-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, JoaLS9EYI41xjCpG7eOeTxGqyUzX/gwWjTc20N2C+67LgL3qOFzOVGx3mWZyIMV4 9tTRyQdMVVQ7EbiR9FC2tQ== 0000950005-01-000102.txt : 20010213 0000950005-01-000102.hdr.sgml : 20010213 ACCESSION NUMBER: 0000950005-01-000102 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20010212 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: INSPIRE PHARMACEUTICALS INC CENTRAL INDEX KEY: 0001040416 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] IRS NUMBER: 043209022 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-60379 FILM NUMBER: 1534864 BUSINESS ADDRESS: STREET 1: 4222 EMPEROR BLVD STE 470 CITY: DURHAM STATE: NC ZIP: 27703 BUSINESS PHONE: 9199419777 MAIL ADDRESS: STREET 1: 4222 EMPEROR BLVD CITY: DURHAM STATE: NC ZIP: 277038466 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: INTERWEST PARTNERS VII L P CENTRAL INDEX KEY: 0001081736 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 943319533 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 3000 SAND HILL RD 3-255 CITY: MENLO PARK STATE: CA ZIP: 94025 BUSINESS PHONE: 6508548585 SC 13G 1 0001.txt FORM SC 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 Inspire Pharmaceuticals, Inc. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock - -------------------------------------------------------------------------------- (Title of Class of Securities) 457733 10 3 - -------------------------------------------------------------------------------- (CUSIP Number) 12-31-2000 - -------------------------------------------------------------------------------- (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). Page 1 of 17 pages
- ----------------------------------------------- ----------------------------------- 13G CUSIP No. 457733 10 3 Page 2 of 17 Pages ----------- - ----------------------------------------------- ----------------------------------- - ---------- ------------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS InterWest Partners VII, LP - ---------- ------------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| - ---------- ------------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ---------- ------------------------------------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION California - ------------------------------ -------- -------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF 1,633,054 SHARES -------- -------------------------------------------------------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY EACH REPORTING 0 PERSON WITH -------- -------------------------------------------------------------------------------- 7 SOLE DISPOSITIVE POWER 1,633,054 -------- -------------------------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 0 - ------------------------------ -------- -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,633,054 - ---------- ------------------------------------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* - ---------- ------------------------------------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.4% - ---------- ------------------------------------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN - ---------- ------------------------------------------------------------------------------------------------------------- *See Instruction Before Filling Out!
Page 2 of 17 pages
- ----------------------------------------------- ----------------------------------- 13G CUSIP No. 457733 10 3 Page 3 of 17 Pages ------------ - ----------------------------------------------- ----------------------------------- - ---------- ------------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS InterWest Investors VII, LP - ---------- ------------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| - ---------- ------------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ---------- ------------------------------------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION California - ---------- ------------------------------------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF 74,089 SHARES -------- -------------------------------------------------------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY EACH REPORTING 0 PERSON WITH -------- -------------------------------------------------------------------------------- 7 SOLE DISPOSITIVE POWER 74,089 -------- -------------------------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 0 - ---------- ------------------------------------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 74,089 - ---------- ------------------------------------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* - ---------- ------------------------------------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.3% - ---------- ------------------------------------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN - ---------- ------------------------------------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT!
Page 3 of 17 pages
- ----------------------------------------------- ----------------------------------- 13G CUSIP No. 457733 10 3 Page 4 of 17 Pages ------------ - ----------------------------------------------- ----------------------------------- - ---------- ------------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS InterWest Management Partners VII, LLC (the general partner of InterWest Partners VII, LP and InterWest Investors VII, LP) - ---------- ------------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| - ---------- ------------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ---------- ------------------------------------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION California - ------------------------------ -------- -------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF 1,707,143 SHARES -------- -------------------------------------------------------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY EACH REPORTING 0 PERSON WITH -------- -------------------------------------------------------------------------------- 7 SOLE DISPOSITIVE POWER 1,707,143 -------- -------------------------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 0 - ---------- ------------------------------------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,707,143 - ---------- ------------------------------------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* - ---------- ------------------------------------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.7% - ---------- ------------------------------------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN - ---------- ------------------------------------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT!
Page 4 of 17 pages
- ----------------------------------------------- ----------------------------------- 13G CUSIP No. 457733 10 3 Page 5 of 17 Pages ----------- - ----------------------------------------------- ----------------------------------- - ---------- ------------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Stephen C. Bowsher (a Venture Member of InterWest Management Partners VII, LLC) - ---------- ------------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| - ---------- ------------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ---------- ------------------------------------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - ------------------------------ -------- -------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF 0 SHARES -------- -------------------------------------------------------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY EACH REPORTING 1,707,143 PERSON WITH -------- -------------------------------------------------------------------------------- 7 SOLE DISPOSITIVE POWER 0 -------- -------------------------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 1,707,143 - ---------- ------------------------------------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,707,143 - ---------- ------------------------------------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* - ---------- ------------------------------------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.7% - ---------- ------------------------------------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - ---------- ------------------------------------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT
Page 5 of 17 pages
- ----------------------------------------------- ----------------------------------- 13G CUSIP No. 457733 10 3 Page 6 of 17 Pages ----------- - ----------------------------------------------- ----------------------------------- - ---------- ------------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Harvey B. Cash (a Managing Director of InterWest Management Partners VII, LLC) - ---------- ------------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| - ---------- ------------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ---------- ------------------------------------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - ------------------------------ -------- -------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF 0 SHARES -------- -------------------------------------------------------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY EACH REPORTING 1,707,143 PERSON WITH -------- -------------------------------------------------------------------------------- 7 SOLE DISPOSITIVE POWER 0 -------- -------------------------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 1,707,143 - ---------- ------------------------------------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,707,143 - ---------- ------------------------------------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* - ---------- ------------------------------------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.7% - ---------- ------------------------------------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - ---------- ------------------------------------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT!
Page 6 of 17 pages
- ----------------------------------------------- ----------------------------------- 13G CUSIP No. 457733 10 3 Page 7 of 17 Pages ----------- - ----------------------------------------------- ----------------------------------- - ---------- ------------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Alan W. Crites (a Managing Director of InterWest Management Partners VII, LLC) - ---------- ------------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| - ---------- ------------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ---------- ------------------------------------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - ------------------------------ -------- -------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF 2,400 SHARES -------- -------------------------------------------------------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY EACH REPORTING 1,707,143 PERSON WITH -------- -------------------------------------------------------------------------------- 7 SOLE DISPOSITIVE POWER 2,400 -------- -------------------------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 1,707,143 - ---------- ------------------------------------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,709,543 - ---------- ------------------------------------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* - ---------- ------------------------------------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.7% - ---------- ------------------------------------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - ---------- ------------------------------------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT!
Page 7 of 17 pages
- ----------------------------------------------- ----------------------------------- 13G CUSIP No. 457733 10 3 Page 8 of 17 Pages ------------ - ----------------------------------------------- ----------------------------------- - ---------- ------------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Philip T. Gianos (a Managing Director of InterWest Management Partners VII, LLC) - ---------- ------------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| - ---------- ------------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ---------- ------------------------------------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - ------------------------------ -------- -------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF 0 SHARES -------- -------------------------------------------------------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY EACH REPORTING 1,707,143 PERSON WITH -------- -------------------------------------------------------------------------------- 7 SOLE DISPOSITIVE POWER 0 -------- -------------------------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 1,707,143 - ---------- ------------------------------------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,707,143 - ---------- ------------------------------------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* - ---------- ------------------------------------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.7% - ---------- ------------------------------------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - ---------- ------------------------------------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT!
Page 8 of 17 pages
- ----------------------------------------------- ----------------------------------- 13G CUSIP No. 457733 10 3 Page 9 of 17 Pages ----------- - ----------------------------------------------- ----------------------------------- - ---------- ------------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS W. Scott Hedrick (a Managing Director of InterWest Management Partners VII, LLC) - ---------- ------------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| - ---------- ------------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ---------- ------------------------------------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - ------------------------------ -------- -------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF 0 SHARES -------- -------------------------------------------------------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY EACH REPORTING 1,707,143 PERSON WITH -------- -------------------------------------------------------------------------------- 7 SOLE DISPOSITIVE POWER 0 -------- -------------------------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 1,707,143 - ---------- ------------------------------------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,707,143 - ---------- ------------------------------------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* - ---------- ------------------------------------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.7% - ---------- ------------------------------------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - ---------- ------------------------------------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT!
Page 9 of 17 pages
- ----------------------------------------------- ----------------------------------- 13G CUSIP No. 457733 10 3 Page 10 of 17 Pages ----------- - ----------------------------------------------- ----------------------------------- - ---------- ------------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS W. Stephen Holmes (a Managing Director of InterWest Management Partners VII, LLC) - ---------- ------------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| - ---------- ------------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ---------- ------------------------------------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - ------------------------------ -------- -------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF 0 SHARES -------- -------------------------------------------------------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY EACH REPORTING 1,707,143 PERSON WITH -------- -------------------------------------------------------------------------------- 7 SOLE DISPOSITIVE POWER 0 -------- -------------------------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 1,707,143 - ---------- ------------------------------------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,707,143 - ---------- ------------------------------------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* - ---------- ------------------------------------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.7% - ---------- ------------------------------------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - ---------- ------------------------------------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT!
Page 10 of 17 pages
- ----------------------------------------------- ----------------------------------- 13G CUSIP No. 457733 10 3 Page 11 of 17 Pages ----------- - ----------------------------------------------- ----------------------------------- - ---------- ------------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Gilbert H. Kliman (a Managing Director of InterWest Management Partners VII, LLC) - ---------- ------------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| - ---------- ------------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ---------- ------------------------------------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - ------------------------------ -------- -------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF 0 SHARES -------- -------------------------------------------------------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY EACH REPORTING 1,707,143 PERSON WITH -------- -------------------------------------------------------------------------------- 7 SOLE DISPOSITIVE POWER 0 -------- -------------------------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 1,707,143 - ------------------------------ -------- -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,707,143 - ---------- ------------------------------------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* - ---------- ------------------------------------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.7% - ---------- ------------------------------------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - ---------- ------------------------------------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT!
Page 11 of 17 pages
- ----------------------------------------------- ----------------------------------- 13G CUSIP No. 457733 10 3 Page 12 of 17 Pages ----------- - ----------------------------------------------- ----------------------------------- - ---------- ------------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Arnold L. Oronsky (a Managing Director of InterWest Management Partners VII, LLC) - ---------- ------------------------------------------------------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group* (a) |_| (b) |X| - ---------- ------------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ---------- ------------------------------------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - ------------------------------ -------- -------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF 0 SHARES -------- -------------------------------------------------------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY EACH REPORTING 1,707,143 PERSON WITH -------- -------------------------------------------------------------------------------- 7 SOLE DISPOSITIVE POWER 0 -------- -------------------------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 1,707,143 - ---------- ------------------------------------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,707,143 - ---------- ------------------------------------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* - ---------- ------------------------------------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.7% - ---------- ------------------------------------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - ---------- ------------------------------------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT!
Page 12 of 17 pages
- ----------------------------------------------- ----------------------------------- 13G CUSIP No. 457733 10 3 Page 13 of 17 Pages ----------- - ----------------------------------------------- ----------------------------------- - ---------- ------------------------------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Thomas L. Rosch (a Managing Director of InterWest Management Partners VII, LLC) - ---------- ------------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |X| - ---------- ------------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ---------- ------------------------------------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - ------------------------------ -------- -------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF 1,000 SHARES -------- -------------------------------------------------------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY EACH REPORTING 1,707,143 PERSON WITH -------- -------------------------------------------------------------------------------- 7 SOLE DISPOSITIVE POWER 1,000 -------- -------------------------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 1,707,143 - ------------------------------ -------- -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,708,143 - ---------- ------------------------------------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* - ---------- ------------------------------------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.7% - ---------- ------------------------------------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - ---------- ------------------------------------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT!
Page 13 of 17 pages Item 1. (a) Name of Issuer: Inspire Pharmaceuticals, Inc. ("Issuer") (b) Address of Issuer's Principal Executive Offices: 4222 Emperor Blvd., Suite 470 Durham, NC 27703 Item 2. (a) Name of Person(s) Filing: InterWest Partners VII, LP ("IWP VII") InterWest Investors VII, LP ("II VII") InterWest Management Partners VII, LLC ("IMP VII") Stephen C. Bowsher ("Bowsher") Harvey B. Cash ("Cash") Alan W. Crites ("Crites") Philip T. Gianos ("Gianos") W. Scott Hedrick ("Hedrick") W. Stephen Holmes ("Holmes") Gilbert H. Kliman ("Kliman") Arnold L. Oronsky ("Oronsky") Thomas L. Rosch ("Rosch") (b) Address of Principal Business Office or, if none, Residence: 3000 Sand Hill Road Building 3, Suite 255 Menlo Park, CA 94025 (c) Citizenship/Place of Organization: IWP VII: California II VII: California IMP VII: California Bowsher: United States Cash: United States Crites: United States Gianos: United States Hedrick: United States Holmes: United States Kliman: United States Oronsky: United States Rosch: United States (d) Title of Class of Securities: Common Stock (e) CUSIP Number: 457733 10 3 Item 3. Not applicable. Page 14 of 17 pages Item 4. Ownership.
======= ============= ========== ============ ============= ============= ============== ============= Other IWP VII II VII IMP VII Crites Rosch Individuals * - ------- ------------- ---------- ------------ ------------- ------------- -------------- ------------- (a) Beneficial Ownership 1,633,054 74,089 1,707,143 1,709,543 1,708,143 1,707,143 - ------- ------------- ---------- ------------ ------------- ------------- -------------- ------------- (b) Percentage of Class 6.4% 0.3% 6.7% 6.7% 6.7% 6.7% - ------- ------------- ---------- ------------ ------------- ------------- -------------- ------------- (c) Sole Voting Power 1,633,054 74,089 1,707,143 2,400 1,000 0 - ------- ------------- ---------- ------------ ------------- ------------- -------------- ------------- Shared Voting Power 0 0 0 1,707,143 1,707,143 1,707,143 - ------- ------------- ---------- ------------ ------------- ------------- -------------- ------------- Sole Dispositive Power 1,633,054 74,089 1,707,143 2,400 1,000 0 - ------- ------------- ---------- ------------ ------------- ------------- -------------- ------------- Shared Dispositive Power 0 0 0 1,707,143 1,707,143 1,707,143 ======= ============= ========== ============ ============= ============= ============== ============= *Individuals included in this column are Cash, Gianos, Hedrick, Holmes, Kliman and Oronsky, all of whom are Managing Directors of IMP VII. Also included in this column is Bowsher who is a Venture Member of IMP VII.
Item 5. Ownership of Five Percent or Less of a Class Not applicable. Item 6. Ownership of More than Five Percent on Behalf of Another Person Under certain circumstances set forth in the partnership agreement of IMP VII, the general partners and/or limited partners of such partnership have the right to receive dividends from, or the proceeds from the sale of, the Common Stock of Issuer beneficially owned by such Partnership. 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 No reporting person is a member of a group as defined in section 240.13d-1(b)(1)(iii)(H) of the Act. Item 9. Notice of Dissolution of Group Not applicable. Item 10. Certification Not applicable EXHIBITS A. Joint Filing Statement Page 15 of 17 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. Date: February ____, 2001
INTERWEST PARTNERS VII, LP By: InterWest Management Partners VII, LLC -------------------------------------------- Stephen C. Bowsher By: ------------------------------------------ Managing Director -------------------------------------------- Harvey B. Cash INTERWEST INVESTORS VII, LP -------------------------------------------- By: InterWest Management Partners VII, LLC Alan W. Crites By: ------------------------------------------ -------------------------------------------- Managing Director Philip T. Gianos INTERWEST MANAGEMENT PARTNERS VII, LLC -------------------------------------------- W. Scott Hedrick By: ---------------------------------------------- Managing Director -------------------------------------------- W. Stephen Holmes -------------------------------------------- Gilbert H. Kliman -------------------------------------------- Arnold L. Oronsky -------------------------------------------- Thomas L. Rosch
Page 16 of 17 pages EXHIBIT A We, the undersigned, hereby express our agreement that the attached Schedule 13G is filed on behalf of each of us. Date: February ____, 2001
INTERWEST PARTNERS VII, LP By: InterWest Management Partners VII, LLC -------------------------------------------- Stephen C. Bowsher By: ------------------------------------------ Managing Director -------------------------------------------- Harvey B. Cash INTERWEST INVESTORS VII, LP -------------------------------------------- By: InterWest Management Partners VII, LLC Alan W. Crites By: ------------------------------------------ -------------------------------------------- Managing Director Philip T. Gianos INTERWEST MANAGEMENT PARTNERS VII, LLC -------------------------------------------- W. Scott Hedrick By: ---------------------------------------------- Managing Director -------------------------------------------- W. Stephen Holmes -------------------------------------------- Gilbert H. Kliman -------------------------------------------- Arnold L. Oronsky -------------------------------------------- Thomas L. Rosch
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