Filing Details
- Accession Number:
- 0001104659-22-022811
- Form Type:
- 13G Filing
- Publication Date:
- 2022-02-13 19:00:00
- Filed By:
- Founders Fund V, Lp
- Company:
- Oscar Health Inc. (NYSE:OSCR)
- Filing Date:
- 2022-02-14
- SEC Url:
- 13G 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 |
|---|---|---|---|---|---|---|
| The Founders Fund V | 0 | 4,476,970 | 0 | 4,476,970 | 4,476,970 | 2.6% |
| The Founders Fund V Entrepreneurs Fund | 0 | 63,361 | 0 | 63,361 | 63,361 | Less than 0.1% |
| The Founders Fund V Principals Fund | 0 | 1,204,304 | 0 | 1,204,304 | 1,204,304 | 0.7% |
| The Founders Fund V Management | 0 | 5,744,635 | 0 | 5,744,635 | 5,744,635 | 3.3% |
| The Founders Fund VI | 0 | 3,755,954 | 0 | 3,755,954 | 3,755,954 | 2.2% |
| The Founders Fund VI Entrepreneurs Fund | 0 | 46,697 | 0 | 46,697 | 46,697 | Less than 0.1% |
| The Founders Fund VI Principals Fund | 0 | 928,720 | 0 | 928,720 | 928,720 | 0.5% |
| The Founders Fund VI Management | 0 | 4,731,371 | 0 | 4,731,371 | 4,731,371 | 2.7% |
| The Founders Fund Growth | 0 | 799,525 | 0 | 799,525 | 799,525 | 0.5% |
| The Founders Fund Growth Principals Fund | 0 | 51,567 | 0 | 51,567 | 51,567 | Less than 0.1% |
| The Founders Fund Growth Management | 0 | 851,092 | 0 | 851,092 | 851,092 | 0.5% |
| Peter Thiel | 0 | 11,327,098 | 0 | 11,327,098 | 11,327,098 | 6.5% |
| Brian Singerman | 0 | 11,327,098 | 0 | 11,327,098 | 11,327,098 | 6.5% |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Amendment No. )
Under the Securities Exchange Act of 1934
oscar health, Inc.
(Name of Issuer)
Class A Common Stock, $0.00001 par value per share
(Title of Class of Securities)
687793109
(CUSIP Number)
December 31, 2021
(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 the disclosures provided in a prior cover page.
The information required in 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. 687793109 | Page 2 of 18 Pages |
| 1. | Name of Reporting Persons
The Founders Fund V, LP |
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions) (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
0 |
| 6. | Shared Voting Power
4,476,970 (1) | |
| 7. | Sole Dispositive Power
0 | |
| 8. | Shared Dispositive Power
4,476,970 (1) |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person
4,476,970 (1) |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
|
| 11. | Percent of Class Represented by Amount in Row (9)
2.6% (2) |
| 12. | Type of Reporting Person (See Instructions)
PN |
(1) Consists of Class A Common Stock of the Issuer held by the reporting person.
(2) This percentage is based upon 174,400,003 outstanding shares of the Issuer’s Class A Common Stock as of October 29, 2021, as reported in the Issuer’s quarterly report for the quarter ended September 30, 2021, filed with the Securities and Exchange Commission on November 12, 2021.
| CUSIP No. 687793109 | Page 3 of 18 Pages |
| 1. | Name of Reporting Persons
The Founders Fund V Entrepreneurs Fund, LP |
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions) (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
0 |
| 6. | Shared Voting Power
63,361 (1) | |
| 7. | Sole Dispositive Power
0 | |
| 8. | Shared Dispositive Power
63,361 (1) |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person
63,361 (1) |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
|
| 11. | Percent of Class Represented by Amount in Row (9)
Less than 0.1% (2) |
| 12. | Type of Reporting Person (See Instructions)
PN |
(1) Consists of Class A Common Stock of the Issuer held by the reporting person.
(2) This percentage is based upon 174,400,003 outstanding shares of the Issuer’s Class A Common Stock as of October 29, 2021, as reported in the Issuer’s quarterly report for the quarter ended September 30, 2021, filed with the Securities and Exchange Commission on November 12, 2021.
| CUSIP No. 687793109 | Page 4 of 18 Pages |
| 1. | Name of Reporting Persons
The Founders Fund V Principals Fund, LP |
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions) (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
0 |
| 6. | Shared Voting Power
1,204,304 (1) | |
| 7. | Sole Dispositive Power
0 | |
| 8. | Shared Dispositive Power
1,204,304 (1) |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person
1,204,304 (1) |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
|
| 11. | Percent of Class Represented by Amount in Row (9)
0.7% (2) |
| 12. | Type of Reporting Person (See Instructions)
PN |
(1) Consists of Class A Common Stock of the Issuer held by the reporting person.
(2) This percentage is based upon 174,400,003 outstanding shares of the Issuer’s Class A Common Stock as of October 29, 2021, as reported in the Issuer’s quarterly report for the quarter ended September 30, 2021, filed with the Securities and Exchange Commission on November 12, 2021.
| CUSIP No. 687793109 | Page 5 of 18 Pages |
| 1. | Name of Reporting Persons
The Founders Fund V Management, LLC |
| 2. | Check
the Appropriate Box if a Member of a Group (See Instructions) (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
0 |
| 6. | Shared Voting Power
5,744,635 (1) | |
| 7. | Sole Dispositive Power
0 | |
| 8. | Shared Dispositive Power
5,744,635 (1) |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person
5,744,635 (1) |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
|
| 11. | Percent of Class Represented by Amount in Row (9)
3.3% (2) |
| 12. | Type of Reporting Person (See Instructions)
OO |
| (1) | Consists of common stock of the Issuer held by The Founders Fund V, LP, The Founders Fund V Entrepreneurs Fund, LP and The Founders Fund V Principals Fund, LP. The reporting person is the general partner of these partnerships and may be deemed to beneficially own the shares held by such partnerships. |
| (2) | This percentage is based upon 174,400,003 outstanding shares of the Issuer’s Class A Common Stock as of October 29, 2021, as reported in the Issuer’s quarterly report for the quarter ended September 30, 2021, filed with the Securities and Exchange Commission on November 12, 2021. |
| CUSIP No. 687793109 | Page 6 of 18 Pages |
| 1. | Name of Reporting Persons
The Founders Fund VI, LP |
| 2. | Check
the Appropriate Box if a Member of a Group (See Instructions) (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
0 |
| 6. | Shared Voting Power
3,755,954 (1) | |
| 7. | Sole Dispositive Power
0 | |
| 8. | Shared Dispositive Power
3,755,954 (1) |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person
3,755,954 (1) |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
|
| 11. | Percent of Class Represented by Amount in Row (9)
2.2% (2) |
| 12. | Type of Reporting Person (See Instructions)
PN |
| (1) | Consists of Class A Common Stock of the Issuer held by the reporting person. |
| (2) | This percentage is based upon 174,400,003 outstanding shares of the Issuer’s Class A Common Stock as of October 29, 2021, as reported in the Issuer’s quarterly report for the quarter ended September 30, 2021, filed with the Securities and Exchange Commission on November 12, 2021. |
| CUSIP No. 687793109 | Page 7 of 18 Pages |
| 1. | Name of Reporting Persons
The Founders Fund VI Entrepreneurs Fund, LP |
| 2. | Check
the Appropriate Box if a Member of a Group (See Instructions) (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
0 |
| 6. | Shared Voting Power
46,697 (1) | |
| 7. | Sole Dispositive Power
0 | |
| 8. | Shared Dispositive Power
46,697 (1) |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person
46,697 (1) |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
|
| 11. | Percent of Class Represented by Amount in Row (9)
Less than 0.1% (2) |
| 12. | Type of Reporting Person (See Instructions)
PN |
| (1) | Consists of Class A Common Stock of the Issuer held by the reporting person. |
| (2) | This percentage is based upon 174,400,003 outstanding shares of the Issuer’s Class A Common Stock as of October 29, 2021, as reported in the Issuer’s quarterly report for the quarter ended September 30, 2021, filed with the Securities and Exchange Commission on November 12, 2021. |
| CUSIP No. 687793109 | Page 8 of 18 Pages |
| 1. | Name of Reporting Persons
The Founders Fund VI Principals Fund, LP |
| 2. | Check
the Appropriate Box if a Member of a Group (See Instructions) (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
0 |
| 6. | Shared Voting Power
928,720 (1) | |
| 7. | Sole Dispositive Power
0 | |
| 8. | Shared Dispositive Power
928,720 (1) |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person
928,720 (1) |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
|
| 11. | Percent of Class Represented by Amount in Row (9)
0.5% (2) |
| 12. | Type of Reporting Person (See Instructions)
PN |
| (1) | Consists of Class A Common Stock of the Issuer held by the reporting person. |
| (2) | This percentage is based upon 174,400,003 outstanding shares of the Issuer’s Class A Common Stock as of October 29, 2021, as reported in the Issuer’s quarterly report for the quarter ended September 30, 2021, filed with the Securities and Exchange Commission on November 12, 2021. |
| CUSIP No. 687793109 | Page 9 of 18 Pages |
| 1. | Name of Reporting Persons
The Founders Fund VI Management, LLC | ||
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions) (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
0 | |
| 6. | Shared Voting Power
4,731,371 (1) | ||
| 7. | Sole Dispositive Power
0 | ||
| 8. | Shared Dispositive Power
4,731,371 (1) | ||
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person
4,731,371 (1) | ||
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
| ||
| 11. | Percent of Class Represented by Amount in Row (9)
2.7% (2) | ||
| 12. | Type of Reporting Person (See Instructions)
OO | ||
(1) Consists of Class A common stock of the Issuer held by The Founders Fund VI, LP, The Founders Fund VI Entrepreneurs Fund, LP and The Founders Fund VI Principals Fund, LP. The reporting person is the general partner of these partnerships and may be deemed to beneficially own the shares held by such partnerships.
(2) This percentage is based upon 174,400,003 outstanding shares of the Issuer’s Class A Common Stock as of October 29, 2021, as reported in the Issuer’s quarterly report for the quarter ended September 30, 2021, filed with the Securities and Exchange Commission on November 12, 2021.
| CUSIP No. 687793109 | Page 10 of 18 Pages |
| 1. | Name of Reporting Persons
The Founders Fund Growth, LP | ||
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions) (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
0 | |
| 6. | Shared Voting Power
799,525 (1) | ||
| 7. | Sole Dispositive Power
0 | ||
| 8. | Shared Dispositive Power
799,525 (1) | ||
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person
799,525 (1) | ||
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
| ||
| 11. | Percent of Class Represented by Amount in Row (9)
0.5% (2) | ||
| 12. | Type of Reporting Person (See Instructions)
PN | ||
(1) Consists of Class A Common Stock of the Issuer held by the reporting person.
(2) This percentage is based upon 174,400,003 outstanding shares of the Issuer’s Class A Common Stock as of October 29, 2021, as reported in the Issuer’s quarterly report for the quarter ended September 30, 2021, filed with the Securities and Exchange Commission on November 12, 2021.
| CUSIP No. 687793109 | Page 11 of 18 Pages |
| 1. | Name of Reporting Persons
The Founders Fund Growth Principals Fund, LP | ||
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions) (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
0 | |
| 6. | Shared Voting Power
51,567 (1) | ||
| 7. | Sole Dispositive Power
0 | ||
| 8. | Shared Dispositive Power
51,567 (1) | ||
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person
51,567 (1) | ||
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
| ||
| 11. | Percent of Class Represented by Amount in Row (9)
Less than 0.1% (2) | ||
| 12. | Type of Reporting Person (See Instructions)
PN | ||
(1) Consists of Class A Common Stock of the Issuer held by the reporting person.
(2) This percentage is based upon 174,400,003 outstanding shares of the Issuer’s Class A Common Stock as of October 29, 2021, as reported in the Issuer’s quarterly report for the quarter ended September 30, 2021, filed with the Securities and Exchange Commission on November 12, 2021.
| CUSIP No. 687793109 | Page 12 of 18 Pages |
| 1. | Name of Reporting Persons
The Founders Fund Growth Management, LLC | ||
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions) (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
0 | |
| 6. | Shared Voting Power
851,092 (1) | ||
| 7. | Sole Dispositive Power
0 | ||
| 8. | Shared Dispositive Power
851,092 (1) | ||
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person
851,092 (1) | ||
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
| ||
| 11. | Percent of Class Represented by Amount in Row (9)
0.5% (2) | ||
| 12. | Type of Reporting Person (See Instructions)
OO | ||
(1) Consists of Class A Common Stock of the Issuer held by The Founders Fund Growth, LP and The Founders Fund Growth Principals Fund, LP. The reporting person is the general partner of these partnerships and may be deemed to beneficially own the shares held by such partnerships.
(2) This percentage is based upon 174,400,003 outstanding shares of the Issuer’s Class A Common Stock as of October 29, 2021, as reported in the Issuer’s quarterly report for the quarter ended September 30, 2021, filed with the Securities and Exchange Commission on November 12, 2021.
| CUSIP No. 687793109 | Page 13 of 18 Pages |
| 1. | Name of Reporting Persons Peter Thiel |
| 2. | Check the Appropriate Box if a Member of a Group
(See Instructions) (a) ¨ (b) x |
| 3. | SEC USE ONLY |
| 4. | Citizenship or Place of Organization United States |
| Number of Shares Beneficially Owned by Each Reporting Person With: | 5. | Sole Voting Power 0 |
| 6. | Shared Voting Power 11,327,098 (1) | |
| 7. | Sole Dispositive Power 0 | |
| 8. | Shared Dispositive Power 11,327,098 (1) |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person 11,327,098 (1) |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨ |
| 11. | Percent of Class Represented by Amount in Row (9) 6.5% (2) |
| 12. | Type of Reporting Person (See Instructions) IN |
(1) Consists of Class A Common Stock of the Issuer that may be deemed to be beneficially owned by The Founders Fund V Management, LLC, The Founders Fund VI Management, LLC and The Founders Fund Growth Management, LLC. The reporting person is a managing member of each of The Founders Fund V Management, LLC, The Founders Fund VI Management, LLC and The Founders Fund Growth Management, LLC and shares voting and dispositive power over such shares.
(2) This percentage is based upon 174,400,003 outstanding shares of the Issuer’s Class A Common Stock as of October 29, 2021, as reported in the Issuer’s quarterly report for the quarter ended September 30, 2021, filed with the Securities and Exchange Commission on November 12, 2021.
| CUSIP No. 687793109 | Page 14 of 18 Pages |
| 1. | Name of Reporting Persons Brian Singerman |
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions) (a) ¨ (b) x |
| 3. | SEC USE ONLY |
| 4. | Citizenship or Place of Organization United States |
| Number of Shares Beneficially Owned by Each Reporting Person With: | 5. | Sole Voting Power 0 |
| 6. | Shared Voting Power 11,327,098 (1) | |
| 7. | Sole Dispositive Power 0 | |
| 8. | Shared Dispositive Power 11,327,098 (1) |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person 11,327,098 (1) |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨ |
| 11. | Percent of Class Represented by Amount in Row (9) 6.5% (2) |
| 12. | Type of Reporting Person (See Instructions) IN |
(1) Consists of Class A Common Stock of the Issuer that may be deemed to be beneficially owned by The Founders Fund V Management, LLC, The Founders Fund VI Management, LLC and The Founders Fund Growth Management, LLC. The reporting person is a managing member of each of The Founders Fund V Management, LLC, The Founders Fund VI Management, LLC and The Founders Fund Growth Management, LLC and shares voting and dispositive power over such shares.
(2) This percentage is based upon 174,400,003 outstanding shares of the Issuer’s Class A Common Stock as of October 29, 2021, as reported in the Issuer’s quarterly report for the quarter ended September 30, 2021, filed with the Securities and Exchange Commission on November 12, 2021.
| CUSIP No. 687793109 | Page 15 of 18 Pages |
| Item 1(a) | Name of Issuer |
Oscar Health, Inc.
| Item 1(b) | Address of Issuer's Principal Executive Offices |
75 Varick Street, 5th Floor
New York, NY 10013
| Item 2(a) | Name of Person Filing |
This Statement on Schedule 13G has been filed on behalf of the following persons (each, a “Reporting Person” and collectively, the “Reporting Persons”):
| 1. | The Founders Fund V, LP |
| 2. | The Founders Fund V Entrepreneurs Fund, LP |
| 3. | The Founders Fund V Principals Fund, LP |
| 4. | The Founders Fund V Management, LLC |
| 5. | The Founders Fund VI, LP |
| 6. | The Founders Fund VI Entrepreneurs Fund, LP |
| 7. | The Founders Fund VI Principals Fund, LP |
| 8. | The Founders Fund VI Management, LLC |
| 9. | The Founders Fund Growth, LP |
| 10. | The Founders Fund Growth Principals Fund, LP |
| 11. | The Founders Fund Growth Management, LLC |
| 12. | Peter Thiel |
| 13. | Brian Singerman |
| Item 2(b) | Address of Principal Business Office or, if none, Residence |
The address of each of the Reporting Persons is:
| c/o | The Founders Fund | |
| One Letterman Drive Building D, Suite 500 | ||
| San Francisco, California 94129 |
| Item 2(c) | Citizenship |
| 1. | The Founders Fund V, LP is organized in Delaware |
| 2. | The Founders Fund V Entrepreneurs Fund, LP is organized in Delaware |
| 3. | The Founders Fund V Principals Fund, LP is organized in Delaware |
| 4. | The Founders Fund V Management, LLC is organized in Delaware |
| 5. | The Founders Fund VI, LP is organized in Delaware |
| 6. | The Founders Fund VI Entrepreneurs Fund, LP is organized in Delaware |
| 7. | The Founders Fund VI Principals Fund, LP is organized in Delaware |
| 8. | The Founders Fund VI Management, LLC is organized in Delaware |
| 9. | The Founders Fund Growth, LP is organized in Delaware |
| 10. | The Founders Fund Growth Principals Fund, LP is organized in Delaware |
| 11. | The Founders Fund Growth Management, LLC is organized in Delaware |
| 12. | Peter Thiel is a United States citizen |
| 13. | Brian Singerman is a United States citizen |
Item 2(d) Title of Class of Securities
Class A Common Stock, $0.00001 par value per share
| Item 2(e) | CUSIP Number |
687793109
Item 3
Not applicable.
| CUSIP No. 687793109 | Page 16 of 18 Pages |
| Item 4 | Ownership |
Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1
(a) Amount beneficially owned: See Row 9 of pages 2-14
(b) Percent of class: See Row 11 of pages 2-14
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote: See Row 5 of pages 2-14
(ii) Shared power to vote or to direct the vote: See Row 6 of pages 2-14
(iii) Sole power to dispose or to direct the disposition of: See Row 7 of pages 2-14
(iv) Shared power to dispose or to direct the disposition of: See Row 8 of pages 2-14
Item 5 Ownership 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 6 Ownership of More than Five Percent on Behalf of Another Person
Not applicable.
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
The Reporting Persons are filing this Schedule 13G jointly, but not as members of a group, and each expressly disclaims membership in a group.
Item 9 Notice of Dissolution of Group
Not applicable.
| Item 10 | Certification |
Not applicable.
| CUSIP No. 687793109 | Page 17 of 18 Pages |
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: February 14, 2022
| The Founders Fund V, LP | ||
| The Founders Fund V Entrepreneurs Fund, LP | ||
| The Founders Fund V Principals Fund, LP | ||
| By: The Founders Fund V Management, LLC | ||
| Their: General Partner | ||
| By: | /s/ Peter Thiel | |
| Name: | Peter Thiel | |
| Title: | Managing Member | |
| The Founders Fund V Management, LLC | ||
| By: | /s/ Peter Thiel | |
| Name: | Peter Thiel | |
| Title: | Managing Member | |
| The Founders Fund VI, LP | ||
| The Founders Fund VI Entrepreneurs Fund, LP | ||
| The Founders Fund VI Principals Fund, LP | ||
| By: The Founders Fund VI Management, LLC | ||
| Their: General Partner | ||
| By: | /s/ Peter Thiel | |
| Name: | Peter Thiel | |
| Title: | Managing Member | |
| The Founders Fund VI Management, LLC | ||
| By: | /s/ Peter Thiel | |
| Name: | Peter Thiel | |
| Title: | Managing Member | |
| The Founders Fund Growth, LP | ||
| The Founders Fund Growth Principals Fund, LP | ||
| By: The Founders Fund Growth Management, LLC | ||
| Their: General Partner | ||
| By: | /s/ Peter Thiel | |
| Name: | Peter Thiel | |
| Title: | Managing Member | |
| The Founders Fund Growth Management, LLC | ||
| By: | /s/ Peter Thiel | |
| Name: | Peter Thiel | |
| Title: | Managing Member | |
| /s/ Peter Thiel | ||
| Peter Thiel | ||
| /s/Brian Singerman | ||
| Brian Singerman | ||
EXHIBITS
A: Joint Filing Agreement
| CUSIP No. 687793109 | Page 18 of 18 Pages |
EXHIBIT A: JOINT FILING AGREEMENT
In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, the undersigned agree to the joint filing on behalf of each of them of a statement on Schedule 13G (including amendments thereto) with respect to the Class A Common Stock of Oscar Health, Inc. and further agree that this agreement be included as an exhibit to such filing. Each party to the agreement expressly authorizes each other party to file on its behalf any and all amendments to such statement. Each party to this agreement agrees that this joint filing agreement may be signed in counterparts.
In evidence whereof, the undersigned have caused this Agreement to be executed on their behalf this 14th day of February, 2022.
| The Founders Fund V, LP | ||
| The Founders Fund V Entrepreneurs Fund, LP | ||
| The Founders Fund V Principals Fund, LP | ||
| By: The Founders Fund V Management, LLC | ||
| Their: General Partner | ||
| By: | /s/ Peter Thiel | |
| Name: | Peter Thiel | |
| Title: | Managing Member | |
| The Founders Fund V Management, LLC | ||
| By: | /s/ Peter Thiel | |
| Name: | Peter Thiel | |
| Title: | Managing Member | |
| The Founders Fund VI, LP | ||
| The Founders Fund VI Entrepreneurs Fund, LP | ||
| The Founders Fund VI Principals Fund, LP | ||
| By: The Founders Fund VI Management, LLC | ||
| Their: General Partner | ||
| By: | /s/ Peter Thiel | |
| Name: | Peter Thiel | |
| Title: | Managing Member | |
| The Founders Fund VI Management, LLC | ||
| By: | /s/ Peter Thiel | |
| Name: | Peter Thiel | |
| Title: | Managing Member | |
| The Founders Fund Growth, LP | ||
| The Founders Fund Growth Principals Fund, LP | ||
| By: The Founders Fund Growth Management, LLC | ||
| Their: General Partner | ||
| By: | /s/ Peter Thiel | |
| Name: | Peter Thiel | |
| Title: | Managing Member | |
| The Founders Fund Growth Management, LLC | ||
| By: | /s/ Peter Thiel | |
| Name: | Peter Thiel | |
| Title: | Managing Member | |
| /s/ Peter Thiel | ||
| Peter Thiel | ||
| /s/Brian Singerman | ||
| Brian Singerman | ||