Sec Form 13G Filing - FOUNDATION CAPITAL VI LP filing for Sunrun Inc. (RUN) - 2019-01-31

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.
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SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

 

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 3)

 

 

Sunrun, Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

86771W105

(CUSIP Number)

December 31, 2018

(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).

 

 

 


CUSIP No. 86771W105    13G   

 

  1.       

   Names of Reporting Persons

 

   Foundation Capital VI, L.P.

  2.      

  Check the Appropriate Box if a Member of a Group (see instructions)

  (a)  ☐        (b)  ☒ (1)

 

  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 shares     

  6.     

  Shared Voting Power

 

  0 shares     

  7.     

  Sole Dispositive Power

 

  0 shares     

  8.     

  Shared Dispositive Power

 

  0 shares     

  9.      

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  0 shares     

10.      

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares (see instructions)

 

  ☐

11.      

  Percent of Class Represented by Amount in Row 9

 

  0.0%     

12.      

  Type of Reporting Person (see instructions)

 

  PN     

 

(1)

This Schedule 13G is filed by Foundation Capital VI, L.P. (“FC6”), Foundation Capital VI Principals Fund, L.L.C. (“FC6P”) and Foundation Capital Management Co. VI, L.L.C. (“FC6M” and together with FC6 and FC6P, collectively, the “Reporting Persons”). The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.

 

2


 

CUSIP No. 86771W105    13G   

 

  1.       

   Names of Reporting Persons

 

   Foundation Capital VI Principals Fund, L.L.C.

  2.      

  Check the Appropriate Box if a Member of a Group (see instructions)

  (a)  ☐        (b)  ☒ (1)

 

  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 shares     

  6.     

  Shared Voting Power

 

  0 shares     

  7.     

  Sole Dispositive Power

 

  0 shares     

  8.     

  Shared Dispositive Power

 

  0 shares     

  9.      

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  0 shares     

10.      

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares (see instructions)

 

  ☐

11.      

  Percent of Class Represented by Amount in Row 9

 

  0.0%     

12.      

  Type of Reporting Person (see instructions)

 

  OO     

 

(1)

This Schedule 13G is filed by the Reporting Persons. The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.

 

3


CUSIP No. 86771W105    13G   

 

  1.       

    Names of Reporting Persons

 

   Foundation Capital Management Co. VI, L.L.C.

  2.      

  Check the Appropriate Box if a Member of a Group (see instructions)

  (a)  ☐        (b)  ☒ (1)

 

  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 shares     

  6.     

  Shared Voting Power

 

  0 shares     

  7.     

  Sole Dispositive Power

 

  0 shares     

  8.     

  Shared Dispositive Power

 

  0 shares     

  9.      

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  0 shares     

10.      

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares (see instructions)

 

  ☐

11.      

  Percent of Class Represented by Amount in Row 9

 

  0.0%     

12.      

  Type of Reporting Person (see instructions)

 

  OO     

 

(1)

This Schedule 13G is filed by the Reporting Persons. The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.

 

4


Item 1(a).

Name of Issuer:

 

 

Sunrun, Inc.

 

Item 1(b).

Address of Issuer’s Principal Executive Offices:

 

 

595 Market Street, 29th Floor

 

San Francisco, California 94105

 

Item 2(a).

Name of Person Filing:

 

 

Foundation Capital VI, L.P. (“FC6”)

 

Foundation Capital VI Principals Fund, L.L.C. (“FC6P”)

 

Foundation Capital Management Co. VI, L.L.C. (“FC6M”)

 

Item 2(b).

Address of Principal Business Office or, if none, Residence:

 

 

c/o Foundation Capital

 

550 High Street, 3rd Floor

 

Palo Alto, California 94301

 

Item 2(c).

Citizenship:

 

 

FC6 – Delaware

 

FC6P – Delaware

 

FC6M – Delaware

 

Item 2(d).

Title of Class of Securities:           Common Stock

 

Item 2(e).

CUSIP Number:                            86771W105

 

Item 3.

Not applicable.

 

Item 4.

Ownership. The following information with respect to the ownership of the Common Stock by the Reporting Persons filing this statement on Schedule 13G is provided as of December 31, 2018:

 

Reporting Persons    Shares
Held
Directly
     Sole
Voting
Power
     Shared
Voting
Power
     Sole
Dispositive
Power
     Shared
Dispositive
Power
     Beneficial
Ownership
     Percentage
of Class
 

FC6

     0        0        0        0        0        0        0.0

FC6P

     0        0        0        0        0        0        0.0

FC6M

     0        0        0        0        0        0        0.0

 

Item 5.

Ownership of 5 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 5 percent of the class of securities, check the following

 

Item 6.

Ownership of More than 5 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.

 < /p>

5


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

 

 

Not applicable.

 

6


SIGNATURES

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 31, 2019

 

FOUNDATION CAPITAL MANAGEMENT CO. VI, L.L.C.
By:  

/s/ William B. Elmore

  Manager
FOUNDATION CAPITAL VI, L.P.
By:   Foundation Capital Management Co. VI, L.L.C.,
its General Partner
By:  

/s/ William B. Elmore

  Manager
FOUNDATION CAPITAL VI PRINCIPALS FUND, L.L.C.
By:   Foundation Capital Management Co. VI, L.L.C.,
its Manager
By:  

/s/ William B. Elmore

  Manager

 

Attention:

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

 

7


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 Sunrun, Inc.

Dated: January 31, 2019

 

FOUNDATION CAPITAL MANAGEMENT CO. VI, L.L.C.
By:  

/s/ William B. Elmore

  Manager
FOUNDATION CAPITAL VI, L.P.
By:   Foundation Capital Management Co. VI, L.L.C.,
its General Partner
By:  

/s/ William B. Elmore

  Manager
FOUNDATION CAPITAL VI PRINCIPALS FUND, L.L.C.
By:   Foundation Capital Management Co. VI, L.L.C.,
its Manager
By:  

/s/ William B. Elmore

  Manager

 

8