSITIVE POWER

 

  1,030,689

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  1,030,689

10  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES:

 

  ☐

11  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

  5.5%

12  

  TYPE OF REPORTING PERSON

  IN

 

Neither the filing of this statement on Schedule 13G nor any of its contents shall be deemed to constitute an admission by Arnold L. Oronsky that he is the beneficial owner of any of the Common Stock referred to herein for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, or for any other purpose, and such beneficial ownership is expressly disclaimed, except to the extent of his pecuniary interest.

 

Page 7 of 11 Pages


ITEM 1.

 

(a)

NAME OF ISSUER : Neuronetics, Inc.

 

(b)

ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICE:

3222 Phoenixville Pike, Malvern, PA 19355

ITEM 2.

 

(a)

NAME OF PERSON(S) FILING:

InterWest Partners VIII, LP (“IWP VIII”)

InterWest Investors VIII, LP (“II VIII”)

InterWest Investors Q VIII, LP (“IIQ VIII”)

InterWest Management Partners VIII, LLC (“IMP VIII”)

Gilbert H. Kliman (“Kliman”)

Arnold L. Oronsky (“Oronsky”)

 

(b)

ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:

2710 Sand Hill Road, Suite 200, Menlo Park, CA 94025

 

(c)

CITIZENSHIP/PLACE OF ORGANIZATION:

 

  IWP VIII:    California
  II VIII:    California
  IIQ VIII:    California
  IMP VIII:    California
  Kliman:    United States
  Oronsky:    United States

 

Page 8 of 11 Pages


(d)

TITLE OF CLASS OF SECURITIES: Common Stock

 

(e)

CUSIP NUMBER: 64131A 105

ITEM 3. NOT APPLICABLE.

ITEM 4. OWNERSHIP.

 

     IWP VIII     II VIII     IIQ VIII     IMP VIII (1)  

Beneficial Ownership

     994,315       7,932       28,442       1,030,689  

Percentage of Class

     5.3 % (3)     Less than 0.1 % (3)      0.2 % (3)      5.5 % (3)

Sole Voting Power

     994,315       7,932       28,442       1,030,689  

Shared Voting Power

     0       0       0       0  

Sole Dispositive Power

     994,315       7,932       28,442       1,030,689  

Shared Dispositive Power

     0       0       0       0  

 

     Kliman (2)     Oronsky (2)  

Beneficial Ownership

     1,030,689       1,030,689  

Percentage of Class

     5.5 % (3)      5.5 % (3) 

Sole Voting Power

     0       0  

Shared Voting Power

     1,030,689       1,030,689  

Sole Dispositive Power

     0       0  

Shared Dispositive Power

     1,030,689       1,030,689  

 

(1)

IMP VIII serves as the general partner of IWP VIII, II VIII and IIQ VIII.

(2)

Kliman and Oronsky are Managing Directors of IMP VIII, and share voting and dispositive power over the shares held by IWP VIII, II VIII, and IIQ VIII. Beneficial ownership is expressly disclaimed, except to the extent of their pecuniary interest.

(3)

Based upon 18,632,268 shares of the Issuer’s Common Stock outstanding as of October 31, 2019, as reported in the Issuer’s Form 10-Q filed with the Securities and Exchange Commission (the “SEC”) on November 5, 2019.

 

Page 9 of 11 Pages


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.

Under certain circumstances set forth in the limited liability company operating agreement of IMP VIII, the members of such limited liability company have the right to receive dividends from, or the proceeds from the sale of, the common stock of Issuer beneficially owned by such limited liability company.

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.

No reporting person is a member of a group as defined in section 240.13d-1(b)(1)(iii)(H) of the Act.

ITEM 9. NOTICE OF DISSOLUTION OF THE GROUP.

Not applicable.

ITEM 10. CERTIFICATION.

Not applicable.

EXHIBITS

Joint Filing Statement attached as Exhibit A.

 

Page 10 of 11 Pages


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.

 

Date:   February 14, 2020

 

By:   

/s/ Gilbert H. Kliman by Karen A. Wilson, Power of Attorney

  

    INTERWEST PARTNERS VIII, LP

Name: Gilbert H. Kliman   

    By: InterWest Management Partners VIII, LLC

     

    its General Partner

By:   

/s/ Arnold L. Oronsky                

               By:   

/s/ Arnold L. Oronsky

Name: Arnold L. Oronsky   
   INTERWEST INVESTORS VIII, LP
      By:    InterWest Management Partners VIII, LLC
      its General Partner
      By:   

/s/ Arnold L. Oronsky

         Managing Director
      INTERWEST INVESTORS Q VIII, LP
      By:    InterWest Management Partners VIII, LLC
         its General Partner
      By:   

/s/ Arnold L. Oronsky

         Managing Director
      INTERWEST MANAGEMENT PARTNERS VIII, LLC
      By:   

/s/ Arnold L. Oronsky

         Managing Director

 

Page 11 of 11 Pages

Neuronetics (NASDAQ:STIM)
Historical Stock Chart

1 Year : From Feb 2019 to Feb 2020

Click Here for more Neuronetics Charts.

Neuronetics (NASDAQ:STIM)
Intraday Stock Chart

Today : Wednesday 19 February 2020

Click Here for more Neuronetics Charts.

Latest STIM Messages

{{bbMessage.M_Alias}} {{bbMessage.MSG_Date}} {{bbMessage.HowLongAgo}} {{bbMessage.MSG_ID}} {{bbMessage.MSG_Subject}}

Loading Messages....


No posts yet, be the first! No {{symbol}} Message Board. Create One! See More Posts on {{symbol}} Message Board See More Message Board Posts
Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:us D:20200220 03:06:00