Filing Details

Accession Number:
0001193125-23-225037
Form Type:
13D Filing
Publication Date:
2023-08-29 20:00:00
Filed By:
Ew Healthcare Partners, L.p.
Company:
Eyepoint Pharmaceuticals Inc. (NASDAQ:EYPT)
Filing Date:
2023-08-30
SEC Url:
13D Filing
Filing

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 3)*

 

 

EyePoint Pharmaceuticals, Inc.

(Name of Issuer)

Common Stock, par value $0.001 per share

(Title of Class of Securities)

30233G100

(CUSIP Number)

Ronald W. Eastman

EW Healthcare Partners L.P.

21 Waterway Avenue, Suite 225

The Woodlands, Texas 77380

(281) 364-1555

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

March 28, 2019**

(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 (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).

 

**

This constitutes a late filing due to inadvertent administrative error. See Item 5.

 

 

 


   SCHEDULE 13D   
CUSIP No. 30233G100       Page 2 of 16 Pages

 

  1    

  NAMEOFREPORTINGPERSON

  S.S. ORI.R.S. IDENTIFICATION NO. OFABOVEPERSON

 

  EW Healthcare Partners L.P.

  2  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☒

 

  3  

  SEC USE ONLY

 

  4  

  SOURCE OF FUNDS

 

  WC

  5  

  CHECKBOXIFDISCLOSUREOFLEGALPROCEEDINGS IS REQUIRED PURSUANT TOITEMS 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

 

  3,509,220 (1)

     8  

  SHARED VOTING POWER

 

  -0-

     9  

  SOLE DISPOSITIVE POWER

 

  3,509,220 (1)

   10  

  SHARED DISPOSITIVE POWER

 

  -0-

11    

  AGGREGATEAMOUNTBENEFICIALLYOWNED BY EACHREPORTINGPERSON

 

  3,509,220 (1)

12  

  CHECKBOXIFTHEAGGREGATEAMOUNTIN ROW (11)EXCLUDESCERTAINSHARES

 

  ☐

13  

  PERCENTOFCLASS REPRESENTED BY AMOUNTINROW(11)

 

  10.0%

14  

  TYPEOFREPORTINGPERSON

 

  PN

 

(1)

See Item 5.


          
CUSIP No. 30233G100       Page 3 of 16 Pages

 

  1    

  NAMEOFREPORTINGPERSON

  S.S. ORI.R.S. IDENTIFICATION NO. OFABOVEPERSON

 

  EW Healthcare Partners-A L.P.

  2  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☒

 

  3  

  SEC USE ONLY

 

  4  

  SOURCE OF FUNDS

 

  WC

  5  

  CHECKBOXIFDISCLOSUREOFLEGALPROCEEDINGS IS REQUIRED PURSUANT TOITEMS 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

 

  141,172 (1)

     8  

  SHARED VOTING POWER

 

  -0-

     9  

  SOLE DISPOSITIVE POWER

 

  141,172 (1)

   10  

  SHARED DISPOSITIVE POWER

 

  -0-

11    

  AGGREGATEAMOUNTBENEFICIALLYOWNED BY EACHREPORTINGPERSON

 

  141,172 (1)

12  

  CHECKBOXIFTHEAGGREGATEAMOUNTIN ROW (11)EXCLUDESCERTAINSHARES

 

  ☐

13  

  PERCENTOFCLASS REPRESENTED BY AMOUNTINROW(11)

 

  0.4%

14  

  TYPEOFREPORTINGPERSON

 

  PN

 

(1)

See Item 5.


          
CUSIP No. 30233G100       Page 4 of 16 Pages

 

  1    

  NAMEOFREPORTINGPERSON

  S.S. ORI.R.S. IDENTIFICATION NO. OFABOVEPERSON

 

  Essex Woodlands Fund IX-GP, L.P.

  2  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☒

 

  3  

  SEC USE ONLY

 

  4  

  SOURCE OF FUNDS

 

  OO

  5  

  CHECKBOXIFDISCLOSUREOFLEGALPROCEEDINGS IS REQUIRED PURSUANT TOITEMS 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

 

  3,650,392 (1)

     8  

  SHARED VOTING POWER

 

  -0-

     9  

  SOLE DISPOSITIVE POWER

 

  3,650,392 (1)

   10  

  SHARED DISPOSITIVE POWER

 

  -0-

11    

  AGGREGATEAMOUNTBENEFICIALLYOWNED BY EACHREPORTINGPERSON

 

  3,650,392 (1)

12  

  CHECKBOXIFTHEAGGREGATEAMOUNTIN ROW (11)EXCLUDESCERTAINSHARES

 

  ☐

13  

  PERCENTOFCLASS REPRESENTED BY AMOUNTINROW(11)

 

  10.4%

14  

  TYPEOFREPORTINGPERSON

 

  PN

 

(1)

See Item 5.


          
CUSIP No. 30233G100       Page 5 of 16 Pages

 

  1    

  NAMEOFREPORTINGPERSON

  S.S. ORI.R.S. IDENTIFICATION NO. OFABOVEPERSON

 

  Essex Woodlands IX, LLC

  2  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☒

 

  3  

  SEC USE ONLY

 

  4  

  SOURCE OF FUNDS

 

  OO

  5  

  CHECKBOXIFDISCLOSUREOFLEGALPROCEEDINGS IS REQUIRED PURSUANT TOITEMS 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

 

  3,650,392 (1)

     8   

  SHARED VOTING POWER

 

  -0-

     9   

  SOLE DISPOSITIVE POWER

 

  3,650,392 (1)

   10   

  SHARED DISPOSITIVE POWER

 

  -0-

11    

  AGGREGATEAMOUNTBENEFICIALLYOWNED BY EACHREPORTINGPERSON

 

  3,650,392 (1)

12  

  CHECKBOXIFTHEAGGREGATEAMOUNTIN ROW (11)EXCLUDESCERTAINSHARES

 

  ☐

13  

  PERCENTOFCLASS REPRESENTED BY AMOUNTINROW(11)

 

  10.4%

14  

  TYPEOFREPORTINGPERSON

 

  OO

 

(1)

See Item 5.


          
CUSIP No. 30233G100       Page 6 of 16 Pages

 

  1    

  NAMEOFREPORTINGPERSON

  S.S. ORI.R.S. IDENTIFICATION NO. OFABOVEPERSON

 

  Martin P. Sutter

  2  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☒

 

  3  

  SEC USE ONLY

 

  4  

  SOURCE OF FUNDS

 

  OO

  5  

  CHECKBOXIFDISCLOSUREOFLEGALPROCEEDINGS IS REQUIRED PURSUANT TOITEMS 2(d) OR 2(e)

 

  ☐

  6  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  United States

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     7     

  SOLE VOTING POWER

 

  -0-

     8   

  SHARED VOTING POWER

 

  3,650,392 (1)

     9   

  SOLE DISPOSITIVE POWER

 

  -0-

   10   

  SHARED DISPOSITIVE POWER

 

  3,650,392 (1)

11    

  AGGREGATEAMOUNTBENEFICIALLYOWNED BY EACHREPORTINGPERSON

 

  3,650,392 (1)

12  

  CHECKBOXIFTHEAGGREGATEAMOUNTIN ROW (11)EXCLUDESCERTAINSHARES

 

  ☐

13  

  PERCENTOFCLASS REPRESENTED BY AMOUNTINROW(11)

 

  10.4%

14  

  TYPEOFREPORTINGPERSON

 

  IN

 

(1)

See Item 5.


          
CUSIP No. 30233G100       Page 7 of 16 Pages

 

  1    

  NAMEOFREPORTINGPERSON

  S.S. ORI.R.S. IDENTIFICATION NO. OFABOVEPERSON

 

  R. Scott Barry

  2  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☒

 

  3  

  SEC USE ONLY

 

  4  

  SOURCE OF FUNDS

 

  OO

  5  

  CHECKBOXIFDISCLOSUREOFLEGALPROCEEDINGS IS REQUIRED PURSUANT TOITEMS 2(d) OR 2(e)

 

  ☐

  6  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  United States

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     7     

  SOLE VOTING POWER

 

  -0-

     8   

  SHARED VOTING POWER

 

  3,650,392 (1)

     9   

  SOLE DISPOSITIVE POWER

 

  -0-

   10   

  SHARED DISPOSITIVE POWER

 

  3,650,392 (1)

11    

  AGGREGATEAMOUNTBENEFICIALLYOWNED BY EACHREPORTINGPERSON

 

  3,650,392 (1)

12  

  CHECKBOXIFTHEAGGREGATEAMOUNTIN ROW (11)EXCLUDESCERTAINSHARES

 

  ☐

13  

  PERCENTOFCLASS REPRESENTED BY AMOUNTINROW(11)

 

  10.4%

14  

  TYPEOFREPORTINGPERSON

 

  IN

 

(1)

See Item 5.


          
CUSIP No. 30233G100       Page 8 of 16 Pages

 

  1    

  NAMEOFREPORTINGPERSON

  S.S. ORI.R.S. IDENTIFICATION NO. OFABOVEPERSON

 

  Ronald Eastman

  2  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☒

 

  3  

  SEC USE ONLY

 

  4  

  SOURCE OF FUNDS

 

  OO

  5  

  CHECKBOXIFDISCLOSUREOFLEGALPROCEEDINGS IS REQUIRED PURSUANT TOITEMS 2(d) OR 2(e)

 

  ☐

  6  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  United States

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     7     

  SOLE VOTING POWER

 

  -0-

     8   

  SHARED VOTING POWER

 

  3,650,392 (1)

     9   

  SOLE DISPOSITIVE POWER

 

  -0-

   10   

  SHARED DISPOSITIVE POWER

 

  3,650,392 (1)

11    

  AGGREGATEAMOUNTBENEFICIALLYOWNED BY EACHREPORTINGPERSON

 

  3,650,392 (1)

12  

  CHECKBOXIFTHEAGGREGATEAMOUNTIN ROW (11)EXCLUDESCERTAINSHARES

 

  ☐

13  

  PERCENTOFCLASS REPRESENTED BY AMOUNTINROW(11)

 

  10.4%

14  

  TYPEOFREPORTINGPERSON

 

  IN

 

(1)

See Item 5.


          
CUSIP No. 30233G100       Page 9 of 16 Pages

 

  1    

  NAMEOFREPORTINGPERSON

  S.S. ORI.R.S. IDENTIFICATION NO. OFABOVEPERSON

 

  Petri Vainio

  2  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☒

 

  3  

  SEC USE ONLY

 

  4  

  SOURCE OF FUNDS

 

  OO

  5  

  CHECKBOXIFDISCLOSUREOFLEGALPROCEEDINGS IS REQUIRED PURSUANT TOITEMS 2(d) OR 2(e)

 

  ☐

  6  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  United States

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     7     

  SOLE VOTING POWER

 

  -0-

     8   

  SHARED VOTING POWER

 

  3,650,392 (1)

     9   

  SOLE DISPOSITIVE POWER

 

  -0-

   10   

  SHARED DISPOSITIVE POWER

 

  3,650,392 (1)

11    

  AGGREGATEAMOUNTBENEFICIALLYOWNED BY EACHREPORTINGPERSON

 

  3,650,392 (1)

12  

  CHECKBOXIFTHEAGGREGATEAMOUNTIN ROW (11)EXCLUDESCERTAINSHARES

 

  ☐

13  

  PERCENTOFCLASS REPRESENTED BY AMOUNTINROW(11)

 

  10.4%

14  

  TYPEOFREPORTINGPERSON

 

  IN

 

(1)

See Item 5.


          
CUSIP No. 30233G100       Page 10 of 16 Pages

 

  1    

  NAMEOFREPORTINGPERSON

  S.S. ORI.R.S. IDENTIFICATION NO. OFABOVEPERSON

 

  Steve Wiggins

  2  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)  ☐        (b)  ☒

 

  3  

  SEC USE ONLY

 

  4  

  SOURCE OF FUNDS

 

  OO

  5  

  CHECKBOXIFDISCLOSUREOFLEGALPROCEEDINGS IS REQUIRED PURSUANT TOITEMS 2(d) OR 2(e)

 

  ☐

  6  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  United States

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     7     

  SOLE VOTING POWER

 

  -0-

     8   

  SHARED VOTING POWER

 

  3,650,392 (1)

     9   

  SOLE DISPOSITIVE POWER

 

  -0-

   10   

  SHARED DISPOSITIVE POWER

 

  3,650,392 (1)

11    

  AGGREGATEAMOUNTBENEFICIALLYOWNED BY EACHREPORTINGPERSON

 

  3,650,392 (1)

12  

  CHECKBOXIFTHEAGGREGATEAMOUNTIN ROW (11)EXCLUDESCERTAINSHARES

 

  ☐

13  

  PERCENTOFCLASS REPRESENTED BY AMOUNTINROW(11)

 

  10.4%

14  

  TYPEOFREPORTINGPERSON

 

  IN

 

(1)

See Item 5.


SCHEDULE 13D

 

Item 1.

Security and Issuer.

This Amendment No. 3 to Schedule 13D (Amendment No. 3) amends and supplements the Schedule 13D filed on April 10, 2018, as amended and supplemented by Amendment No. 1 thereto filed July 15, 2018 and Amendment No. 2 thereto filed February 13, 2019 (as amended, the Amended Schedule 13D), and relates to the Reporting Persons beneficial ownership of shares of the common stock, par value $0.001 per share (the Common Stock), of EyePoint Pharmaceuticals, Inc. (the Issuer). Only those items that are hereby reported are amended; all other items reported in the Amended 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 No. 3 have the meanings ascribed to them in the Amended Schedule 13D. This Amendment No. 3 is being filed to reflect the sales of shares of Common Stock of the Issuer by the Reporting Persons that occurred between August 22, 2023 and August 29, 2023, as well as to amend the Amended Schedule 13D to reflect the one for ten reverse split effected by the Issuer on December 8, 2020 (the Reverse Split) and the issuances of shares of Common Stock by the Issuer to third parties in the Company Offerings all as described in Item 5 below. This filing constitutes a late filing with respect to the filings required from the Reverse Split and Company Offerings due to administrative error.

 

  (a)

Name of Issuer: EyePoint Pharmaceuticals, Inc. (formerly known as pSivida Corp.)

 

  (b)

Address of Issuers Principal Executive Offices:

480 Pleasant Street

Watertown, Massachusetts 02472

 

  (c)

Title and Class of Securities: Common Stock

 

  (d)

CUSIP Number: 30233G100

 

Item 2.

Identity and Background.

(a) This Amendment No. 3 is being filed jointly by EW Healthcare Partners L.P., a Delaware limited partnership (EWHP), EW Healthcare Partners-A L.P., a Delaware limited partnership (EWHP-A), Essex Woodlands Fund IX-GP, L.P., a Delaware limited partnership ( Essex IX FundGP), Essex Woodlands IX, LLC, a Delaware limited liability company (Essex IX General Partner), Martin P. Sutter, an individual, R. Scott Barry, an individual, Ronald Eastman, an individual, Petri Vainio, an individual, and Steve Wiggins, an individual (each a Manager, collectively, the Managers, and together with the EWHP, EWHP-A, Essex IX Fund GP and the Essex IX General Partner, the Reporting Persons).

(b) Address of Principal Business Office: The address of the principal business of each of the Reporting Persons is 21 Waterway Avenue, Suite 225, The Woodlands, Texas 77380.

(c) The Principal business of EWHP and EWHP-A is growth capital investments. The principal business of Essex IX Fund GP is to act as the general partner of EWHP and EWHP-A. The principal business of Essex IX General Partner is to act as the general partner of Essex IX Fund GP. The principal business of the Managers is to direct the activities of Essex IX General Partner.

(d) None of the Reporting Persons have, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).

(e) None of the Reporting Persons have, during the last five years, been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction as a result of which such person was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.

(f) Citizenship: (i) EWHP is a Delaware limited partnership; (ii) EWHP-A is a Delaware limited partnership; (iii) Essex IX Fund GP is a Delaware limited partnership; (iv) Essex IX General Partner is a Delaware limited liability company; (v) the Managers are all individuals who are citizens of the United States.


Item 4.

Purpose of Transaction

The Reporting Persons disposed of the Securities described in Item 5 for liquidity and market purposes. Depending upon overall market conditions, other investment opportunities available to the Reporting Persons, and the availability of Securities at prices that would make the purchase or sale of Securities desirable, the Reporting Persons may endeavor to increase or decrease their position in the Issuer through, among other things, the purchase or sale of Securities on the open market or in private transactions or otherwise, on such terms and at such times as the Reporting Persons may deem advisable. Except for the above, none of the Reporting Persons has any present plan or proposal which relates to, or could result in, any of the events referred to in paragraphs (a) through (j), inclusive, of Item 4 of Schedule 13D. However, the Reporting Persons will continue to review the business of the Issuer and, depending upon one or more of the factors referred to above, may in the future propose that the Issuer take one or more such actions.

 

Item 5.

Interest in Securities of the Issuer

TOTAL OUTSTANDING SHARES. According to information set forth in the Issuers Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on August 4, 2023, the number of shares of the Issuers Common Stock outstanding on July 28, 2023 was 34,984,044 shares.

EWHP INVESTORS. As of the date of this Amendment No. 3, the Reporting Persons may be deemed to beneficially own, for purposes of Rule 13D-3(d)(1)(i) of the Act, an aggregate 3,650,392 shares of Common Stock (the Securities), which represents approximately 10.4% of the Common Stock outstanding. The Securities include 3,509,220 shares held by EWHP and 141,172 shares held by EWHP-A. The Reporting Persons did not, and do not, have the right to acquire any additional shares of Common Stock within sixty days of the date of this Amendment No. 3. EWHP and EWHP-A have the sole voting and investment power with respect to their respective Securities.

During the last sixty (60) days, the Reporting Persons effected the following transactions in the Issuers Common Stock:

 

DATE

  REPORTING PERSON   AMOUNT   PRICE   TYPE OF TRANSACTION
8/22/2023   EWHP   44,968   $14.62(1)   Open market sale
8/22/2023   EWHP-A   1,810   $14.62(1)   Open market sale
8/23/2023   EWHP   24,869   $14.70(2)   Open market sale
8/23/2023   EWHP-A   1,001   $14.70(2)   Open market sale
8/23/2023   EWHP   24,023   $13.79(3)   Open market sale
8/23/2023   EWHP-A   967   $13.79(3)   Open market sale
8/23/2023   EWHP   26,415   $12.82(4)   Open market sale
8/23/2023   EWHP-A   1,063   $12.82(4)   Open market sale
8/23/2023   EWHP   41,110   $11.78(5)   Open market sale
8/23/2023   EWHP-A   1,655   $11.78(5)   Open market sale
8/24/2023   EWHP   83,729   $11.54(6)   Open market sale
8/24/2023   EWHP-A   3,371   $11.54(6)   Open market sale
8/24/2023   EWHP   50,161   $10.56(7)   Open market sale
8/24/2023   EWHP-A   2,019   $10.56(7)   Open market sale
8/25/2023   EWHP   70,103   $11.09(8)   Open market sale
8/25/2023   EWHP-A   2,822   $11.09(8)   Open market sale
8/25/2023   EWHP   11,277   $10.45(9)   Open market sale
8/25/2023   EWHP-A   454   $10.45(9)   Open market sale
8/28/2023   EWHP   58,503   $11.71(10)   Open market sale
8/28/2023   EWHP-A   2,355   $11.71(10)   Open market sale
8/29/2023   EWHP   83,911   $10.74(11)   Open market sale
8/29/2023   EWHP-A   3,378   $10.74(11)   Open market sale
8/29/2023   EWHP   543   $11.56   Open market sale
8/29/2023   EWHP-A   22   $11.56   Open market sale

 

(1)

Price is the volume weighted average selling price of all sales by the Reporting Persons on the transaction date within a one dollar range. Actual prices ranged from $14.39 to $14.84. The Reporting Persons hereby undertake to provide upon request of the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.

(2)

Price is the volume weighted average selling price of all sales by the Reporting Persons on the transaction date within a one dollar range. Actual prices ranged from $14.28 to $15.27. The Reporting Persons hereby undertake to provide upon request of the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.

(3)

Price is the volume weighted average selling price of all sales by the Reporting Persons on the transaction date within a one dollar range. Actual prices ranged from $13.28 to $14.27. The Reporting Persons hereby undertake to provide upon request of the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.


(4)

Price is the volume weighted average selling price of all sales by the Reporting Persons on the transaction date within a one dollar range. Actual prices ranged from $12.28 to $13.27. The Reporting Persons hereby undertake to provide upon request of the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.

(5)

Price is the volume weighted average selling price of all sales by the Reporting Persons on the transaction date within a one dollar range. Actual prices ranged from $11.52 to $12.27. The Reporting Persons hereby undertake to provide upon request of the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.

(6)

Price is the volume weighted average selling price of all sales by the Reporting Persons on the transaction date within a one dollar range. Actual prices ranged from $11.05 to $12.04. The Reporting Persons hereby undertake to provide upon request of the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.

(7)

Price is the volume weighted average selling price of all sales by the Reporting Persons on the transaction date within a one dollar range. Actual prices ranged from $10.11 to $11.04. The Reporting Persons hereby undertake to provide upon request of the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.

(8)

Price is the volume weighted average selling price of all sales by the Reporting Persons on the transaction date within a one dollar range. Actual prices ranged from $10.5001 to $11.50. The Reporting Persons hereby undertake to provide upon request of the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.

(9)

Price is the volume weighted average selling price of all sales by the Reporting Persons on the transaction date within a one dollar range. Actual prices ranged from $10.36 to $10.50. The Reporting Persons hereby undertake to provide upon request of the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.

(10)

Price is the volume weighted average selling price of all sales by the Reporting Persons on the transaction date within a one dollar range. Actual prices ranged from $11.28 to $12.00. The Reporting Persons hereby undertake to provide upon request of the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.

(11)

Price is the volume weighted average selling price of all sales by the Reporting Persons on the transaction date within a one dollar range. Actual prices ranged from $10.30 to $11.29. The Reporting Persons hereby undertake to provide upon request of the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.

Since the filing of Amendment No. 2 to this Schedule 13D on February 13, 2019, the Issuer effected the Reverse Split of its outstanding securities on December 8. 2020, on the basis of one share for each ten shares outstanding. As a result of this action, the number of shares owned by the Reporting Persons was reduced from 41,909,219 shares to 4,190,921 shares, in the aggregate; however, the ownership percentages of the Reporting Persons did not change. This Amendment No. 3 is being filed to, among other things, reflect and report such change resulting from the Reverse Split.

Rule 13d-2(a) under the Act provides that if any material change occurs in the facts set forth in a reporting persons Schedule 13D, including any material increase or decrease in the percentage of the class beneficially owned, such reporting person promptly shall file an amendment to such Schedule 13D. Rule 13d-2(a) further provides that an acquisition or disposition of securities in an amount equal to one percent (1%) or more of the class of securities shall be deemed material for purposes of the foregoing amendment requirement. Due to inadvertent administrative error, prior to this Amendment No. 3, the Reporting Persons failed to file 6 amendments to Schedule 13D, each of which was required, pursuant to Rule 13d-2(a), to report aggregate decreases in ownership of Securities by the Reporting Persons representing one percent (1%) or more of the Securities then outstanding (each such one-percent aggregate decrease, a One-Percent Decrease). The One-Percent Decreases occurred due to the Companys completion of offerings of its Securities (each a Company Offering), which resulted in the ownership percentage of the Securities held by the Reporting Persons to be reduced. This Amendment No. 3 is being filed to, among other things, reflect and report such changes to such ownership percentages to the Securities held by the Reporting Persons as a result of the Company Offerings, including the sixty (60)-day pre-amendment trading history required by Item 5(c) of Schedule 13D.

 

COMPANY
OFFERING DATE

 

SHARES SOLD/ISSUED

  COMPANY
SHARES
OUTSTANDING
  REPORTING PERSONS   AMOUNT
BENEFICIALLY
OWNED
  PERCENT OF
CLASS
  CHANGE IN
PERCENT OF
CLASS FROM
PREVIOUS

3/28/2019

  10,526,500   105,900,826   EWHP   40,288,314   38.0%   -4.4%
      EWHP-A   1,620,905   1.5%   -0.2%
      Essex IX Fund GP   41,909,219   39.6%   -4.6%
      Essex IX General Partner   41,909,219   39.6%   -4.6%
      Managers   41,909,219   39.6%   -4.6%

2/21/2020

  15,000,000   124,417,322   EWHP   40,288,314   32.4%   -5.7%
      EWHP-A   1,620,905   1.3%   -0.2%
      Essex IX Fund GP   41,909,219   33.7%   -5.9%
      Essex IX General Partner   41,909,219   33.7%   -5.9%
      Managers   41,909,219   33.7%   -5.9%

12/9/2020

  Up to $25,000,000 of value at the market filed on 8/5/2020; shares outstanding for purposes of calculating ownership percentage is as reported on 8K filing on 12/9/2020 announcing 1-for-10 stock split, reflected post split   15,130,000   EWHP   4,028,831   26.6%   -5.8%
    EWHP-A   162,090   1.1%   -0.2%
    Essex IX Fund GP   4,190,921   27.7%   -6.0%
    Essex IX General Partner   4,190,921   27.7%   -6.0%
    Managers   4,190,921   27.7%   -6.0%

COMPANY
OFFERING DATE

 

SHARES SOLD/ISSUED

  COMPANY
SHARES
OUTSTANDING
  REPORTING PERSONS   AMOUNT
BENEFICIALLY
OWNED
  PERCENT OF
CLASS
  CHANGE IN
PERCENT OF
CLASS FROM
PREVIOUS

12/31/2020

  3,010,722   18,140,722   EWHP   4,028,831   22.2%   -4.4%
      EWHP-A   162,090   0.9%   -0.2%
      Essex IX Fund GP   4,190,921   23.1%   -4.6%
      Essex IX General Partner   4,190,921   23.1%   -4.6%
      Managers   4,190,921   23.1%   -4.6%

2/5/2021

  9,100,000 + 1,365,000 additional   28,605,722   EWHP   4,028,831   14.1%   -8.1%
      EWHP-A   162,090   0.6%   -0.3%
      Essex IX Fund GP   4,190,921   14.7%   -8.5%
      Essex IX General Partner   4,190,921   14.7%   -8.5%
      Managers   4,190,921   14.7%   -8.5%

11/19/2021

  4,027,273 + 1,095,000 additional   33,893,537   EWHP   4,028,831   11.9%   -2.2%
      EWHP-A   162,090   0.5%   -0.1%
      Essex IX Fund GP   4,190,921   12.4%   -2.3%
      Essex IX General Partner   4,190,921   12.4%   -2.3%
      Managers   4,190,921   12.4%   -2.3%

The share totals and ownership percentages reported by the Reporting Persons in this Amendment No. 3 are reflective of the Reverse Split and the Company Offerings.

 

Item 6.

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

Effective with the Issuers annual meeting of stockholders for 2022, Ronald Eastman, one of the Reporting Persons and a Manager of Essex IX General Partner, notified the Issuer that he would not stand for reelection to the Board of Directors of the Issuer after serving as a member of the Board since the investment by EWHP and EWHP-A in Securities of the Issuer, and EWHP and EWHP-A waived their right to nominate a replacement. This Amendment No. 3 is being filed to report such change to the arrangements with the Issuer. Also, this Amendment No. 3 is being filed to file the Voting and Investors Rights Agreement between Ocumension Pharmaceuticals, the Issuer and EWHP and EWHP-A dated December 31, 2020 (the Voting Agreement) filed as Exhibit 2 herewith. Such Voting Agreement requires that the Reporting Persons vote their shares of the Issuer, among other things, for the election of the representative of Ocumension Therapeutics to the Board of Directors of the Company for so long as the Reporting Persons own at least ten percent (10%) of the outstanding securities of the Issuer, provided that Ocumension Therapeutics continues to own 75% of the shares they purchased in December 2020.

Except for the agreements and instruments described in the response to Item 3 in the Amended Schedule 13D and the Voting Agreement, to the best knowledge of the Reporting Persons, there are no contracts, arrangements, understandings or relationships (legal or otherwise) among the persons named in Item 2 and between such persons and any person with respect to any securities of the Company, including, but not limited to, transfer or voting of any of the securities, finders fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, division of profits or loss, or the giving or withholding of proxies.


Item 7.

Material to be filed as Exhibits

 

Exhibit 1:    Joint Filing Agreement, dated August 30, 2023.
Exhibit 2:    Voting and Investors Rights Agreement dated December 31, 2020 by and among the Issuer, Ocumension Therapeutics, EWHealthcare Partners LP and EW Healthcare Partners -A LP (incorporated by reference to Exhibit 10.35 to the Issuers Annual Report on Form 10K filed on March 10, 2023).

Signatures

After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct.

Date: August 30, 2023

 

EW HEALTHCARE PARTNERS L.P.     INDIVIDUALS:
By:  

Essex Woodlands Fund IX-GP, L.P.,

Its General Partner

   
By:   Essex Woodlands IX, LLC,     /s/ Martin P. Sutter
  Its General Partner     Name: Martin P. Sutter
By:   /s/ Ronald W. Eastman     /s/ R. Scott Barry
  Name:   Ronald W. Eastman     Name: R. Scott Barry
  Title:   Manager    

EW HEALTHCARE PARTNERS-A L.P.

 

By:   Essex Woodlands Fund IX-GP, L.P.,     /s/ Ronald W. Eastman
  Its General Partner     Name: Ronald W. Eastman
By:   Essex Woodlands IX, LLC,    
  Its General Partner    
By:   /s/ Ronald W. Eastman     /s/ Petri Vainio
  Name:   Ronald W. Eastman     Name: Petri Vainio
  Title:   Manager    
        /s/ Steve Wiggins
             Name: Steve Wiggins

ESSEX WOODLANDS FUND IX-GP, L.P.

 

By:   Essex Woodlands IX, LLC,
  Its General Partner
By:   /s/ Ronald W. Eastman
  Name:   Ronald W. Eastman
  Title:   Manager
ESSEX WOODLANDS IX, LLC
/s/ Ronald W. Eastman
Name:   Ronald W. Eastman
Title:   Manager