0001144204-15-010137.txt : 20150218 0001144204-15-010137.hdr.sgml : 20150216 20150217162116 ACCESSION NUMBER: 0001144204-15-010137 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20150217 DATE AS OF CHANGE: 20150217 GROUP MEMBERS: GARY J. MORGENTHALER GROUP MEMBERS: GARY R. LITTLE GROUP MEMBERS: HENRY PLAIN GROUP MEMBERS: JASON LETTMANN GROUP MEMBERS: MORGENTHALER MANAGEMENT PARTNERS IX, LLC GROUP MEMBERS: RALPH E. CHRISTOFFERSEN GROUP MEMBERS: REBECCA LYNN GROUP MEMBERS: ROBERT C. BELLAS, JR. GROUP MEMBERS: ROBERT D. PAVEY GROUP MEMBERS: SCOTT D. WALTERS SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: LendingClub Corp CENTRAL INDEX KEY: 0001409970 STANDARD INDUSTRIAL CLASSIFICATION: FINANCE SERVICES [6199] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-88472 FILM NUMBER: 15622842 BUSINESS ADDRESS: STREET 1: 71 STEVENSON ST. STREET 2: 3RD FL. CITY: SAN FRANCISCO STATE: CA ZIP: 94115 BUSINESS PHONE: 415-632-5666 MAIL ADDRESS: STREET 1: 71 STEVENSON ST. STREET 2: 3RD FL. CITY: SAN FRANCISCO STATE: CA ZIP: 94115 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: MORGENTHALER VENTURE PARTNERS IX LP CENTRAL INDEX KEY: 0001439101 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 2710 SAND HILL ROAD STREET 2: SUITE 100 CITY: MENLO PARK STATE: CA ZIP: 94025 BUSINESS PHONE: 650-388-7600 MAIL ADDRESS: STREET 1: 2710 SAND HILL ROAD STREET 2: SUITE 100 CITY: MENLO PARK STATE: CA ZIP: 94025 SC 13G 1 v401513_sc13g.htm SC 13G

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

Schedule 13G
(Rule 13d-102)

 

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1 (b), (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2 (b)

(Amendment No. ___________)*

 

LendingClub Corporation
(Name of Issuer)
 
Common Stock
(Title of Class of Securities)
 
52603A109
(CUSIP Number)
 
December 31, 2014
(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)
xRule 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 disclosures provided in a prior cover page.

 

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

(Continued on following pages)

 

Page 1 of 20

 

Exhibit Index on Page 17

 

 
 

 

CUSIP #52603A109 Page 2 of 20

 

1 NAME OF REPORTING PERSONS          Morgenthaler Venture Partners IX, L.P. (“Morgenthaler IX”)
2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)      ¨      (b)      x

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
28,491,504 shares, except that Morgenthaler Management Partners IX, LLC (“Morgenthaler IX GP”), the general partner of Morgenthaler IX, may be deemed to have sole power to vote these shares, and Robert C. Bellas, Jr. (“Bellas”), Ralph E. Christoffersen (“Christoffersen”), Jason Lettmann (“Lettmann”), Gary R. Little (“Little”), Rebecca Lynn (“Lynn”), Gary J. Morgenthaler (“Morgenthaler”), Robert D. Pavey (“Pavey”), Henry Plain (“Plain”) and Scott D. Walters (“Walters”), the managing members of Morgenthaler IX GP, may be deemed to have shared power to vote these shares.
6 SHARED VOTING POWER
See response to row 5.
7 SOLE DISPOSITIVE POWER
28,491,504 shares, except that Morgenthaler IX GP, the general partner of Morgenthaler IX, may be deemed to have sole power to dispose of these shares, and Bellas, Christoffersen, Lettmann, Little, Lynn, Morgenthaler, Pavey, Plain and Walters, the managing members of Morgenthaler IX GP, may be deemed to have shared power to dispose of these shares.
8 SHARED DISPOSITIVE POWER
See response to row 7.
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON                                                                                                                  28,491,504
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES                                                                                                               ¨
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
                                                                                                                                                         7.9%
12 TYPE OF REPORTING PERSON                                                                                                 PN
       

 
 

 

CUSIP #52603A109 Page 3 of 20

 

1 NAME OF REPORTING PERSONS          Morgenthaler Management Partners IX, LLC (“Morgenthaler IX GP”)
2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)      ¨      (b)      x

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
28,491,504 shares, all of which are directly owned by Morgenthaler Venture Partners IX, L.P. (“Morgenthaler IX”).  Morgenthaler IX GP, the general partner of Morgenthaler IX,  may be deemed to have sole power to vote these shares, and Robert C. Bellas, Jr. (“Bellas”), Ralph E. Christoffersen (“Christoffersen”), Jason Lettmann (“Lettmann”), Gary R. Little (“Little”), Rebecca Lynn (“Lynn”), Gary J. Morgenthaler (“Morgenthaler”), Robert D. Pavey (“Pavey”), Henry Plain (“Plain”) and Scott D. Walters (“Walters”), the managing members of Morgenthaler IX GP, may be deemed to have shared power to vote these shares.
6 SHARED VOTING POWER
See response to row 5.
7 SOLE DISPOSITIVE POWER
28,491,504 shares, all of which are directly owned by Morgenthaler IX.  Morgenthaler IX GP, the general partner of Morgenthaler IX, may be deemed to have sole power to dispose of these shares, and Bellas, Christoffersen, Lettmann, Little, Lynn, Morgenthaler, Pavey, Plain and Walters, the managing members of Morgenthaler IX GP, may be deemed to have shared power to dispose of these shares.
8 SHARED DISPOSITIVE POWER
See response to row 7.
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON                                                                                                                  28,491,504
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES                                                                                                               ¨
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
                                                                                                                                                         7.9%
12 TYPE OF REPORTING PERSON                                                                                                 OO
       

 
 

 

CUSIP #52603A109 Page 4 of 20

 

1 NAME OF REPORTING PERSONS          Robert C. Bellas, Jr. (“Bellas”)
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
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH		 5 SOLE VOTING POWER
- 0 -
6 SHARED VOTING POWER
28,491,504 shares, all of which are directly owned by Morgenthaler Venture Partners IX, L.P. (“Morgenthaler IX”).  Morgenthaler Management Partners IX, LLC (“Morgenthaler IX GP”) is the general partner of Morgenthaler IX, and Bellas, a managing member of Morgenthaler IX GP, may be deemed to have shared power to vote these shares.
7 SOLE DISPOSITIVE POWER
- 0 -
8 SHARED DISPOSITIVE POWER
28,491,504 shares, all of which are directly owned by Morgenthaler IX.  Morgenthaler IX GP is the general partner of Morgenthaler IX, and Bellas, a managing member of Morgenthaler IX GP, may be deemed to have shared power to dispose of these shares.
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON                                                                                                                  28,491,504
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES                                                                                                               ¨
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
                                                                                                                                                         7.9%
12 TYPE OF REPORTING PERSON                                                                                                 IN
       

 
 

 

CUSIP #52603A109 Page 5 of 20

 

1 NAME OF REPORTING PERSONS          Ralph E. Christoffersen (“Christoffersen”)
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
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH		 5 SOLE VOTING POWER
- 0 -
6 SHARED VOTING POWER
28,491,504 shares, all of which are directly owned by Morgenthaler Venture Partners IX, L.P. (“Morgenthaler IX”).  Morgenthaler Management Partners IX, LLC (“Morgenthaler IX GP”) is the general partner of Morgenthaler IX, and Christoffersen, a managing member of Morgenthaler IX GP, may be deemed to have shared power to vote these shares.
7 SOLE DISPOSITIVE POWER
- 0 -
8 SHARED DISPOSITIVE POWER
28,491,504 shares, all of which are directly owned by Morgenthaler IX.  Morgenthaler IX GP is the general partner of Morgenthaler IX, and Christoffersen, a managing member of Morgenthaler IX GP, may be deemed to have shared power to dispose of these shares.
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON                                                                                                                  28,491,504
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES                                                                                                               ¨
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
                                                                                                                                                         7.9%
12 TYPE OF REPORTING PERSON                                                                                                 IN
       

 
 

 

CUSIP #52603A109 Page 6 of 20

 

1 NAME OF REPORTING PERSONS          Jason Lettmann (“Lettmann”)
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
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH		 5 SOLE VOTING POWER
- 0 -
6 SHARED VOTING POWER
28,491,504 shares, all of which are directly owned by Morgenthaler Partners IX, L.P. (“Morgenthaler IX”).  Morgenthaler Management Partners IX, LLC (“Morgenthaler IX GP”) is the general partner of Morgenthaler IX, and Lettmann, a managing member of Morgenthaler IX GP, may be deemed to have shared power to vote these shares.
7 SOLE DISPOSITIVE POWER
- 0 -
8 SHARED DISPOSITIVE POWER
28,491,504  shares, all of which are directly owned by Morgenthaler IX.  Morgenthaler IX GP is the general partner of Morgenthaler IX, and Lettmann, a managing member of Morgenthaler IX GP, may be deemed to have shared power to dispose of these shares.
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON                                                                                                                  28,491,504
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES                                                                                                               ¨
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
                                                                                                                                                         7.9%
12 TYPE OF REPORTING PERSON                                                                                                 IN
       

 
 

 

CUSIP #52603A109 Page 7 of 20

 

1 NAME OF REPORTING PERSONS          Gary R. Little (“Little”)
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
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH		 5 SOLE VOTING POWER
- 0 -
6 SHARED VOTING POWER
28,491,504 shares, all of which are directly owned by Morgenthaler Venture Partners IX, L.P. (“Morgenthaler IX”).  Morgenthaler Management Partners IX, LLC (“Morgenthaler IX GP”) is the general partner of Morgenthaler IX, and Little, a managing member of Morgenthaler IX GP, may be deemed to have shared power to vote these shares.
7 SOLE DISPOSITIVE POWER
- 0 -
8 SHARED DISPOSITIVE POWER
28,491,504 shares, all of which are directly owned by Morgenthaler IX.  Morgenthaler IX GP is the general partner of Morgenthaler IX, and Little, a managing member of Morgenthaler IX GP, may be deemed to have shared power to dispose of these shares.
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON                                                                                                                  28,491,504
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES                                                                                                               ¨
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
                                                                                                                                                         7.9%
12 TYPE OF REPORTING PERSON                                                                                                 IN
       

 
 

 

CUSIP #52603A109 Page 8 of 20

 

1 NAME OF REPORTING PERSONS          Rebecca Lynn (“Lynn”)
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
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH		 5 SOLE VOTING POWER
- 0 -
6 SHARED VOTING POWER
28,491,504 shares, all of which are directly owned by Morgenthaler Venture Partners IX, L.P. (“Morgenthaler IX”).  Morgenthaler Management Partners IX, LLC (“Morgenthaler IX GP”) is the general partner of Morgenthaler IX, and Lynn, a managing member of Morgenthaler IX GP and a director of the Issuer, may be deemed to have shared power to vote these shares.
7 SOLE DISPOSITIVE POWER
- 0 -
8 SHARED DISPOSITIVE POWER
28,491,504 shares, all of which are directly owned by Morgenthaler IX.  Morgenthaler IX GP is the general partner of Morgenthaler IX, and Lynn, a managing member of Morgenthaler IX GP and a director of the Issuer, may be deemed to have shared power to dispose of these shares.
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON                                                                                                                  28,491,504
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES                                                                                                               ¨
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
                                                                                                                                                         7.9%
12 TYPE OF REPORTING PERSON                                                                                                 IN
       

 
 

 

CUSIP #52603A109 Page 9 of 20

 

1 NAME OF REPORTING PERSONS          Gary J. Morgenthaler (“Morgenthaler”)
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
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH		 5 SOLE VOTING POWER
- 0 -
6 SHARED VOTING POWER
28,491,504 shares, all of which are directly owned by Morgenthaler Venture Partners IX, L.P. (“Morgenthaler IX”).  Morgenthaler Management Partners IX, LLC (“Morgenthaler IX GP”) is the general partner of Morgenthaler IX, and Morgenthaler, a managing member of Morgenthaler IX GP, may be deemed to have shared power to vote these shares.
7 SOLE DISPOSITIVE POWER
- 0 -
8 SHARED DISPOSITIVE POWER
28,491,504 shares, all of which are directly owned by Morgenthaler IX.  Morgenthaler IX GP is the general partner of Morgenthaler IX, and Morgenthaler, a managing member of Morgenthaler IX GP, may be deemed to have shared power to dispose of these shares.
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON                                                                                                                  28,491,504
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES                                                                                                               ¨
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
                                                                                                                                                         7.9%
12 TYPE OF REPORTING PERSON                                                                                                 IN
       

 
 

 

CUSIP #52603A109 Page 10 of 20

 

1 NAME OF REPORTING PERSONS          Robert D. Pavey (“Pavey”)
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
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH		 5 SOLE VOTING POWER
- 0 -
6 SHARED VOTING POWER
28,491,504 shares, all of which are directly owned by Morgenthaler Venture Partners IX, L.P. (“Morgenthaler IX”).  Morgenthaler Management Partners IX, LLC (“Morgenthaler IX GP”) is the general partner of Morgenthaler IX, and Pavey, a managing member of Morgenthaler IX GP, may be deemed to have shared power to vote these shares.
7 SOLE DISPOSITIVE POWER
- 0 -
8 SHARED DISPOSITIVE POWER
28,491,504 shares, all of which are directly owned by Morgenthaler IX.  Morgenthaler IX GP is the general partner of Morgenthaler IX, and Pavey, a managing member of Morgenthaler IX GP, may be deemed to have shared power to dispose of these shares.
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON                                                                                                                  28,491,504
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES                                                                                                               ¨
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
                                                                                                                                                         7.9%
12 TYPE OF REPORTING PERSON                                                                                                 IN
       

 
 

 

CUSIP #52603A109 Page 11 of 20

 

1 NAME OF REPORTING PERSONS          Henry Plain (“Plain”)
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
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH		 5 SOLE VOTING POWER
- 0 -
6 SHARED VOTING POWER
28,491,504 shares, all of which are directly owned by Morgenthaler Venture Partners IX, L.P. (“Morgenthaler IX”).  Morgenthaler Management Partners IX, LLC (“Morgenthaler IX GP”) is the general partner of Morgenthaler IX, and Plain, a managing member of Morgenthaler IX GP, may be deemed to have shared power to vote these shares.
7 SOLE DISPOSITIVE POWER
- 0 -
8 SHARED DISPOSITIVE POWER
28,491,504 shares, all of which are directly owned by Morgenthaler IX.  Morgenthaler IX GP is the general partner of Morgenthaler IX, and Plain, a managing member of Morgenthaler IX GP, may be deemed to have shared power to dispose of these shares.
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON                                                                                                                  28,491,504
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES                                                                                                               ¨
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
                                                                                                                                                         7.9%
12 TYPE OF REPORTING PERSON                                                                                                 IN
       

 
 

 

CUSIP #52603A109 Page 12 of 20

 

1 NAME OF REPORTING PERSONS          Scott D. Walters (“Walters”)
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
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON
WITH		 5 SOLE VOTING POWER
- 0 -
6 SHARED VOTING POWER
28,491,504 shares, all of which are directly owned by Morgenthaler Venture Partners IX, L.P. (“Morgenthaler IX”).  Morgenthaler Management Partners IX, LLC (“Morgenthaler IX GP”) is the general partner of Morgenthaler IX, and Walters, a managing member of Morgenthaler IX GP, may be deemed to have shared power to vote these shares.
7 SOLE DISPOSITIVE POWER
- 0 -
8 SHARED DISPOSITIVE POWER
28,491,504 shares, all of which are directly owned by Morgenthaler IX.  Morgenthaler IX GP is the general partner of Morgenthaler IX, and Walters, a managing member of Morgenthaler IX GP, may be deemed to have shared power to dispose of these shares.
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON                                                                                                                  28,491,504
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES                                                                                                               ¨
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
                                                                                                                                                         7.9%
12 TYPE OF REPORTING PERSON                                                                                                 IN
       

 
 

  

CUSIP #52603A109 Page 13 of 20

 

ITEM 1(A). NAME OF ISSUER
   
  LendingClub Corporation (the “Issuer”)
   
ITEM 1(B). ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICES
   
  71 Stevenson St., Suite 300
  San Francisco, CA 94105
   
ITEM 2(A). NAME OF PERSONS FILING
   
  This Schedule is filed by Morgenthaler Venture Partners IX, L.P., a Delaware limited partnership, Morgenthaler Management Partners IX, LLC a Delaware limited liability company, Robert C. Bellas, Jr., Ralph E. Christoffersen, Jason Lettmann, Gary R. Little, Rebecca Lynn, Gary J. Morgenthaler, Robert D. Pavey, Henry Plain and Scott D. Walters.  The foregoing entities and individuals are collectively referred to as the “Reporting Persons.”
   
ITEM 2(B). ADDRESS OF PRINCIPAL OFFICE
   
  The address for each of the Reporting Persons is:
   
  c/o Morgenthaler Ventures
  2710 Sand Hill Road, Suite 100
  Menlo Park, California 94025
   
ITEM 2(C). CITIZENSHIP
   
  See Row 4 of cover page for each Reporting Person.
   
ITEM 2(D). TITLE OF CLASS OF SECURITIES
   
  Common Stock, $0.01 par value
   
ITEM 2(D) CUSIP NUMBER
   
  52603A109
   
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. OWNERSHIP
   
  Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

 

  (a) Amount beneficially owned:
     
    See Row 9 of cover page for each Reporting Person.
     
  (b) Percent of Class:
     
    See Row 11 of cover page for each Reporting Person.
     
  (c) Number of shares as to which such person has:

 

 
 

 

CUSIP #52603A109 Page 14 of 20

 

  (i) Sole power to vote or to direct the vote:
     
    See Row 5 of cover page for each Reporting Person.
     
  (ii) Shared power to vote or to direct the vote:
     
    See Row 6 of cover page for each Reporting Person.
     
  (iii) Sole power to dispose or to direct the disposition of:
     
    See Row 7 of cover page for each Reporting Person.
     
  (iv) Shared power to dispose or to direct the disposition of:
     
    See Row 8 of cover page for each Reporting Person.

 

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 partnership agreement of Morgenthaler Venture Partners IX, L.P. and the limited liability company agreement of Morgenthaler Management Partners IX, LLC, the partners or members, as the case may be, of each of such entities may be deemed to have the right to receive dividends from, or the proceeds from the sale of, shares of the Issuer owned by each such entity of which they are a partner or member.
   
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

 

 
 

 

CUSIP #52603A109 Page 15 of 20

 

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.

 

Date: February 13, 2015

 

  MORGENTHALER VENTURE PARTNERS, IX, L.P.
   
  By: MORGENTHALER MANAGEMENT PARTNERS IX, LLC
  Its: General Partner
     
  By: /s/ Scott D. Walters
  Name: Scott D. Walters
  Title: Attorney-in-Fact
     
  MORGENTHALER MANAGEMENT PARTNERS IX, LLC
     
  By: /s/ Scott D. Walters
  Name: Scott D. Walters
  Title: Attorney-in-Fact
     
  ROBERT C. BELLAS, JR.
     
  By: /s/ Scott D. Walters
  Name: Scott D. Walters
  Title: Attorney-in-Fact
     
  RALPH E. CHRISTOFFERSEN
     
  By: /s/ Scott D. Walters
  Name: Scott D. Walters
  Title: Attorney-in-Fact
     
  JASON LETTMANN
     
  By: /s/ Scott D. Walters
  Name: Scott D. Walters
  Title: Attorney-in-Fact
     
  GARY R. LITTLE
     
  By: /s/ Scott D. Walters
  Name: Scott D. Walters
  Title: Attorney-in-Fact

 

 
 

 

CUSIP #52603A109 Page 16 of 20

 

  REBECCA LYNN
     
  By: /s/ Scott D. Walters
  Name: Scott D. Walters
  Title: Attorney-in-Fact
     
  GARY J. MORGENTHALER
     
  By: /s/ Scott D. Walters
  Name: Scott D. Walters
  Title: Attorney-in-Fact
     
  ROBERT D. PAVEY
     
  By: /s/ Scott D. Walters
  Name: Scott D. Walters
  Title: Attorney-in-Fact
     
  HENRY PLAIN
     
  By: /s/ Scott D. Walters
  Name: Scott D. Walters
  Title: Attorney-in-Fact
     
  SCOTT D. WALTERS
     
  By: /s/ Scott D. Walters
  Name: Scott D. Walters
  Title: Attorney-in-Fact

 

 
 

 

CUSIP #52603A109 Page 17 of 20

 

EXHIBIT INDEX

 

    Found on
Sequentially
Exhibit   Numbered Page
     
Exhibit A:  Agreement of Joint Filing   18
     
Exhibit B:  Reference to Scott D. Walters as Attorney-in-Fact   20

 

 
 

 

CUSIP #52603A109 Page 18 of 20

 

exhibit A

 

Agreement of Joint Filing

 

The undersigned hereby agree that a single Schedule 13G (or any amendment thereto) relating to the common stock of the Issuer shall be filed on behalf of each of the undersigned and that this Agreement shall be filed as an exhibit to such Schedule 13G.

 

Date: February 13, 2015

 

  MORGENTHALER VENTURE PARTNERS, IX, L.P.
     
  By: MORGENTHALER MANAGEMENT PARTNERS IX, LLC
  Its: General Partner
     
  By: /s/ Scott D. Walters
  Name: Scott D. Walters
  Title: Attorney-in-Fact
     
  MORGENTHALER MANAGEMENT PARTNERS IX, LLC
     
  By: /s/ Scott D. Walters
  Name: Scott D. Walters
  Title: Attorney-in-Fact
     
  ROBERT C. BELLAS, JR.
     
  By: /s/ Scott D. Walters
  Name: Scott D. Walters
  Title: Attorney-in-Fact
     
  RALPH E. CHRISTOFFERSEN
     
  By: /s/ Scott D. Walters
  Name: Scott D. Walters
  Title: Attorney-in-Fact
     
  JASON LETTMANN
     
  By: /s/ Scott D. Walters
  Name: Scott D. Walters
  Title: Attorney-in-Fact

 

 
 

 

CUSIP #52603A109 Page 19 of 20

 

  GARY R. LITTLE
     
  By: /s/ Scott D. Walters
  Name: Scott D. Walters
  Title: Attorney-in-Fact
     
  REBECCA LYNN
     
  By: /s/ Scott D. Walters
  Name: Scott D. Walters
  Title: Attorney-in-Fact
     
  GARY J. MORGENTHALER
     
  By: /s/ Scott D. Walters
  Name: Scott D. Walters
  Title: Attorney-in-Fact
     
  ROBERT D. PAVEY
     
  By: /s/ Scott D. Walters
  Name: Scott D. Walters
  Title: Attorney-in-Fact
     
  HENRY PLAIN
     
  By: /s/ Scott D. Walters
  Name: Scott D. Walters
  Title: Attorney-in-Fact
     
  SCOTT D. WALTERS
     
  By: /s/ Scott D. Walters
  Name: Scott D. Walters
  Title: Attorney-in-Fact

 

 
 

 

CUSIP #52603A109 Page 20 of 20

 

exhibit B

 

Reference to Scott D. Walters as Attorney-in-Fact

 

Scott D. Walters has signed the enclosed documents as Attorney-In-Fact. Note that a copy of the applicable Power of Attorney is already on file with the appropriate agencies.