Filing Details

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

Schedule 13G

 

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. _____)*

 

SmileDirectClub, Inc.

(Name of Issuer)

 

Class A Common Stock

(Title of Class of Securities)

 

83192H106

(CUSIP Number)

 

December 31, 2019

(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).

 

(Continued on following pages)

 

Exhibit Index Contained on Page 8

 

 

 

CUSIP NO. 83192H106

13G

Page 2 of 9

 

1	NAME OF REPORTING PERSONS	KPCB Digital Growth Fund III, LLC (“KPCB DGF”)
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)     ¨     (b)     x
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 5,337,484 shares, except that KPCB DGF III Associates, LLC (“Associates”), the managing member of KPCB DGF, may be deemed to have sole power to vote these shares.
	6	SHARED VOTING POWER See response to row 5.
	7	SOLE DISPOSITIVE POWER 5,337,484 shares, except that Associates, the managing member of KPCB DGF, may be deemed to have sole power to dispose of these shares.
	8	SHARED DISPOSITIVE POWER See response to row 7.

 

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON	5,337,484
10	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES	¨
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9	5.2%
12	TYPE OF REPORTING PERSON	OO

 

 

 

CUSIP NO. 83192H106

13G

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1	NAME OF REPORTING PERSONS	KPCB Digital Growth Founders Fund III, LLC (“KPCB DGF Founders”)
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)     ¨     (b)     x
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 65,922 shares, except that Associates, the managing member of KPCB DGF Founders, may be deemed to have sole power to vote these shares.
	6	SHARED VOTING POWER See response to row 5.
	7	SOLE DISPOSITIVE POWER 65,922 shares, except that Associates, the managing member of KPCB DGF Founders, may be deemed to have sole power to dispose of these shares.
	8	SHARED DISPOSITIVE POWER See response to row 7.

 

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON	65,922
10	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES	¨
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9	0.1%
12	TYPE OF REPORTING PERSON	OO

 

 

CUSIP NO. 83192H106

13G

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1	NAME OF REPORTING PERSONS	KPCB DGF III Associates, LLC
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)     ¨     (b)     x
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 5,403,406 shares, of which 5,337,484 are directly owned by KPCB DGF and 65,922 are directly owned by KPCB DGF Founders.  Associates, the managing member of KPCB DGF and KPCB DGF Founders, may be deemed to have sole power to vote these shares.
	6	SHARED VOTING POWER See response to row 5.
	7	SOLE DISPOSITIVE POWER 5,403,406 shares, of which 5,337,484 are directly owned by KPCB DGF and 65,922 are directly owned by KPCB DGF Founders.  Associates, the managing member of KPCB DGF and KPCB DGF Founders, may be deemed to have sole power to dispose of these shares.
	8	SHARED DISPOSITIVE POWER See response to row 7.

 

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON	5,403,406
10	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES	¨
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9	5.3%
12	TYPE OF REPORTING PERSON	OO

 

 

 

CUSIP NO. 83192H106

13G

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ITEM 1(A).

NAME OF ISSUER

 

SmileDirectClub, Inc. (the “Issuer”)

 

ITEM 1(B).

ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICES 414 Union Street Nashville, TN 37219

 

ITEM 2(A).

NAME OF PERSONS FILING This Schedule is filed by KPCB Digital Growth Fund III, LLC, a Delaware limited liability company, KPCB Digital Growth Founders Fund III, LLC, a Delaware limited liability company, and KPCB DGF III Associates, LLC, a Delaware limited liability company. The foregoing entities are collectively referred to as the “Reporting Persons.”

 

ITEM 2(B).

ADDRESS OF PRINCIPAL OFFICE

 

The address for each of the Reporting Persons is:

 

c/o Kleiner Perkins Caufield & Byers
2750 Sand Hill Road
Menlo Park, California 94025

 

ITEM 2(C).

CITIZENSHIP See Row 4 of cover page for each Reporting Person.

 

ITEM 2(D).

TITLE OF CLASS OF SECURITIES Class A Common Stock, $0.0001 par value.

 

ITEM 2(E)

CUSIP NUMBER 83192H106

 

ITEM 3.

If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a: Not applicable.

 

ITEM 4.

OWNERSHIP

 

The following information with respect to the ownership of the ordinary shares of the Issuer by the persons filing this Statement is provided as of December 31, 2019:

 

 

CUSIP NO. 83192H106

13G

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(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 such 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 FIVE PERCENT OR LESS OF A CLASS Not applicable.

 

ITEM 6.

OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON. Under certain circumstances set forth in the limited liability company agreements of the Reporting Persons, the members of such entities may be deemed to have the right to receive dividends from, or the proceeds from, the sale of shares of the Issuer owned by each such entity of which they are a member.

 

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.

 

 

 

CUSIP NO. 83192H106

13G

Page 7 of 9

 

SIGNATURES

 

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 12, 2020

 

	KPCB DIGITAL GROWTH FUND III, LLC, a Delaware limited liability company
	By: KPCB DGF III ASSOCIATES, LLC, a Delaware limited liability company, its managing member
	By:	/s/ Susan Biglieri
		Susan Biglieri
		Chief Financial Officer
	KPCB DIGITAL GROWTH FOUNDERS FUND III, LLC, a Delaware limited liability company
	By: KPCB DGF III ASSOCIATES, LLC, a Delaware limited liability company, its managing member
	By:	/s/ Susan Biglieri
		Susan Biglieri
		Chief Financial Officer
	KPCB DGF III ASSOCIATES, LLC, a Delaware limited liability company
	By:	/s/ Susan Biglieri
		Susan Biglieri
		Chief Financial Officer

 

 

CUSIP NO. 83192H106

13G

Page 8 of 9

 

EXHIBIT INDEX

 

	Found on Sequentially
Exhibit	Numbered Page
Exhibit A:  Agreement of Joint Filing	9

 

 

CUSIP NO. 83192H106

13G

Page 9 of 9

 

exhibit A

 

Agreement of Joint Filing

 

The undersigned hereby agree that a single Schedule 13G (or any amendment thereto) relating to the common stock of the Issuer shall be filed on behalf of each of the undersigned and that this Agreement shall be filed as an exhibit to such Schedule 13G.

 

Date: February 12, 2020

 

	KPCB DIGITAL GROWTH FUND III, LLC, a Delaware limited liability company
	By: KPCB DGF III ASSOCIATES, LLC, a Delaware limited liability company, its managing member
	By:	/s/ Susan Biglieri
		Susan Biglieri
		Chief Financial Officer
	KPCB DIGITAL GROWTH FOUNDERS FUND III, LLC, a Delaware limited liability company
	By: KPCB DGF III ASSOCIATES, LLC, a Delaware limited liability company, its managing member
	By:	/s/ Susan Biglieri
		Susan Biglieri
		Chief Financial Officer
	KPCB DGF III ASSOCIATES, LLC, a Delaware limited liability company
	By:	/s/ Susan Biglieri
		Susan Biglieri
		Chief Financial Officer