Filing Details
- Accession Number:
- 0001104659-22-110021
- Form Type:
- 13D Filing
- Publication Date:
- 2022-10-18 20:00:00
- Filed By:
- Sibling Capital Ventures Llc
- Company:
- Tricida Inc.
- Filing Date:
- 2022-10-19
- 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 |
|---|---|---|---|---|---|---|
| SIBLING CAPITAL VENTURES | 0 | 702,411 | 0 | 702,411 | 702,411 | 1.3% |
| SIBLING CAPITAL VENTURES II | 0 | 2,223,350 | 0 | 2,223,350 | 2,223,350 | 4.0% |
| SIBLING CAPITAL VENTURES III | 0 | 1,575,195 | 0 | 1,575,195 | 1,575,195 | 2.8% |
| SIBLING CAPITAL VENTURES IV | 0 | 599,379 | 0 | 599,379 | 599,379 | 1.1% |
| SIBLING CAPITAL FUND II-A | 702,411 | 0 | 702,411 | 0 | 702,411 | 1.3% |
| SIBLING CAPITAL FUND II-B | 2,223,350 | 0 | 2,223,350 | 0 | 2,223,350 | 4.0% |
| SIBLING CAPITAL FUND II-C | 1,575,195 | 0 | 1,575,195 | 0 | 1,575,195 | 2.8% |
| SIBLING CAPITAL FUND II-D | 599,379 | 0 | 599,379 | 0 | 599,379 | 1.1% |
| SIBLING INSIDERS II | 0 | 463,158 | 0 | 463,158 | 463,158 | 0.8% |
| SIBLING INSIDERS FUND II | 463,158 | 0 | 463,158 | 0 | 463,158 | 0.8% |
| BRIAN M. ISERN | 0 | 5,563,493 | 0 | 5,563,493 | 5,563,493 | 10.0% |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 5)
Tricida, Inc.
(Name of Issuer)
Common Stock, par value $0.001 per share
(Title of Class of Securities)
89610F101
(CUSIP Number)
Sibling Capital Ventures LLC
c/o Brian Isern
2033 6th Ave, Suite 330
Seattle, WA 98121
Tel: (504) 715-8335
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
October 12, 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 Rule 13d-1(e), Rule 13d-1(f) or Rule 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 Rule 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 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).
CUSIP No. 89610F101
| 1 | NAME OF REPORTING PERSONS
SIBLING CAPITAL VENTURES LLC |
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) x
|
| 3 | SEC USE ONLY
|
| 4 | SOURCE OF FUNDS
AF |
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
¨ |
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE, UNITED STATES |
| NUMBER OF UNITS BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER
-0- |
| 8 | SHARED VOTING POWER
702,411 (1) | |
| 9 | SOLE DISPOSITIVE POWER
-0- | |
| 10 | SHARED DISPOSITIVE POWER
702,411 (1) |
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
702,411 (1) |
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN UNITS
¨ |
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.3% (2) |
| 14 | TYPE OF REPORTING PERSON
OO |
| (1) | Sibling Capital Fund II-A L.P. is a direct beneficial owner of 702,411 shares of Common Stock. As the sole general partner of Sibling Capital Fund II-A L.P., Sibling Capital Ventures LLC may be deemed to have shared voting and/or dispositive power with respect to such shares. | |
| (2) | Based on 55,668,880 shares of Common Stock outstanding as of August 4, 2022, as reported in the Issuer’s Form 10-Q filed with the Securities and Exchange Commission on August 8, 2022. | |
CUSIP No. 89610F101
| 1 | NAME OF REPORTING PERSONS
SIBLING CAPITAL VENTURES II LLC |
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) x
|
| 3 | SEC USE ONLY
|
| 4 | SOURCE OF FUNDS
AF |
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
¨ |
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE, UNITED STATES |
| NUMBER OF UNITS BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER
-0- |
| 8 | SHARED VOTING POWER
2,223,350 (1) | |
| 9 | SOLE DISPOSITIVE POWER
-0- | |
| 10 | SHARED DISPOSITIVE POWER
2,223,350 (1) |
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,223,350 (1) |
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN UNITS
¨ |
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.0% (2) |
| 14 | TYPE OF REPORTING PERSON
OO |
| (1) | Sibling Capital Fund II-B L.P. is a direct beneficial owner of 2,223,350 shares of Common Stock. As the sole general partner of Sibling Capital Fund II-B L.P., Sibling Capital Ventures II LLC may be deemed to have shared voting and/or dispositive power with respect to such shares. | |
| (2) | Based on 55,668,880 shares of Common Stock outstanding as of August 4, 2022, as reported in the Issuer’s Form 10-Q filed with the Securities and Exchange Commission on August 8, 2022. | |
CUSIP No. 89610F101
| 1 | NAME OF REPORTING PERSONS
SIBLING CAPITAL VENTURES III LLC |
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) x
|
| 3 | SEC USE ONLY
|
| 4 | SOURCE OF FUNDS
AF |
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
¨ |
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE, UNITED STATES |
| NUMBER OF UNITS BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER
-0- |
| 8 | SHARED VOTING POWER
1,575,195 (1) | |
| 9 | SOLE DISPOSITIVE POWER
-0- | |
| 10 | SHARED DISPOSITIVE POWER
1,575,195 (1) |
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,575,195 (1) |
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN UNITS
¨ |
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.8% (2) |
| 14 | TYPE OF REPORTING PERSON
OO |
| (1) | Sibling Capital Fund II-C L.P. is a direct beneficial owner of 1,575,195 shares of Common Stock. As the sole general partner of Sibling Capital Fund II-C L.P., Sibling Capital Ventures III LLC may be deemed to have shared voting and/or dispositive power with respect to such shares. | |
| (2) | Based on 55,668,880 shares of Common Stock outstanding as of August 4, 2022, as reported in the Issuer’s Form 10-Q filed with the Securities and Exchange Commission on August 8, 2022. | |
CUSIP No. 89610F101
| 1 | NAME OF REPORTING PERSONS
SIBLING CAPITAL VENTURES IV LLC |
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) x
|
| 3 | SEC USE ONLY
|
| 4 | SOURCE OF FUNDS
AF |
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
¨ |
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE, UNITED STATES |
| NUMBER OF UNITS BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER
-0- |
| 8 | SHARED VOTING POWER
599,379 (1) | |
| 9 | SOLE DISPOSITIVE POWER
-0- | |
| 10 | SHARED DISPOSITIVE POWER
599,379 (1) |
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
599,379 (1) |
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN UNITS
¨ |
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.1% (2) |
| 14 | TYPE OF REPORTING PERSON
OO |
| (1) | Sibling Capital Fund II-D L.P. is a direct beneficial owner of 599,379 shares of Common Stock. As the sole general partner of Sibling Capital Fund II-D L.P., Sibling Capital Ventures IV LLC may be deemed to have shared voting and/or dispositive power with respect to such shares. | |
| (2) | Based on 55,668,880 shares of Common Stock outstanding as of August 4, 2022, as reported in the Issuer’s Form 10-Q filed with the Securities and Exchange Commission on August 8, 2022. | |
CUSIP No. 89610F101
| 1 | NAME OF REPORTING PERSONS
SIBLING CAPITAL FUND II-A L.P. |
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) x
|
| 3 | SEC USE ONLY
|
| 4 | SOURCE OF FUNDS
WC |
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
¨ |
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE, UNITED STATES |
| NUMBER OF UNITS BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER
702,411 |
| 8 | SHARED VOTING POWER
-0- | |
| 9 | SOLE DISPOSITIVE POWER
702,411 | |
| 10 | SHARED DISPOSITIVE POWER
-0- |
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
702,411 |
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN UNITS
¨ |
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.3% (1) |
| 14 | TYPE OF REPORTING PERSON
PN |
| (1) | Based on 55,668,880 shares of Common Stock outstanding as of August 4, 2022, as reported in the Issuer’s Form 10-Q filed with the Securities and Exchange Commission on August 8, 2022. |
CUSIP No. 89610F101
| 1 | NAME OF REPORTING PERSONS
SIBLING CAPITAL FUND II-B L.P. |
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) x
|
| 3 | SEC USE ONLY
|
| 4 | SOURCE OF FUNDS
WC |
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
¨ |
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE, UNITED STATES |
| NUMBER OF UNITS BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER
2,223,350 |
| 8 | SHARED VOTING POWER
-0- | |
| 9 | SOLE DISPOSITIVE POWER
2,223,350 | |
| 10 | SHARED DISPOSITIVE POWER
-0- |
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,223,350 |
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN UNITS
¨ |
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.0% (1) |
| 14 | TYPE OF REPORTING PERSON
PN |
| (1) | Based on 55,668,880 shares of Common Stock outstanding as of August 4, 2022, as reported in the Issuer’s Form 10-Q filed with the Securities and Exchange Commission on August 8, 2022. |
CUSIP No. 89610F101
| 1 | NAME OF REPORTING PERSONS
SIBLING CAPITAL FUND II-C L.P. |
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) x
|
| 3 | SEC USE ONLY
|
| 4 | SOURCE OF FUNDS
WC |
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
¨ |
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE, UNITED STATES |
| NUMBER OF UNITS BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER
1,575,195 |
| 8 | SHARED VOTING POWER
-0- | |
| 9 | SOLE DISPOSITIVE POWER
1,575,195 | |
| 10 | SHARED DISPOSITIVE POWER
-0- |
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,575,195 |
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN UNITS
¨ |
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.8% (1) |
| 14 | TYPE OF REPORTING PERSON
PN |
| (1) | Based on 55,668,880 shares of Common Stock outstanding as of August 4, 2022, as reported in the Issuer’s Form 10-Q filed with the Securities and Exchange Commission on August 8, 2022. |
CUSIP No. 89610F101
| 1 | NAME OF REPORTING PERSONS
SIBLING CAPITAL FUND II-D L.P. |
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) x
|
| 3 | SEC USE ONLY
|
| 4 | SOURCE OF FUNDS
WC |
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
¨ |
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE, UNITED STATES |
| NUMBER OF UNITS BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER
599,379 |
| 8 | SHARED VOTING POWER
-0- | |
| 9 | SOLE DISPOSITIVE POWER
599,379 | |
| 10 | SHARED DISPOSITIVE POWER
-0- |
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
599,379 |
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN UNITS
¨ |
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.1% (1) |
| 14 | TYPE OF REPORTING PERSON
PN |
| (1) | Based on 55,668,880 shares of Common Stock outstanding as of August 4, 2022, as reported in the Issuer’s Form 10-Q filed with the Securities and Exchange Commission on August 8, 2022. |
CUSIP No. 89610F101
| 1 | NAME OF REPORTING PERSONS
SIBLING INSIDERS II LLC |
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) x
|
| 3 | SEC USE ONLY
|
| 4 | SOURCE OF FUNDS
AF |
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
¨ |
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE, UNITED STATES |
| NUMBER OF UNITS BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER
-0- |
| 8 | SHARED VOTING POWER
463,158 (1) | |
| 9 | SOLE DISPOSITIVE POWER
-0- | |
| 10 | SHARED DISPOSITIVE POWER
463,158 (1) |
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
463,158 (1) |
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN UNITS
¨ |
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.8% (2) |
| 14 | TYPE OF REPORTING PERSON
OO |
| (1) | Sibling Insiders Fund II L.P. is a direct beneficial owner of 463,158 shares of Common Stock. As the sole general partner of Sibling Insiders Fund II L.P., Sibling Insiders II LLC may be deemed to have shared voting and/or dispositive power with respect to such shares. | |
| (2) | Based on 55,668,880 shares of Common Stock outstanding as of August 4, 2022, as reported in the Issuer’s Form 10-Q filed with the Securities and Exchange Commission on August 8, 2022. | |
CUSIP No. 89610F101
| 1 | NAME OF REPORTING PERSONS
SIBLING INSIDERS FUND II L.P. |
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) x
|
| 3 | SEC USE ONLY
|
| 4 | SOURCE OF FUNDS
WC |
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
¨ |
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE, UNITED STATES |
| NUMBER OF UNITS BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER
463,158 |
| 8 | SHARED VOTING POWER
-0- | |
| 9 | SOLE DISPOSITIVE POWER
463,158 | |
| 10 | SHARED DISPOSITIVE POWER
-0- |
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
463,158 |
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN UNITS
¨ |
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.8% (1) |
| 14 | TYPE OF REPORTING PERSON
PN |
| (1) | Based on 55,668,880 shares of Common Stock outstanding as of August 4, 2022, as reported in the Issuer’s Form 10-Q filed with the Securities and Exchange Commission on August 8, 2022. |
CUSIP No. 89610F101
| 1 | NAME OF REPORTING PERSONS
BRIAN M. ISERN |
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) x
|
| 3 | SEC USE ONLY
|
| 4 | SOURCE OF FUNDS
AF |
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
¨ |
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION
UNITED STATES |
| NUMBER OF UNITS BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER
-0- |
| 8 | SHARED VOTING POWER
5,563,493 (1) | |
| 9 | SOLE DISPOSITIVE POWER
-0- | |
| 10 | SHARED DISPOSITIVE POWER
5,563,493 (1) |
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,563,493 (1) |
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN UNITS
¨ |
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
10.0% (2) |
| 14 | TYPE OF REPORTING PERSON
IN |
| (1) | As sole manager of Sibling Capital Ventures LLC, Sibling Capital Ventures II LLC, Sibling Capital Ventures III LLC, Sibling Capital Ventures IV LLC and Sibling Insiders II LLC, Brian M. Isern may be deemed to have shared voting and/or dispositive power with respect to shares held by Sibling Capital Fund II-A L.P., Sibling Capital Fund II-B L.P., Sibling Capital Fund II-C L.P., Sibling Capital Fund II-D L.P. and Sibling Insiders Fund II L.P. | |
| (2) | Based on 55,668,880 shares of Common Stock outstanding as of August 4, 2022, as reported in the Issuer’s Form 10-Q filed with the Securities and Exchange Commission on August 8, 2022. | |
| Explanatory Note |
This Amendment No. 5 hereby amends the Schedule 13D first filed by the Reporting Persons (as defined below) on July 12, 2018, as amended by Amendment No. 1 to the Schedule 13D filed on April 11, 2019, Amendment No. 2 to the Schedule 13D filed on November 27, 2019, Amendment No. 3 to the Schedule 13D filed on November 23, 2021, and Amendment No. 4 to the Schedule 13D filed on March 24, 2022 (as amended, the “Statement”). The securities to which the Statement relates are the shares of common stock, par value $0.001 per share (the “Common Stock”), of Tricida, Inc., a Delaware corporation (the “Issuer”). Except as otherwise provided herein, each Item of the Schedule 13D remains unchanged. Capitalized terms used herein but not defined in this Amendment No. 5 shall have the meaning ascribed to such term in the Schedule 13D.
| Item 2. | IDENTITY AND BACKGROUND |
(a)
This Amendment No. 5 is being filed jointly by:
| (i) | Sibling Capital Ventures LLC, a Delaware limited liability company (“SCV”) | |
| (ii) | Sibling Capital Ventures II LLC, a Delaware limited liability company (“SCV II”) | |
| (iii) | Sibling Capital Ventures III LLC, a Delaware limited liability company (“SCV III”) | |
| (iv) | Sibling Capital Ventures IV LLC, a Delaware limited liability company (“SCV IV”) | |
| (v) | Sibling Capital Fund II-A L.P., a Delaware limited partnership (“Sibling A”) | |
| (vi) | Sibling Capital Fund II-B L.P., a Delaware limited partnership (“Sibling B”) | |
| (vii) | Sibling Capital Fund II-C L.P., a Delaware limited partnership (“Sibling C”) | |
| (viii) | Sibling Capital Fund II-D L.P., a Delaware limited partnership (“Sibling D”) | |
| (ix) | Sibling Insiders II LLC, a Delaware limited liability company (“Sibling Insiders LLC”) | |
| (x) | Sibling Insiders Fund II L.P., a Delaware limited partnership (“Sibling Insiders Fund”) | |
| (xi) | Brian M. Isern, a United States citizen (“Mr. Isern”) |
The General Partners, the Funds and Mr. Isern are collectively referred to herein as the “Reporting Persons” and individually as a “Reporting Person.”
The Reporting Persons, may be deemed part of a group within the meaning of Section 13(d) of the Act. Accordingly, such group may be deemed to collectively beneficially own 5,563,493 shares of Common Stock, representing approximately 9.99% of the Common Stock outstanding as of August 4, 2022. The filing of this Amendment No. 5 shall not be construed as an admission that the Reporting Persons are part of a group within the meaning of Section 13(d) of the Act.
(b)
The principal business address of each Reporting Person is 2033 6th Ave, Suite 330, Seattle, WA 98121.
| Item 5. | INTEREST IN SECURITIES OF THE ISSUER |
(a) - (b)
The aggregate number and percentage of Common Stock beneficially owned by the Reporting Persons are as follows:
| Sibling Capital Ventures LLC | |||||
| Amount beneficially owned: | 702,411 | (1) | |||
| Percent of class: | 1.3 | % | (7) | ||
| Number of shares as to which the person has: | |||||
| Sole power to vote or direct the vote: | 0 | ||||
| Shared power to vote or direct the vote: | 702,411 | (1) | |||
| Sole power to dispose or direct the disposition of: | 0 | ||||
| Shared power to dispose or direct the disposition of: | 702,411 | (1) | |||
| Sibling Capital Ventures II LLC | |||||
| Amount beneficially owned: | 2,223,350 | (2) | |||
| Percent of class: | 4.0 | % | (7) | ||
| Number of shares as to which the person has: | |||||
| Sole power to vote or direct the vote: | 0 | ||||
| Shared power to vote or direct the vote: | 2,223,350 | (2) | |||
| Sole power to dispose or direct the disposition of: | 0 | ||||
| Shared power to dispose or direct the disposition of: | 2,223,350 | (2) | |||
| Sibling Capital Ventures III LLC | |||||
| Amount beneficially owned: | 1,575,195 | (3) | |||
| Percent of class: | 2.8 | % | (7) | ||
| Number of shares as to which the person has: | |||||
| Sole power to vote or direct the vote: | 0 | ||||
| Shared power to vote or direct the vote: | 1,575,195 | (3) | |||
| Sole power to dispose or direct the disposition of: | 0 | ||||
| Shared power to dispose or direct the disposition of: | 1,575,195 | (3) | |||
| Sibling Capital Ventures IV LLC | |||||
| Amount beneficially owned: | 599,379 | (4) | |||
| Percent of class: | 1.1 | % | (7) | ||
| Number of shares as to which the person has: | |||||
| Sole power to vote or direct the vote: | 0 | ||||
| Shared power to vote or direct the vote: | 599,379 | (4) | |||
| Sole power to dispose or direct the disposition of: | 0 | ||||
| Shared power to dispose or direct the disposition of: | 599,379 | (4) | |||
| Sibling Capital Fund II-A L.P. | |||||
| Amount beneficially owned: | 702,411 | ||||
| Percent of class: | 1.3 | % | (7) | ||
| Number of shares as to which the person has: | |||||
| Sole power to vote or direct the vote: | 702,411 | ||||
| Shared power to vote or direct the vote: | 0 | ||||
| Sole power to dispose or direct the disposition of: | 702,411 | ||||
| Shared power to dispose or direct the disposition of: | 0 | ||||
| Sibling Capital Fund II-B L.P. | |||||
| Amount beneficially owned: | 2,223,350 | ||||
| Percent of class: | 4.0 | % | (7) | ||
| Number of shares as to which the person has: | |||||
| Sole power to vote or direct the vote: | 2,223,350 | ||||
| Shared power to vote or direct the vote: | 0 | ||||
| Sole power to dispose or direct the disposition of: | 2,223,350 | ||||
| Shared power to dispose or direct the disposition of: | 0 |
| Sibling Capital Fund II-C L.P. | |||||
| Amount beneficially owned: | 1,575,195 | ||||
| Percent of class: | 2.8 | % | (7) | ||
| Number of shares as to which the person has: | |||||
| Sole power to vote or direct the vote: | 1,575,195 | ||||
| Shared power to vote or direct the vote: | 0 | ||||
| Sole power to dispose or direct the disposition of: | 1,575,195 | ||||
| Shared power to dispose or direct the disposition of: | 0 | ||||
| Sibling Capital Fund II-D L.P. | |||||
| Amount beneficially owned: | 599,379 | ||||
| Percent of class: | 1.1 | % | (7) | ||
| Number of shares as to which the person has: | |||||
| Sole power to vote or direct the vote: | 599,379 | ||||
| Shared power to vote or direct the vote: | 0 | ||||
| Sole power to dispose or direct the disposition of: | 599,379 | ||||
| Shared power to dispose or direct the disposition of: | 0 | ||||
| Sibling Insiders II LLC | |||||
| Amount beneficially owned: | 463,158 | (5) | |||
| Percent of class: | 0.8 | % | (7) | ||
| Number of shares as to which the person has: | |||||
| Sole power to vote or direct the vote: | 0 | ||||
| Shared power to vote or direct the vote: | 463,158 | (5) | |||
| Sole power to dispose or direct the disposition of: | 0 | ||||
| Shared power to dispose or direct the disposition of: | 463,158 | (5) | |||
| Sibling Insiders Fund II L.P. | |||||
| Amount beneficially owned: | 463,158 | ||||
| Percent of class: | 0.8 | % | (7) | ||
| Number of shares as to which the person has: | |||||
| Sole power to vote or direct the vote: | 463,158 | ||||
| Shared power to vote or direct the vote: | 0 | ||||
| Sole power to dispose or direct the disposition of: | 463,158 | ||||
| Shared power to dispose or direct the disposition of: | 0 | ||||
| Brian M. Isern | |||||
| Amount beneficially owned: | 5,563,493 | (6) | |||
| Percent of class: | 10.0 | % | (7) | ||
| Number of shares as to which the person has: | |||||
| Sole power to vote or direct the vote: | 0 | ||||
| Shared power to vote or direct the vote: | 5,563,493 | (6) | |||
| Sole power to dispose or direct the disposition of: | 0 | ||||
| Shared power to dispose or direct the disposition of: | 5,563,493 | (6) |
| (1) | Sibling A is a direct beneficial owner of 702,411 shares of Common Stock. As the sole general partner of Sibling A, SCV may be deemed to have shared voting and/or dispositive power with respect to such shares. | |
| (2) | Sibling B is a direct beneficial owner of 2,223,350 shares of Common Stock. As the sole general partner of Sibling B, SCV II may be deemed to have shared voting and/or dispositive power with respect to such shares. | |
| (3) | Sibling C is a direct beneficial owner of 1,575,195 shares of Common Stock. As the sole general partner of Sibling C, SCV III may be deemed to have shared voting and/or dispositive power with respect to such shares. | |
| (4) | Sibling D is a direct beneficial owner of 599,379 shares of Common Stock. As the sole general partner of Sibling D, SCV IV may be deemed to have shared voting and/or dispositive power with respect to such shares. |
| (5) | Sibling Insiders Fund is a direct beneficial owner of 463,158 shares of Common Stock. As the sole general partner of Sibling Insiders Fund, Sibling Insiders LLC may be deemed to have shared voting and/or dispositive power with respect to such shares. | |
| (6) | As sole manager of SCV, SCV II, SCV III, SCV IV and Sibling Insiders LLC, Mr. Isern may be deemed to have shared voting and/or dispositive power with respect to shares held by Sibling A, Sibling B, Sibling C, Sibling D and Sibling Insiders Fund. | |
| (7) | Based on 55,668,880 shares of Common Stock outstanding as of August 4, 2022, as reported in the Issuer’s Form 10-Q filed with the Securities and Exchange Commission on August 8, 2022. |
(c)
Annex A hereof sets forth the transactions by the Reporting Persons in the securities of the Issuer from the 60 days prior to the date of the event which requires the filing of this Amendment No. 5 and through and including the date hereof. Except as otherwise disclosed on Annex A, none of the Reporting Persons, nor, to the best of the Reporting Persons’ knowledge, any of their respective executive officers or directors, as applicable, has acquired or disposed of, any securities of the Issuer from the 60 days prior to the date of the event which requires the filing of this Amendment No. 5 and through and including the date hereof.
| Item 6. | CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER |
Exhibit A of the Statement is replaced with the Amended and Restated Joint Filing Agreement, dated October 19, 2022, by and among the Reporting Persons, filed with this Amendment No. 5.
| Item 7. | MATERIAL TO BE FILED AS EXHIBITS |
| Exhibit A: | Amended and Restated Joint Filing Agreement |
SIGNATURES
After reasonable inquiry and to the best of his or its knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.
Date: October 19, 2022
| SIBLING CAPITAL VENTURES LLC | ||
| By: | /s/ Brian M. Isern | |
| Brian M. Isern | ||
| President | ||
| SIBLING CAPITAL VENTURES II LLC | ||
| By: | /s/ Brian M. Isern | |
| Brian M. Isern | ||
| President | ||
| SIBLING CAPITAL VENTURES III LLC | ||
| By: | /s/ Brian M. Isern | |
| Brian M. Isern | ||
| President | ||
| SIBLING CAPITAL VENTURES IV LLC | ||
| By: | /s/ Brian M. Isern | |
| Brian M. Isern | ||
| President | ||
| /s/ Brian M. Isern | ||
| Brian M. Isern, in his individual capacity | ||
| SIBLING CAPITAL FUND II-A L.P. | ||
| By: | Sibling Capital Ventures LLC, its general partner | |
| By: | /s/ Brian M. Isern | |
| Brian M. Isern | ||
| President | ||
| SIBLING CAPITAL FUND II-B L.P. | ||
| By: Sibling Capital Ventures II LLC, its general partner | ||
| By: | /s/ Brian M. Isern | |
| Brian M. Isern | ||
| President | ||
| SIBLING CAPITAL FUND II-C L.P. | ||
| By: Sibling Capital Ventures III LLC, its general partner | ||
| By: | /s/ Brian M. Isern | |
| Brian M. Isern | ||
| President | ||
| SIBLING CAPITAL FUND II-D L.P. | ||
| By: Sibling Capital Ventures IV LLC, its general partner | ||
| By: | /s/ Brian M. Isern | |
| Brian M. Isern | ||
| President | ||
| SIBLING INSIDERS II LLC | ||
| By: | /s/ Brian M. Isern | |
| Brian M. Isern | ||
| President | ||
| SIBLING INSIDERS FUND II L.P. | ||
| By: Sibling Insiders II LLC, its general partner | ||
| By: | /s/ Brian M. Isern | |
| Brian M. Isern | ||
| President | ||
Annex A
Schedule of Transactions
Reporting Person | Transaction Date | Title of Security | Amount Sold | Price | Transaction Type | |||||||
| Sibling Capital Fund II-A L.P. (1) | 8/15/2022 | Common Stock | 5,601 | (4) | Open Market Sale | |||||||
| Sibling Capital Fund II-B L.P. (2) | 8/15/2022 | Common Stock | 19,416 | (4) | Open Market Sale | |||||||
| Sibling Capital Fund II-C L.P. (3) | 8/15/2022 | Common Stock | 12,322 | (4) | Open Market Sale | |||||||
| Sibling Capital Fund II-A L.P. (1) | 8/16/2022 | Common Stock | 4,920 | (5) | Open Market Sale | |||||||
| Sibling Capital Fund II-B L.P. (2) | 8/16/2022 | Common Stock | 17,056 | (5) | Open Market Sale | |||||||
| Sibling Capital Fund II-C L.P. (3) | 8/16/2022 | Common Stock | 10,824 | (5) | Open Market Sale | |||||||
| Sibling Capital Fund II-A L.P. (1) | 9/30/2022 | Common Stock | 14,995 | (6) | Open Market Sale | |||||||
| Sibling Capital Fund II-B L.P. (2) | 9/30/2022 | Common Stock | 51,984 | (6) | Open Market Sale | |||||||
| Sibling Capital Fund II-C L.P. (3) | 9/30/2022 | Common Stock | 32,989 | (6) | Open Market Sale | |||||||
| Sibling Capital Fund II-A L.P. (1) | 10/3/2022 | Common Stock | 10,349 | (7) | Open Market Sale | |||||||
| Sibling Capital Fund II-B L.P. (2) | 10/3/2022 | Common Stock | 35,877 | (7) | Open Market Sale | |||||||
| Sibling Capital Fund II-C L.P. (3) | 10/3/2022 | Common Stock | 22,768 | (7) | Open Market Sale | |||||||
| Sibling Capital Fund II-B L.P. (2) | 10/11/2022 | Common Stock | 95,366 | (8) | Open Market Sale | |||||||
| Sibling Capital Fund II-C L.P. (3) | 10/11/2022 | Common Stock | 23,019 | (8) | Open Market Sale | |||||||
| Sibling Capital Fund II-B L.P. (2) | 10/12/2022 | Common Stock | 171,006 | (9) | Open Market Sale | |||||||
| Sibling Capital Fund II-C L.P. (3) | 10/12/2022 | Common Stock | 41,277 | (9) | Open Market Sale | |||||||
| Sibling Capital Fund II-B L.P. (2) | 10/13/2022 | Common Stock | 23,628 | (10) | Open Market Sale | |||||||
| Sibling Capital Fund II-C L.P. (3) | 10/13/2022 | Common Stock | 5,704 | (10) | Open Market Sale | |||||||
(1) The shares were sold by Sibling Capital Fund II-A L.P. (“Sibling A”). Sibling Capital Ventures LLC (“SCV”) is the sole general partner of Sibling A. As sole manager of SCV, Brian M. Isern may be deemed to be an indirect beneficial owner of such shares.
(2) The shares were sold by Sibling Capital Fund II-B L.P. (“Sibling B”). Sibling Capital Ventures II LLC (“SCV II”) is the sole general partner of Sibling B. As sole manager of SCV II, Brian M. Isern may be deemed to be an indirect beneficial owner of such shares.
(3) The shares were sold by Sibling Capital Fund II-C L.P. (“Sibling C”). Sibling Capital Ventures III LLC (“SCV III”) is the sole general partner of Sibling C. As sole manager of SCV III, Brian M. Isern may be deemed to be an indirect beneficial owner of such shares.
(4) These shares were sold in multiple transactions at prices ranging from $13.15 to $13.75, inclusive.
(5) These shares were sold in multiple transactions at prices ranging from $13.44 to $13.74, inclusive.
(6) These shares were sold in multiple transactions at prices ranging from $10.40 to $11.01, inclusive.
(7) These shares were sold in multiple transactions at prices ranging from $10.61 to $11.52, inclusive.
(8) These shares were sold in multiple transactions at prices ranging from $11.65 to $12.38, inclusive.
(9) These shares were sold in multiple transactions at prices ranging from $12.18 to $13.06, inclusive.
(10) These shares were sold in multiple transactions at prices ranging from $11.55 to $12.20, inclusive.
Exhibit A
AMENDED AND RESTATED JOINT FILING AGREEMENT PURSUANT TO RULE 13d-1(k)
In accordance with Rule 13d-1(k)(1)(iii) under the Securities Exchange Act of 1934, as amended, the persons named below (the “Parties”) agree to the joint filing on behalf of each of them of a Statement on Schedule 13D, Amendment No. 5, dated October 19, 2022 (and including any further amendments thereto, the “Statement”), with respect to the common stock, par value $0.001 per share, of Tricida, Inc., a Delaware corporation. This Amended and Restated Joint Filing Agreement shall be filed as an Exhibit to the Statement filed by the Parties.
| SIBLING CAPITAL VENTURES LLC | ||
| By: | /s/ Brian M. Isern | |
| Brian M. Isern | ||
| President | ||
| SIBLING CAPITAL VENTURES II LLC | ||
| By: | /s/ Brian M. Isern | |
| Brian M. Isern | ||
| President | ||
| SIBLING CAPITAL VENTURES III LLC | ||
| By: | /s/ Brian M. Isern | |
| Brian M. Isern | ||
| President | ||
| SIBLING CAPITAL VENTURES IV LLC | ||
| By: | /s/ Brian M. Isern | |
| Brian M. Isern | ||
| President | ||
| /s/ Brian M. Isern | ||
| Brian M. Isern, in his individual capacity | ||
| SIBLING CAPITAL FUND II-A L.P. | ||
| By: | Sibling Capital Ventures LLC, its general partner | |
| By: | /s/ Brian M. Isern | |
| Brian M. Isern | ||
| President | ||
| SIBLING CAPITAL FUND II-B L.P. | ||
| By: Sibling Capital Ventures II LLC, its general partner | ||
| By: | /s/ Brian M. Isern | |
| Brian M. Isern | ||
| President | ||
| SIBLING CAPITAL FUND II-C L.P. | ||
| By: Sibling Capital Ventures III LLC, its general partner | ||
| By: | /s/ Brian M. Isern | |
| Brian M. Isern | ||
| President | ||
| SIBLING CAPITAL FUND II-D L.P. | ||
| By: Sibling Capital Ventures IV LLC, its general partner | ||
| By: | /s/ Brian M. Isern | |
| Brian M. Isern | ||
| President | ||
| SIBLING INSIDERS II LLC | ||
| By: | /s/ Brian M. Isern | |
| Brian M. Isern | ||
| President | ||
| SIBLING INSIDERS FUND II L.P. | ||
| By: Sibling Insiders II LLC, its general partner | ||
| By: | /s/ Brian M. Isern | |
| Brian M. Isern | ||
| President | ||