0001104659-17-009016.txt : 20170214 0001104659-17-009016.hdr.sgml : 20170214 20170214114255 ACCESSION NUMBER: 0001104659-17-009016 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20170214 DATE AS OF CHANGE: 20170214 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Invuity, Inc. CENTRAL INDEX KEY: 0001393020 STANDARD INDUSTRIAL CLASSIFICATION: SURGICAL & MEDICAL INSTRUMENTS & APPARATUS [3841] IRS NUMBER: 000000000 STATE OF INCORPORATION: CA FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-88891 FILM NUMBER: 17605073 BUSINESS ADDRESS: STREET 1: 444 DE HARO STREET CITY: San Francisco STATE: CA ZIP: 94107 BUSINESS PHONE: 415-655-2100 MAIL ADDRESS: STREET 1: 444 DE HARO STREET CITY: San Francisco STATE: CA ZIP: 94107 FORMER COMPANY: FORMER CONFORMED NAME: Spotlight Surgical Inc DATE OF NAME CHANGE: 20070313 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SAWYER PHILIP M CENTRAL INDEX KEY: 0001034251 FILING VALUES: FORM TYPE: SC 13G/A MAIL ADDRESS: STREET 1: C/O INVUITY, INC. STREET 2: 444 DE HARO STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94107 SC 13G/A 1 a17-4329_1sc13ga.htm SC 13G/A

 

 

SECURITIES AND EXCHANGE COMMISSION

 

 

Washington, D.C. 20549

 

 

 

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934
(Amendment No. 1)*

 

Invuity, Inc.

(Name of Issuer)

Common Stock, $0.001 par value

(Title of Class of Securities)

46187J 205

(CUSIP Number)

December 31, 2016

(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)

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).

 


 

CUSIP No. 46187J 205

 

 

1.

Names of Reporting Persons.
Philip M. Sawyer

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

o

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
United States of America

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:

5.

Sole Voting Power
0

 

6.

Shared Voting Power
216,600*

 

7.

Sole Dispositive Power
0

 

8.

Shared Dispositive Power
216,600*

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
788,444**

 

 

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares  o

 

 

11.

Percent of Class Represented by Amount in Row (9)
4.5%

 

 

12.

Type of Reporting Person
IN

 

*      The shares are held by Helix Founders Fund, L.P. (HFF).  HFF GP, LLC (HFFGP) is the General Partner of HFF and Helix Ventures, LLC (Helix Ventures) is the management company of HFF.  Philip M. Sawyer is a General Partner of Helix Ventures. As a result, and by virtue of the relationships described in this footnote, Mr. Sawyer may be deemed to share beneficial ownership of the shares held by HFF. Mr. Sawyer disclaims beneficial ownership of the shares held by HFF except to the extent of his pecuniary interest therein.

 

**   Includes 561,844 shares which may be acquired by Philip M. Sawyer pursuant to outstanding stock options exercisable within 60 days of December 31, 2016, of which 463,001 shares are scheduled to be vested as of such date.  Includes 10,000 shares that are issuable to Mr. Sawyer pursuant to outstanding restricted stock units (“RSUs”) that will vest within 60 days of December 31, 2016.

 

2


 

Item 1(a)

Name of Issuer:
Invuity, Inc.

Item 1(b)

Address of Issuer’s Principal Executive Offices:
440 De Haro Street, San Francisco, CA 94107

 

Item 2(a)

Name of Person Filing:
Philip M. Sawyer

Item 2(b)

Address of Principal Business Office or, if none, Residence:
440 De Haro Street, San Francisco, CA 94107

Item 2(c)

Citizenship:
United States of America

Item 2(d)

Title of Class of Securities:
Common Stock, $0.001 par value

Item 2(e)

CUSIP Number:
46187J 205

 

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:

 

Not applicable.

 

3


 

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:   

788,444 shares*

 

(b)

Percent of class:   

4.5%, based on 16,950,940 outstanding shares of Common Stock of the Issuer as of December 31, 2016.

 

(c)

Number of shares as to which the person has:

 

 

 

(i)

Sole power to vote or to direct the vote:   

0 shares

 

 

(ii)

Shared power to vote or to direct the vote:    

216,600 shares**

 

 

(iii)

Sole power to dispose or to direct the disposition of:   

0 shares

 

 

(iv)

Shared power to dispose or to direct the disposition of:   

216,600 shares**

 

*              Includes 561,844 shares which may be acquired by Philip M. Sawyer pursuant to outstanding stock options exercisable within 60 days of December 31, 2016, of which 463,001 shares are scheduled to be vested as of such date.  10,000 shares that are issuable to Mr. Sawyer pursuant to outstanding restricted stock units (“RSUs”) that will vest within 60 days of December 31, 2016.

 

**           The shares are held by Helix Founders Fund, L.P. (HFF).  HFF GP, LLC (HFFGP) is the General Partner of HFF and Helix Ventures, LLC (Helix Ventures) is the management company of HFF.  Philip M. Sawyer is a General Partner of Helix Ventures. As a result, and by virtue of the relationships described in this footnote, Mr. Sawyer may be deemed to share beneficial ownership of the shares held by HFF. Mr. Sawyer disclaims beneficial ownership of the shares held by HFF except to the extent of his pecuniary interest therein.

 

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 5 percent of the class of securities, check the following   x.

 

Item 6.

Ownership of More than Five Percent on Behalf of Another Person

 

Not applicable.

 

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person

 

Not applicable.

 

Item 8.

Identification and Classification of Members of the Group

 

Not applicable.

 

Item 9.

Notice of Dissolution of Group

 

Not applicable.

 

4


 

Item 10.

Certifications

 

Not applicable.

 

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.

 

 

February 10, 2016

 

Date

 


/s/ Philip M. Sawyer

 

Signature

 


Philip M. Sawyer

 

Name/Title

 

5