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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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)

 

Lulu’s Fashion Lounge Holdings, Inc. 

(Name of Issuer)

 

Common Stock, par value $0.001 per share 

(Title of Class of Securities)

 

55003A 10 8 

(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.  55003A 10 8 13 G  

 

1

NAMES OF REPORTING PERSONS.

 

Institutional Venture Partners XV, 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
Delaware

NUMBER OF
SHARES BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH
5 SOLE VOTING POWER
0 shares
6 SHARED VOTING POWER
3,730,160 shares (2)
7 SOLE DISPOSITIVE POWER
0 shares
8 SHARED DISPOSITIVE POWER
3,730,160 shares (2)

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

3,730,160 shares (2)

10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

¨

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

9.2% (3)

12

TYPE OF REPORTING PERSON*

PN

  

(1)This Schedule 13G is filed by Instituti onal Venture Partners XV, L.P. (“IVP XV”), Institutional Venture Partners XV Executive Fund, L.P. (“IVP XV EF”), Institutional Venture Management XV, LLC (“IVM XV”), Institutional Venture Partners XVI, L.P. (“IVP XVI”), Institutional Venture Management XVI, LLC (“IVM XVI”), Todd C. Chaffee (“Chafee”), Norman A. Fogelsong (“Fogelsong”), Stephen J. Harrick (“Harrick”), J. Sanford Miller (“Miller”), Dennis B. Phelps (“Phelps”), Eric Liaw (“Liaw”), Somesh Dash (“Dash”) and Jules A. Maltz (“Maltz” and, collectively, with IVP XV, IVP XV EF, IVM XV, IVP XVI, IVM XVI, Chaffee, Fogelsong, Harrick, Miller, Phelps, Liaw and Dash, the “Reporting Persons”). The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.

 

(2)Consists of 3,730,160 shares held directly by IVP XV. IVM XV serves as the sole general partner of IVP XV and has shared voting and investment control over the shares owned by IVP XV and may be deemed to own beneficially the shares held by IVP XV. Chaffee, Fogelsong, Harrick, Miller, Phelps, Liaw, Dash and Maltz are Managing Directors of IVM XV and share voting and dispositive power over the shares held by IVP XV, and may be deemed to own beneficially the shares held by IVP XV.

 

(3)The percentage is based on 40,473,551 shares of Common Stock reported to be outstanding as of November 3, 2023 in the Issuer’s Form 10-Q for the quarterly period ended September 30, 2023 as filed with the Securities and Exchange Commission on November 8, 2023.

 

2 

 

   

CUSIP NO.  55003A 10 8 13 G  

 

1

NAMES OF REPORTING PERSONS.

 

Institutional Venture Partners XV Executive Fund, 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
Delaware

NUMBER OF
SHARES BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH
5 SOLE VOTING POWER
0 shares
6 SHARED VOTING POWER
19,843 shares (2)
7 SOLE DISPOSITIVE POWER
0 shares
8 SHARED DISPOSITIVE POWER
19,843 shares (2)

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

19,843 shares (2)

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% (3)

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)Consists of 19,843 shares held directly by IVP XV EF. IVM XV serves as the sole general partner of IVP XV EF and has shared voting and investment control over the shares owned by IVP XV and may be deemed to own beneficially the shares held by IVP XV EF. Chaffee, Fogelsong, Harrick, Miller, Phelps, Liaw, Dash and Maltz are Managing Directors of IVM XV and share voting and dispositive power over the shares held by IVP XV EF, and may be deemed to own beneficially the shares held by IVP XV EF.

 

(3)The percentage is based on 40,473,551 shares of Common Stock reported to be outstanding as of November 3, 2023 in the Issuer’s Form 10-Q for the quarterly period ended September 30, 2023 as filed with the Securities and Exchange Commission on November 8, 2023.

  

3 

 

 

CUSIP NO.  55003A 10 8 13 G  

 

1

NAMES OF REPORTING PERSONS

 

Institutional Venture Management XV, 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
Delaware

NUMBER OF
SHARES BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH
5 SOLE VOTING POWER
0 shares
6 SHARED VOTING POWER
3,773,603 shares (2)
7 SOLE DISPOSITIVE POWER
0 shares
8 SHARED DISPOSITIVE POWER
3,773,603 shares (2)

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

3,773,603 shares (2)

10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

¨

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

9.3% (3)

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.

 

(2)Includes (i) 3,730,160 shares held by IVP XV; (ii) 19,843 shares held by IVP XV EF; and (iii) 23,600 shares held by IVM XV. IVM XV serves as the sole general partner of IVP XV and IVP XV EF and has shared voting and investment control over the shares owned by IVP XV and IVP XV EF and may be deemed to own beneficially the shares held by IVP XV and IVP XV EF. Chaffee, Fogelsong, Harrick, Miller, Phelps, Liaw, Dash and Maltz are Managing Directors of IVM XV and share voting and dispositive power over the shares held by IVP XV, IVP XV EF and IVM XV, and may be deemed to own beneficially the shares held by IVP XV, IVP XV EF and IVM XV.

 

(3)The percentage is based on 40,473,551 shares of Common Stock reported to be outstanding as of November 3, 2023 in the Issuer’s Form 10-Q for the quarterly period ended September 30, 2023 as filed with the Securities and Exchange Commission on November 8, 2023.

 

4 

 

 

CUSIP NO.  55003A 10 8 13 G  

 

1

NAMES OF REPORTING PERSONS.

 

Institutional Venture Partners XVI, 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
Delaware

NUMBER OF
SHARES BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH
5 SOLE VOTING POWER
0 shares
6 SHARED VOTING POWER
3,749,997 shares (2)
7 SOLE DISPOSITIVE POWER
0 shares
8 SHARED DISPOSITIVE POWER
3,749,997 shares (2)

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

3,749,997 shares (2)

10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

¨

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

9.3% (3)

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)Consists of 3,749,997 shares held directly by IVP XVI. IVM XVI serves as the sole general partner of IVP XVI and has shared voting and investment control over the shares owned by IVP XVI and may be deemed to own beneficially the shares held by IVP XVI. Chaffee, Fogelsong, Harrick, Miller, Phelps, Liaw, Dash and Maltz are Managing Directors of IVM XVI and share voting and dispositive power over the shares held by IVP XVI, and may be deemed to own beneficially the shares held by IVP XVI.

 

(3)The percentage is based on 40,473,551 shares of Common Stock reported to be outstanding as of November 3, 2023 in the Issuer’s Form 10-Q for the quarterly period ended September 30, 2023 as filed with the Securities and Exchange Commission on November 8, 2023.

 

5 

 

 

CUSIP NO.  55003A 10 8 13 G  

 

1

NAMES OF REPORTING PERSONS

 

Institutional Venture Management XVI, 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
Delaware

NUMBER OF
SHARES BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH
5 SOLE VOTING POWER
0 shares
6 SHARED VOTING POWER
3,773,597 shares (2)
7 SOLE DISPOSITIVE POWER
0 shares
8 SHARED DISPOSITIVE POWER
3,773,597 shares (2)

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

3,773,597 shares (2)

10

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

¨

11

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

9.3% (3)

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.

 

(2)Consists of (i) 3,749,997 shares held by IVP XVI and (ii) 23,600 shares held by IVM XVI. IVM XVI serves as the sole general partner of IVP XVI and has shared voting and investment control over the shares owned by IVP XVI and may be deemed to own beneficially the shares held by IVP XVI. Chaffee, Fogelsong, Harrick, Miller, Phelps, Liaw, Dash and Maltz are Managing Directors of IVM XVI and share voting and dispositive power over the shares held by IVP XVI and IVM XVI, and may be deemed to own beneficially the shares held by IVP XVI and IVM XVI.

 

(3)The percentage is based on 40,473,551 shares of Common Stock reported to be outstanding as of November 3, 2023 in the Issuer’s Form 10-Q for the quarterly period ended September 30, 2023 as filed with the Securities and Exchange Commission on November 8, 2023.

 

6 

 

 

CUSIP NO.  55003A 10 8 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
United States of America

NUMBER OF
SHARES BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH
5 SOLE VOTING POWER
0 shares
6 SHARED VOTING POWER
7,547,200 shares (2)
7 SOLE DISPOSITIVE POWER
0 shares
8 SHARED DISPOSITIVE POWER
7,547,200 shares (2)

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

7,547,200 shares (2)

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% (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.

 

(2)Includes (i) 3,730,160 shares held by IVP XV; (ii) 19,843 shares held by IVP XV EF; (iii) 23,600 shares held by IVM XV; (iv) 3,749,997 shares held by IVP XVI; and (v) 23,600 shares held by IVM XVI. IVM XV serves as the sole general partner of IVP XV and IVP XV EF and has shared voting and investment control over the shares owned by IVP XV and IVP XV EF and may be deemed to own beneficially the shares held by IVP XV and IVP XV EF. IVM XVI serves as the sole general partner of IVP XVI and has shared voting and investment control over the shares owned by IVP XVI and may be deemed to own beneficially the shares held by IVP XVI. Chaffee, Fogelsong, Harrick, Miller, Phelps, Liaw, Dash and Maltz are Managing Directors of IVM XV and IVM XVI and share voting and dispositive power over the shares held by IVP XV, IVP XV EF, IVM XV, IVP XVI and IVM XVI, and may be deemed to own beneficially the shares held by IVP XV, IVP XV EF, IVM XV, IVP XVI and IVM XVI.

 

(3)The percentage is based on 40,473,551 shares of Common Stock reported to be outstanding as of November 3, 2023 in the Issuer’s Form 10-Q for the quarterly period ended September 30, 2023 as filed with the Securities and Exchange Commission on November 8, 2023.

 

7 

 

 

CUSIP NO.  55003A 10 8 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
United States of America

NUMBER OF
SHARES BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH
5 SOLE VOTING POWER
0 shares
6 SHARED VOTING POWER
7,547,200 shares (2)
7 SOLE DISPOSITIVE POWER
0 shares
8 SHARED DISPOSITIVE POWER
7,547,200 shares (2)

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

7,547,200 shares (2)

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% (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.

 

(2)Includes (i) 3,730,160 shares held by IVP XV; (ii) 19,843 shares held by IVP XV EF; (iii) 23,600 shares held by IVM XV; (iv) 3,749,997 shares held by IVP XVI; and (v) 23,600 shares held by IVM XVI. IVM XV serves as the sole general partner of IVP XV and IVP XV EF and has shared voting and investment control over the shares owned by IVP XV and IVP XV EF and may be deemed to own beneficially the shares held by IVP XV and IVP XV EF. IVM XVI serves as the sole general partner of IVP XVI and has shared voting and investment control over the shares owned by IVP XVI and may be deemed to own beneficially the shares held by IVP XVI. Chaffee, Fogelsong, Harrick, Miller, Phelps, Liaw, Dash and Maltz are Managing Directors of IVM XV and IVM XVI and share voting and dispositive power over the shares held by IVP XV, IVP XV EF, IVM XV, IVP XVI and IVM XVI, and may be deemed to own beneficially the shares held by IVP XV, IVP XV EF, IVM XV, IVP XVI and IVM XVI.

 

(3)The percentage is based on 40,473,551 shares of Common Stock reported to be outstanding as of November 3, 2023 in the Issuer’s Form 10-Q for the quarterly period ended September 30, 2023 as filed with the Securities and Exchange Commission on November 8, 2023.

  

8 

 

 

CUSIP NO.  55003A 10 8 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
United States of America

NUMBER OF
SHARES BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH
5 SOLE VOTING POWER
0 shares
6 SHARED VOTING POWER
7,547,200 shares (2)
7 SOLE DISPOSITIVE POWER
0 shares
8 SHARED DISPOSITIVE POWER
7,547,200 shares (2)

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

7,547,200 shares (2)

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% (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.

 

(2)Includes (i) 3,730,160 shares held by IVP XV; (ii) 19,843 shares held by IVP XV EF; (iii) 23,600 shares held by IVM XV; (iv) 3,749,997 shares held by IVP XVI; and (v) 23,600 shares held by IVM XVI. IVM XV serves as the sole general partner of IVP XV and IVP XV EF and has shared voting and investment control over the shares owned by IVP XV and IVP XV EF and may be deemed to own beneficially the shares held by IVP XV and IVP XV EF. IVM XVI serves as the sole general partner of IVP XVI and has shared voting and investment control over the shares owned by IVP XVI and may be deemed to own beneficially the shares held by IVP XVI. Chaffee, Fogelsong, Harrick, Miller, Phelps, Liaw, Dash and Maltz are Managing Directors of IVM XV and IVM XVI and share voting and dispositive power over the shares held by IVP XV, IVP XV EF, IVM XV, IVP XVI and IVM XVI, and may be deemed to own beneficially the shares held by IVP XV, IVP XV EF, IVM XV, IVP XVI and IVM XVI.

 

(3)The percentage is based on 40,473,551 shares of Common Stock reported to be outstanding as of November 3, 2023 in the Issuer’s Form 10-Q for the quarterly period ended September 30, 2023 as filed with the Securities and Exchange Commission on November 8, 2023.

  

9 

 

 

CUSIP NO.  55003A 10 8 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
United States of America

NUMBER OF
SHARES BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH
5 SOLE VOTING POWER
0 shares
6 SHARED VOTING POWER
7,547,200 shares (2)
7 SOLE DISPOSITIVE POWER
0 shares
8 SHARED DISPOSITIVE POWER
7,547,200 shares (2)

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

7,547,200 shares (2)

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% (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.

 

(2)Includes (i) 3,730,160 shares held by IVP XV; (ii) 19,843 shares held by IVP XV EF; (iii) 23,600 shares held by IVM XV; (iv) 3,749,997 shares held by IVP XVI; and (v) 23,600 shares held by IVM XVI. IVM XV serves as the sole general partner of IVP XV and IVP XV EF and has shared voting and investment control over the shares owned by IVP XV and IVP XV EF and may be deemed to own beneficially the shares held by IVP XV and IVP XV EF. IVM XVI serves as the sole general partner of IVP XVI and has shared voting and investment control over the shares owned by IVP XVI and may be deemed to own beneficially the shares held by IVP XVI. Chaffee, Fogelsong, Harrick, Miller, Phelps, Liaw, Dash and Maltz are Managing Directors of IVM XV and IVM XVI and share voting and dispositive power over the shares held by IVP XV, IVP XV EF, IVM XV, IVP XVI and IVM XVI, and may be deemed to own beneficially the shares held by IVP XV, IVP XV EF, IVM XV, IVP XVI and IVM XVI.

 

(3)The percentage is based on 40,473,551 shares of Common Stock reported to be outstanding as of November 3, 2023 in the Issuer’s Form 10-Q for the quarterly period ended September 30, 2023 as filed with the Securities and Exchange Commission on November 8, 2023.

 

10 

 

 

CUSIP NO.  55003A 10 8 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
United States of America

NUMBER OF
SHARES BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH
5 SOLE VOTING POWER
0 shares
6 SHARED VOTING POWER
7,547,200 shares (2)
7 SOLE DISPOSITIVE POWER
0 shares
8 SHARED DISPOSITIVE POWER
7,547,200 shares (2)

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

7,547,200 shares (2)

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% (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.

 

(2)Includes (i) 3,730,160 shares held by IVP XV; (ii) 19,843 shares held by IVP XV EF; (iii) 23,600 shares held by IVM XV; (iv) 3,749,997 shares held by IVP XVI; and (v) 23,600 shares held by IVM XVI. IVM XV serves as the sole general partner of IVP XV and IVP XV EF and has shared voting and investment control over the shares owned by IVP XV and IVP XV EF and may be deemed to own beneficially the shares held by IVP XV and IVP XV EF. IVM XVI serves as the sole general partner of IVP XVI and has shared voting and investment control over the shares owned by IVP XVI and may be deemed to own beneficially the shares held by IVP XVI. Chaffee, Fogelsong, Harrick, Miller, Phelps, Liaw, Dash and Maltz are Managing Directors of IVM XV and IVM XVI and share voting and dispositive power over the shares held by IVP XV, IVP XV EF, IVM XV, IVP XVI and IVM XVI, and may be deemed to own beneficially the shares held by IVP XV, IVP XV EF, IVM XV, IVP XVI and IVM XVI.

  

(3)The percentage is based on 40,473,551 shares of Common Stock reported to be outstanding as of November 3, 2023 in the Issuer’s Form 10-Q for the quarterly period ended September 30, 2023 as filed with the Securities and Exchange Commission on November 8, 2023.

 

11 

 

 

CUSIP NO.  55003A 10 8 13 G  

 

1

NAMES OF REPORTING PERSONS

 

Eric Liaw

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
United States of America

NUMBER OF
SHARES BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH
5 SOLE VOTING POWER
0 shares
6 SHARED VOTING POWER
7,547,200 shares (2)
7 SOLE DISPOSITIVE POWER
0 shares
8 SHARED DISPOSITIVE POWER
7,547,200 shares (2)

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

7,547,200 shares (2)

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% (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.

 

(2)Includes (i) 3,730,160 shares held by IVP XV; (ii) 19,843 shares held by IVP XV EF; (iii) 23,600 shares held by IVM XV; (iv) 3,749,997 shares held by IVP XVI; and (v) 23,600 shares held by IVM XVI. IVM XV serves as the sole general partner of IVP XV and IVP XV EF and has shared voting and investment control over the shares owned by IVP XV and IVP XV EF and may be deemed to own beneficially the shares held by IVP XV and IVP XV EF. IVM XVI serves as the sole general partner of IVP XVI and has shared voting and investment control over the shares owned by IVP XVI and may be deemed to own beneficially the shares held by IVP XVI. Chaffee, Fogelsong, Harrick, Miller, Phelps, Liaw, Dash and Maltz are Managing Directors of IVM XV and IVM XVI and share voting and dispositive power over the shares held by IVP XV, IVP XV EF, IVM XV, IVP XVI and IVM XVI, and may be deemed to own beneficially the shares held by IVP XV, IVP XV EF, IVM XV, IVP XVI and IVM XVI.

 

(3)The percentage is based on 40,473,551 shares of Common Stock reported to be outstanding as of November 3, 2023 in the Issuer’s Form 10-Q for the quarterly period ended September 30, 2023 as filed with the Securities and Exchange Commission on November 8, 2023.

 

12 

 

 

CUSIP NO.  55003A 10 8 13 G  

 

1

NAMES OF REPORTING PERSONS

 

Somesh Dash

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
United States of America

NUMBER OF
SHARES BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH
5 SOLE VOTING POWER
0 shares
6 SHARED VOTING POWER
7,547,200 shares (2)
7 SOLE DISPOSITIVE POWER
0 shares
8 SHARED DISPOSITIVE POWER
7,547,200 shares (2)

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

7,547,200 shares (2)

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% (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.

 

(2)Includes (i) 3,730,160 shares held by IVP XV; (ii) 19,843 shares held by IVP XV EF; (iii) 23,600 shares held by IVM XV; (iv) 3,749,997 shares held by IVP XVI; and (v) 23,600 shares held by IVM XVI. IVM XV serves as the sole general partner of IVP XV and IVP XV EF and has shared voting and investment control over the shares owned by IVP XV and IVP XV EF and may be deemed to own beneficially the shares held by IVP XV and IVP XV EF. IVM XVI serves as the sole general partner of IVP XVI and has shared voting and investment control over the shares owned by IVP XVI and may be deemed to own beneficially the shares held by IVP XVI. Chaffee, Fogelsong, Harrick, Miller, Phelps, Liaw, Dash and Maltz are Managing Directors of IVM XV and IVM XVI and share voting and dispositive power over the shares held by IVP XV, IVP XV EF, IVM XV, IVP XVI and IVM XVI, and may be deemed to own beneficially the shares held by IVP XV, IVP XV EF, IVM XV, IVP XVI and IVM XVI.

 

(3)The percentage is based on 40,473,551 shares of Common Stock reported to be outstanding as of November 3, 2023 in the Issuer’s Form 10-Q for the quarterly period ended September 30, 2023 as filed with the Securities and Exchange Commission on November 8, 2023.

 

13 

 

 

CUSIP NO.  55003A 10 8 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
United States of America

NUMBER OF
SHARES BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH
5 SOLE VOTING POWER
0 shares
6 SHARED VOTING POWER
7,547,200 shares (2)
7 SOLE DISPOSITIVE POWER
0 shares
8 SHARED DISPOSITIVE POWER
7,547,200 shares (2)

9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

7,547,200 shares (2)

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% (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.

 

(2)Includes (i) 3,730,160 shares held by IVP XV; (ii) 19,843 shares held by IVP XV EF; (iii) 23,600 shares held by IVM XV; (iv) 3,749,997 shares held by IVP XVI; and (v) 23,600 shares held by IVM XVI. IVM XV serves as the sole general partner of IVP XV and IVP XV EF and has shared voting and investment control over the shares owned by IVP XV and IVP XV EF and may be deemed to own beneficially the shares held by IVP XV and IVP XV EF. IVM XVI serves as the sole general partner of IVP XVI and has shared voting and investment control over the shares owned by IVP XVI and may be deemed to own beneficially the shares held by IVP XVI. Chaffee, Fogelsong, Harrick, Miller, Phelps, Liaw, Dash and Maltz are Managing Directors of IVM XV and IVM XVI and share voting and dispositive power over the shares held by IVP XV, IVP XV EF, IVM XV, IVP XVI and IVM XVI, and may be deemed to own beneficially the shares held by IVP XV, IVP XV EF, IVM XV, IVP XVI and IVM XVI.

 

(3)The percentage is based on 40,473,551 shares of Common Stock reported to be outstanding as of November 3, 2023 in the Issuer’s Form 10-Q for the quarterly period ended September 30, 2023 as filed with the Securities and Exchange Commission on November 8, 2023.

 

14 

 

 

Introductory Note: This statement on Schedule 13G is filed by the Reporting Persons with the Commission in respect of shares of Common stock, $0.001 par value per share (the “Common Stock”) of Lulu’s Fashion Lounge Holdings, Inc., a Delaware corporation (the “Issuer”).

 

Item 1

 

(a)Name of Issuer: Lulu’s Fashion Lounge Holdings, Inc.

 

(b)Address of Issuer’s Principal Executive Offices:

 

195 Humboldt Avenue
Chico, California 95928

 

Item 2

 

(a)Name of Reporting Persons Filing:

 

1.Institutional Venture Partners XV, L.P. (“IVP XV”)
2.Institutional Venture Partners XV Executive Fund, L.P. (“IVP XV EF”)
3.Institutional Venture Management XV, LLC (“IVM XV”)
4.Institutional Venture Partners XVI, L.P. (“IVP XVI”)
5.Institutional Venture Management XVI, LLC (“IVM XVI”)
6.Todd C. Chaffee (“Chaffee”)
7.Norman A. Fogelsong (“Fogelsong”)
8.Stephen J. Harrick (“Harrick”)
9.J. Sanford Miller (“Miller”)
10.Dennis B. Phelps (“Phelps”)
11.Eric Liaw (“Liaw”)
12.Somesh Dash (“Dash”)
13.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 XV Delaware
  IVP XV EF Delaware
  IVM XV Delaware
  IVP XVI Delaware
  IVM XVI 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
  Liaw United States of America
  Dash United States of America
  Maltz United States of America

 

(d)Title of Class of Securities: Common Stock

 

15 

 

 

(e)CUSIP Number: 55003A 10 8

 

Item 3Not applicable.

 

Item 4Ownership.

 

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, 2023:

  

Reporting Persons  Shares Held
Directly
   Sole Voting
Power
   Sole
Dispositive
Power
   Shared Voting
Power (1)
   Shared
Dispositive
Power (1)
   Beneficial
Ownership (1)
  

Percentage of
Class (2)

 
IVP XV (1)   3,730,160    0    0    3,730,160    3,730,160    3,730,160    9.2%
IVP XV EF (1)   19,843    0    0    19,843    19,843    19,843    0.0%
IVM XV (1)   23,600    0    0    3,773,603    3,773,603    3,773,603    9.3%
IVP XVI (1)   3,749,997    0    0    3,749,997    3,749,997    3,749,997    9.3%
IVM XIV (1)   23,600    0    0    3,773,597    3,7 73,597    3,773,597    9.3%
Chaffee (1)   0    0    0    7,547,200    7,547,200    7,547,200    18.6%
Fogelsong (1)   0    0    0    7,547,200    7,547,200    7,547,200    18.6%
Harrick (1)   0    0    0    7,547,200    7,547,200    7,547,200    18.6%
Miller (1)   0    0    0    7,547,200    7,547,200    7,547,200    18.6%
Phelps (1)   0    0    0    7,547,200    7,547,200    7,547,200    18.6%
Liaw (1)   0    0    0    7,547,200    7,547,200    7,547,200    18.6%
Dash (1)   0    0    0    7,547,200    7,547,200    7,547,200    18.6%
Maltz (1)   0    0    0    7,547,200    7,547,200    7,547,200    18.6%

  

(1)IVM XV serves as the sole general partner of IVP XV and IVP XV EF and has shared voting and investment control over the shares owned by IVP XV and IVP XV EF and may be deemed to own beneficially the shares held by IVP XV and IVP XV EF. IVM XVI serves as the sole general partner of IVP XVI and has shared voting and investment control over the shares owned by IVP XVI and may be deemed to own beneficially the shares held by IVP XVI. Chaffee, Fogelsong, Harrick, Miller, Phelps, Liaw, Dash and Maltz are Managing Directors of IVM XV and IVM XVI and share voting and dispositive power over the shares held by IVP XV, IVP XV EF, IVM XV, IVP VXI and IVM XVI, and may be deemed to own beneficially the shares held by IVP XV, IVP XV EF, IVM XV, IVP XVI and IVM XIV.

 

(2)The percentage is based on 40,473,551 shares of Common Stock reported to be outstanding as of November 3, 2023 in the Issuer’s Form 10-Q for the quarterly period ended September 30, 2023 as filed with the Securities and Exchange Commission on November 8, 2023.

 

Item 5Ownership 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: ¨

 

Item 6Ownership of More Than Five Percent on Behalf of Another Person.

 

Not applicable.

 

16 

 

 

Item 7Identification and Classification of the Subsidiary which Acquired the Security Being Reported on by the Parent Holding Company.

 

Not applicable.

 

Item 8Identification and Classification of Members of the Group.

 

Not applicable.

 

Item 9Notice of Dissolution of Group.

 

Not applicable.

 

Item 10Certification.

 

Not applicable.

 

17 

 

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 XV, L.P. 

INSTITUTIONAL VENTURE PARTNERS XV EXECUTIVE FUND, L.P.  

By: Institutional Venture Management XV, LLC  
Its: General Partner  
     
By:   /s/ Tracy Hogan  
    Tracy Hogan, Attorney-in-Fact  
     
INSTITUTIONAL VENTURE MANAGEMENT XV, LLC  
     
By:   /s/ Tracy Hogan  
    Tracy Hogan, Attorney-in-Fact  
     
INSTITUTIONAL VENTURE PARTNERS XVI, L.P.  
     
By: Institutional Venture Management XVI, LLC  
Its:  General Partner  
     
By:   /s/ Tracy Hogan  
    Tracy Hogan, Attorney-in-Fact  
     
INSTITUTIONAL VENTURE MANAGEMENT XVI, 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 Eric Liaw  
&# xA0;    
    /s/ Tracy Hogan  
Tracy Hogan, Attorney-in-Fact for Somesh Dash  
     
    /s/ Tracy Hogan  
Tracy Hogan, Attorney-in-Fact for Jules A. Maltz  

 

Exhibit(s):

 

A:      Joint Filing Statement

 

18