0001072613-19-000022.txt : 20190130 0001072613-19-000022.hdr.sgml : 20190130 20190130145422 ACCESSION NUMBER: 0001072613-19-000022 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20190130 DATE AS OF CHANGE: 20190130 GROUP MEMBERS: DAVID M. MOTT GROUP MEMBERS: FOREST BASKETT GROUP MEMBERS: MICHAEL JAMES BARRETT GROUP MEMBERS: NEA 13 GP, LTD GROUP MEMBERS: NEA 15 GP, LLC GROUP MEMBERS: NEA 15 OPPORTUNITY FUND, L.P. GROUP MEMBERS: NEA PARTNERS 13, L.P. GROUP MEMBERS: NEA PARTNERS 15-OF, L.P. GROUP MEMBERS: PATRICK J. KERINS GROUP MEMBERS: PETER J. BARRIS GROUP MEMBERS: SCOTT D. SANDELL SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: TESARO, Inc. CENTRAL INDEX KEY: 0001491576 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] IRS NUMBER: 272249687 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-86904 FILM NUMBER: 19551526 BUSINESS ADDRESS: STREET 1: 1000 WINTER STREET, SUITE 3300 CITY: WALTHAM STATE: MA ZIP: 02451 BUSINESS PHONE: (339) 970-0900 MAIL ADDRESS: STREET 1: 1000 WINTER STREET, SUITE 3300 CITY: WALTHAM STATE: MA ZIP: 02451 FORMER COMPANY: FORMER CONFORMED NAME: Tesaro, Inc. DATE OF NAME CHANGE: 20100510 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: NEW ENTERPRISE ASSOCIATES 13 LP CENTRAL INDEX KEY: 0001452907 IRS NUMBER: 000000000 STATE OF INCORPORATION: E9 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 1119 ST PAUL STREET CITY: BALTIMORE STATE: MD ZIP: 21202 BUSINESS PHONE: 410-244-0115 MAIL ADDRESS: STREET 1: 1119 ST PAUL STREET CITY: BALTIMORE STATE: MD ZIP: 21202 SC 13D/A 1 tesaro-sch13d_18279.htm NEW ENTERPRISE ASSOC. 13, LP - TESARO, INC. -- SCHEDULE 13D/A (#5E)

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



SCHEDULE 13D

Under the Securities Exchange Act of 1934
(Amendment No. 5)*
 

 

TESARO, Inc.

(Name of Issuer)
 

Common Stock, $.0001 par value

(Title of Class of Securities)
 

881569107

(CUSIP Number)

 
Louis S. Citron, Esq.
New Enterprise Associates
1954 Greenspring Drive, Suite 600, Timonium, MD  21093
(410) 842-4000

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
 

January 22, 2019

(Date of Event which Requires Filing of this Statement)

 
 
 
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

Note:  Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits.  See §240.13d-7 for other parties to whom copies are to be sent.

*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).
 

 
 
CUSIP No.     881569107
13D
Page 2 of 11 Pages    
 
 
Schedule 13D
 
 
 
Item 1.
Security and Issuer.

This Amendment No. 5 ("Amendment No. 5") to Schedule 13D amends and restates the statement on Schedule 13D originally filed on July 10, 2012, Amendment No. 1 thereto filed on June 10, 2015, Amendment No. 2 thereto filed on March 28, 2016, Amendment No. 3 thereto filed on March 9, 2018 and Amendment No. 4 thereto filed on December 6, 2018, relating to the common stock, $.0001 par value (the "Common Stock") of TESARO, Inc. (the "Issuer") having its principal executive office at 1000 Winter Street, Waltham, MA 02451.

Certain terms used but not defined in this Amendment No. 5 have the meanings assigned thereto in the Schedule 13D (including Amendment No. 1, Amendment No. 2, Amendment No. 3 and Amendment No. 4 thereto).  Except as specifically provided herein, this Amendment No. 5 does not modify any of the information previously reported on the Schedule 13D (including Amendment No. 1, Amendment No. 2, Amendment No. 3 and Amendment No. 4 thereto).
 

Item 2.
Identity and Background.

This statement is being filed by:

(a) New Enterprise Associates 13, L.P. ("NEA 13") and NEA 15 Opportunity Fund, L.P. ("NEA 15-OF" and, together with NEA 13, the "Funds");

(b) NEA Partners 13, L.P. ("NEA Partners 13"), which is the sole general partner of NEA 13; NEA Partners 15-OF, L.P. ("NEA Partners 15-OF" and, together with NEA Partners 13, the "GPLPs"), which is the sole general partner of NEA 15-OF; NEA 13 GP, LTD ("NEA 13 LTD"), which is the sole general partner of NEA Partners 13, NEA 15 GP, LLC ("NEA 15 LLC" and, collectively with the GPLPs and NEA 13 LTD, the "Control Entities"), which is the sole general partner of NEA Partners 15-OF; and

(c) Peter J. Barris ("Barris"), Forest Baskett ("Baskett"), Patrick J. Kerins ("Kerins"), David D. Mott ("Mott"), Scott D. Sandell ("Sandell") (collectively, the "Directors") and Michael James Barrett ("Barrett").

Barris, Baskett, Mott and Sandell are directors of NEA 13 LTD and managers of NEA 15 LLC.  Kerins is a director of NEA 13 LTD.

The persons named in this Item 2 are referred to individually herein as a "Reporting Person" and collectively as the "Reporting Persons."

The address of the principal business office of the Funds and each Control Entity is New Enterprise Associates, 1954 Greenspring Drive, Suite 600, Timonium, MD 21093.  The address of the principal business office of each of Barris, Kerins and Mott is New Enterprise Associates, 5425 Wisconsin Avenue, Suite 800, Chevy Chase, MD 20815.  The address of the principal business office of Baskett and Sandell is New Enterprise Associates, 2855 Sand Hill Road, Menlo Park, California 94025.

During the five years prior to the date hereof, none of the Reporting Persons has been convicted in a criminal proceeding or has been a party to a civil proceeding ending in a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.

NEA 13 and the NEA Partners 13 are exempt limited partnerships organized under the laws of the Cayman Islands.  NEA 13 LTD is an exempted company organized under the laws of the Cayman Islands.  NEA 15-OF and NEA Partners 15-OF are limited partnerships organized under the laws of the State of Delaware.  NEA 15 LLC is a limited liability company organized under the laws of the State of Delaware.  Each of the Directors is a United States citizen.
 
 

CUSIP No.     881569107
13D
Page 3 of 11 Pages    
 
 

 
Item 4.
Purpose of Transaction.

Not applicable.

 
Item 5.
Interest in Securities of the Issuer.

Each of the Reporting Persons has ceased to own beneficially five percent or more of the Issuer's Common Stock.
 
 
Item 7.
Material to be Filed as Exhibits.

Exhibit 1 – Agreement regarding filing of joint Schedule 13D.

Exhibit 2 – Power of Attorney regarding filings under the Securities Exchange Act of 1934, as amended.

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

CUSIP No.     881569107
13D
Page 4 of 11 Pages    
 

SIGNATURE

After reasonable inquiry and to the best of its knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.

EXECUTED this 30th day of January, 2019.


NEW ENTERPRISE ASSOCIATES 13, L.P.

By: NEA PARTNERS 13, L.P.
General Partner

By: NEA 13 GP, LTD
General Partner


By:         *                                                 
      Peter J. Barris
      Director


NEA PARTNERS 13, L.P.

By: NEA 13 GP, LTD
General Partner


By:                    *                                             
                 Peter J. Barris
                 Director

 

NEA 13 GP, LTD

By:                   *                                              
 Peter J. Barris 
 Director
 
 
 
         *                                                              
Peter J. Barris
 

         *                                                              
Forest Baskett
 



CUSIP No.     881569107
13D
Page 5 of 11 Pages    
 
 

 
         *                                                              
Patrick J. Kerins
 

         *                                                              
David M. Mott
 

         *                                                              
Scott D. Sandell
 
 
 
 
NEA 15 OPPORTUNITY FUND, L.P.

By:
NEA PARTNERS 15-OF, L.P.
General Partner

By:
NEA 15 GP, LLC
General Partner


By:         *                                                  
Louis S. Citron
Chief Legal Officer


NEA PARTNERS 15-OF, L.P.

By:
NEA 15 GP, LLC
General Partner


By:          *                                                                                 
       Louis S. Citron
       Chief Legal Officer



NEA 15 GP, LLC

By:                   *                                                                        
Louis S. Citron
Chief Legal Officer
 
 

CUSIP No.     881569107
13D
Page 6 of 11 Pages    
 
 
 
 
 
         *                                                              
Peter J. Barris


         *                                                              
Forest Baskett

 
         *                                                              
David M. Mott
 

         *                                                              
Scott D. Sandell

 
 
 
 

 
*/s/ Sasha O. Keough                         
Sasha O. Keough
As attorney-in-fact
 

This Amendment No. 5 to Schedule 13D was executed by Sasha O. Keough on behalf of the individuals listed above pursuant to a Power of Attorney a copy of which is attached as Exhibit 2.
 
 
 
 
 

CUSIP No.     881569107
13D
Page 7 of 11 Pages    
 
EXHIBIT 1


AGREEMENT

Pursuant to Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, the undersigned hereby agree that only one statement containing the information required by Schedule 13D need be filed with respect to the ownership by each of the undersigned of shares of stock of TESARO, Inc.
 
EXECUTED this 30th day of January, 2019.
 
 
 
 
NEW ENTERPRISE ASSOCIATES 13, L.P.

By: NEA PARTNERS 13, L.P.
General Partner

By: NEA 13 GP, LTD
General Partner


By:         *                                                 
      Peter J. Barris
      Director


NEA PARTNERS 13, L.P.

By: NEA 13 GP, LTD
General Partner


By:                    *                                             
                 Peter J. Barris
                 Director

 

NEA 13 GP, LTD

By:                   *                                              
 Peter J. Barris 
 Director
 
 
 
         *                                                              
Peter J. Barris

 
         *                                                              
Forest Baskett
 
 

CUSIP No.     881569107
13D
Page 8 of 11 Pages    
 
 

 
         *                                                              
Patrick J. Kerins
 

         *                                                              
David M. Mott
 

         *                                                              
Scott D. Sandell
 
 
 
 
 
NEA 15 OPPORTUNITY FUND, L.P.

By:
NEA PARTNERS 15-OF, L.P.
General Partner

By:
NEA 15 GP, LLC
General Partner


By:         *                                                  
Louis S. Citron
Chief Legal Officer


NEA PARTNERS 15-OF, L.P.

By:
NEA 15 GP, LLC
General Partner


By:          *                                                                                 
       Louis S. Citron
       Chief Legal Officer



NEA 15 GP, LLC

By:                   *                                                                        
Louis S. Citron
Chief Legal Officer
 
 

CUSIP No.     881569107
13D
Page 9 of 11 Pages    
 
 
 
 
         *                                                              
Peter J. Barris


         *                                                              
Forest Baskett

 
         *                                                              
David M. Mott
 

         *                                                              
Scott D. Sandell

 
 
 
 
 

*/s/ Sasha O. Keough                  
Sasha O. Keough
As attorney-in-fact


This Agreement relating to Schedule 13D was executed by Sasha O. Keough on behalf of the individuals listed above pursuant to a Power of Attorney a copy of which is attached hereto as Exhibit 2.
 
 
 
 
 
 
 
 

CUSIP No.     881569107
13D
Page 10 of 11 Pages    
 
 
EXHIBIT 2

POWER OF ATTORNEY

KNOW ALL MEN BY THESE PRESENTS, that the undersigned hereby constitutes and appoints Louis S. Citron, Timothy Schaller, Sasha Keough and Stephanie Brecher, and each of them, with full power to act without the others, his or her true and lawful attorney-in-fact, with full power of substitution, to sign any and all instruments, certificates and documents that may be necessary, desirable or appropriate to be executed on behalf of himself as an individual or in his or her capacity as a direct or indirect general partner, director, officer or manager of any partnership, corporation or limited liability company, pursuant to section 13 or 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and any and all regulations promulgated thereunder, and to file the same, with all exhibits thereto, and any other documents in connection therewith, with the Securities and Exchange Commission, and with any other entity when and if such is mandated by the Exchange Act or by the Financial Industry Regulatory Authority, granting unto said attorney-in-fact full power and authority to do and perform each and every act and thing necessary, desirable or appropriate, fully to all intents and purposes as he or she might or could do in person, thereby ratifying and confirming all that said attorney-in-fact, or his or her substitutes, may lawfully do or cause to be done by virtue hereof.

IN WITNESS WHEREOF, this Power of Attorney has been signed as of the 13th day of March, 2017.
 

/s/ M. James Barrett                    
M. James Barrett


/s/ Peter J. Barris                          
Peter J. Barris


/s/ Forest Baskett                        
Forest Baskett


/s/ Ali Behbahani                        
Ali Behbahani


/s/ Colin Bryant                           
Colin Bryant


/s/ Carmen Chang                        
Carmen Chang


/s/ Anthony A. Florence, Jr.     
Anthony A. Florence, Jr.


/s/ Carol G. Gallagher                  
Carol G. Gallagher


/s/ Dayna Grayson                      
Dayna Grayson


/s/ Patrick J. Kerins                     
Patrick J. Kerins


/s/ P. Justin Klein                        
P. Justin Klein
 
 
/s/ Vanessa Larco                        
Vanessa Larco


/s/ Joshua Makower                   
Joshua Makower
 

CUSIP No.     881569107
13D
Page 11 of 11 Pages    
 
 
 


/s/ Mohamad H. Makhzoumi     
Mohamad H. Makhzoumi


/s/ Edward T. Mathers               
Edward T. Mathers


/s/ David M. Mott                       
David M. Mott


/s/ Sara M. Nayeem                    
Sara M. Nayeem


/s/ Jason R. Nunn                       
Jason R. Nunn


/s/ Gregory Papadopoulos        
Gregory Papadopoulos


/s/ Chetan Puttagunta                
Chetan Puttagunta


/s/ Jon Sakoda                             
Jon Sakoda

 
/s/ Scott D. Sandell                     
Scott D. Sandell


/s/ A. Brooke Seawell                 
A. Brooke Seawell


/s/ Peter W. Sonsini                    
Peter W. Sonsini


/s/ Melissa Taunton                   
Melissa Taunton


/s/ Frank M. Torti                        
Frank M. Torti


/s/ Ravi Viswanathan                  
Ravi Viswanathan

 
/s/ Paul E. Walker                        
Paul E. Walker


/s/ Rick Yang                               
Rick Yang