Filing Details

Accession Number:
0000899140-17-000087
Form Type:
13G Filing
Publication Date:
2017-02-03 18:13:24
Filed By:
Feinberg Larry N
Company:
Quidel Corp (NASDAQ:QDEL)
Filing Date:
2017-02-06
SEC Url:
13G Filing
Ownership Summary

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
Larry N. Feinberg 0 2,517,554 0 2,517,554 2,517,554 7.71%
Oracle Partners 0 1,777,439 0 1,777,439 1,777,439 5.44%
Oracle Institutional Partners 0 262,522 0 262,522 262,522 0.80%
Oracle Ten Fund Master 0 451,093 0 451,093 451,093 1.38%
Oracle Investment Management Employees Retirement Fund 0 20,000 0 20,000 20,000 0.06%
The Feinberg Family Foundation 0 6,500 0 6,500 6,500 0.02%
Oracle Associates 0 2,491,054 0 2,491,054 2,491,054 7.63%
Oracle Investment Management, Inc 0 471,093 0 471,093 471,093 1.44%
Filing

 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
SCHEDULE 13G/A
Amendment No. 14
 
Under the Securities Exchange Act of 1934

Quidel Corp

(Name of Issuer)
 
Common Stock

(Title of Class of Securities)
 
69404D108

(CUSIP Number)
 
December 31, 2016

(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)
 
 
Rule 13d-1(d)
 
 
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 (the “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).
 
 

 
 
 

1
 
NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 
Larry N. Feinberg
2
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
 
(a)  ☐
(b)  ☐
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
 
2,517,554
7
 
SOLE DISPOSITIVE POWER
 
0
8
 
SHARED DISPOSITIVE POWER
 
2,517,554
9
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
2,517,554
10
 
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)
  ☐
 
11
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
7.71%*
12
 
TYPE OF REPORTING PERSON (See Instructions)
 
IN
* Calculated based on a total of 32,643,557 shares of common stock outstanding as of October 21, 2016, as reported by the Issuer in its Quarterly Report on Form 10-Q filed with the Securities Exchange Commission (the “SEC”) on October 28, 2016 (the “Quarterly Report”).
 

 

1
 
NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 
Oracle Partners, L.P..
2
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
 
(a)  ☐
(b)  ☐
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
 
1,777,439
7
 
SOLE DISPOSITIVE POWER
 
0
8
 
SHARED DISPOSITIVE POWER
 
1,777,439
9
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
1,777,439
10
 
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)
 
11
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
5.44%*
12
 
TYPE OF REPORTING PERSON (See Instructions)
 
PN
* Calculated based on a total of 32,643,557 shares of common stock outstanding as of October 21, 2016, as reported by the Issuer in the Quarterly Report.
 
 

 

1
 
NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 
Oracle Institutional Partners, L.P.
2
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
 
(a)  ☐
(b)  ☐
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
 
262,522
7
 
SOLE DISPOSITIVE POWER
 
0
8
 
SHARED DISPOSITIVE POWER
 
262,522
9
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
262,522
10
 
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)
  ☐
 
11
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
0.80%*
12
 
TYPE OF REPORTING PERSON (See Instructions)
 
PN
* Calculated based on a total of 32,643,557 shares of common stock outstanding as of October 21, 2016, as reported by the Issuer in the Quarterly Report. 
 
 
 

 

1
 
NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 
Oracle Ten Fund Master, LP
2
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
 
(a)  ☐
(b)  ☐
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
 
451,093
7
 
SOLE DISPOSITIVE POWER
 
0
8
 
SHARED DISPOSITIVE POWER
 
451,093
9
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
451,093
10
 
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)
   ☐
 
11
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
1.38%*
12
 
TYPE OF REPORTING PERSON (See Instructions)
 
PN
\
 
 
 
 
 
* Calculated based on a total of 32,643,557 shares of common stock outstanding as of October 21, 2016, as reported by the Issuer in the Quarterly Report.
 
 


1
 
NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 
Oracle Investment Management Employees Retirement Fund
2
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
 
(a)  ☐
(b)  ☐
3
 
 
SEC USE ONLY
 
 
4
 
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Connecticut
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
5
 
SOLE VOTING POWER
 
0
6
 
SHARED VOTING POWER
 
20,000
7
 
SOLE DISPOSITIVE POWER
 
0
8
 
SHARED DISPOSITIVE POWER
 
20,000
9
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
20,000
10
 
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)
  ☐
 
11
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
0.06%*
12
 
TYPE OF REPORTING PERSON (See Instructions)
 
OO
\
 
 
 
 
 
* Calculated based on a total of 32,643,557 shares of common stock outstanding as of October 21, 2016, as reported by the Issuer in the Quarterly Report.
 
 

1
 
NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 
The Feinberg Family Foundation
2
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
 
(a)  ☐
(b)  ☐
3
 
 
 
 
 
 
 
SEC USE ONLY
4
 
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Connecticut
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
5
 
SOLE VOTING POWER
 
0
6
 
SHARED VOTING POWER
 
6,500
7
 
SOLE DISPOSITIVE POWER
 
0
8
 
SHARED DISPOSITIVE POWER
 
6,500
9
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
6,500
10
 
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)
  ☐
 
11
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
0.02%*
12
 
TYPE OF REPORTING PERSON (See Instructions)
 
OO
\
 
 
 
 
 
* Calculated based on a total of 32,643,557 shares of common stock outstanding as of October 21, 2016, as reported by the Issuer in the Quarterly Report.
 
 

1
 
NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 
Oracle Associates, LLC
2
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
 
(a)  ☐
(b)  ☐
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
 
2,491,054
7
 
SOLE DISPOSITIVE POWER
 
0
8
 
SHARED DISPOSITIVE POWER
 
2,491,054
9
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
2,491,054
10
 
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)
  ☐
 
11
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
7.63%*
12
 
TYPE OF REPORTING PERSON (See Instructions)
 
PN
* Calculated based on a total of 32,643,557 shares of common stock outstanding as of October 21, 2016, as reported by the Issuer in the Quarterly Report.
 
 
1
 
NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 
Oracle Investment Management, Inc.
2
 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
 
(a)  ☐
(b)  ☐
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
 
471,093
7
 
SOLE DISPOSITIVE POWER
 
0
8
 
SHARED DISPOSITIVE POWER
 
471,093
9
 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
471,093
10
 
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)
  ☐
 
11
 
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
1.44%*
12
 
TYPE OF REPORTING PERSON (See Instructions)
 
CO
\
 
 
 
 
 
* Calculated based on a total of 32,643,557 shares of common stock outstanding as of October 21, 2016, as reported by the Issuer in the Quarterly Report.
 
This Amendment No. 14 to Schedule 13G (this “Amendment No. 13”) is being filed with respect to the Common Stock, par value $0.001 (“Common Stock”) of Quidel Corporation, a Delaware corporation (the “Issuer”), to amend the Schedule 13G filed on April 23, 2001, as previously amended by Amendment No. 1, filed on February 14, 2002, by Amendment No. 2, filed on February 12, 2003, by Amendment No. 3, filed on February 9, 2005, by Amendment No. 4, filed on February 7, 2006, by Amendment No. 5, filed on February 15, 2008, by Amendment No. 6 filed on May 20, 2009, by Amendment No. 7, filed on February 2, 2010, by Amendment No. 8, filed on February 8, 2011, by Amendment No. 9, filed on February 6, 2012, by Amendment No. 10, filed on February 12, 2013, by Amendment No. 11 filed on February 13, 2014, by Amendment No. 12 filed on January 30, 2015 and by Amendment No. 13 filed on February 3, 2016 (as so amended, the “Schedule 13G”), in accordance with the annual amendment requirements. This Amendment No. 14 is being filed on behalf of Oracle Partners, LP, a Delaware limited partnership (“Oracle Partners”), Oracle Ten Fund Master, LP, a Cayman Islands exempted company (“Oracle Ten Fund”), Oracle Institutional Partners, LP, a Delaware limited partnership (“Institutional Partners” and, collectively with Oracle Partners and Oracle Ten Fund, the “Oracle Entities”), Oracle Investment Management, Inc. Employees’ Retirement Plan, an employee benefit plan organized in Connecticut (the “Retirement Plan”), Oracle Associates, LLC, a Delaware limited liability company and the general partner of Oracle Partners, Oracle Ten Fund and Institutional Partners (“Oracle Associates”), Oracle Investment Management, Inc., a Delaware corporation and the investment manager to Oracle Ten Fund and the Retirement Plan (the “Investment Manager”), The Feinberg Family Foundation, a foundation organized in Connecticut (the “Foundation”), and Larry N. Feinberg, the managing member of Oracle Associates, the sole shareholder, director and president of the Investment Manager and the trustee of the Foundation (each of the foregoing, a “Reporting Person” and collectively, the “Reporting Persons”). Capitalized terms used but not defined herein have the meaning ascribed thereto in the Schedule 13G.

Item 4. Ownership:

Item 4 of the Schedule 13G is hereby amended and restated as follows:
  
A. Larry N. Feinberg
(a) Amount beneficially owned: 2,517,554
(b) Percent of class: 7.71%
(c) Number of shares as to which such person has:
(i) Sole power to vote or direct the vote: 0
(ii) Shared power to vote or direct the vote: 2,517,554
(iii) Sole power to dispose or direct the disposition: 0
(iv) Shared power to dispose or direct the disposition: 2,517,554

B. Oracle Partners
(a) Amount beneficially owned: 1,777,439
(b) Percent of class: 5.44%
(c) Number of shares as to which such person has:
(i) Sole power to vote or direct the vote: 0
(ii) Shared power to vote or direct the vote: 1,777,439
(iii) Sole power to dispose or direct the disposition: 0
(iv) Shared power to dispose or direct the disposition: 1,777,439

C. Institutional Partners
(a) Amount beneficially owned: 262,522
(b) Percent of class: 0.80%
(c) Number of shares as to which such person has:
(i) Sole power to vote or direct the vote: 0
(ii) Shared power to vote or direct the vote: 262,522
(iii) Sole power to dispose or direct the disposition: 0
(iv) Shared power to dispose or direct the disposition: 262,522
 
 
 
 
 
 
D. Oracle Ten Fund
(a) Amount beneficially owned: 451,093
(b) Percent of class: 1.38%
(c) Number of shares as to which such person has:
(i) Sole power to vote or direct the vote: 0
(ii) Shared power to vote or direct the vote: 451,093
(iii) Sole power to dispose or direct the disposition: 0
(iv) Shared power to dispose or direct the disposition: 451,093

E. Retirement Plan
(a) Amount beneficially owned: 20,000
(b) Percent of class: 0.06%
(c) Number of shares as to which such person has:
(i) Sole power to vote or direct the vote: 0
(ii) Shared power to vote or direct the vote: 20,000
(iii) Sole power to dispose or direct the disposition: 0
(iv) Shared power to dispose or direct the disposition: 20,000

F. Foundation
(a) Amount beneficially owned: 6,500
(b) Percent of class: 0.02%
(c) Number of shares as to which such person has:
(i) Sole power to vote or direct the vote: 0
(ii) Shared power to vote or direct the vote: 6,500
(iii) Sole power to dispose or direct the disposition: 0
(iv) Shared power to dispose or direct the disposition: 6,500

G. Oracle Associates
(a) Amount beneficially owned: 2,491,054
(b) Percent of class: 7.63%
(c) Number of shares as to which such person has:
(i) Sole power to vote or direct the vote: 0
(ii) Shared power to vote or direct the vote: 2,491,054
(iii) Sole power to dispose or direct the disposition: 0
(iv) Shared power to dispose or direct the disposition: 2,491,054

H. Investment Manager
(a) Amount beneficially owned: 471,093
(b) Percent of class: 1.44%
(c) Number of shares as to which such person has:
(i) Sole power to vote or direct the vote: 0
(ii) Shared power to vote or direct the vote: 471,093
(iii) Sole power to dispose or direct the disposition: 0
(iv) Shared power to dispose or direct the disposition: 471,093


 
 
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 3, 2017
 


 
 
ORACLE PARTNERS, L.P.
 
 
 
By:  ORACLE ASSOCIATES, LLC, its general partner
 
 
 
 
By:  /s/ Larry N. Feinberg                                  
        Larry N. Feinberg, Managing Member
 
 
 
 
 
 
 
ORACLE TEN FUND PARTNERS, LP
 
 
 
By:  ORACLE ASSOCIATES, LLC, its general partner
 
 
 
 
By:  /s/ Larry N. Feinberg                                  
        Larry N. Feinberg, Managing Member
 
 
 
 
 
 
ORACLE INSTITUTIONAL PARTNERS, LP
 
 
 
By:  ORACLE ASSOCIATES, LLC, its general partner
 
 
 
 
By:  /s/ Larry N. Feinberg                                  
        Larry N. Feinberg, Managing Member
 
 
 
 
 
ORACLE INVESTMENT MANAGEMENT, INC.
EMPLOYEES’ RETIREMENT PLAN
 
 
 
 
 By:  /s/ Larry N. Feinberg                                   
        Larry N. Feinberg, Trustee
 
 
 
     
 
 
 
 
 
 

 
THE FEINBERG FAMILY FOUNDATION
 
By:  /s/ Larry N. Feinberg                                  
Larry N. Feinberg, Trustee
 
   
 
ORACLE INVESTMENT MANAGEMENT, INC.
 
By:  /s/ Larry N. Feinberg                                  
        Larry N. Feinberg, President
 
   
 
ORACLE ASSOCIATES, LLC
 
By:  /s/ Larry N. Feinberg                                  
        Larry N. Feinberg, Manager Member
 
 
 
 
 
/s/ Larry N. Feinberg                                          
Larry N. Feinberg, individually