Filing Details

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. 4)*

 

 

YuMe, Inc.

(Name of Issuer)

Common Stock, $0.001 par value per share

(Title of Class of Securities)

98872B 104

(CUSIP Number)

December 31, 2017

(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 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 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).

 

 

 

---

1		NAMES OF REPORTING PERSONS   KFT Trust, Vinod Khosla as Trustee
2		CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a)  ☐        (b)  ☒(1)
3		SEC USE ONLY
4		CITIZENSHIP OR PLACE OF ORGANIZATION   California, United States of America
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:				5		SOLE VOTING POWER   0
				6		SHARED VOTING POWER   381,779 (2)
				7		SOLE DISPOSITIVE POWER   0
				8		SHARED DISPOSITIVE POWER   381,779 (2)
9		AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON   381,779 (2)
10		CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)   ☐
11		PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)   1.1% (3)
12		TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)   OO

 

(1)	This statement on Schedule 13G is filed by KFT Trust, Vinod Khosla as Trustee (KFT) and Vinod Khosla (Khosla, together with KFT collectively, the Reporting Persons). The Reporting Persons expressly disclaim status as a group for purposes of this Schedule 13G.

(2)

Consists of 381,779 shares held by KFT. Khosla is a trustee of KFT, which is a revocable trust for the benefit of Khosla and members of his family. As such, Khosla may be deemed to possess voting and investment power over such shares, and may be deemed to have indirect beneficial ownership of such shares.

(3)

The percentages set forth on the cover sheets are calculated based on 34,946,078 shares of the Common Stock reported to be outstanding as of October 31, 2017 as set forth in the Issuers Quarterly Report on Form 10-Q as filed with the Securities and Exchange Commission on November 8, 2017 (the Quarterly Report).

---

1		NAMES OF REPORTING PERSONS   Vinod Khosla
2		CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a)  ☐        (b)  ☒(1)
3		SEC USE ONLY
4		CITIZENSHIP OR PLACE OF ORGANIZATION   United States of America
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:				5		SOLE VOTING POWER   0
				6		SHARED VOTING POWER   395,036(2)
				7		SOLE DISPOSITIVE POWER   0
				8		SHARED DISPOSITIVE POWER   395,036(2)
9		AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON   395,036(2)
10		CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)   ☐
11		PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)   1.1% (3)
12		TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)   IN

 

(1)	This statement on Schedule 13G is filed by the Reporting Persons. The Reporting Persons expressly disclaim status as a group for purposes of this Schedule 13G.

(2)

Consists of (i) 381,779 shares held by KFT and (ii) 13,257 shares held by David Weiden, which shares are held by Mr. Weiden for the benefit of certain affiliates of Khosla Ventures pursuant to agreements between Mr. Weiden and such affiliates of Khosla Ventures. Khosla is a trustee of KFT, which is a revocable trust for the benefit of Khosla and members of his family. As such, Khosla may be deemed to possess voting and investment power over such shares, and may be deemed to have indirect beneficial ownership of such shares. Khosla possesses power to direct the voting and disposition of the shares held by Mr. Weiden for the benefit of such affiliates of Khosla Ventures and Khosla may be deemed to have indirect beneficial ownership of such shares. Khosla holds no shares of the Issuer directly.

(3)	The percentages set forth on the cover sheets are calculated based on 34,946,078 shares of the Common Stock reported to be outstanding as of October 31, 2017 as set forth in the Issuers Quarterly Report.

---

Explanatory Note

This Amendment No. 4 to the statement on Schedule 13G (this Amendment No. 4) amends and restates the statement on Schedule 13G filed on February 12, 2014, as amended June 16, 2014, February 16, 2016 and February 10, 2017 (the Schedule 13G). This Amendment No. 4 hereby amends the Schedule 13G as described herein.

 

Item 1(a).

Name of Issuer:

YuMe, Inc.

 

Item 1(b).

Address of Issuers Principal Executive Officers:

1204 Middlefield Road

Redwood City, California 94063

 

Item 2(a).

Name of Person(s) Filing:

KFT Trust, Vinod Khosla as Trustee (KFT)

Vinod Khosla (Khosla)

 

Item 2(b).

Address of Principal Business Office:

Khosla Ventures

2128 Sand Hill Road

Menlo Park, California 94025

 

Item 2(c).

Citizenship:

 

KFT		California, United States of America
Khosla		United States of America

 

Item 2(d).

Title of Class of Securities:

Common Stock, par value $0.001 per share.

 

Item 2(e).

CUSIP Number:

98872B 104

 

Item 3.

If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a:

Not applicable.

 

Item 4(a).

Amount Beneficially Owned:

 

Item 4(b).

Percent of Class:

 

Item 4(c).

Number of shares as to which such persons have:

The following information with respect to the beneficial ownership of the Common Stock by the Reporting Persons filing this statement on Schedule 13G is provided as of October 31, 2017:

---

Reporting Persons		Shares Held Directly				Sole Voting Power				Shared Voting Power (1)				Sole Dispositive Power				Shared Dispositive Power (1)				Beneficial Ownership (1)				Percentage of Class (1, 3)
KFT(2)			381,779				0				381,779				0				381,779				381,779				1.1	%
Khosla(2)			0				0				395,036				0				395,036				395,036				1.1	%

 

(1)	Represents the number of shares of Common Stock and the number of shares of Common Stock issuable upon exercise of options that are exercisable within 60 days of the date of this statement on Schedule 13G (Securities) currently beneficially owned by the Reporting Persons.

(2)

Khosla is a trustee of KFT, which is a revocable trust for the benefit of Khosla and members of his family. As such, Khosla possesses power to direct the voting and disposition of certain of the Securities owned by KFT, and may be deemed to have indirect beneficial ownership of such Securities. Khosla possesses power to direct the voting and disposition of the Securities held by Mr. Weiden for the benefit of affiliates of Khosla Ventures and Khosla may be deemed to have indirect beneficial ownership of such Securities. Khosla holds no Securities of the Issuer directly.

(3)	The percentages set forth above are calculated based on 34,946,078 shares of the Common Stock reported to be outstanding as of October 31, 2017 as set forth in the Issuers Quarterly Report.

 

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 Persons have 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:

Not applicable.

 

Item 9.

Notice of Dissolution of Group:

Not applicable.

 

Item 10.

Certification:

Not applicable.

---

SIGNATURES

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 12, 2018

 

KFT TRUST, VINOD KHOSLA AS TRUSTEE
By:		/s/ Vinod Khosla
		Vinod Khosla, Trustee
/s/ Vinod Khosla
Vinod Khosla

Exhibit(s):

 

99.1:		Joint Filing Statement