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
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G/A
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 1)
RESHAPE LIFESCIENCES INC.
(Name of Issuer)
COMMON STOCK, $0.001 PAR VALUE PER SHARE
(Title of Class of Securities)
76090R101
(CUSIP Number)
September 23, 2024
(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(c)
| * | 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).
(Continued on following page(s))
Page 1 of 5 Pages
| CUSIP No.76090R101 | 13G/A | Page 2 of 5 Pages |
| 1. | NAMES OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Yair Schneid |
| 2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) ☐ (b) ☐ |
| 3. | SEC USE ONLY
|
| 4. | CITIZENSHIP OR PLACE OF ORGANIZATION
USA |
| 5. | SOLE VOTING POWER, NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON – 37,407 Shares (1)(2) |
| 6. | SHARED VOTING POWER – None |
| 7. | SOLE DISPOSITIVE POWER – 37,407 Shares (1)(2) |
| 8. | SHARED DISPOSITIVE POWER – None |
| 9. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON – |
| 37,407 Shares (1)(2) | |
| 10. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES |
| ☐ | |
| 11. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 |
| 8.374% | |
| 12. | TYPE OF REPORTING PERSON |
| IN |
| (1) | Based on 29,387,152 (pre-split) shares outstanding as of August 12, 2024 as reported in Form 10-Q for the quarter ended June 30, 2024 filed with the Securities and Exchange Commission on August 14, 2024. |
| (2) | Reporting Person's holdings are based on the Issuer's post-split shares of 1 for 58. |
| CUSIP No.76090R101 | 13G/A | Page 3 of 5 Pages |
| ITEM 1 | (a) NAME OF ISSUER: Reshape Lifesciences Inc. |
| ITEM 1 | (b) ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICES: |
| 1001 Calle Amanecer, San Clemente, CA 92673 |
| ITEM 2 | (a) NAME OF PERSON FILING: Yair Schneid |
| ITEM 2 | (b) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE: |
| 1 Wood Lane, Suffern, NY 10901 |
| ITEM 2 | (c) CITIZENSHIP: USA |
| ITEM 2 | (d) TITLE OF CLASS OF SECURITIES: Common Shares, $0.001 par value per share |
| ITEM 2 | (e) CUSIP NUMBER: 76090R101 |
| ITEM 3 | IF THIS STATEMENT IS FILED PURSUANT TO RULE 13D-1(B) OR 13D-2(B): Not applicable |
| ITEM 4 | OWNERSHIP |
| (a) AMOUNT BENEFICIALLY OWNED: 37,407 Shares (1)(2) | |
| (b) PERCENT OF CLASS: 8.374% | |
| (c) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS: | |
| (i) SOLE POWER TO VOTE OR DIRECT THE VOTE | |
| 37,407 Shares (1)(2) | |
| (ii) SHARED POWER TO VOTE OR DIRECT THE VOTE | |
| 0 Shares | |
| (iii) SOLE POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF | |
| 37,407 Shares (1)(2) | |
| (iv) SHARED POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF | |
| 0 Shares |
| CUSIP No.76090R101 | 13G/A | Page 4 of 5 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 |
Not applicable
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 A GROUP |
Not applicable
| ITEM 9 | NOTICE OF DISSOLUTION OF GROUP |
Not applicable
| CUSIP No.76090R101 | 13G/A | Page 5 of 5 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.
| September 26, 2024 | |
| (Date) | |
| /s/ Yair Schneid | |
| (Signature) | |
| Yair Schneid | |
| (Name/Title) |