Sec Form 13G Filing - Frazier Healthcare VII L.P. @ GRITSTONE BIO INC

Sec Form 13G Filing - Frazier Healthcare VII L.P. filing for GRITSTONE BIO INC (GRTSQ) - 2021-02-04

Insider filing report for Changes in Beneficial Ownership

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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. 1)*

Gritstone Oncology, Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

39868T105

(CUSIP Number)

January 26, 2021

(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. 39868T105

(1)

Consists of 802,258 shares of Common Stock held directly by Frazier Healthcare VII, L.P. FHM VII, L.P. is the general partner of Frazier Healthcare VII, L.P. and FHM VII, L.L.C. is the general partner of FHM VII, L.P. Alan Frazier, Nader Naini, Patrick Heron, James Topper, Nathan Every, and Brian Morfitt are the members of FHM VII, L.L.C. and therefore share voting and investment power over the shares held by Frazier Healthcare VII, L.P.

(2)	Based on 37,764,085 shares of Common Stock that were outstanding as of October 31, 2020 as set forth in the Issuer’s Form 10-Q filed with the SEC on November 5, 2020.

CUSIP No. 39868T105

(1)

Consists of 228,620 shares of Common Stock held directly by Frazier Healthcare VII-A, L.P. FHM VII, L.P. is the general partner of Frazier Healthcare VII-A, L.P. and FHM VII, L.L.C. is the general partner of FHM VII, L.P. Alan Frazier, Nader Naini, Patrick Heron, James Topper, Nathan Every, and Brian Morfitt are the members of FHM VII, L.L.C. and therefore share voting and investment power over the shares held by Frazier Healthcare VII-A, L.P.

(2)	Based on 37,764,085 shares of Common Stock that were outstanding as of October 31, 2020 as set forth in the Issuer’s Form 10-Q filed with the SEC on November 5, 2020.

CUSIP No. 39868T105

(1)

Consists of 802,258 shares of Common Stock held directly by Frazier Healthcare VII, L.P. and 228,620 shares of Common Stock held directly by Frazier Healthcare VII-A, L.P (collectively, the “FH Shares”). FHM VII, L.P. is the general partner of both Frazier Healthcare VII, L.P. and Frazier Healthcare VII-A, L.P. and FHM VII, L.L.C. is the general partner of FHM VII, L.P. Alan Frazier, Nader Naini, Patrick Heron, James Topper, Nathan Every, and Brian Morfitt are the members of FHM VII, L.L.C. and therefore share voting and investment power over the FH Shares.

(2)	Based on 37,764,085 shares of Common Stock that were outstanding as of October 31, 2020 as set forth in the Issuer’s Form 10-Q filed with the SEC on November 5, 2020.

CUSIP No. 39868T105

(1)

(2)	Based on 37,764,085 shares of Common Stock that were outstanding as of October 31, 2020 as set forth in the Issuer’s Form 10-Q filed with the SEC on November 5, 2020.

CUSIP No. 39868T105

(1)

Consists of (i) 61,307 shares of Common Stock held directly by James Topper, (ii) 802,258 shares of Common Stock held directly by Frazier Healthcare VII, L.P. and (iii) 228,620 shares of Common Stock held directly by Frazier Healthcare VII-A, L.P (collectively, the “FH Shares”). FHM VII, L.P. is the general partner of both Frazier Healthcare VII, L.P. and Frazier Healthcare VII-A, L.P. and FHM VII, L.L.C. is the general partner of FHM VII, L.P. Alan Frazier, Nader Naini, Patrick Heron, James Topper, Nathan Every, and Brian Morfitt are the members of FHM VII, L.L.C. and therefore share voting and investment power over the FH Shares.

(2)	Based on 37,764,085 shares of Common Stock that were outstanding as of October 31, 2020 as set forth in the Issuer’s Form 10-Q filed with the SEC on November 5, 2020.

CUSIP No. 39868T105

(1)

Consists of (i) 61,307 shares of Common Stock held directly by The Heron Living Trust dated 11/30/2004, which Patrick Heron is the trustee and has voting and investment power over such shares, (ii) 802,258 shares of Common Stock held directly by Frazier Healthcare VII, L.P. and (iii) 228,620 shares of Common Stock held directly by Frazier Healthcare VII-A, L.P (collectively, the “FH Shares”). FHM VII, L.P. is the general partner of both Frazier Healthcare VII, L.P. and Frazier Healthcare VII-A, L.P. and FHM VII, L.L.C. is the general partner of FHM VII, L.P. Alan Frazier, Nader Naini, Patrick Heron, James Topper, Nathan Every, and Brian Morfitt are the members of FHM VII, L.L.C. and therefore share voting and investment power over the FH Shares.

(2)	Based on 37,764,085 shares of Common Stock that were outstanding as of October 31, 2020 as set forth in the Issuer’s Form 10-Q filed with the SEC on November 5, 2020.

CUSIP No. 39868T105

(1)

Consists of (i) 9,376 shares of Common Stock held directly by Frazier & Company, Inc., which Alan Frazier is the President and has voting and investment power over such shares, (ii) 802,258 shares of Common Stock held directly by Frazier Healthcare VII, L.P. and (iii) 228,620 shares of Common Stock held directly by Frazier Healthcare VII-A, L.P (collectively, the “FH Shares”). FHM VII, L.P. is the general partner of both Frazier Healthcare VII, L.P. and Frazier Healthcare VII-A, L.P. and FHM VII, L.L.C. is the general partner of FHM VII, L.P. Alan Frazier, Nader Naini, Patrick Heron, James Topper, Nathan Every, and Brian Morfitt are the members of FHM VII, L.L.C. and therefore share voting and investment power over the FH Shares.

(2)	Based on 37,764,085 shares of Common Stock that were outstanding as of October 31, 2020 as set forth in the Issuer’s Form 10-Q filed with the SEC on November 5, 2020.

CUSIP No. 39868T105

(1)

Consists of (i) 9,376 shares of Common Stock held directly by Nader Naini, (ii) 802,258 shares of Common Stock held directly by Frazier Healthcare VII, L.P. and (iii) 228,620 shares of Common Stock held directly by Frazier Healthcare VII-A, L.P (collectively, the “FH Shares”). FHM VII, L.P. is the general partner of both Frazier Healthcare VII, L.P. and Frazier Healthcare VII-A, L.P. and FHM VII, L.L.C. is the general partner of FHM VII, L.P. Alan Frazier, Nader Naini, Patrick Heron, James Topper, Nathan Every, and Brian Morfitt are the members of FHM VII, L.L.C. and therefore share voting and investment power over the FH Shares.

(2)	Based on 37,764,085 shares of Common Stock that were outstanding as of October 31, 2020 as set forth in the Issuer’s Form 10-Q filed with the SEC on November 5, 2020.

CUSIP No. 39868T105

(1)

Consists of (i) 8,222 shares of Common Stock held directly by Brian Morfitt, (ii) 802,258 shares of Common Stock held directly by Frazier Healthcare VII, L.P. and (iii) 228,620 shares of Common Stock held directly by Frazier Healthcare VII-A, L.P (collectively, the “FH Shares”). FHM VII, L.P. is the general partner of both Frazier Healthcare VII, L.P. and Frazier Healthcare VII-A, L.P. and FHM VII, L.L.C. is the general partner of FHM VII, L.P. Alan Frazier, Nader Naini, Patrick Heron, James Topper, Nathan Every, and Brian Morfitt are the members of FHM VII, L.L.C. and therefore share voting and investment power over the FH Shares.

(2)	Based on 37,764,085 shares of Common Stock that were outstanding as of October 31, 2020 as set forth in the Issuer’s Form 10-Q filed with the SEC on November 5, 2020.

CUSIP No. 39868T105

(1)

Consists of (i) 8,221 shares of Common Stock held directly by Nathan Every, (ii) 802,258 shares of Common Stock held directly by Frazier Healthcare VII, L.P. and (iii) 228,620 shares of Common Stock held directly by Frazier Healthcare VII-A, L.P (collectively, the “FH Shares”). FHM VII, L.P. is the general partner of both Frazier Healthcare VII, L.P. and Frazier Healthcare VII-A, L.P. and FHM VII, L.L.C. is the general partner of FHM VII, L.P. Alan Frazier, Nader Naini, Patrick Heron, James Topper, Nathan Every, and Brian Morfitt are the members of FHM VII, L.L.C. and therefore share voting and investment power over the FH Shares.

(2)	Based on 37,764,085 shares of Common Stock that were outstanding as of October 31, 2020 as set forth in the Issuer’s Form 10-Q filed with the SEC on November 5, 2020.


Item 1(a).		Name of Issuer: Gritstone Oncology, Inc.

Item 1(b).		Address of Issuer’s Principal Executive Offices: 5959 Horton Street, Suite 300, Emeryville, California 94608

Item 2(a).		Name of Person Filing: The entities and persons filing this statement (collectively, the “Reporting Persons”) are: Frazier Healthcare VII, L.P. (“FH-VII”) Frazier Healthcare VII-A, L.P. (“FH-VIIA”) FHM VII, L.P. (“FHM-VII L.P.”) FHM VII, L.L.C. (“FHM-VII LLC”) James Topper (“Topper”) Patrick Heron (“Heron”) Alan Frazier (“Frazier”) Nader Naini (“Naini”) Nathan Every (“Every”) Brian Morfitt (“Morfitt” and together with Topper, Heron, Frazier, Naini and Every, the “Members”)

Item 2(b).		Address of Principal Business Office or, if none, Residence: The address and principal business office of the Reporting Persons is: c/o Frazier Healthcare Partners 601 Union Street, Suite 3200 Seattle, Washington 98101


Item 2(c).	Citizenship:

	Entities:	FH-VII	-	Delaware, U.S.A.
		FH-VIIA	-	Delaware, U.S.A.
		FHM-VII L.P.	-	Delaware, U.S.A.
		FHM-VII LLC	-	Delaware, U.S.A.

	Individuals:	Topper	-	United States Citizen
		Heron	-	United States Citizen
		Frazier	-	United States Citizen
		Naini	-	United States Citizen
		Every	-	United States Citizen
		Morfitt	-	United States Citizen


Item 2(d).		Title of Class of Securities: Common Stock

Item 2(e).		CUSIP Number: 39868T105


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:

(a)	☐	Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o);

(b)	☐	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);

(c)	☐	Insurance company as defined in section 3(a)19) of the Act (15 U.S.C. 78c);

(d)	☐	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);

(e)	☐	An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);

(f)	☐	An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);

(g)	☐	A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);

(h)	☐	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

(i)	☐	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);



(j)	☐	A non-U.S. institution in accor dance with §240.13d–1(b)(1)(ii)(J);

(k)	☐	Group, in accordance with §240.13d–1(b)(1)(ii)(K).

	If filing as a non-U.S. institution in accordance with §240.13d–1(b)(1)(ii)(J), please specify the type of institution:



Item 4.	Ownership

Provide the following information regarding the aggregate number and percentage of the class of securities of the Issuer identified in Item 1.

(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 the 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 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.

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.

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.


Date: February 4, 2021	FRAZIER HEALTHCARE VII, L.P.
	By FHM VII, L.P., its general partner
	By FHM VII, L.L.C., its general partner

	By:	/s/ Steve R. Bailey
		Steve R. Bailey, Chief Financial Officer


Date: February 4, 2021	FRAZIER HEALTHCARE VII-A, L.P.
	By FHM VII, L.P., its general partner
	By FHM VII, L.L.C., its general partner

	By:	/s/ Steve R. Bailey
		Steve R. Bailey, Chief Financial Officer


Date: February 4, 2021	By:	*
		James Topper


Date: February 4, 2021	By:	*
		Patrick Heron


Date: February 4, 2021	By:	*
		Nader Naini


Date: February 4, 2021	By:	*
		Nathan Every


Date: February 4, 2021	By:	*
		Brian Morfitt


Date: February 4, 2021	By:	*
		Alan Frazier


Date: February 4, 2021	*By:	/s/ Steve R. Bailey
		Steve R. Bailey, as Attorney-in-Fact

This Schedule 13G was executed by Steve R. Bailey on behalf of the individuals listed above pursuant to a Power of Attorney, a copy of which was filed with the SEC on March 29, 2016.

Names of Reporting Persons

Frazier Healthcare VII, L.P.

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

(a) ☐ (b) ☒

SEC USE ONLY

Citizenship or Place of Organization

Delaware