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
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1 (b), (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2
(Amendment No. 2)
NerdWallet, Inc.
(Name of Issuer)
Class A common stock, $0.0001 par value
(Title of Class of Securities)
64082B 10 2
(CUSIP Number)
December 31, 2023
(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).
| CUSIP NO. 64082B 10 2 | 13 G |
| 1 | NAMES OF REPORTING PERSONS.
Institutional Venture Partners XIV, L.P.
| ||
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ¨ (b) x (1)
| ||
| 3 | SEC USE ONLY
| ||
| 4 | CITIZENSHIP
OR PLACE OF ORGANIZATION
| ||
| NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 | SOLE
VOTING POWER 0 | |
| 6 | SHARED
VOTING POWER
| ||
| 7 | SOLE
DISPOSITIVE POWER
| ||
| 8 | SHARED
DISPOSITIVE POWER
| ||
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0
| ||
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* ¨
| ||
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.0% of Class A Common Stock (0.0% of Total Common Stock)
| ||
| 12 | TYPE OF REPORTING PERSON* PN
| ||
| (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. |
| 2. |
| CUSIP NO. 64082B 10 2 | 13 G |
| 1 | NAMES OF REPORTING PERSONS
Institutional Venture Management XIV, LLC
| ||
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ¨ (b) x (1)
| ||
| 3 | SEC USE ONLY
| ||
| 4 | CITIZENSHIP
OR PLACE OF ORGANIZATION
| ||
| NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 | SOLE
VOTING POWER 0 | |
| 6 | SHARED
VOTING POWER
| ||
| 7 | SOLE
DISPOSITIVE POWER
| ||
| 8 | SHARED
DISPOSITIVE POWER
| ||
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0
| ||
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* ¨
| ||
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.0% of Class A Common Stock (0.0% of Total Common Stock)
| ||
| 12 | TYPE OF REPORTING PERSON* 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. 64082B 10 2 | 13 G |
| 1 | NAMES OF REPORTING PERSONS
Todd C. Chaffee
| ||
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ¨ (b) x (1)
| ||
| 3 | SEC USE ONLY
| ||
| 4 | CITIZENSHIP
OR PLACE OF ORGANIZATION
| ||
| NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 | SOLE
VOTING POWER 0 | |
| 6 | SHARED
VOTING POWER
| ||
| 7 | SOLE
DISPOSITIVE POWER
| ||
| 8 | SHARED
DISPOSITIVE POWER
| ||
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0
| ||
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* ¨
| ||
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.0% of Class A Common Stock (0.0% of Total Common Stock)
| ||
| 12 | TYPE OF REPORTING PERSON* IN
| ||
| (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. |
| CUSIP NO. 64082B 10 2 | 13 G |
| 1 | NAMES OF REPORTING PERSONS
Norman A. Fogelsong
| ||
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ¨ (b) x (1)
| ||
| 3 | SEC USE ONLY
| ||
| 4 | CITIZENSHIP
OR PLACE OF ORGANIZATION
| ||
| NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 | SOLE
VOTING POWER 8,308 shares | |
| 6 | SHARED
VOTING POWER
| ||
| 7 | SOLE
DISPOSITIVE POWER
| ||
| 8 | SHARED
DISPOSITIVE POWER
| ||
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0
| ||
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* ¨
| ||
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.0% of Class A Common Stock (0.0% of Total Common Stock)
| ||
| 12 | TYPE OF REPORTING PERSON* IN
| ||
| (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. |
| 5. |
| CUSIP NO. 64082B 10 2 | 13 G |
| 1 | NAMES OF REPORTING PERSONS
Stephen J. Harrick
| ||
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ¨ (b) x (1)
| ||
| 3 | SEC USE ONLY
| ||
| 4 | CITIZENSHIP
OR PLACE OF ORGANIZATION
| ||
| NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 | SOLE
VOTING POWER 0 | |
| 6 | SHARED
VOTING POWER
| ||
| 7 | SOLE
DISPOSITIVE POWER
| ||
| 8 | SHARED
DISPOSITIVE POWER
| ||
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0
| ||
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* ¨
| ||
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.0% of Class A Common Stock (0.0% of Total Common Stock)
| ||
| 12 | TYPE OF REPORTING PERSON* IN
| ||
| (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. |
| 6. |
| CUSIP NO. 64082B 10 2 | 13 G |
| 1 | NAMES OF REPORTING PERSONS
J. Sanford Miller
| ||
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ¨ (b) x (1)
| ||
| 3 | SEC USE ONLY
| ||
| 4 | CITIZENSHIP
OR PLACE OF ORGANIZATION
| ||
| NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 | SOLE
VOTING POWER 0 | |
| 6 | SHARED
VOTING POWER
| ||
| 7 | SOLE
DISPOSITIVE POWER
| ||
| 8 | SHARED
DISPOSITIVE POWER
| ||
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0
| ||
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* ¨
| ||
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.0% of Class A Common Stock (0.0% of Total Common Stock)
| ||
| 12 | TYPE OF REPORTING PERSON* IN
| ||
| (1) | T his Schedule 13G is filed by the Reporting Persons. The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G. |
| 7. |
| CUSIP NO. 64082B 10 2 | 13 G |
| 1 | NAMES OF REPORTING PERSONS
Jules A. Maltz
| ||
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ¨ (b) x (1)
| ||
| 3 | SEC USE ONLY
| ||
| 4 | CITIZENSHIP
OR PLACE OF ORGANIZATION
| ||
| NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 | SOLE
VOTING POWER 3,958 shares | |
| 6 | SHARED
VOTING POWER
| ||
| 7 | SOLE
DISPOSITIVE POWER
| ||
| 8 | SHARED
DISPOSITIVE POWER
| ||
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0
| ||
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* ¨
| ||
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.0% of Class A Common Stock (0.0% of Total Common Stock)
| ||
| 12 | TYPE OF REPORTING PERSON* IN
| ||
| (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. |
| 8. |
| CUSIP NO. 64082B 10 2 | 13 G |
| 1 | NAMES OF REPORTING PERSONS
Dennis B. Phelps
| ||
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ¨ (b) x (1)
| ||
| 3 | SEC USE ONLY
| ||
| 4 | CITIZENSHIP
OR PLACE OF ORGANIZATION
| ||
| NUMBER
OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 | SOLE
VOTING POWER 0 | |
| 6 | SHARED
VOTING POWER
| ||
| 7 | SOLE
DISPOSITIVE POWER
| ||
| 8 | SHARED
DISPOSITIVE POWER
| ||
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0
| ||
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* ¨
| ||
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.0% of Class A Common Stock (0.0% of Total Common Stock)
| ||
| 12 | TYPE OF REPORTING PERSON* IN
| ||
| (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. |
| 9. |
Introductory Note: This statement on Schedule 13G is filed by the Reporting Persons with the Commission in respect of shares of Class A Common Stock, par value $0.0001 per share (“Class A Common Stock”), of NerdWallet, Inc., a Delaware corporation (the “Issuer”).
| Item 1 |
| (a) | Name of Issuer: | NerdWallet, Inc. |
| (b) | Address of Issuer’s Principal Executive Offices: |
875 Stevenson St., 5th Floor
San Francisco, CA 94103
| Item 2 |
| (a) | Name of Reporting Persons Filing: |
| 1. | Institutional Venture Partners XIV, L.P. (“IVP XIV”) |
| 2. | Institutional Venture Management XIV, LLC (“IVM XIV”) |
| 3. | Todd C. Chaffee (“Chaffee”) |
| 4. | Norman A. Fogelsong (“Fogelsong”) |
| 5. | Stephen J. Harrick (“Harrick”) |
| 6. | J. Sanford Miller (“Miller”) |
| 7. | Dennis B. Phelps (“Phelps”) |
| 8. | Jules A. Maltz (“Maltz”) |
| (b) | Address of Principal Business Office: | c/o Institutional Venture Partners |
| 3000 Sand Hill Road, Building 2, Suite 250 | ||
| Menlo Park, California 94025 |
| (c) | Citizenship: |
| IVP XIV | Delaware | |
| IVM XIV | Delaware | |
| Chaffee | United States of America | |
| Fogelsong | United States of America | |
| Harrick | United States of America | |
| Miller | United States of America | |
| Phelps | United States of America | |
| Maltz | United States of America |
| (d) | Title of Class of Securities: | Class A Common Stock |
| (e) | CUSIP Number: | 64082B 10 2 |
| Item 3 | Not applicable. |
| 10. |
| Item 4 | Ownership. |
The following information with respect to the ownership of the Class A Common Stock by the Reporting Persons filing this statement on Schedule 13G is provided as of December 31, 2023:
| Reporting Persons |
Shares
Held Directly |
Sole Voting Power |
Sole Dispositive Power |
Shared Voting Power |
Shared Dispositive Power |
Beneficial Ownership |
Percentage of Total Common Stock |
Percentage
of Class A Common Stock |
||||||||||||||||||||||||
| IVP XIV | 0 | 0 | 0 | 0 | 0 | 0 | 0.0 | % | 0.0 | % | ||||||||||||||||||||||
| IVM XIV | 0 | 0 | 0 | 0 | 0 | 0 | 0.0 | % | 0.0 | % | ||||||||||||||||||||||
| Chaffee | 0 | 0 | 0 | 0 | 0 | 0 | 0.0 | % | 0.0 | % | ||||||||||||||||||||||
| Fogelsong | 8,308 | 8,308 | 8,308 | 0 | 0 | 8,308 | 0.0 | % | 0.0 | % | ||||||||||||||||||||||
| Harrick | 0 | 0 | 0 | 0 | 0 | 0 | 0.0 | % | 0.0 | % | ||||||||||||||||||||||
| Miller | 0 | 0 | 0 | 0 | 0 | 0 | 0.0 | % | 0.0 | % | ||||||||||||||||||||||
| Phelps | 0 | 0 | 0 | 0 | 0 | 0 | 0.0 | % | 0.0 | % | ||||||||||||||||||||||
| Maltz | 3,958 | 3,958 | 3,958 | 0 | 0 | 3,958 | 0.0 | % | 0.0 | % | ||||||||||||||||||||||
| 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. |
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.
| 11. |
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in the attached statement on Schedule 13G is true, complete and correct.
Dated: February 13, 2024
INSTITUTIONAL VENTURE PARTNERS XIV, L.P.
By: Institutional Venture Management XIV, LLC
Its: General Partner
| By: | /s/ Tracy Hogan | |
| Tracy Hogan, Attorney-in-Fact | ||
| INSTITUTIONAL VENTURE MANAGEMENT XIV, LLC | ||
| By: | /s/ Tracy Hogan | |
| Tracy Hogan, Attorney-in-Fact | ||
| /s/ Tracy Hogan | ||
| Tracy Hogan, Attorney-in-Fact for Todd C. Chaffee | ||
| /s/ Tracy Hogan | ||
| Tracy Hogan, Attorney-in-Fact for Norman A. Fogelsong | ||
| /s/ Tracy Hogan | ||
| Tracy Hogan, Attorney-in-Fact for Stephen J. Harrick | ||
| /s/ Tracy Hogan | ||
| Tracy Hogan, Attorney-in-Fact for J. Sanford Miller | ||
| /s/ Tracy Hogan | ||
| Tracy Hogan, Attorney-in-Fact for Dennis B. Phelps | ||
| /s/ Tracy Hogan | ||
| Tracy Hogan, Attorney-in-Fact for Jules A. Maltz | ||
Exhibit(s):
| A: | Joint Filing Statement |
| 12. |