Sec Form 13G Filing - Kleiner Perkins Caufield & Byers XIV LLC filing for Inspirato Inc (ISPO) - 2023-02-03

 

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

Schedule 13G

 

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1 (b), (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2 (b)

(Amendment No. _____)*

 

Inspirato Incorporated

(Name of Issuer)

 

Class A Common Stock

(Title of Class of Securities)

 

45791E107

(CUSIP Number)

 

December 31, 2022

(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 disclosures provided in a prior cover page.

 

The information required on 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 pages)

 

Exhibit Index on Page 8

 

 

 

CUSIP #45791E107

Page 2 of 9

 

1	NAME OF REPORTING PERSONS              Kleiner Perkins Caufield & Byers XIV, LLC (“KPCB XIV”)
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP	(a)	¨	(b)	x
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 10,962,670 shares, except that KPCB XIV Associates, LLC (“Associates”), the managing member of KPCB XIV, may be deemed to have sole power to vote these shares.
	6	SHARED VOTING POWER See response to row 5.
	7	SOLE DISPOSITIVE POWER 10,962,670 shares, except that Associates, the managing member of KPCB XIV, may be deemed to have sole power to dispose of these shares.
	8	SHARED DISPOSITIVE POWER See response to row 7.

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON	10,962,670
10	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES	¨
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9	18.6%
12	TYPE OF REPORTING PERSON	OO

 

 

CUSIP #45791E107

Page 3 of 9

 

1	NAME OF REPORTING PERSONS              KPCB XIV Founders Fund, LLC (“KPCB XIV Founders”)
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP	(a)	¨	(b)	x
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 927,427 shares, except that Associates, the managing member of KPCB XIV Founders, may be deemed to have sole power to vote these shares.
	6	SHARED VOTING POWER See response to row 5.
	7	SOLE DISPOSITIVE POWER 927,427 shares, except that Associates, the managing member of KPCB XIV Founders, may be deemed to have sole power to dispose of these shares.
	8	SHARED DISPOSITIVE POWER See response to row 7.

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON	927,427
10	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES	¨
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9	1.6%
12	TYPE OF REPORTING PERSON	OO

 

 

CUSIP #45791E107

Page 4 of 9

 

1	NAME OF REPORTING PERSONS              KPCB XIV Associates, LLC
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP	(a)	¨	(b)	x
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 11,890,097 shares, of which 10,962,670 are directly owned by KPCB XIV and 927,427 are directly owned by KPCB XIV Founders.  Associates, the managing member of KPCB XIV and KPCB XIV Founders, may be deemed to have sole power to vote these shares.
	6	SHARED VOTING POWER See response to row 5.
	7	SOLE DISPOSITIVE POWER 11,890,097 shares, of which 10,962,670 are directly owned by KPCB XIV and 927,427 are directly owned by KPCB XIV Founders.  Associates, the managing member of KPCB XIV and KPCB XIV Founders, may be deemed to have sole power to dispose of these shares.
	8	SHARED DISPOSITIVE POWER See response to row 7.

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON	11,890,097
10	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES	¨
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9	20.2%
12	TYPE OF REPORTING PERSON	OO

 

 

CUSIP #45791E107

Page 5 of 9

 

ITEM 1(A).

NAME OF ISSUER

 

Inspirato Incorporated (the “Issuer”)

 

ITEM 1(B).

ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICES

 

1544 Wazee Street

Denver, CO

 

ITEM 2(A).

NAME OF PERSONS FILING

 

This Schedule is filed by Kleiner Perkins Caufield & Byers XIV, LLC, a Delaware limited liability company, KPCB XIV Founders Fund, LLC, a Delaware limited liability company, and KPCB XIV Associates, LLC, a Delaware limited liability company. The foregoing entities are collectively referred to as the “Reporting Persons.”

 

ITEM 2(B).

ADDRESS OF PRINCIPAL OFFICE

 

The address for each of the Reporting Persons is:

 

c/o Kleiner Perkins Caufield & Byers
2750 Sand Hill Road
Menlo Park, California 94025

 

ITEM 2(C).

CITIZENSHIP

 

See Row 4 of cover page for each Reporting Person.

 

ITEM 2(D).

TITLE OF CLASS OF SECURITIES

 

Class A Common Stock, $0.0001 par value

 

ITEM 2(E).

CUSIP NUMBER

 

45791E107

 

ITEM 3.

If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a:

 

Not applicable.

 

 

CUSIP #45791E107

Page 6 of 9

 

ITEM 4.

OWNERSHIP

 

The following information with respect to the ownership of the ordinary shares of the Issuer by the persons filing this Statement is provided as of December 31, 2022:

 

(a)

Amount beneficially owned:

 

See Row 9 of cover page for each Reporting Person.

 

(b)

Percent of Class:

 

See Row 11 of cover page for each Reporting Person.

 

(c)

Number of shares as to which such person has:

 

(i)

Sole power to vote or to direct the vote:

 

See Row 5 of cover page for each Reporting Person.

 

(ii)

Shared power to vote or to direct the vote:

 

See Row 6 of cover page for each Reporting Person.

 

(iii)

Sole power to dispose or to direct the disposition of:

 

See Row 7 of cover page for each Reporting Person.

 

(iv)

Shared power to dispose or to direct the disposition of:

 

See Row 8 of cover page for each Reporting Person.

 

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 agreements of the Reporting Persons, the members of such entities may be deemed to have the right to receive dividends from, or the proceeds from, the sale of shares of the Issuer owned by each such entity of which they are a member.

 

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.

 

Not applicable.

 

ITEM 9.

NOTICE OF DISSOLUTION OF GROUP.

 

Not applicable.

 

ITEM 10.

CERTIFICATION.

 

Not applicable.

 

 

CUSIP #45791E107

Page 7 of 9

 

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.

 

Date: February 1, 2023

 

	KLEINER PERKINS CAUFIELD & BYERS XIV, LLC, a Delaware limited liability company
	By: KPCB XIV ASSOCIATES, LLC, a Delaware limited liability company, its managing member
	By:	/s/ Susan Biglieri
		Susan Biglieri
		Chief Financial Officer
	KPCB XIV FOUNDERS FUND, LLC, a Delaware limited liability company
	By: KPCB XIV ASSOCIATES, LLC, a Delaware limited liability company, its managing member
	By:	/s/ Susan Biglieri
		Susan Biglieri
		Chief Financial Officer
	KPCB XIV ASSOCIATES, LLC, a Delaware limited liability company
	By:	/s/ Susan Biglieri
		Susan Biglieri
		Chief Financial Officer

 

 

CUSIP #45791E107

Page 8 of 9

 

EXHIBIT INDEX

 

	Found on Sequentially
Exhibit	Numbered Page
Exhibit A:  Agreement of Joint Filing	9

 

 

CUSIP #45791E107

Page 9 of 9

 

exhibit A

 

Agreement of Joint Filing

 

The undersigned hereby agree that a single Schedule 13G (or any amendment thereto) relating to the common stock of the Issuer shall be filed on behalf of each of the undersigned and that this Agreement shall be filed as an exhibit to such Schedule 13G.

 

Date: February 1, 2023

 

	KLEINER PERKINS CAUFIELD & BYERS XIV, LLC, a Delaware limited liability company
	By: KPCB XIV ASSOCIATES, LLC, a Delaware limited liability company, its managing member
	By:	/s/ Susan Biglieri
		Susan Biglieri
		Chief Financial Officer
	KPCB XIV FOUNDERS FUND, LLC, a Delaware limited liability company
	By: KPCB XIV ASSOCIATES, LLC, a Delaware limited liability company, its managing member
	By:	/s/ Susan Biglieri
		Susan Biglieri
		Chief Financial Officer
	KPCB XIV ASSOCIATES, LLC, a Delaware limited liability company
	By:	/s/ Susan Biglieri
		Susan Biglieri
		Chief Financial Officer