Filing Details

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 5)

 

 

Aimmune Therapeutics, Inc.

(Name of Issuer)

Common Stock, par value $0.0001

(Title of Class of Securities)

00900T107

(CUSIP Number)

Nestlé S.A.

Avenue Nestlé, 55

1800 Vevey

Switzerland

Attention: General Counsel Corporate

Phone: +41 21 924 1111

with a copy to:

David A. Carpenter, Esq.

Mayer Brown LLP

1221 Avenue of the Americas

New York, New York 10020

(212) 506-2195

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

October 13, 2020

(Date of Event which Requires Filing of this Statement)

 

 

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.  ☐

 

 

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.

 

 

*	The remainder of this cover page shall be filled out for a reporting persons 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, as amended (the Exchange Act) or otherwise subject to the liabilities of that section of the Exchange Act but shall be subject to all other provisions of the Exchange Act (however, see the Notes).

 

 

 

CUSIP No. 00900T107

 

1.		Name of Reporting Person   Nestlé S.A.
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):   AF
5.		Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e):   ☐
6.		Citizenship or Place of Organization:   Switzerland
Number of Shares Beneficially Owned by Each Reporting Person With				7.		Sole Voting Power:   0
				8.		Shared Voting Power:   100 (see Item 4)
				9.		Sole Dispositive Power:   0
				10.		Shared Dispositive Power:   100 (see Item 4)
11.		Aggregate Amount Beneficially Owned by Each Reporting Person:   100
12.		Check if the Aggregate Amount in Row (11) Excludes Certain Shares: (See Instructions)   ☐
13.		Percent of Class Represented by Amount in Row (11):   100%
14.		Type of Reporting Person (See Instructions):   CO

CUSIP No. 00900T107

 

1.		Name of Reporting Person   Société des Produits Nestlé S.A.
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):   AF
5.		Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e):   ☐
6.		Citizenship or Place of Organization:   Switzerland
Number of Shares Beneficially Owned by Each Reporting Person With				7.		Sole Voting Power:   0
				8.		Shared Voting Power:   100 (see Item 4)
				9.		Sole Dispositive Power:   0
				10.		Shared Dispositive Power:   100 (see Item 4)
11.		Aggregate Amount Beneficially Owned by Each Reporting Person:   100
12.		Check if the Aggregate Amount in Row (11) Excludes Certain Shares: (See Instructions)   ☐
13.		Percent of Class Represented by Amount in Row (11):   100%
14.		Type of Reporting Person (See Instructions):   CO

 

2

SCHEDULE 13D

Explanatory Note

Pursuant to Rule 13d-2 of the Securities Exchange Act of 1934, as amended, this Amendment No. 5 (this Amendment) amends and supplements certain items of the Schedule 13D filed with the Securities and Exchange Commission (the SEC) on March 5, 2018, as amended by Amendment No. 1 filed with the SEC on December 3, 2018, as amended by Amendment No. 2 filed with the SEC on February 11, 2020, as amended by Amendment No. 3 filed with the SEC on April 22, 2020, and as amended by Amendment No. 4 filed with the SEC on August 31, 2020 (together, the Original Schedule 13D), by the Reporting Persons relating to the Common Stock, par value $0.0001 per share, of Aimmune Therapeutics, Inc. (the Issuer or Aimmune and, such Common Stock, the Aimmune Common Stock). This Amendment amends the Original Schedule 13D on behalf of the Reporting Persons to furnish the information set forth herein. Except as set forth below, all Items of the Original Schedule 13D remain unchanged. All capitalized terms contained herein but not otherwise defined shall have the meanings ascribed to such terms in the Original Schedule 13D.

On October 13, 2020, Aimmune, Société des Produits Nestlé S.A., a société anonyme organized under the laws of Switzerland (SPN), and SPN MergerSub, Inc., a Delaware corporation and a wholly-owned subsidiary of SPN (Merger Sub), completed the transactions contemplated by the Agreement and Plan of Merger, dated August 29, 2020, by and among Aimmune, SPN, and Merger Sub (the Merger Agreement). Pursuant to the terms of the Merger Agreement, Merger Sub merged with and into Aimmune (the Merger), with Aimmune continuing as the surviving corporation and a wholly owned subsidiary of SPN.

Pursuant to the Merger Agreement, SPN and Merger Sub conducted a tender offer (the Offer) for any and all of the outstanding shares of Aimmune Common Stock, other than shares owned by SPN and its affiliates. The Offer expired at 12:00 midnight, Eastern time, on October 9, 2020 (the Expiration Date). The Depositary advised SPN and Merger Sub that, as of the Expiration Date, a total of 43,435,583 shares of Aimmune Common Stock were validly tendered and not validly withdrawn pursuant to the Offer, which represented approximately 65% of the shares of Aimmune Common Stock outstanding as of the Expiration Date and, when taken together with the shares owned by SPN and its wholly owned subsidiaries, represented approximately 78% of the Fully Diluted Shares (as defined in the Merger Agreement) as of the Expiration Date.

As of the Expiration Date, the number of shares of Aimmune Common Stock validly tendered and not validly withdrawn pursuant to the Offer satisfied the Minimum Tender Condition (as defined in the Merger Agreement) and all other conditions to the Offer were satisfied or waived. Promptly after the Expiration Date, Merger Sub irrevocably accepted for payment, and expects to promptly pay for, all shares validly tendered and not validly withdrawn pursuant to the Offer. As a result of its acceptance of the shares tendered in the Offer (together with the shares owned by SPN and its wholly owned subsidiaries prior to the commencement of the Offer), Merger Sub acquired sufficient shares to complete the Merger without the affirmative vote of the stockholders of Aimmune pursuant to Section 251(h) of the General Corporation Law of the State of Delaware.

 

Item 4.

Purpose of Transaction

Item 4 of the Original Schedule 13D is hereby amended and supplemented to include the following:

On October 13, 2020, pursuant to the terms of the Merger Agreement, Merger Sub merged with and into Aimmune, with Aimmune continuing as the surviving corporation and a wholly owned subsidiary of SPN.

At the Effective Time, each share of Aimmune Common Stock issued and outstanding immediately prior to the Effective Time, not including any shares (i) held in the treasury of Aimmune or owned by any wholly owned subsidiary of Aimmune, (ii) owned by SPN or Merger Sub or (iii) owned by stockholders who are entitled to appraisal rights under the DGCL and who have complied with all provisions thereof concerning the exercise of such appraisal rights, were automatically converted into the right to receive an amount in cash equal to the Offer Price, subject to reduction for any applicable withholding taxes and without interest.

 

1

At the Effective Time, the 100 shares of common stock of Merger Sub that were issued and outstanding immediately prior to the Effective Time were automatically converted into 100 shares of common stock, par value $0.01 per share, of the Surviving Corporation.

Promptly following the closing of the Merger, Aimmune shall cause the shares of Aimmune Common Stock to be delisted from the NASDAQ Global Select Market and deregistered under the Exchange Act.

Except as set forth herein and in connection with the Offer and the Merger described above, the Reporting Persons have no plan or proposal that relates to or would result in any of the transactions described in subparagraphs (a) through (j) of Item 4 of Schedule 13D.

 

Item 5.

Interest in Securities of the Issuer

The first paragraph of Item 5(a) (b) of the Original Schedule 13D is hereby amended and restated as follows:

The beneficial ownership percentages described in this Amendment are based on a total of 100 shares of Aimmune Common Stock outstanding as of October 13, 2020.

The information contained on the cover pages to this Amendment is incorporated herein by reference. The shares of Aimmune Common Stock reported on this Amendment are directly held by SPN, which is a wholly-owned subsidiary of Nestlé S.A. The total issued and outstanding shares of Aimmune Common Stock held by SPN comprises 100% of the issued and outstanding Aimmune Common Stock.

Except for the shares of Aimmune Common Stock owned by SPN, none of the Reporting Persons or, to the knowledge of the Reporting Persons, any of the other persons listed on Schedule I hereto beneficially owns any other securities of the Issuer.

(c) Except for the Merger Agreement and the transactions described in this Amendment, neither the Reporting Persons nor, to the knowledge of the Reporting Persons, any person listed on Schedule I hereto, have effected any transactions in the Aimmune Common Stock during the past 60 days.

(d) To the knowledge of the Reporting Persons, no other person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities covered by this Amendment.

(e) Not applicable.

 

Item 6.

Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer

Item 6 is hereby amended and supplemented by adding the following:

The information set forth in Item 4 hereof is incorporated herein by reference.

 

Item 7.

Material to be Filed as Exhibits

 

Exhibit 1		Joint Filing Agreement (filed herewith).
Exhibit 2		Press release issued by Nestlé on October 13, 2020 (incorporated by reference to Exhibit (a)(5)(C) to the Schedule TO/A filed by SPN and Merger Sub with the SEC on October 13, 2020).

 

2

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 October 13, 2020

 

SCHEDULE I

DIRECTORS AND EXECUTIVE OFFICERS OF SPN,

PERSONS CONTROLLING SPN AND EXECUTIVE OFFICERS AND DIRECTORS OF OTHER PERSONS IN CONTROL OF SPN

Société des Produits Nestlé S.A.

Société des Produits Nestlé S.A. is organized under the laws of Switzerland with its principal business address at Avenue Nestlé 55, CH-1800 Vevey Switzerland. Société des Produits Nestlé S.A. is a wholly-owned subsidiary of Nestlé S.A. The name, present principal employment and citizenship of each director and executive officer of Société des Produits Nestlé S.A. is set forth below.

 

Name		Present Principal Employment		Citizenship
1. Stefan Helfenstein		Chairman of the Board, Société des Produits Nestlé S.A.		Swiss
2. Michèle Burger		Director, Société des Produits Nestlé S.A.		Swiss
3. José Checa Cortés		Director, Société des Produits Nestlé S.A.		Spanish
4. Thomas Hauser		Director , Société des Produits Nestlé S.A.		Swiss
5. Blaise Revillard		Director, Société des Produits Nestlé S.A.		French
6. Philippe Vossen		Director, Société des Produits Nestlé S.A.		Belgian
7. Silvan Jampen		Secretary (non Director), Société des Produits Nestlé S.A.		Swiss
8. Michel Gardet		Senior Vice President, Société des Produits Nestlé S.A.		French
9. Olivier Ballevre		Vice President, Société des Produits Nestlé S.A.		French
10. Trevor Douglas Brown		Vice President, Société des Produits Nestlé S.A.		Swiss
11. Harold Humbert		Vice President, Société des Produits Nestlé S.A.		French
12. Claudio Kuoni		Vice President, Société des Produits Nestlé S.A.		Swiss
13. Damien Tissot		Vice President, Société des Produits Nestlé S.A.		French

Nestlé S.A.

Nestlé S.A. is a corporation organized under the laws of Switzerland with its principal business address at Avenue Nestlé 55, CH-1800, Vevey Switzerland. The name, present principal employment and citizenship of each director and executive officer of Nestlé is set forth below.

 

Name		Present Principal Employment		Citizenship
1. Paul Bulcke		Non-Executive Director, Chairman, Nestlé S.A.; Vice-Chairman, LOréal S.A.; Board member, Roche Holding Ltd.		Belgian/Swiss
2. Ulf Mark Schneider		Chief Executive Officer, Board member, Nestlé S.A.		German/US

 

1

3. Henri de Castries		Non-Executive Director; Vice Chairman, Lead Independent Director, Nestlé S.A.; Board member, HSBC Holdings plc, Argus Media		French
4. Renato Fassbind		Non-Executive Director; Vice Chairman and Lead Independent Director, Swiss Re AG; Board member, Kühne+Nagel International AG		Swiss
5. Ann M. Veneman		Non-Executive Director; Board member, the Global Health Innovative Technology Fund, Advisory Board member JUST Capital, the Clinton Health Access Initiative, the Full Harvest Technologies, Inc.		US
6. Eva Cheng		Non-Executive Director; Board member, Haier Electronics Group Co. Ltd.		Chinese
7. Patrick Aebischer		Non-Executive Director; President Emeritus of Institute EPFL; Board member: Logitech International S.A.; Chairman: Novartis Bioventures AG		Swiss
8. Ursula M. Burns		Non-Executive Director; Board member: Exxon Mobil Corporation, Uber Technologies Inc.; Trustee, Ford Foundation		US
9. Kasper Rorsted		Non-Executive Director; CEO, adidas AG		Danish
10. Pablo Isla		Non-Executive Director; Chairman and CEO, Inditex S.A.		Spanish
11. Kimberly A. Ross		Non-Executive Director; CFO, WeWork		US
12. Dick Boer		Non-Executive Director; Board member, Royal Dutch Shell plc.; Chairman: Advisory Board of G-Star RAW CV, Rijksmuseum Fonds		Netherlands
13. Dinesh Paliwal		Non-Executive Director; Senior Advisor to the Board and CEO, Harman International Industries Inc. Board member, Bristol-Myers Squibb, Raytheon Company; Member, U.S.-India Business Council		US/Indian Overseas Citizenship
14. Hanne Jimenez de Mora		Non-Executive Director; Board member: AB Volvo, Outotec Oyj; Vice-chair: IMD Business School		Swiss
15. Laurent Freixe		Executive Vice President: Chief Executive Officer: Zone Americas		French
16. Chris Johnson		Executive Vice President: Chief Executive Officer: Zone Asia, Oceania and sub-Saharan Africa		US
17. Patrice Bula		Executive Vice President: Strategic Business Units, Marketing, Sales and Nespresso; Board member: Novartis AG, Schindler Holding Ltd.		Swiss

18. Marco Settembri		Executive Vice President: Chief Executive Officer: Zone Europe, Middle East and North Africa		Italian
19. François-Xavier Roger		Executive Vice President: Chief Financial Officer (includes Finance and Control, Tax, Treasury, Investor Relations)		French
20. Magdi Batato		Executive Vice President: Head of Operations; Board member: Carlsberg A/S		Swiss
21. Stefan Palzer		Executive Vice President: Chief Technology Officer		German
22. Béatrice Guillaume-Grabisch		Executive Vice President: Global Head Human Resources & Business Services; Board member: LOréal S.A.		French
23. Leanne Geale		Executive Vice President: General Counsel, Corporate Governance and Compliance		Canada
24. Grégory Behar		Deputy Executive Vice President: Chief Executive Officer: Nestlé Health Science		Swiss
25. Sanjay Bahadur		Deputy Executive Vice President: Head of Group Strategy and Business Development		India
26. David P. Frick		Senior Vice President: Secretary to the Board of Directors: Head of Corporate Governance, Compliance and Corporate Services		Swiss