Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
- Peter Lynch
What is insider trading>>
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UNITED STATES |
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SECURITIES AND EXCHANGE COMMISSION |
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Washington, D.C. 20549 |
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SCHEDULE 13G/A
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
DARÉ BIOSCIENCE, INC.
(Name of Issuer)
Common Stock, $0.0001 par value
(Title of Class of Securities)
23666P 101
(CUSIP Number)
December 31, 2017
(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 persons 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. 23666P 101 | |||||
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1. |
Name of Reporting Persons | |||
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2. |
Check the Appropriate Box if a Member of a Group (See Instructions) | |||
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(a) |
x(1) | ||
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(b) |
o | ||
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3. |
SEC Use Only | |||
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4. |
Citizenship or Place of Organization | |||
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Number of |
5. |
Sole Voting Power | |||
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6. |
Shared Voting Power | ||||
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7. |
Sole Dispositive Power | ||||
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8. |
Shared Dispositive Power | ||||
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9. |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||
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10. |
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o | |||
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11. |
Percent of Class Represented by Amount in Row (9) | |||
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12. |
Type of Reporting Person (See Instructions) | |||
(1) |
Venrock Partners V, L.P., Venrock Associates V, L.P., Venrock Entrepreneurs Fund V, L.P., Venrock Partners Management V, LLC (the general partner of Venrock Partners V, L.P.), Venrock Management V, LLC (the general partner of Venrock Associates V, L.P.) and VEF Management V, LLC (the general partner of Venrock Entrepreneurs Fund V, L.P.) are members of a group for purposes of this Schedule 13G/A. |
(2) |
Consists of (i) 23,063 shares of common stock held by Venrock Partners V, L.P., (ii) 272,045 shares of common stock held by Venrock Associates V, L.P., and (iii) 6,390 shares of common stock held by Venrock Entrepreneurs Fund V, L.P. |
(3) |
This percentage is calculated based upon 6,047,161 shares of common stock outstanding as of November 6, 2017, as reported in the Issuers Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 13, 2017. |
CUSIP No. 23666P 101 | |||||
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1. |
Name of Reporting Persons | |||
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2. |
Check the Appropriate Box if a Member of a Group (See Instructions) | |||
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(a) |
x(1) | ||
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(b) |
o | ||
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3. |
SEC Use Only | |||
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4. |
Citizenship or Place of Organization | |||
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Number of |
5. |
Sole Voting Power | |||
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6. |
Shared Voting Power | ||||
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7. |
Sole Dispositive Power | ||||
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8. |
Shared Dispositive Power | ||||
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9. |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||
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10. |
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o | |||
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11. |
Percent of Class Represented by Amount in Row (9) | |||
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12. |
Type of Reporting Person (See Instructions) | |||
(1) |
Venrock Partners V, L.P., Venrock Associates V, L.P., Venrock Entrepreneurs Fund V, L.P., Venrock Partners Management V, LLC (the general partner of Venrock Partners V, L.P.), Venrock Management V, LLC (the general partner of Venrock Associates V, L.P.) and VEF Management V, LLC (the general partner of Venrock Entrepreneurs Fund V, L.P.) are members of a group for purposes of this Schedule 13G/A. |
(2) |
Consists of (i) 23,063 shares of common stock held by Venrock Partners V, L.P., (ii) 272,045 shares of common stock held by Venrock Associates V, L.P., and (iii) 6,390 shares of common stock held by Venrock Entrepreneurs Fund V, L.P. |
(3) |
This percentage is calculated based upon 6,047,161 shares of common stock outstanding as of November 6, 2017, as reported in the Issuers Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 13, 2017. |
CUSIP No. 23666P 101 | |||||
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1. |
Name of Reporting Persons | |||
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2. |
Check the Appropriate Box if a Member of a Group (See Instructions) | |||
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(a) |
x(1) | ||
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(b) |
o | ||
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3. |
SEC Use Only | |||
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4. |
Citizenship or Place of Organization | |||
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Number of |
5. |
Sole Voting Power | |||
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6. |
Shared Voting Power | ||||
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7. |
Sole Dispositive Power | ||||
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8. |
Shared Dispositive Power | ||||
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9. |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||
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10. |
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o | |||
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11. |
Percent of Class Represented by Amount in Row (9) | |||
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12. |
Type of Reporting Person (See Instructions) | |||
(1) |
Venrock Partners V, L.P., Venrock Associates V, L.P., Venrock Entrepreneurs Fund V, L.P., Venrock Partners Management V, LLC (the general partner of Venrock Partners V, L.P.), Venrock Management V, LLC (the general partner of Venrock Associates V, L.P.) and VEF Management V, LLC (the general partner of Venrock Entrepreneurs Fund V, L.P.) are members of a group for purposes of this Schedule 13G/A. |
(2) |
Consists of (i) 23,063 shares of common stock held by Venrock Partners V, L.P., (ii) 272,045 shares of common stock held by Venrock Associates V, L.P., and (iii) 6,390 shares of common stock held by Venrock Entrepreneurs Fund V, L.P. |
(3) |
This percentage is calculated based upon 6,047,161 shares of common stock outstanding as of November 6, 2017, as reported in the Issuers Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 13, 2017. |
CUSIP No. 23666P 101 | |||||
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1. |
Name of Reporting Persons | |||
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2. |
Check the Appropriate Box if a Member of a Group (See Instructions) | |||
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(a) |
x(1) | ||
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(b) |
o | ||
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3. |
SEC Use Only | |||
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4. |
Citizenship or Place of Organization | |||
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Number of |
5. |
Sole Voting Power | |||
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6. |
Shared Voting Power | ||||
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7. |
Sole Dispositive Power | ||||
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8. |
Shared Dispositive Power | ||||
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9. |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||
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10. |
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o | |||
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11. |
Percent of Class Represented by Amount in Row (9) | |||
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12. |
Type of Reporting Person (See Instructions) | |||
(1) |
Venrock Partners V, L.P., Venrock Associates V, L.P., Venrock Entrepreneurs Fund V, L.P., Venrock Partners Management V, LLC (the general partner of Venrock Partners V, L.P.), Venrock Management V, LLC (the general partner of Venrock Associates V, L.P.) and VEF Management V, LLC (the general partner of Venrock Entrepreneurs Fund V, L.P.) are members of a group for purposes of this Schedule 13G/A. |
(2) |
Consists of (i) 23,063 shares of common stock held by Venrock Partners V, L.P., (ii) 272,045 shares of common stock held by Venrock Associates V, L.P., and (iii) 6,390 shares of common stock held by Venrock Entrepreneurs Fund V, L.P. |
(3) |
This percentage is calculated based upon 6,047,161 shares of common stock outstanding as of November 6, 2017, as reported in the Issuers Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 13, 2017. |
CUSIP No. 23666P 101 | |||||
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1. |
Name of Reporting Persons | |||
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2. |
Check the Appropriate Box if a Member of a Group (See Instructions) | |||
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(a) |
x(1) | ||
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(b) |
o | ||
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3. |
SEC Use Only | |||
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4. |
Citizenship or Place of Organization | |||
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Number of |
5. |
Sole Voting Power | |||
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6. |
Shared Voting Power | ||||
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7. |
Sole Dispositive Power | ||||
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8. |
Shared Dispositive Power | ||||
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9. |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||
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10. |
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o | |||
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11. |
Percent of Class Represented by Amount in Row (9) | |||
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12. |
Type of Reporting Person (See Instructions) | |||
(1) |
Venrock Partners V, L.P., Venrock Associates V, L.P., Venrock Entrepreneurs Fund V, L.P., Venrock Partners Management V, LLC (the general partner of Venrock Partners V, L.P.), Venrock Management V, LLC (the general partner of Venrock Associates V, L.P.) and VEF Management V, LLC (the general partner of Venrock Entrepreneurs Fund V, L.P.) are members of a group for purposes of this Schedule 13G/A. |
(2) |
Consists of (i) 23,063 shares of common stock held by Venrock Partners V, L.P., (ii) 272,045 shares of common stock held by Venrock Associates V, L.P., and (iii) 6,390 shares of common stock held by Venrock Entrepreneurs Fund V, L.P. |
(3) |
This percentage is calculated based upon 6,047,161 shares of common stock outstanding as of November 6, 2017, as reported in the Issuers Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 13, 2017. |
CUSIP No. 23666P 101 | |||||
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1. |
Name of Reporting Persons | |||
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2. |
Check the Appropriate Box if a Member of a Group (See Instructions) | |||
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(a) |
x(1) | ||
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(b) |
o | ||
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3. |
SEC Use Only | |||
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4. |
Citizenship or Place of Organization | |||
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Number of |
5. |
Sole Voting Power | |||
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6. |
Shared Voting Power | ||||
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7. |
Sole Dispositive Power | ||||
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8. |
Shared Dispositive Power | ||||
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9. |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||
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10. |
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) o | |||
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11. |
Percent of Class Represented by Amount in Row (9) | |||
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12. |
Type of Reporting Person (See Instructions) | |||
(1) |
Venrock Partners V, L.P., Venrock Associates V, L.P., Venrock Entrepreneurs Fund V, L.P., Venrock Partners Management V, LLC (the general partner of Venrock Partners V, L.P.), Venrock Management V, LLC (the general partner of Venrock Associates V, L.P.) and VEF Management V, LLC (the general partner of Venrock Entrepreneurs Fund V, L.P.) are members of a group for purposes of this Schedule 13G/A. |
(2) |
Consists of (i) 23,063 shares of common stock held by Venrock Partners V, L.P., (ii) 272,045 shares of common stock held by Venrock Associates V, L.P., and (iii) 6,390 shares of common stock held by Venrock Entrepreneurs Fund V, L.P. |
(3) |
This percentage is calculated based upon 6,047,161 shares of common stock outstanding as of November 6, 2017, as reported in the Issuers Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 13, 2017. |
Introductory Note: This Statement on Schedule 13G/A is filed on behalf of Venrock Partners V, L.P., a limited partnership organized under the laws of the State of Delaware (VP5), Venrock Associates V, L.P., a limited partnership organized under the laws of the State of Delaware (V5), Venrock Entrepreneurs Fund V, L.P., a limited partnership organized under the laws of the State of Delaware (VEF), Venrock Partners Management V, LLC, a limited liability company organized under the laws of the State of Delaware (VPM), Venrock Management V, LLC, a limited liability company organized under the laws of the State of Delaware (VM) and VEF Management V, LLC, a limited liability company organized under the laws of the State of Delaware (VEFM and collectively with VP5, V5, VEF, VPM and VM, the Venrock Entities) in respect of shares of common stock of Daré Bioscience, Inc.
Item 1.
(a) |
Name of Issuer |
Daré Bioscience, Inc.
(b) |
Address of Issuers Principal Executive Offices |
11119 North Torrey Pines Road, Suite 200
La Jolla, California 92037
Item 2.
(a) |
Name of Person Filing |
Venrock Partners V, L.P.
Venrock Associates V, L.P.
Venrock Entrepreneurs Fund V, L.P.
Venrock Partners Management V, LLC
Venrock Management V, LLC
VEF Management V, LLC
(b) |
Address of Principal Business Office or, if none, Residence |
New York Office: |
Palo Alto Office: |
Boston Office: |
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530 Fifth Avenue |
3340 Hillview Avenue |
34 Farnsworth Street |
22nd Floor |
Palo Alto, CA 94304 |
3rd Floor |
New York, NY 10036 |
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Boston, MA 02210 |
(c) |
Citizenship |
Each of VP5, V5 and VEF are limited partnerships organized in the State of Delaware. Each of VPM, VM and VEFM are limited liability companies organized in the State of Delaware.
(d) |
Title of Class of Securities |
Common Stock
(e) |
CUSIP Number |
23666P 101
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: |
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Not applicable |
Item 4. |
Ownership | |
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(a) |
Amount Beneficially Owned as of December 31, 2017: |
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Venrock Partners V, L.P. |
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301,498 |
(1) |
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Venrock Associates V, L.P. |
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301,498 |
(1) |
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Venrock Entrepreneurs Fund V, L.P. |
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301,498 |
(1) |
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Venrock Partners Management V, LLC |
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301,498 |
(1) |
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Venrock Management V, LLC |
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301,498 |
(1) |
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VEF Management V, LLC |
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301,498 |
(1) |
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(b) |
Percent of Class as of December 31, 2017: |
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Venrock Partners V, L.P. |
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4.99 |
% |
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Venrock Associates V, L.P. |
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4.99 |
% |
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Venrock Entrepreneurs Fund V, L.P. |
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4.99 |
% |
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Venrock Partners Management V, LLC |
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4.99 |
% |
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Venrock Management V, LLC |
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4.99 |
% |
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VEF Management V, LLC |
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4.99 |
% |
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(c) |
Number of shares as to which the person has, as of December 31, 2017: |
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(i) |
Sole power to vote or to direct the vote |
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Venrock Partners V, L.P. |
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0 |
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Venrock Associates V, L.P. |
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0 |
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Venrock Entrepreneurs Fund V, L.P. |
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0 |
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Venrock Partners Management V, LLC |
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0 |
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Venrock Management V, LLC |
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0 |
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VEF Management V, LLC |
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0 |
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(ii) |
Shared power to vote or to direct the vote |
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Venrock Partners V, L.P. |
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301,498 |
(1) |
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Venrock Associates V, L.P. |
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301,498 |
(1) |
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Venrock Entrepreneurs Fund V, L.P. |
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301,498 |
(1) |
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Venrock Partners Management V, LLC |
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301,498 |
(1) |
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Venrock Management V, LLC |
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301,498 |
(1) |
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VEF Management V, LLC |
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301,498 |
(1) |
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(V) |
Sole power to dispose or to direct the disposition of |
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Venrock Partners V, L.P. |
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0 |
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Venrock Associates V, L.P. |
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0 |
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Venrock Entrepreneurs Fund V, L.P. |
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0 |
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Venrock Partners Management V, LLC |
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0 |
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Venrock Management V, LLC |
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0 |
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VEF Management V, LLC |
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0 |
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(iv) |
Shared power to dispose or to direct the disposition of |
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Venrock Partners V, L.P. |
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301,498 |
(1) |
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Venrock Associates V, L.P. |
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301,498 |
(1) |
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Venrock Entrepreneurs Fund V, L.P. |
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301,498 |
(1) |
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Venrock Partners Management V, LLC |
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301,498 |
(1) |
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Venrock Management V, LLC |
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301,498 |
(1) |
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VEF Management V, LLC |
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301,498 |
(1) |
(1) |
These shares are owned directly as follows: (i) 23,063 shares of common stock are held by Venrock Partners V, L.P., (ii) 272,045 shares of common stock are held by Venrock Associates V, L.P., and (iii) 6,390 shares of common stock are held by Venrock Entrepreneurs Fund V, L.P. |
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 |
Not Applicable
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 a 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.
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: February 13, 2018
Venrock Partners V, L.P. | ||
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By: |
Venrock Partners Management V, LLC |
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Its: |
General Partner |
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By: |
/s/ David Stepp |
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Authorized Signatory |
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Venrock Associates V, L.P. | ||
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By: |
Venrock Management V, LLC |
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Its: |
General Partner |
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By: |
/s/ David Stepp |
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Authorized Signatory |
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Venrock Entrepreneurs Fund V, L.P. |
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By: |
VEF Management V, LLC |
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Its: |
General Partner |
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By: |
/s/ David Stepp |
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Authorized Signatory |
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Venrock Partners Management V, LLC |
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By: |
/s/ David Stepp |
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Authorized Signatory |
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Venrock Management V, LLC |
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By: |
/s/ David Stepp |
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Authorized Signatory |
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VEF Management V, LLC |
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By: |
/s/ David Stepp |
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Authorized Signatory |
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