Sec Form 13G Filing - LIGHTSPEED VENTURE PARTNERS VIII LP filing for Natera Inc. (NTRA) - 2017-02-14

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.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>

 

 

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 (b)
(Amendment No.     )*

 

Natera, Inc.

(Name of Issuer)

Common Stock, par value $0.0001 per share

(Title of Class of Securities)

632307104

(CUSIP Number)

December 31, 2016

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

o

Rule 13d-1(b)

o

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. 632307104

13 G

 

 

 

1

Names of Reporting Persons.
Lightspeed Venture Partners VIII, L.P.

 

 

2

Check the Appropriate Box if a Member of a Group*

 

 

(a)

o

 

 

(b)

x (1)

 

 

3

SEC Use Only

 

 

4

Citizenship or Place of Organization
Cayman Islands

 

 

 

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 Box if the Aggregate Amount in Row (9) Excludes Certain Shares*  o

 

 

11

Percent of Class Represented by Amount in Row 9
0%

 

 

12

Type of Reporting Person*
PN

 

(1)   This Schedule 13G is filed by Lightspeed Venture Partners VIII, L.P., a Cayman Islands exempted limited partnership (“Lightspeed VIII”), Lightspeed General Partner VIII, L.P., a Cayman Islands exempted limited partnership (“LGP VIII”), Lightspeed Ultimate General Partner VIII, Ltd., a Cayman Islands exempted company (“LUGP VIII”), Barry Eggers (“Eggers”), Ravi Mhatre (“Mhatre”), Peter Y. Nieh (“Nieh”) and Christopher J. Schaepe (“Schaepe” and together with Lightspeed VIII, LGP VIII, LUGP VIII, Eggers, Mhatre and Nieh, collectively, the “Reporting Persons”). The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.

 

2


 

CUSIP No. 632307104

13 G

 

 

 

1

Names of Reporting Persons.
Lightspeed General Partner VIII, L.P.

 

 

2

Check the Appropriate Box if a Member of a Group*

 

 

(a)

o

 

 

(b)

x (1)

 

 

3

SEC Use Only

 

 

4

Citizenship or Place of Organization
Cayman Islands

 

 

 

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 Box if the Aggregate Amount in Row (9) Excludes Certain Shares*  o

 

 

11

Percent of Class Represented by Amount in Row 9
0.0%

 

 

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.

 

3


 

CUSIP No. 632307104

13 G

 

 

 

1

Names of Reporting Persons.
Lightspeed Ultimate General Partner VIII, Ltd.

 

 

2

Check the Appropriate Box if a Member of a Group*

 

 

(a)

o

 

 

(b)

x (1)

 

 

3

SEC Use Only

 

 

4

Citizenship or Place of Organization
Cayman Islands

 

 

 

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 Box if the Aggregate Amount in Row (9) Excludes Certain Shares*  o

 

 

11

Percent of Class Represented by Amount in Row 9
0.0%

 

 

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.

 

4


 

CUSIP No. 632307104

13 G

 

 

 

1

Names of Reporting Persons.
Barry Eggers

 

 

2

Check the Appropriate Box if a Member of a Group*

 

 

(a)

o

 

 

(b)

x (1)

 

 

3

SEC Use Only

 

 

4

Citizenship or Place of Organization
United States of America

 

 

 

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 Box if the Aggregate Amount in Row (9) Excludes Certain Shares*  o

 

 

11

Percent of Class Represented by Amount in Row 9
0.0%

 

 

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. 632307104

13 G

 

 

 

1

Names of Reporting Persons.
Ravi Mhatre

 

 

2

Check the Appropriate Box if a Member of a Group*

 

 

(a)

o

 

 

(b)

x (1)

 

 

3

SEC Use Only

 

 

4

Citizenship or Place of Organization
United States of America

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power
37,934 shares

 

6

Shared Voting Power
0 shares

 

7

Sole Dispositive Power
37,934 shares

 

8

Shared Dispositive Power
0 shares

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
37,934 shares

 

 

10

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*  o

 

 

11

Percent of Class Represented by Amount in Row 9
0.07%(2)

 

 

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.

(2)         This percentage is calculated based upon 52,382,613 shares of Common Stock outstanding as of October 31, 2016 as indicated in the Issuer's Form 10-Q filed on November 14, 2016.

 

6


 

CUSIP No. 632307104

13 G

 

 

 

1

Names of Reporting Persons.
Peter Y. Nieh

 

 

2

Check the Appropriate Box if a Member of a Group*

 

 

(a)

o

 

 

(b)

x (1)

 

 

3

SEC Use Only

 

 

4

Citizenship or Place of Organization
United States of America

 

 

 

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 Box if the Aggregate Amount in Row (9) Excludes Certain Shares*  o

 

 

11

Percent of Class Represented by Amount in Row 9
0.0% (3)

 

 

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.

 

7


 

CUSIP No. 632307104

13 G

 

 

 

1

Names of Reporting Persons.
Christopher J. Schaepe

 

 

2

Check the Appropriate Box if a Member of a Group*

 

 

(a)

o

 

 

(b)

x (1)

 

 

3

SEC Use Only

 

 

4

Citizenship or Place of Organization
United States of America

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power
0

 

6

Shared Voting Power
0 shares

 

7

Sole Dispositive Power
0

 

8

Shared Dispositive Power
0 shares

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
0 shares

 

 

10

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*  o

 

 

11

Percent of Class Represented by Amount in Row 9
0.0% (3)

 

 

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


 

Introductory Note: This Statement on Schedule 13G (this “Statement”) is filed on behalf of the Reporting Persons, in respect of shares of Common Stock, par value $0.0001 per share (“Common Stock”), of Natera, Inc. (the “Issuer”).

 

Item 1

 

(a)

Name of Issuer:
Natera, Inc.

 

 

Address of Issuer’s Principal Executive Offices:
201 Industrial Road, Suite 410

San Carlos, CA  94070

 

Item 2

 

(a)

Name of Person(s) Filing:
Lightspeed Venture Partners VIII, L.P. (“Lightspeed VIII”)

Lightspeed General Partner VIII, L.P. (“LGP VIII”)

Lightspeed Ultimate General Partner VIII, Ltd. (“LUGP VIII”)

Barry Eggers (“Eggers”)

Ravi Mhatre (“Mhatre”)

Peter Y. Nieh (“Nieh”)

Christopher J. Schaepe (“Schaepe”)

 

(b)

Address of Principal Business Office:
c/o Lightspeed Venture Partners

2200 Sand Hill Road

Menlo Park, CA 94025

 

(b)

Citizenship:

 

Entities:

 

 

 

Individuals:

 

 

Lightspeed VIII

LGP VIII

LUGP VIII

 

Eggers

Mhatre

Nieh

Schaepe

 

 

-         Cayman Islands

-         Cayman Islands

-         Cayman Islands

 

-         United States of America

-         United States of America

-         United States of America

-         United States of America

 

(d)

Title of Class of Securities:
Common Stock

 

(e)

CUSIP Number:
632307104

 

Item 3

Not applicable.

 

9


 

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, 2016:

 

Reporting Persons

 

Shares Held
Directly

 

Sole Voting
Power

 

Shared
Voting
Power

 

Sole
Dispositive
Power

 

Shared
Dispositive
Power

 

Beneficial
Ownership

 

Percentage
of Class (1)

 

Lightspeed VIII

 

—

 

—

 

—

 

—

 

—

 

—

 

0.0

%

LGP VIII

 

—

 

—

 

—

 

—

 

—

 

—

 

0.0

%

LUGP VIII

 

—

 

—

 

—

 

—

 

—

 

—

 

0.0

%

Eggers

 

—

 

—

 

—

 

—

 

—

 

—

 

0.0

%

Mhatre

 

37,934

 

37,934

 

—

 

37,934

 

—

 

37,934

 

0.07

%

Nieh

 

—

 

—

 

—

 

—

 

—

 

—

 

0.0

%

Schaepe

 

—

 

—

 

—

 

—

 

—

 

—

 

0.0

%

 

(1)         This percentage is calculated based upon 52,382,613 shares of Common Stock outstanding as of October 31, 2016 as indicated in the Issuer's Form 10-Q filed on November 14, 2016.

 

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 persons have 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.

 

10


 

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.

 

Dated: February 14, 2017

 

 

Lightspeed Venture Partners VIII, L.P.

 

 

 

 

By:

Lightspeed General Partner VIII, L.P.

 

Its:

General Partner

 

 

 

 

By:

Lightspeed Ultimate General Partner VIII, Ltd.

 

Its:

General Partner

 

 

 

 

By:

/s/ Christopher J. Schaepe

 

 

Authorized Representative

 

 

 

 

 

Lightspeed General Partner VIII, L.P.

 

 

 

 

By:

Lightspeed Ultimate General Partner VIII, Ltd.

 

Its:

General Partner

 

 

 

 

By:

/s/ Christopher J. Schaepe

 

 

Authorized Representative

 

 

 

Lightspeed Ultimate General Partner VIII, Ltd.

 

 

 

 

By:

/s/ Christopher J. Schaepe

 

 

Authorized Representative

 

 

 

 

 

 

 

By:

/s/ Barry Eggers

 

 

Barry Eggers

 

 

 

 

 

 

 

By:

/s/ Ravi Mhatre

 

 

Ravi Mhatre

 

 

 

 

 

 

 

By:

/s/ Peter Y. Nieh

 

 

Peter Y. Nieh

 

 

 

 

 

 

 

By:

/s/ Christopher J. Schaepe

 

 

Christopher J. Schaepe

 

 

11


 

Exhibit(s):

 

A - Joint Filing Statement

 

12


 

EXHIBIT A

 

JOINT FILING STATEMENT

 

We, the undersigned, hereby express our agreement that the attached Schedule 13G (or any amendments thereto) relating to the Common Stock of Natera, Inc. is filed on behalf of each of us.

 

Dated: February 14, 2017

 

 

Lightspeed Venture Partners VIII, L.P.

 

 

 

 

By:

Lightspeed Gener al Partner VIII, L.P.

 

Its:

General Partner

 

 

 

 

By:

Lightspeed Ultimate General Partner VIII, Ltd.

 

Its:

General Partner

 

 

 

 

By:

/s/ Christopher J. Schaepe

 

 

Authorized Representative

 

 

 

 

 

Lightspeed General Partner VIII, L.P.

 

 

 

 

By:

Lightspeed Ultimate General Partner VIII, Ltd.

 

Its:

General Partner

 

 

 

 

By:

/s/ Christopher J. Schaepe

 

 

Authorized Representative

 

 

 

Lightspeed Ultimate General Partner VIII, Ltd.

 

 

 

 

By:

/s/ Christopher J. Schaepe

 

 

Authorized Representative

 

 

 

 

 

 

 

By:

/s/ Barry Eggers

 

 

Barry Eggers

 

 

 

 

 

 

 

By:

/s/ Ravi Mhatre

 

 

Ravi Mhatre

 

 

 

 

 

 

 

By:

/s/ Peter Y. Nieh

 

 

Peter Y. Nieh

 

 

 

 

 

 

 

By:

/s/ Christopher J. Schaepe

 

 

Christopher J. Schaepe

 

 

13