13D Filing: Longitude Capital Partners III, LLC and Molecular Templates Inc. (MTEM)

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Page 3 of 10 – SEC Filing

CUSIP No. 608550 109 13D Page
3 of 10 Pages

  

1

NAMES OF REPORTING PERSONS

Longitude Venture Partners III, L.P.

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(see instructions)

(a)
¨

(b)
¨

3

SEC USE ONLY

4

SOURCE OF FUNDS (see instructions)

OO1

5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED

PURSUANT TO ITEM 2(d) or 2(e)

¨

6

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware




NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON WITH

7

SOLE VOTING POWER

0

8

SHARED VOTING POWER

4,344,8022

9

SOLE DISPOSITIVE POWER

0

10

SHARED DISPOSITIVE POWER

4,344,8022

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

4,344,8022

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES

(see instructions)

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11

15.3%3

14

TYPE OF REPORTING PERSON (see instructions)

PN

1 The securities over which the Reporting Persons
have shared voting and dispositive power were acquired using investment funds from limited partner investors of Longitude Venture
III.

2 Consists of 2,896,535 outstanding
shares of Common Stock and 1,448,267 shares of Common Stock issuable upon exercise of Warrants.

3 The
percentage was calculated based on 28,329,124 shares of Common Stock, as follows: 26,880,857 outstanding shares of Common
Stock as of August 1, 2017, as disclosed by the Issuer in its Current Report on Form 8-K filed with the Commission on
August 7, 2017; plus 1,448,267 shares of Common Stock issuable upon exercise of the Warrants beneficially owned by the
Reporting Persons.

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