SC 13G/A 1 v401399_sc13ga.htm SCHEDULE 13G/A

 

  UNITED STATES  
  SECURITIES AND EXCHANGE COMMISSION  
  Washington, D.C. 20549  
     

SCHEDULE 13G

 

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

 

Marketo, Inc.

(Name of Issuer)

 

Common Stock

(Title of Class of Securities)

 

57063L107

(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:

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. 57063L107 Page 2 of 13 Pages
 
  1. Names of Reporting Persons.
Storm Ventures Fund III, L.P.
  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
Delaware
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:
5. Sole Voting Power
-0-
6. Shared Voting Power
2,303,832 (1)
7. Sole Dispositive Power
-0-
8. Shared Dispositive Power
2,303,832 (1)
  9. Aggregate Amount Beneficially Owned by Each Reporting Person
2,303,832 (1)
  10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o
  11. Percent of Class Represented by Amount in Row (9)
5.6% (2)
  12. Type of Reporting Person (See Instructions)
PN
           
             

(1)Storm Venture Associates III, L.L.C. (“SVA LLC”) is the general partner of Storm Ventures Fund III, L.P. (“SV III”) and Storm Ventures Affiliates Fund III, L.P. (“SVA III”) and the managing member of Storm Ventures Principals Fund III, L.L.C. (“SVP III”) and, as such, may be deemed to have shared power to vote and dispose of the Issuer’s shares of common stock held of record by each such fund. Ryan Floyd, M. Alex Mendez, Tae Hea Nahm and Sanjay Subhedar are the managing members of SVA LLC and, as such, may be deemed to have shared power to vote and dispose of the Issuer’s shares of common stock held of record by each of SV III, SVA III and SVP III.

 

(2)Based on 41,212,204 shares of the Issuer’s common stock outstanding as of November 6, 2014, as reported in the Issuer’s quarterly report on Form 10-Q filed with the Securities and Exchange Commission on November 10, 2014.

 

2
 

 

CUSIP No. 57063L107 Page 3 of 13 Pages
 
  1. Names of Reporting Persons.
Storm Ventures Affiliates Fund III, L.P.
  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
Delaware
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:
5. Sole Voting Power
-0-
6. Shared Voting Power
126,020 (1)
7. Sole Dispositive Power
-0-
8. Shared Dispositive Power
126,020 (1)
  9. Aggregate Amount Beneficially Owned by Each Reporting Person
126,020 (1)
  10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o
  11. Percent of Class Represented by Amount in Row (9)
0.3% (2)
  12. Type of Reporting Person (See Instructions)
PN
           
             

(1)SVA LLC is the general partner of SV III and SVA III and the managing member of SVP III and, as such, may be deemed to have shared power to vote and dispose of the Issuer’s shares of common stock held of record by each such fund. Ryan Floyd, M. Alex Mendez, Tae Hea Nahm and Sanjay Subhedar are the managing members of SVA LLC and, as such, may be deemed to have shared power to vote and dispose of the Issuer’s shares of common stock held of record by each of SV III, SVA III and SVP III.

 

(2)Based on 41,212,204 shares of the Issuer’s common stock outstanding as of November 6, 2014, as reported in the Issuer’s quarterly report on Form 10-Q filed with the Securities and Exchange Commission on November 10, 2014.

 

3
 

 

CUSIP No. 57063L107 Page 4 of 13 Pages
 
  1. Names of Reporting Persons.
Storm Ventures Principals Fund III, L.L.C.
  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
Delaware
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:
5. Sole Voting Power
-0-
6. Shared Voting Power
71,368 (1)
7. Sole Dispositive Power
-0-
8. Shared Dispositive Power
71,368 (1)
  9. Aggregate Amount Beneficially Owned by Each Reporting Person
71,368 (1)
  10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o
  11. Percent of Class Represented by Amount in Row (9)
0.2% (2)
  12. Type of Reporting Person (See Instructions)
OO
           
             

(1)SVA LLC is the general partner of SV III and SVA III and the managing member of SVP III and, as such, may be deemed to have shared power to vote and dispose of the Issuer’s shares of common stock held of record by each such fund. Ryan Floyd, M. Alex Mendez, Tae Hea Nahm and Sanjay Subhedar are the managing members of SVA LLC and, as such, may be deemed to have shared power to vote and dispose of the Issuer’s shares of common stock held of record by each of SV III, SVA III and SVP III.

 

(2)Based on 41,212,204 shares of the Issuer’s common stock outstanding as of November 6, 2014, as reported in the Issuer’s quarterly report on Form 10-Q filed with the Securities and Exchange Commission on November 10, 2014.


4
 

 

CUSIP No. 57063L107 Page 5 of 13 Pages
 
  1. Names of Reporting Persons.
Storm Venture Associates III, L.L.C.
  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
Delaware
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:
5. Sole Voting Power
-0-
6. Shared Voting Power
2,501,220 (1)
7. Sole Dispositive Power
-0-
8. Shared Dispositive Power
2,501,220(1)
  9. Aggregate Amount Beneficially Owned by Each Reporting Person
2,501,220 (1)
  10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o
  11. Percent of Class Represented by Amount in Row (9)
6.1% (2)
  12. Type of Reporting Person (See Instructions)
OO
           
             

(1)Consists of (i) 2,303,832 shares of the Issuer’s common stock held of record by SV III, (ii) 126,020 shares of the Issuer’s common stock held of record by SVA III, and (iii) 71,368 shares of the Issuer’s common stock held of record by SVP III. SVA LLC is the general partner of SV III and SVA III and the managing member of SVP III and, as such, may be deemed to have shared power to vote and dispose of the Issuer’s shares of common stock held of record by each such fund. Ryan Floyd, M. Alex Mendez, Tae Hea Nahm and Sanjay Subhedar are the managing members of SVA LLC and, as such, may be deemed to have shared power to vote and dispose of the Issuer’s shares of common stock held of record by each of SV III, SVA III and SVP III.

 

(2)Based on 41,212,204 shares of the Issuer’s common stock outstanding as of November 6, 2014, as reported in the Issuer’s quarterly report on Form 10-Q filed with the Securities and Exchange Commission on November 10, 2014.

 

5
 


 

CUSIP No. 57063L107 Page 6 of 13 Pages
 
  1. Names of Reporting Persons.
Tae Hea Nahm
  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
USA
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:
5. Sole Voting Power
16,800 (1)
6. Shared Voting Power
2,501,220 (2)
7. Sole Dispositive Power
16,800 (1)
8. Shared Dispositive Power
2,501,220 (2)
  9. Aggregate Amount Beneficially Owned by Each Reporting Person
2,523,130 (1)
  10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o
  11. Percent of Class Represented by Amount in Row (9)
6.1% (3)
  12. Type of Reporting Person (See Instructions)
IN
           
             

(1)Consists of 16,800 shares of the Issuer’s common stock that Tae Hea Nahm has the right to acquire within 60 days after December 31, 2014 upon the exercise of a stock option granted to him for his services as a director of the Issuer.

 

(2)Consists of (i) 8,534 shares of the Issuer’s common stock held of record by the Nahm Family Trust dated 9-23-1999, (ii) 2,303,832 shares of the Issuer’s common stock held of record by SV III, (iii) 126,020 shares of the Issuer’s common stock held of record by SVA III, and (iv) 71,368 shares of the Issuer’s common stock held of record by SVP III. Tae Hea Nahm is a trustee of the Nahm Family Trust dated 9-23-1999 and, as such, may be deemed to have shared power to vote and dispose of the Issuer’s shares of common stock held of record by such trust. SVA LLC is the general partner of SV III and SVA III and the managing member of SVP III and, as such, may be deemed to have shared power to vote and dispose of the Issuer’s shares of common stock held of record by each such fund. Ryan Floyd, M. Alex Mendez, Tae Hea Nahm and Sanjay Subhedar are the managing members of SVA LLC and, as such, may be deemed to have shared power to vote and dispose of the Issuer’s shares of common stock held of record by each of SV III, SVA III and SVP III.

 

(3)Based on 41,229,004 shares of the Issuer’s common stock, which includes 41,212,204 shares of the Issuer’s common stock outstanding as of November 6, 2014, as reported in the Issuer’s quarterly report on Form 10-Q filed with the Securities and Exchange Commission on November 10, 2014, and 16,800 shares of the Issuer’s common stock that Tae Hea Nahm has the right to acquire within 60 days after December 31, 2014 upon the exercise of a stock option granted to him for his services as a director of the Issuer.

 

6
 

 

CUSIP No. 57063L107 Page 7 of 13 Pages
 
  1. Names of Reporting Persons.
Ryan Floyd
  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
USA
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:
5. Sole Voting Power
1,012 (1)
6. Shared Voting Power
2,502,932 (2)
7. Sole Dispositive Power
1,012 (1)
8. Shared Dispositive Power
2,502,932 (2)
  9. Aggregate Amount Beneficially Owned by Each Reporting Person
2,502,932 (2)
  10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o
  11. Percent of Class Represented by Amount in Row (9)
6.1% (3)
  12. Type of Reporting Person (See Instructions)
IN
           
             

(1)Represents shares of common stock held of record by Ryan Floyd.

 

(2)Consists of (i) 1,712 shares of the Issuer’s common stock held of record by the 2001 Gray Trust UDT May 14, 2001, (ii) 2,303,832 shares of the Issuer’s common stock held of record by SV III, (iii) 126,020 shares of the Issuer’s common stock held of record by SVA III, and (iv) 71,368 shares of the Issuer’s common stock held of record by SVP III. Ryan Floyd is a trustee of the 2001 Gray Trust UDT May 14, 2001 and, as such, may be deemed to have shared power to vote and dispose of the Issuer’s shares of common stock held of record by such trust. SVA LLC is the general partner of SV III and SVA III and the managing member of SVP III and, as such, may be deemed to have shared power to vote and dispose of the Issuer’s shares of common stock held of record by each such fund. Ryan Floyd, M. Alex Mendez, Tae Hea Nahm and Sanjay Subhedar are the managing members of SVA LLC and, as such, may be deemed to have shared power to vote and dispose of the Issuer’s shares of common stock held of record by each of SV III, SVA III and SVP III.

 

(2)Based on 41,212,204 shares of the Issuer’s common stock outstanding as of November 6, 2014, as reported in the Issuer’s quarterly report on Form 10-Q filed with the Securities and Exchange Commission on November 10, 2014.

 

7
 


 

CUSIP No. 57063L107 Page 8 of 13 Pages
 
  1. Names of Reporting Persons.
M. Alex Mendez
  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
USA
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:
5. Sole Voting Power
-0-
6. Shared Voting Power
2,502,906 (1)
7. Sole Dispositive Power
-0-
8. Shared Dispositive Power
2,502,906 (1)
  9. Aggregate Amount Beneficially Owned by Each Reporting Person
2,502,906 (1)
  10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o
  11. Percent of Class Represented by Amount in Row (9)
6.1% (2)
  12. Type of Reporting Person (See Instructions)
IN
           
             

(1)Consists of (i) 1,686 shares of the Issuer’s common stock held of record by the UA 10/14/1992 Mendez Trust, (ii) 2,303,832 shares of the Issuer’s common stock held of record by SV III, (iii) 126,020 shares of the Issuer’s common stock held of record by SVA III, and (iv) 71,368 shares of the Issuer’s common stock held of record by SVP III. M. Alex Mendez is a trustee of the UA 10/14/1992 Mendez Trust and, as such, may be deemed to have shared power to vote and dispose of the Issuer’s shares of common stock held of record by such trust. SVA LLC is the general partner of SV III and SVA III and the managing member of SVP III and, as such, may be deemed to have shared power to vote and dispose of the Issuer’s shares of common stock held of record by each such fund. Ryan Floyd, M. Alex Mendez, Tae Hea Nahm and Sanjay Subhedar are the managing members of SVA LLC and, as such, may be deemed to have shared power to vote and dispose of the Issuer’s shares of common stock held of record by each of SV III, SVA III and SVP III.

 

(2)Based on 41,212,204 shares of the Issuer’s common stock outstanding as of November 6, 2014, as reported in the Issuer’s quarterly report on Form 10-Q filed with the Securities and Exchange Commission on November 10, 2014.

 

8
 

 

CUSIP No. 57063L107 Page 9 of 13 Pages
 
  1. Names of Reporting Persons.
Sanjay Subhedar
  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
USA
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:
5. Sole Voting Power
-0-
6. Shared Voting Power
2,514,916 (1)
7. Sole Dispositive Power
-0-
8. Shared Dispositive Power
2,514,916 (1)
  9. Aggregate Amount Beneficially Owned by Each Reporting Person
2,514,916 (1)
  10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o
  11. Percent of Class Represented by Amount in Row (9)
6.1% (2)
  12. Type of Reporting Person (See Instructions)
IN
           
             

(1)Consists of (i) 13,696 shares of the Issuer’s common stock held of record by Vayam Investments, L.P., (ii) 2,303,832 shares of the Issuer’s common stock held of record by SV III, (iii) 126,020 shares of the Issuer’s common stock held of record by SVA III, and (iv) 71,368 shares of the Issuer’s common stock held of record by SVP III. Sanjay Subhedar is a trustee of the Vayam Revocable Trust, which serves as the general partner of Vayam Investments, L.P. and, as such, he may be deemed to have shared power to vote and dispose of the shares held of record by such entity. SVA LLC is the general partner of SV III and SVA III and the managing member of SVP III and, as such, may be deemed to have shared power to vote and dispose of the Issuer’s shares of common stock held of record by each such fund. Ryan Floyd, M. Alex Mendez, Tae Hea Nahm and Sanjay Subhedar are the managing members of SVA LLC and, as such, may be deemed to have shared power to vote and dispose of the Issuer’s shares of common stock held of record by each of SV III, SVA III and SVP III.

 

(2)Based on 41,212,204 shares of the Issuer’s common stock outstanding as of November 6, 2014, as reported in the Issuer’s quarterly report on Form 10-Q filed with the Securities and Exchange Commission on November 10, 2014.

 

9
 

 

Item 1.
  (a)

Name of Issuer:

 

Marketo, Inc.

  (b)

Address of Issuer’s Principal Executive Offices:

 

901 Mariners Island Blvd.

San Mateo, CA 94404

 
Item 2.
  (a)

Name of Person Filing:

 

This Amendment No. 1 to Schedule 13G amends the Schedule 13G (the “Statement”) initially filed with the Securities and Exchange Commission on February 18, 2014 and is being jointly filed by Storm Ventures Fund III, L.P. (“SV III”), Storm Ventures Affiliates Fund III, L.P. (“SVA III”), Storm Ventures Principals Fund III, L.L.C. (“SVP III”), Storm Venture Associates III, L.L.C. (“SVA LLC”), Tae Hea Nahm, Ryan Floyd, M. Alex Mendez and Sanjay Subhedar (collectively, the “Reporting Persons”). The Reporting Persons have entered into a Joint Filing Agreement, dated February 13, 2015, a copy of which is filed as an exhibit to this Amendment No. 1 to the Statement, pursuant to which the Reporting Persons have agreed to file the Statement and all amendments thereto jointly in accordance with the provisions of Rule 13d-1(k)(1) under the Act.

  (b)

Address of Principal Business Office or, if none, Residence:

 

c/o Storm Ventures

2440 Sand Hill Road

Menlo Park, CA 94025

  (c)

Citizenship:

 

See Item 4 of the cover page for each Reporting Person

  (d)

Title of Class of Securities:

 

Common Stock

  (e)

CUSIP Number:

 

57063L107

 
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.

 

Item 4. Ownership
The approximate percentages of the Issuer’s common stock reported as beneficially owned by each Reporting Person is based upon 41,212,204 shares outstanding as of November 6, 2014, as reported in the Issuer’s quarterly report on Form 10-Q filed with the Securities and Exchange Commission on November 10, 2014; provided, that the approximate percentage of the Issuer’s common stock reported as beneficially owned by Tae Hea Nahm is based upon 41,229,004 shares of the Issuer’s common stock, which includes 41,212,204 shares outstanding as of November 6, 2014 and 16,800 shares of the Issuer’s common stock that Tae Hea Nahm has the right to acquire within 60 days after December 31, 2014 upon the exercise of a stock option granted to him for his services as a director of the Issuer.
  (a)

Amount beneficially owned:   

 

See Row 9 of the cover page for each Reporting Person.

 

  (b)

Percent of class:   

 

See Row 11 of the cover page for each Reporting Person.

 

 

 

10
 

 

 

  (c) Number of shares as to which the person has:
    (i)

Sole power to vote or to direct the vote   

 

See Row 5 of the cover page for each Reporting Person.

 

    (ii)

Shared power to vote or to direct the vote    

 

See Row 6 of the cover page for each Reporting Person.

 

    (iii)

Sole power to dispose or to direct the disposition of   

 

See Row 7 of the cover page for each Reporting Person.

 

    (iv)

Shared power to dispose or to direct the disposition of   

 

See Row 8 of the 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 partnership agreements of SV III, SVA III and SVP III, the general and limited partners may be deemed to have the right to receive dividends from, or the proceeds from, the sale of shares of the Issuer’s common stock owned by the applicable fund. Under certain circumstances set forth in the limited liability company agreement of SVA LLC, the members may be deemed to have the right to receive dividends from, or the proceeds from, the sale of shares of the Issuer’s common stock owned by SVA LLC.
 
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 the Group

 

Not Applicable.

 

Item 10. Certifications

 

Not Applicable.

 

11
 

 

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 13, 2015

 

  Storm Ventures Fund III, L.P.
     
  By: Storm Venture Associates III, L.L.C., its General Partner
     
  By: /s/ Kevin Melia
    Kevin Melia
    Attorney-in-Fact
     
  Storm Ventures Affiliates Fund III, L.P.
     
  By: Storm Venture Associates III, L.L.C., its General Partner
     
  By: /s/ Kevin Melia
    Kevin Melia
    Attorney-in-Fact
     
  Storm Ventures Principals Fund III, L.L.C.
     
  By: Storm Venture Associates III, L.L.C., its Managing Member
     
  By: /s/ Kevin Melia
    Kevin Melia
    Attorney-in-Fact
     
  Storm Venture Associates III, L.L.C.
     
  By: /s/ Kevin Melia
    Kevin Melia
    Attorney-in-Fact
     
  Tae Hea Nahm
     
  By: /s/ Kevin Melia
   

Kevin Melia

Attorney-in-Fact

     
  Ryan Floyd

 

 

     
  By: /s/Kevin Melia
   

 

 

Kevin Melia

Attorney-in-Fact

       
  M. Alex Mendez
       
  By: /s/Kevin Melia
   

 

 

Kevin Melia

Attorney-in-Fact

       
  Sanjay Subhedar
       
  By: /s/Kevin Melia
   

 

 

Kevin Melia

Attorney-in-Fact

12
 

 

EXHIBIT INDEX

 

Exhibit 1: Joint Filing Agreement pursuant to Rule 13d-1(k)(1)

 

Exhibit 2: Power of Attorney – Storm Ventures Fund III, L.P.

 

Exhibit 3: Power of Attorney – Storm Ventures Affiliates Fund III, L.P.

 

Exhibit 4: Power of Attorney – Storm Ventures Principals Fund III, L.L.C.

 

Exhibit 5: Power of Attorney – Storm Venture Associates III, L.L.C.

 

Exhibit 6: Power of Attorney – Tae Hea Nahm

 

Exhibit 7: Power of Attorney – Ryan Floyd

 

Exhibit 8: Power of Attorney – M. Alex Mendez

 

Exhibit 9: Power of Attorney – Sanjay Subhedar

 

13