CUSIP No. 83587F202

Page 8 of 13

 

(d)

Title of Class of Securities:

 

 

 

 

 

Common Stock, par value $0.0001 per share (the “Common Stock”).

 

 

 

 

(e)

CUSIP Number:

 

 

 

 

 

83587F202

 

 

 

ITEM 3.

IF THIS STATEMENT IS FILED PURSUANT TO §240.13D-1(B) OR 240.13D-2(B) OR (C), CHECK WHETHER THE PERSON FILING IS A:

 

 

 

 

(a)

[__]  Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o)

 

(b)

[__]  Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c)

 

(c)

[__]  Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c)

 

(d)

[__]  Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8)

 

(e)

[__]  An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E)

 

(f)

[__]  An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);

 

(g)

[__]  A Parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);

 

(h)

[__]  A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813)

 

(i)

[__]  A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3)

 

(j)

[__]  A non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J);

 

(k)

[__]  Group, in accordance with §240.13d-1(b)(1)(ii)(J).

 

 

ITEM 4.

OWNERSHIP

 

 

 

(a)

Amount beneficially owned:

 

 

 

 

 

Each of the Reporting Persons may be deemed to beneficially own an aggregate of 3,855 shares of Common Stock.

 

 

 

 

(b)

Percent of class:

 

 

 

 

 

Based on the calculations made in accordance with Rule 13d-3(d), each of the Reporting Persons may be deemed to beneficially own less than 0.1% of the outstanding Common Stock.

 

All percentages of ownership of the Common Stock by Reporting Persons presented in this Statement is based on 37,767,085 shares which is the total outstanding number of shares of the Common Stock reported in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission by the Issuer on November 16, 2015.

 

 

 

 

(c)

Number of shares as to which such person has:

 

 

 

 

 

(i), (iii)

Sole power to vote or to direct the vote/Sole power to dispose of or to direct the disposition of:

 

 

 

 

 

 

 

Each of Aisling, Aisling Partners and Aisling Partners GP may be deemed to have sole power to direct the voting and disposition of the 3,855 shares of Common Stock beneficially owned by Aisling.

 

 

 

 

 

 

(ii), (iv)

Shared power to vote or to direct the vote/Shared power to dispose of or to direct the disposition of:

 

 

 

 

 

 

 

By virtue of the relationships between and among the Reporting Persons as described in Item 2, each of Mr. Elms, Mr. Purcell and Mr. Schiff may be deemed to share the power to direct the voting and the disposition of the 3,855 shares of Common Stock beneficially owned by Aisling.

 

ITEM 5.

OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.

 

 

 

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following ☒.

 

 

ITEM 6.

OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.

 

 

 

The partners of Aisling have the right to participate in the receipt of dividends from, or proceeds from the sale of, the Shares held for the account of Aisling in accordance with their ownership interests in Aisling.

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.

CERTIFICATIONS.

 

 

 

Each of the Reporting Persons hereby makes the following certification:

 

 

 

By signing below each Reporting Person certifies that, to the best of his or its knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under section 240.14a-11.

CUSIP No. 83587F202

Page 12 of 13