-----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, CuN2mMG1PM86Yv7UCcDKc67/Zq629ApAoK9sSqlNQR+bSD1Iy5LE58/iC63Sy/Mw uq7IjOhzNQak/6apGlOotQ== 0000950123-11-009133.txt : 20110204 0000950123-11-009133.hdr.sgml : 20110204 20110204130804 ACCESSION NUMBER: 0000950123-11-009133 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20110204 DATE AS OF CHANGE: 20110204 GROUP MEMBERS: ARNOLD L. ORONSKY GROUP MEMBERS: BRUCE A. CLEVELAND GROUP MEMBERS: CHRISTOPHER B. EHRLICH GROUP MEMBERS: DOUGLAS A. PEPPER GROUP MEMBERS: GILBERT H. KLIMAN GROUP MEMBERS: HARVEY B. CASH GROUP MEMBERS: INTERWEST MANAGEMENT PARTNERS IX, LLC GROUP MEMBERS: KHALED A. NASR GROUP MEMBERS: LINDA S. GRAIS GROUP MEMBERS: MICHAEL B. SWEENEY GROUP MEMBERS: NINA S. KJELLSON GROUP MEMBERS: PHILIP T. GIANOS GROUP MEMBERS: THOMAS L. ROSCH GROUP MEMBERS: W. STEPHEN HOLMES III SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Transcept Pharmaceuticals Inc CENTRAL INDEX KEY: 0001178711 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] IRS NUMBER: 330960223 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-81821 FILM NUMBER: 11573619 BUSINESS ADDRESS: STREET 1: 1003 W. CUTTING BLVD STREET 2: SUITE 110 CITY: POINT RICHMOND STATE: CA ZIP: 94804 BUSINESS PHONE: (510) 215-3500 MAIL ADDRESS: STREET 1: 1003 W. CUTTING BLVD STREET 2: SUITE 110 CITY: POINT RICHMOND STATE: CA ZIP: 94804 FORMER COMPANY: FORMER CONFORMED NAME: NOVACEA INC DATE OF NAME CHANGE: 20020724 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: InterWest Partners IX, LP CENTRAL INDEX KEY: 0001398928 IRS NUMBER: 202312479 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 2710 SAND HILL ROAD STREET 2: SECOND FLOOR CITY: MENLO PARK STATE: CA ZIP: 94025 BUSINESS PHONE: 650-854-8585 MAIL ADDRESS: STREET 1: 2710 SAND HILL ROAD STREET 2: SECOND FLOOR CITY: MENLO PARK STATE: CA ZIP: 94025 SC 13G/A 1 f58039bsc13gza.htm SC 13G/A sc13gza
     
 
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934
(AMENDMENT NO 1)*

Transcept Pharmaceuticals, INC.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
89354 M 10 6
(CUSIP Number)
December 31, 2010
(Date of Event which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

     o Rule 13d-1(b)

     o Rule 13d-1(c)

     þ 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).

 
 


 

                     
CUSIP No.
 
89354 M 10 6 
13G  
 
     
Page 2 of 21 Pages 

 

           
1   NAME OF REPORTING PERSONS

InterWest Partners IX, LP

I.R.S. IDENTIFICATION NO(S). OF ABOVE PERSON(S) (ENTITIES ONLY)
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)   o
  (b)   o
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  California
       
  5   SOLE VOTING POWER
     
NUMBER OF   1,251,808
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0
       
REPORTING 7   SOLE DISPOSITIVE POWER
PERSON    
WITH   1,251,808
       
8   SHARED DISPOSITIVE POWER
     
    0
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  1,251,808
     
10   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES:
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  9.3%
     
12   TYPE OF REPORTING PERSON
   
  PN

Page 2 of 21 Pages


 

                     
CUSIP No.
 
89354 M 10 6 
13G  
 
     
Page 3 of 21 Pages 

 

           
1   NAME OF REPORTING PERSONS

InterWest Management Partners IX, LLC (the General Partner of InterWest Partners IX, LP)

I.R.S. IDENTIFICATION NO(S). OF ABOVE PERSON(S) (ENTITIES ONLY)
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)   o
  (b)   o
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  California
       
  5   SOLE VOTING POWER
     
NUMBER OF   1,251,808
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0
       
REPORTING 7   SOLE DISPOSITIVE POWER
PERSON    
WITH   1,251,808
       
8   SHARED DISPOSITIVE POWER
     
    0
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  1,251,808
     
10   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES:
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  9.3%
     
12   TYPE OF REPORTING PERSON
   
  OO

Page 3 of 21 Pages


 

                     
CUSIP No.
 
89354 M 10 6 
13G  
 
     
Page 4 of 21 Pages 

 

           
1   NAME OF REPORTING PERSONS

Harvey B. Cash (a Managing Director of InterWest Management Partners IX, LLC)

I.R.S. IDENTIFICATION NO(S). OF ABOVE PERSON(S) (ENTITIES ONLY)
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)   o
  (b)   o
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  United States
       
  5   SOLE VOTING POWER
     
NUMBER OF   0
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   1,251,808
       
REPORTING 7   SOLE DISPOSITIVE POWER
PERSON    
WITH   0
       
8   SHARED DISPOSITIVE POWER
     
    1,251,808
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  1,251,808
     
10   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES:
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  9.3%
     
12   TYPE OF REPORTING PERSON
   
  IN
Neither the filing of this statement on Schedule 13G nor any of its contents shall be deemed to constitute an admission by Harvey B. Cash that he is the beneficial owner of any of the Common Stock referred to herein for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, or for any other purpose, and such beneficial ownership is expressly disclaimed, except to the extent of his pecuniary interest.

Page 4 of 21 Pages


 

                     
CUSIP No.
 
89354 M 10 6 
13G  
 
     
Page 5 of 21 Pages 

 

           
1   NAME OF REPORTING PERSONS

Bruce A. Cleveland (a Venture Member of InterWest Management Partners IX, LLC)

I.R.S. IDENTIFICATION NO(S). OF ABOVE PERSON(S) (ENTITIES ONLY)
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)   o
  (b)   o
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  United States
       
  5   SOLE VOTING POWER
     
NUMBER OF   0
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   1,251,808
       
REPORTING 7   SOLE DISPOSITIVE POWER
PERSON    
WITH   0
       
8   SHARED DISPOSITIVE POWER
     
    1,251,808
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  1,251,808
     
10   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES:
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  9.3%
     
12   TYPE OF REPORTING PERSON
   
  IN
Neither the filing of this statement on Schedule 13G nor any of its contents shall be deemed to constitute an admission by Bruce A. Cleveland that he is the beneficial owner of any of the Common Stock referred to herein for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, or for any other purpose, and such beneficial ownership is expressly disclaimed, except to the extent of his pecuniary interest.

Page 5 of 21 Pages


 

                     
CUSIP No.
 
89354 M 10 6 
13G  
 
     
Page 6 of 21 Pages 

 

           
1   NAME OF REPORTING PERSONS

Christopher B. Ehrlich (a Venture Member of InterWest Management Partners IX, LLC)

I.R.S. IDENTIFICATION NO(S). OF ABOVE PERSON(S) (ENTITIES ONLY)
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)   o
  (b)   o
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  United States
       
  5   SOLE VOTING POWER
     
NUMBER OF   12,844
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   1,251,808
       
REPORTING 7   SOLE DISPOSITIVE POWER
PERSON    
WITH   12,844
       
8   SHARED DISPOSITIVE POWER
     
    1,251,808
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  1,264,652
     
10   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES:
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  9.4%
     
12   TYPE OF REPORTING PERSON
   
  IN
Neither the filing of this statement on Schedule 13G nor any of its contents shall be deemed to constitute an admission by Christopher B. Ehrlich that he is the beneficial owner of any of the Common Stock referred to herein for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, or for any other purpose, and such beneficial ownership is expressly disclaimed, except to the extent of his pecuniary interest.

Page 6 of 21 Pages


 

                     
CUSIP No.
 
89354 M 10 6 
13G  
 
     
Page 7 of 21 Pages 

 

           
1   NAME OF REPORTING PERSONS

Philip T. Gianos (a Managing Director of InterWest Management Partners IX, LLC)

I.R.S. IDENTIFICATION NO(S). OF ABOVE PERSON(S) (ENTITIES ONLY)
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)   o
  (b)   o
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  United States
       
  5   SOLE VOTING POWER
     
NUMBER OF   0
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   1,251,808
       
REPORTING 7   SOLE DISPOSITIVE POWER
PERSON    
WITH   0
       
8   SHARED DISPOSITIVE POWER
     
    1,251,808
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  1,251,808
     
10   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES:
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  9.3%
     
12   TYPE OF REPORTING PERSON
   
  IN
Neither the filing of this statement on Schedule 13G nor any of its contents shall be deemed to constitute an admission by Philip T. Gianos that he is the beneficial owner of any of the Common Stock referred to herein for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, or for any other purpose, and such beneficial ownership is expressly disclaimed, except to the extent of his pecuniary interest.

Page 7 of 21 Pages


 

                     
CUSIP No.
 
89354 M 10 6 
13G  
 
     
Page 8 of 21 Pages 

 

           
1   NAME OF REPORTING PERSONS

Linda S. Grais (a Venture Member of InterWest Management Partners IX, LLC)

I.R.S. IDENTIFICATION NO(S). OF ABOVE PERSON(S) (ENTITIES ONLY)
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)   o
  (b)   o
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  United States
       
  5   SOLE VOTING POWER
     
NUMBER OF   0
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   1,251,808
       
REPORTING 7   SOLE DISPOSITIVE POWER
PERSON    
WITH   0
       
8   SHARED DISPOSITIVE POWER
     
    1,251,808
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  1,251,808
     
10   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES:
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  9.3%
     
12   TYPE OF REPORTING PERSON
   
  IN
Neither the filing of this statement on Schedule 13G nor any of its contents shall be deemed to constitute an admission by Linda S. Grais that she is the beneficial owner of any of the Common Stock referred to herein for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, or for any other purpose, and such beneficial ownership is expressly disclaimed, except to the extent of his pecuniary interest.

Page 8 of 21 Pages


 

                     
CUSIP No.
 
89354 M 10 6 
13G  
 
     
Page 9 of 21 Pages 

 

           
1   NAME OF REPORTING PERSONS

W. Stephen Holmes III (a Managing Director of InterWest Management Partners IX, LLC)

I.R.S. IDENTIFICATION NO(S). OF ABOVE PERSON(S) (ENTITIES ONLY)
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)   o
  (b)   o
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  United States
       
  5   SOLE VOTING POWER
     
NUMBER OF   0
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   1,251,808
       
REPORTING 7   SOLE DISPOSITIVE POWER
PERSON    
WITH   0
       
8   SHARED DISPOSITIVE POWER
     
    1,251,808
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  1,251,808
     
10   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES:
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  9.3%
     
12   TYPE OF REPORTING PERSON
   
  IN
Neither the filing of this statement on Schedule 13G nor any of its contents shall be deemed to constitute an admission by W. Stephen Holmes III that he is the beneficial owner of any of the Common Stock referred to herein for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, or for any other purpose, and such beneficial ownership is expressly disclaimed, except to the extent of his pecuniary interest.

Page 9 of 21 Pages


 

                     
CUSIP No.
 
89354 M 10 6 
13G  
 
     
Page 10 of 21 Pages 

 

           
1   NAME OF REPORTING PERSONS

Nina S. Kjellson (a Venture Member of InterWest Management Partners IX, LLC)

I.R.S. IDENTIFICATION NO(S). OF ABOVE PERSON(S) (ENTITIES ONLY)
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)   o
  (b)   o
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  United States
       
  5   SOLE VOTING POWER
     
NUMBER OF   0
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   1,251,808
       
REPORTING 7   SOLE DISPOSITIVE POWER
PERSON    
WITH   0
       
8   SHARED DISPOSITIVE POWER
     
    1,251,808
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  1,251,808
     
10   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES:
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  9.3%
     
12   TYPE OF REPORTING PERSON
   
  IN
Neither the filing of this statement on Schedule 13G nor any of its contents shall be deemed to constitute an admission by Nina S. Kjellson that she is the beneficial owner of any of the Common Stock referred to herein for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, or for any other purpose, and such beneficial ownership is expressly disclaimed, except to the extent of his pecuniary interest.

Page 10 of 21 Pages


 

                     
CUSIP No.
 
89354 M 10 6 
13G  
 
     
Page 11 of 21 Pages 

 

           
1   NAME OF REPORTING PERSONS

Gilbert H. Kliman (a Managing Director of InterWest Management Partners IX, LLC)

I.R.S. IDENTIFICATION NO(S). OF ABOVE PERSON(S) (ENTITIES ONLY)
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)   o
  (b)   o
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  United States
       
  5   SOLE VOTING POWER
     
NUMBER OF   0
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   1,251,808
       
REPORTING 7   SOLE DISPOSITIVE POWER
PERSON    
WITH   0
       
8   SHARED DISPOSITIVE POWER
     
    1,251,808
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  1,251,808
     
10   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES:
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  9.3%
     
12   TYPE OF REPORTING PERSON
   
  IN
Neither the filing of this statement on Schedule 13G nor any of its contents shall be deemed to constitute an admission by Gilbert H. Kliman that he is the beneficial owner of any of the Common Stock referred to herein for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, or for any other purpose, and such beneficial ownership is expressly disclaimed, except to the extent of his pecuniary interest.

Page 11 of 21 Pages


 

                     
CUSIP No.
 
89354 M 10 6 
13G  
 
     
Page 12 of 21 Pages 

 

           
1   NAME OF REPORTING PERSONS

Khaled A. Nasr (a Venture Member of InterWest Management Partners IX, LLC)

I.R.S. IDENTIFICATION NO(S). OF ABOVE PERSON(S) (ENTITIES ONLY)
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)   o
  (b)   o
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  United States
       
  5   SOLE VOTING POWER
     
NUMBER OF   0
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   1,251,808
       
REPORTING 7   SOLE DISPOSITIVE POWER
PERSON    
WITH   0
       
8   SHARED DISPOSITIVE POWER
     
    1,251,808
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  1,251,808
     
10   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES:
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  9.3%
     
12   TYPE OF REPORTING PERSON
   
  IN
Neither the filing of this statement on Schedule 13G nor any of its contents shall be deemed to constitute an admission by Khaled A. Nasr that he is the beneficial owner of any of the Common Stock referred to herein for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, or for any other purpose, and such beneficial ownership is expressly disclaimed, except to the extent of his pecuniary interest.

Page 12 of 21 Pages


 

                     
CUSIP No.
 
89354 M 10 6 
13G  
 
     
Page 13 of 21 Pages 

 

           
1   NAME OF REPORTING PERSONS

Arnold L. Oronsky (a Managing Director of InterWest Management Partners IX, LLC)

I.R.S. IDENTIFICATION NO(S). OF ABOVE PERSON(S) (ENTITIES ONLY)
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)   o
  (b)   o
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  United States
       
  5   SOLE VOTING POWER
     
NUMBER OF   0
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   1,251,808
       
REPORTING 7   SOLE DISPOSITIVE POWER
PERSON    
WITH   0
       
8   SHARED DISPOSITIVE POWER
     
    1,251,808
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  1,251,808
     
10   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES:
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  9.3%
     
12   TYPE OF REPORTING PERSON
   
  IN
Neither the filing of this statement on Schedule 13G nor any of its contents shall be deemed to constitute an admission by Arnold L. Oronsky that he is the beneficial owner of any of the Common Stock referred to herein for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, or for any other purpose, and such beneficial ownership is expressly disclaimed, except to the extent of his pecuniary interest.

Page 13 of 21 Pages


 

                     
CUSIP No.
 
89354 M 10 6 
13G  
 
     
Page 14 of 21 Pages 

 

           
1   NAME OF REPORTING PERSONS

Douglas A. Pepper (a Venture Member of InterWest Management Partners IX, LLC)

I.R.S. IDENTIFICATION NO(S). OF ABOVE PERSON(S) (ENTITIES ONLY)
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)   o
  (b)   o
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  United States
       
  5   SOLE VOTING POWER
     
NUMBER OF   0
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   1,251,808
       
REPORTING 7   SOLE DISPOSITIVE POWER
PERSON    
WITH   0
       
8   SHARED DISPOSITIVE POWER
     
    1,251,808
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  1,251,808
     
10   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES:
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  9.3%
     
12   TYPE OF REPORTING PERSON
   
  IN
Neither the filing of this statement on Schedule 13G nor any of its contents shall be deemed to constitute an admission by Douglas A. Pepper that he is the beneficial owner of any of the Common Stock referred to herein for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, or for any other purpose, and such beneficial ownership is expressly disclaimed, except to the extent of his pecuniary interest.

Page 14 of 21 Pages


 

                     
CUSIP No.
 
89354 M 10 6 
13G  
 
     
Page 15 of 21 Pages 

 

           
1   NAME OF REPORTING PERSONS

Thomas L. Rosch (a Managing Director of InterWest Management Partners IX, LLC)

I.R.S. IDENTIFICATION NO(S). OF ABOVE PERSON(S) (ENTITIES ONLY)
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)   o
  (b)   o
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  United States
       
  5   SOLE VOTING POWER
     
NUMBER OF   0
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   1,251,808
       
REPORTING 7   SOLE DISPOSITIVE POWER
PERSON    
WITH   0
       
8   SHARED DISPOSITIVE POWER
     
    1,251,808
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  1,251,808
     
10   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES:
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  9.3%
     
12   TYPE OF REPORTING PERSON
   
  IN
Neither the filing of this statement on Schedule 13G nor any of its contents shall be deemed to constitute an admission by Thomas L. Rosch that he is the beneficial owner of any of the Common Stock referred to herein for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, or for any other purpose, and such beneficial ownership is expressly disclaimed, except to the extent of his pecuniary interest.

Page 15 of 21 Pages


 

                     
CUSIP No.
 
89354 M 10 6 
13G  
 
     
Page 16 of 21 Pages 

 

           
1   NAME OF REPORTING PERSONS

Michael B. Sweeney (a Managing Director of InterWest Management Partners IX, LLC)

I.R.S. IDENTIFICATION NO(S). OF ABOVE PERSON(S) (ENTITIES ONLY)
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)   o
  (b)   o
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  United States
       
  5   SOLE VOTING POWER
     
NUMBER OF   0
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   1,251,808
       
REPORTING 7   SOLE DISPOSITIVE POWER
PERSON    
WITH   0
       
8   SHARED DISPOSITIVE POWER
     
    1,251,808
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  1,251,808
     
10   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES:
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  9.3%
     
12   TYPE OF REPORTING PERSON
   
  IN
Neither the filing of this statement on Schedule 13G nor any of its contents shall be deemed to constitute an admission by Michael B. Sweeney that he is the beneficial owner of any of the Common Stock referred to herein for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, or for any other purpose, and such beneficial ownership is expressly disclaimed, except to the extent of his pecuniary interest.

Page 16 of 21 Pages


 

ITEM 1.
(a)   NAME OF ISSUER : Transcept Pharmaceuticals, Inc.
 
(b)   ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICE:
 
    1003 W. CUTTING BLVD, SUITE 110, POINT RICHMOND CA 94804
ITEM 2.
(a)   NAME OF PERSON(S) FILING:
InterWest Partners IX, LP (“IWP IX”)
InterWest Management Partners IX, LLC (“IMP IX”)
Harvey B. Cash (“Cash”)
Bruce A. Cleveland (“Cleveland”)
Christopher B. Ehrlich (“Ehrlich”)
Philip T. Gianos (“Gianos”)
Linda S. Grais (“Grais”)
W. Stephen Holmes III (“Holmes”)
Nina S. Kjellson (“Kjellson”)
Gilbert H. Kliman (“Kliman”)
Khaled A. Nasr (“Nasr”)
Arnold L. Oronsky (“Oronsky”)
Douglas A. Pepper (“Pepper”)
Thomas L. Rosch (“Rosch”)
Michael B. Sweeney (“Sweeney”)
(b)   ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
 
    2710 Sand Hill Road, Second Floor, Menlo Park, CA 94025
 
(c)   CITIZENSHIP/PLACE OF ORGANIZATION:
         
 
  IWP IX:   California
 
  IMP IX:   California
 
  Cash:   United States
 
  Cleveland:   United States
 
  Ehrlich:   United States
 
  Gianos:   United States
 
  Grais:   United States
 
  Holmes:   United States
 
  Kjellson:   United States
 
  Kliman:   United States
 
  Nasr:   United States
 
  Oronsky:   United States
 
  Pepper:   United States
 
  Rosch:   United States
 
  Sweeney:   United States

Page 17 of 21 Pages


 

(d)   TITLE OF CLASS OF SECURITIES: Common Stock
 
(e)   CUSIP NUMBER: 89354 M 10 6
ITEM 3. NOT APPLICABLE.
ITEM 4. OWNERSHIP.
                                         
    IWP IX   IMP IX (1)   Cash (2)   Cleveland (2)   Ehrlich (2) **
Beneficial Ownership
    1,251,808       1,251,808       1,251,808       1,251,808       1,264,652  
Percentage of Class
    9.3 %     9.3 %     9.3 %     9.3 %     9.4 %
Sole Voting Power
    1,251,808       1,251,808       0       0       12,844  
Shared Voting Power
    0       0       1,251,808       1,251,808       1,251,808  
Sole Dispositive Power
    1,251,808       1,251,808       0       0       12,844  
Shared Dispositive Power
    0       0       1,251,808       1,251,808       1,251,808  
                                 
    Gianos (2)   Grais (2)   Holmes (2)   Kjellson (2)
Beneficial Ownership
    1,251,808       1,251,808       1,251,808       1,251,808  
Percentage of Class
    9.3 %     9.3 %     9.3 %     9.3 %
Sole Voting Power
    0       0       0       0  
Shared Voting Power
    1,251,808       1,251,808       1,251,808       1,251,808  
Sole Dispositive Power
    0       0       0       0  
Shared Dispositive Power
    1,251,808       1,251,808       1,251,808       1,251,808  
                         
    Kliman (2)   Nasr (2)   Oronsky (2)
Beneficial Ownership
    1,251,808       1,251,808       1,251,808  
Percentage of Class
    9.3 %     9.3 %     9.3 %
Sole Voting Power
    0       0       0  
Shared Voting Power
    1,251,808       1,251,808       1,251,808  
Sole Dispositive Power
    0       0       0  
Shared Dispositive Power
    1,251,808       1,251,808       1,251,808  
                         
    Pepper (2)   Rosch (2)   Sweeney (2)
Beneficial Ownership
    1,251,808       1,251,808       1,251,808  
Percentage of Class
    9.3 %     9.3 %     9.3 %
Sole Voting Power
    0       0       0  
Shared Voting Power
    1,251,808       1,251,808       1,251,808  
Sole Dispositive Power
    0       0       0  
Shared Dispositive Power
    1,251,808       1,251,808       1,251,808  
 
**   Includes 12,844 shares issuable to Ehrlich pursuant to outstanding options exercisable within 60 days of December 31, 2010.
 
(1)   IMP IX is the general partner of IWP IX.
 
(2)   Cash, Gianos, Holmes, Kliman, Oronsky, Rosch, and Sweeney are Managing Directors of IMP IX. Cleveland, Ehrlich, Grais, Kjellson, Nasr, and Pepper are Venture Members of IMP IX.

Page 18 of 21 Pages


 

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 limited liability company operating agreement of IMP IX, the members of such limited liability company have the right to receive dividends from, or the proceeds from the sale of, the common stock of Issuer beneficially owned by such limited liability company.
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 THE GROUP.
Not applicable.
ITEM 10. CERTIFICATION.
Not applicable.
EXHIBITS
Joint Filing Statement attached as Exhibit A.

Page 19 of 21 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 4, 2011

         
     





By:   /s/ Harvey B. Cash      
  Name:   Harvey B. Cash     
       
By:   /s/ Bruce A. Cleveland      
  Name:   Bruce A. Cleveland     
       
By:   /s/ Christopher B. Ehrlich      
  Name:   Christopher B. Ehrlich     
     
By:   /s/ Philip T. Gianos      
  Name:   Philip T. Gianos     
     
By:   /s/ Linda S. Grais      
  Name:   Linda S. Grais     
     
By:   /s/ W. Stephen Holmes      
  Name:   W. Stephen Holmes     
     
By:   /s/ Nina S. Kjellson      
  Name:   Nina S. Kjellson     
     
By:   /s/ Gilbert H. Kliman      
  Name:   Gilbert H. Kliman     
     
By:   /s/ Khaled A. Nasr      
  Name:   Khaled A. Nasr     
     
By:   /s/ Arnold L. Oronsky      
  Name:   Arnold L. Oronsky     
         
INTERWEST PARTNERS IX, LP

By:  InterWest Management Partners IX, LLC
       its General Partner
 
By:   /s/ W. Stephen Holmes      
  Managing Director     
         
INTERWEST MANAGEMENT PARTNERS IX, LLC
 
By:   /s/ W. Stephen Holmes      
  Managing Director     
     
By:   /s/ Douglas A. Pepper      
  Name:   Douglas A. Pepper     
     
By:   /s/ Thomas L. Rosch      
  Name:   Thomas L. Rosch     
     
By:   /s/ Michael B. Sweeney      
  Name:   Michael B. Sweeney     


Page 20 of 21 Pages


 

EXHIBIT A
Joint Filing Statement
We, the undersigned, hereby express our agreement that the attached Schedule 13G is filed on behalf of each of us.
Date: February 4, 2011

         
     





By:   /s/ Harvey B. Cash      
  Name:   Harvey B. Cash     
     
By:   /s/ Bruce A. Cleveland      
  Name:   Bruce A. Cleveland     
     
By:   /s/ Christopher B. Ehrlich      
  Name:   Christopher B. Ehrlich     
     
By:   /s/ Philip T. Gianos      
  Name:   Philip T. Gianos     
     
By:   /s/ Linda S. Grais      
  Name:   Linda S. Grais     
     
By:   /s/ W. Stephen Holmes      
  Name:   W. Stephen Holmes     
     
By:   /s/ Nina S. Kjellson      
  Name:   Nina S. Kjellson     
     
By:   /s/ Gilbert H. Kliman      
  Name:   Gilbert H. Kliman     
     
By:   /s/ Khaled A. Nasr      
  Name:   Khaled A. Nasr     
     
By:   /s/ Arnold L. Oronsky      
  Name:   Arnold L. Oronsky     
         
INTERWEST PARTNERS IX, LP

By:  InterWest Management Partners IX, LLC
       its General Partner
 
By:   /s/ W. Stephen Holmes      
  Managing Director     
         
INTERWEST MANAGEMENT PARTNERS IX, LLC
 
By:   /s/ W. Stephen Holmes      
  Managing Director     
     
By:   /s/ Douglas A. Pepper      
  Name:   Douglas A. Pepper     
     
By:   /s/ Thomas L. Rosch      
  Name:   Thomas L. Rosch     
     
By:   /s/ Michael B. Sweeney      
  Name:   Michael B. Sweeney     


Page 21 of 21 Pages

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