Filing Details
- Accession Number:
- 0001193125-22-008709
- Form Type:
- 13D Filing
- Publication Date:
- 2022-01-12 19:00:00
- Filed By:
- Versant Venture Capital Vi, L.p.
- Company:
- Oyster Point Pharma Inc. (NASDAQ:OYST)
- Filing Date:
- 2022-01-13
- SEC Url:
- 13D Filing
Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.
Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
---|---|---|---|---|---|---|
Versant Venture Capital VI | 2,236,888 | 0 | 2,236,888 | 0 | 2,236,888 | 8.5% |
Versant Ventures VI GP | 0 | 2,236,888 | 0 | 2,236,888 | 2,236,888 | 8.5% |
Versant Ventures VI GP-GP | 0 | 2,236,888 | 0 | 2,236,888 | 2,236,888 | 8.5% |
Versant Vantage I | 1,003,658 | 0 | 1,003,658 | 0 | 1,003,658 | 3.8% |
Versant Vantage I GP | 0 | 1,003,658 | 0 | 1,003,658 | 1,003,658 | 3.8% |
Versant Vantage I GP-GP | 0 | 1,003,658 | 0 | 1,003,658 | 1,003,658 | 3.8% |
Versant Venture Capital IV | 414,607 | 0 | 414,607 | 0 | 414,607 | 1.6% |
Versant Side Fund IV | 2,465 | 0 | 2,465 | 0 | 2,465 | 0.0% |
Versant Ventures IV | 0 | 417,072 | 0 | 417,072 | 417,072 | 1.6% |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d-l(a) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2(a)
(Amendment No. 5)*
OYSTER POINT PHARMA, INC.
(Name of Issuer)
Common Stock, par value $0.001 per share
(Title of Class of Securities)
69242L106
(CUSIP Number)
Versant Venture Capital VI, L.P.
Robin L. Praeger
One Sansome Street, Suite 3630
San Francisco, CA 94104
415-801-8100
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
January 5, 2022
(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. ☐
* | 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 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act.
CUSIP No. 69242L106 | 13D |
1. | Name of Reporting Persons
Versant Venture Capital VI, L.P. | |||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions) (a) ☐ (b) ☒(1)
| |||||
3. | SEC Use Only
| |||||
4. | Source of Funds (See Instructions)
WC | |||||
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
2,236,888 shares of Common Stock (2) | ||||
8. | Shared Voting Power
0 | |||||
9. | Sole Dispositive Power
2,236,888 shares of Common Stock (2) | |||||
10. | Shared Dispositive Power
0 |
11. | Aggregate Amount Beneficially Owned by Each Reporting Person
2,236,888 shares of Common Stock (2) | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
☐ | |||||
13. | Percent of Class Represented by Amount in Row 11
8.5% (3) | |||||
14. | Type of Reporting Person (See Instructions)
PN |
(1) | This Schedule 13D is filed by Versant Venture Capital IV, L.P. (Versant IV), Versant Side Fund IV, L.P. (Side Fund IV), Versant Ventures IV, LLC (LLC IV), Versant Venture Capital VI, L.P. (Versant VI), Versant Ventures VI GP, L.P. (GP VI), Versant Ventures VI GP-GP, LLC (LLC VI), Versant Vantage I, L.P. (Vantage LP), Versant Vantage I GP, L.P. (Vantage GP), Versant Vantage I GP-GP, LLC (Vantage LLC and, with Versant IV, Side Fund IV, LLC IV, Versant VI, GP VI, LLC VI, Vantage LP and Vantage GP, collectively, the Reporting Persons). LLC IV is the general partner of Versant IV and Side Fund IV, and LLC IV has voting and dispositive power over the shares held by each of Versant IV and Side Fund IV. LLC VI is the general partner of GP VI, which is the general partner of Versant VI. Each of LLC VI and GP VI share voting and dispositive power over the shares held by Versant VI. Vantage LLC is the general partner of Vantage GP, which is the general partner of Vantage LP. Each of Vantage LLC and Vantage GP share voting and dispositive power over the shares held by Vantage LP. The Reporting Persons expressly disclaim status as a group for purposes of this Schedule 13D. |
(2) | These shares are held by Versant VI. LLC VI is the general partner of GP VI, which is the general partner of Versant VI. Each of LLC VI and GP VI share voting and dispositive power over the shares held by Versant VI and as a result may be deemed to have beneficial ownership over such securities. |
(3) | This calculation is based upon 26,163,861 shares of the Issuers Common Stock outstanding as of October 29, 2021, as set forth in the Issuers quarterly report on Form 10-Q for the quarter ended September 30, 2021, filed with the United States Securities and Exchange Commission on November 4, 2021 (the Form 10-Q). |
CUSIP No. 69242L106 | 13D |
1. | Name of Reporting Persons
Versant Ventures VI GP, L.P. | |||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions) (a) ☐ (b) ☒(1)
| |||||
3. | SEC Use Only
| |||||
4. | Source of Funds (See Instructions)
AF | |||||
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
2,236,888 shares of Common Stock (2) | |||||
9. | Sole Dispositive Power
0 | |||||
10. | Shared Dispositive Power
2,236,888 shares of Common Stock (2) |
11. | Aggregate Amount Beneficially Owned by Each Reporting Person
2,236,888 shares of Common Stock (2) | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
☐ | |||||
13. | Percent of Class Represented by Amount in Row 11
8.5% (3) | |||||
14. | Type of Reporting Person (See Instructions)
PN |
(1) | This Schedule 13D is filed by the Reporting Persons. The Reporting Persons expressly disclaim status as a group for purposes of this Schedule 13D. |
(2) | These shares are held by Versant VI. LLC VI is the general partner of GP VI, which is the general partner of Versant VI. Each of LLC VI and GP VI share voting and dispositive power over the shares held by Versant VI and as a result may be deemed to have beneficial ownership over such securities. |
(3) | This calculation is based upon 26,163,861 shares of the Issuers Common Stock outstanding as of October 29, 2021, as set forth in the Form 10-Q. |
CUSIP No. 69242L106 | 13D |
1. | Name of Reporting Persons
Versant Ventures VI GP-GP, LLC | |||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions) (a) ☐ (b) ☒(1)
| |||||
3. | SEC Use Only
| |||||
4. | Source of Funds (See Instructions)
AF | |||||
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
2,236,888 shares of Common Stock (2) | |||||
9. | Sole Dispositive Power
0 | |||||
10. | Shared Dispositive Power
2,236,888 shares of Common Stock (2) |
11. | Aggregate Amount Beneficially Owned by Each Reporting Person
2,236,888 shares of Common Stock (2) | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
☐ | |||||
13. | Percent of Class Represented by Amount in Row 11
8.5% (3) | |||||
14. | Type of Reporting Person (See Instructions)
OO |
(1) | This Schedule 13D is filed by the Reporting Persons. The Reporting Persons expressly disclaim status as a group for purposes of this Schedule 13D. |
(2) | These shares are held by Versant VI. LLC VI is the general partner of GP VI, which is the general partner of Versant VI. Each of LLC VI and GP VI share voting and dispositive power over the shares held by Versant VI and as a result may be deemed to have beneficial ownership over such securities. |
(3) | This calculation is based upon 26,163,861 shares of the Issuers Common Stock outstanding as of October 29, 2021, as set forth in the Form 10-Q. |
CUSIP No. 69242L106 | 13D |
1. | Name of Reporting Persons
Versant Vantage I, L.P. | |||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions) (a) ☐ (b) ☒(1)
| |||||
3. | SEC Use Only
| |||||
4. | Source of Funds (See Instructions)
WC | |||||
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
1,003,658 shares of Common Stock (2) | ||||
8. | Shared Voting Power
0 | |||||
9. | Sole Dispositive Power
1,003,658 shares of Common Stock (2) | |||||
10. | Shared Dispositive Power
0 |
11. | Aggregate Amount Beneficially Owned by Each Reporting Person
1,003,658 shares of Common Stock (2) | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
☐ | |||||
13. | Percent of Class Represented by Amount in Row 11
3.8% (3) | |||||
14. | Type of Reporting Person (See Instructions)
PN |
(1) | This Schedule 13D is filed by the Reporting Persons. The Reporting Persons expressly disclaim status as a group for purposes of this Schedule 13D. |
(2) | These shares are held by Vantage LP. Vantage LLC is the general partner of Vantage GP, which is the general partner of Vantage LP. Each of Vantage LLC and Vantage GP share voting and dispositive power over the shares held by Vantage LP and as a result may be deemed to have beneficial ownership over such securities. |
(3) | This calculation is based upon 26,163,861 shares of the Issuers Common Stock outstanding as of October 29, 2021, as set forth in the Form 10-Q. |
CUSIP No. 69242L106 | 13D |
1. | Name of Reporting Persons
Versant Vantage I GP, L.P. | |||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions) (a) ☐ (b) ☒(1)
| |||||
3. | SEC Use Only
| |||||
4. | Source of Funds (See Instructions)
AF | |||||
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
1,003,658 shares of Common Stock (2) | |||||
9. | Sole Dispositive Power
0 | |||||
10. | Shared Dispositive Power
1,003,658 shares of Common Stock (2) |
11. | Aggregate Amount Beneficially Owned by Each Reporting Person
1,003,658 shares of Common Stock (2) | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
☐ | |||||
13. | Percent of Class Represented by Amount in Row 11
3.8% (3) | |||||
14. | Type of Reporting Person (See Instructions)
PN |
(1) | This Schedule 13D is filed by the Reporting Persons. The Reporting Persons expressly disclaim status as a group for purposes of this Schedule 13D. |
(2) | These shares are held by Vantage LP. Vantage LLC is the general partner of Vantage GP, which is the general partner of Vantage LP. Each of Vantage LLC and Vantage GP share voting and dispositive power over the shares held by Vantage LP and as a result may be deemed to have beneficial ownership over such securities. |
(3) | This calculation is based upon 26,163,861 shares of the Issuers Common Stock outstanding as of October 29, 2021, as set forth in the Form 10-Q. |
CUSIP No. 69242L106 | 13D |
1. | Name of Reporting Persons
Versant Vantage I GP-GP, LLC | |||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions) (a) ☐ (b) ☒(1)
| |||||
3. | SEC Use Only
| |||||
4. | Source of Funds (See Instructions)
AF | |||||
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
1,003,658 shares of Common Stock (2) | |||||
9. | Sole Dispositive Power
0 | |||||
10. | Shared Dispositive Power
1,003,658 shares of Common Stock (2) |
11. | Aggregate Amount Beneficially Owned by Each Reporting Person
1,003,658 shares of Common Stock (2) | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
☐ | |||||
13. | Percent of Class Represented by Amount in Row 11
3.8% (3) | |||||
14. | Type of Reporting Person (See Instructions)
OO |
(1) | This Schedule 13D is filed by the Reporting Persons. The Reporting Persons expressly disclaim status as a group for purposes of this Schedule 13D. |
(2) | These shares are held by Vantage LP. Vantage LLC is the general partner of Vantage GP, which is the general partner of Vantage LP. Each of Vantage LLC and Vantage GP share voting and dispositive power over the shares held by Vantage LP and as a result may be deemed to have beneficial ownership over such securities. |
(3) | This calculation is based upon 26,163,861 shares of the Issuers Common Stock outstanding as of October 29, 2021, as set forth in the Form 10-Q. |
CUSIP No. 69242L106 | 13D |
1. | Name of Reporting Persons
Versant Venture Capital IV, L.P. | |||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions) (a) ☐ (b) ☒(1)
| |||||
3. | SEC Use Only
| |||||
4. | Source of Funds (See Instructions)
WC | |||||
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
414,607 shares of Common Stock (2) | ||||
8. | Shared Voting Power
0 | |||||
9. | Sole Dispositive Power
414,607 shares of Common Stock (2) | |||||
10. | Shared Dispositive Power
0 |
11. | Aggregate Amount Beneficially Owned by Each Reporting Person
414,607 shares of Common Stock (2) | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
☐ | |||||
13. | Percent of Class Represented by Amount in Row 11
1.6% (3) | |||||
14. | Type of Reporting Person (See Instructions)
PN |
(1) | This Schedule 13D is filed by the Reporting Persons. The Reporting Persons expressly disclaim status as a group for purposes of this Schedule 13D. |
(2) | These shares are held by Versant IV. LLC IV is the general partner of Versant IV and has voting and dispositive power over the shares held by Versant IV and as a result may be deemed to have beneficial ownership over such securities. |
(3) | This calculation is based upon 26,163,861 shares of the Issuers Common Stock outstanding as of October 29, 2021, as set forth in the Form 10-Q. |
CUSIP No. 69242L106 | 13D |
1. | Name of Reporting Persons
Versant Side Fund IV, L.P. | |||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions) (a) ☐ (b) ☒(1)
| |||||
3. | SEC Use Only
| |||||
4. | Source of Funds (See Instructions)
WC | |||||
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
2,465 shares of Common Stock (2) | ||||
8. | Shared Voting Power
0 | |||||
9. | Sole Dispositive Power
2,465 shares of Common Stock (2) | |||||
10. | Shared Dispositive Power
0 |
11. | Aggregate Amount Beneficially Owned by Each Reporting Person
2,465 shares of Common Stock (2) | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
☐ | |||||
13. | Percent of Class Represented by Amount in Row 11
0.0% (3) | |||||
14. | Type of Reporting Person (See Instructions)
PN |
(1) | This Schedule 13D is filed by the Reporting Persons. The Reporting Persons expressly disclaim status as a group for purposes of this Schedule 13D. |
(2) | These shares are held by Side Fund IV. LLC IV is the general partner of Side Fund IV and has voting and dispositive power over the shares held by Side Fund IV and as a result may be deemed to have beneficial ownership over such securities. |
(3) | This calculation is based upon 26,163,861 shares of the Issuers Common Stock outstanding as of October 29, 2021, as set forth in the Form 10-Q. |
CUSIP No. 69242L106 | 13D |
1. | Name of Reporting Persons
Versant Ventures IV, LLC | |||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions) (a) ☐ (b) ☒(1)
| |||||
3. | SEC Use Only
| |||||
4. | Source of Funds (See Instructions)
AF | |||||
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
417,072 shares of Common Stock (2) | |||||
9. | Sole Dispositive Power
0 | |||||
10. | Shared Dispositive Power
417,072 shares of Common Stock (2) |
11. | Aggregate Amount Beneficially Owned by Each Reporting Person
417,072 shares of Common Stock (2) | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
☐ | |||||
13. | Percent of Class Represented by Amount in Row 11
1.6% (3) | |||||
14. | Type of Reporting Person (See Instructions)
OO |
(1) | This Schedule 13D is filed by the Reporting Persons. The Reporting Persons expressly disclaim status as a group for purposes of this Schedule 13D. |
(2) | Includes (i) 414,607, shares held by Versant IV; and (ii) 2,465 shares held by Side Fund IV. LLC IV is the general partner of Versant IV and Side Fund IV, and LLC IV has voting and dispositive power over the shares held by each of Versant IV and Side Fund IV and as a result may be deemed to have beneficial ownership over such securities. |
(3) | This calculation is based upon 26,163,861 shares of the Issuers Common Stock outstanding as of October 29, 2021, as set forth in the Form 10-Q. |
CUSIP No. 69242L106 | 13D |
Explanatory Note:
This Amendment No 5. (Amendment) amends and supplements the Schedule 13D originally filed by the Reporting Persons with the United States Securities and Exchange Commission (the Commission) on November 14, 2019, as amended by Amendment No. 1 filed with the Commission on March 1, 2021, Amendment No. 2 filed with the Commission on April 5, 2021, Amendment No. 3 filed with the Commission on May 24, 2021 and Amendment No. 4 filed with the Commission on October 27, 2021 (collectively the Original Schedule 13D). Only those items that are hereby reported are amended; all other items reported in the Original Schedule 13D remain unchanged. Information given in response to each item shall be deemed incorporated by reference in all other items, as applicable. Capitalized terms not defined in this Amendment have the meanings ascribed to them in the Original Schedule 13D.
Item 5. Interest in Securities of the Issuer
Solely on behalf of, and only to the extent that it relates to the Reporting Persons, Item 5 of the Original Schedule 13D is hereby amended as follows:
(a) and (b) See Items 7-11 of the cover pages of this Amendment.
(c) On December 21, 2021, Versant IV effected a pro rata distribution without additional consideration of 200,213 shares of Common Stock to (i) LLC IV, its general partner and (ii) its limited partners. LLC IV then effected a pro rata distribution without additional consideration of the shares that it received in connection with such distribution to its members.
On December 21, 2021, Side Fund IV effected a pro rata distribution without additional consideration of 1,261 shares of Common Stock to its limited partners.
On January 5, 2022, Versant IV effected a pro rata distribution without additional consideration of 200,213 shares of Common Stock to (i) LLC IV, its general partner and (ii) its limited partners. LLC IV then effected a pro rata distribution without additional consideration of the shares that it received in connection with such distribution to its members.
On January 5, 2022, Side Fund IV effected a pro rata distribution without additional consideration of 1,261 shares of Common Stock to its limited partners.
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.
January 13, 2022 | ||
Versant Venture Capital VI, L.P. | ||
By: | Versant Ventures VI GP, L.P. | |
Its: | General Partner | |
By: | Versant Ventures VI GP-GP, LLC | |
Its: | General Partner | |
By: | /s/ Robin L. Praeger | |
Versant Ventures VI GP, L.P. | ||
By: | Versant Ventures VI GP-GP, LLC | |
Its: | General Partner | |
By: | /s/ Robin L. Praeger | |
Versant Ventures VI GP-GP, LLC | ||
By: | /s/ Robin L. Praeger | |
Versant Vantage I, L.P. | ||
By: | Versant Vantage I GP, L.P. | |
Its: | General Partner | |
By: | Versant Vantage I GP-GP, LLC | |
Its: | General Partner | |
By: | /s/ Robin L. Praeger | |
Versant Vantage I GP, L.P. | ||
By: | Versant Vantage I GP-GP, LLC | |
Its: | General Partner | |
By: | /s/ Robin L. Praeger | |
Versant Vantage I GP-GP, LLC | ||
By: | /s/ Robin L. Praeger |
Versant Venture Capital IV, L.P. | ||
By: | Versant Ventures IV, LLC | |
Its: | General Partner | |
By: | /s/ Robin L. Praeger | |
Versant Side Fund IV, L.P. | ||
By: | Versant Ventures IV, LLC | |
Its: | General Partner | |
By: | /s/ Robin L. Praeger | |
Versant Ventures IV, LLC | ||
By: | /s/ Robin L. Praeger |