0001193125-22-205170.txt : 20220729 0001193125-22-205170.hdr.sgml : 20220729 20220728192653 ACCESSION NUMBER: 0001193125-22-205170 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20220729 DATE AS OF CHANGE: 20220728 GROUP MEMBERS: LEE ROSENTHAL SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Paragon 28, Inc. CENTRAL INDEX KEY: 0001531978 STANDARD INDUSTRIAL CLASSIFICATION: SURGICAL & MEDICAL INSTRUMENTS & APPARATUS [3841] IRS NUMBER: 273170186 STATE OF INCORPORATION: CO FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-93355 FILM NUMBER: 221116766 BUSINESS ADDRESS: STREET 1: 8310 SOUTH VALLEY HIGHWAY STREET 2: SUITE 3115 CITY: ENGLEWOOD STATE: CO ZIP: 80112 BUSINESS PHONE: 888-728-1888 MAIL ADDRESS: STREET 1: 8310 SOUTH VALLEY HIGHWAY STREET 2: SUITE 3115 CITY: ENGLEWOOD STATE: CO ZIP: 80112 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Rosenthal Investment Company, LLC CENTRAL INDEX KEY: 0001938285 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: C/O PARAGON 28, INC. STREET 2: 14445 GRASSLANDS DRIVE CITY: ENGLEWOOD STATE: CO ZIP: 80112 BUSINESS PHONE: (730) 399-3400 MAIL ADDRESS: STREET 1: C/O PARAGON 28, INC. STREET 2: 14445 GRASSLANDS DRIVE CITY: ENGLEWOOD STATE: CO ZIP: 80112 SC 13G 1 d946475dsc13g.htm SC 13G SC 13G

 

 

Securities and Exchange Commission

Washington, D.C. 20549

 

 

Schedule 13G

(Rule 13d-102)

Information to be Included in Statements Filed Pursuant

to § 240.13d-1(b), (c) and (d) and Amendments Thereto Filed

Pursuant to § 240.13d-2

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No.    )*

 

 

Paragon 28, Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

69913P105

(CUSIP Number)

December 31, 2021

(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)

☒ 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).

 

 

 

Schedule 13G

 

CUSIP No. 69913P105    Page 1 of 7

 

  1    

  Names of Reporting Persons

 

  Rosenthal Investment Company, LLC

  2  

  Check the Appropriate Box if a Member of a Group

 

  (a)  ☐        (b)  ☐

  3  

  SEC Use Only

 

  4  

  Citizenship or Place of Organization

 

  Colorado

Number of

Shares

 Beneficially 

Owned by

Each

Reporting

Person

With

    5    

  Sole Voting Power

 

  0

   6  

  Shared Voting Power

 

  7,214,165

   7  

  Sole Dispositive Power

 

  0

   8  

  Shared Dispositive Power

 

  7,214,165

  9  

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  7,214,165

10  

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

 

  Not Applicable

11  

  Percent of Class Represented by Amount in Row 9

 

  9.4%

12  

  Type of Reporting Person

 

  OO

Schedule 13G

 

CUSIP No. 69913P105    Page 2 of 7

 

  1    

  Names of Reporting Persons

 

  Lee Rosenthal

  2  

  Check the Appropriate Box if a Member of a Group

 

  (a)  ☐        (b)  ☐

  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

 

  1,711,465

   6  

  Shared Voting Power

 

  7,318,300

   7  

  Sole Dispositive Power

 

  1,711,465

   8  

  Shared Dispositive Power

 

  7,318,300

  9  

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  9,029,765

10  

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

 

  Not Applicable

11  

  Percent of Class Represented by Amount in Row 9

 

  11.8%

12  

  Type of Reporting Person

 

  IN

Schedule 13G

 

CUSIP No. 69913P105    Page 3 of 7

 

ITEM 1. (a)

Name of Issuer:

Paragon 28, Inc. (the “Issuer”).

 

  (b)

Address of Issuer’s Principal Executive Offices:

14445 Grasslands Drive, Englewood, CO 80112

 

ITEM 2. (a)

Name of Person Filing:

Each of the following is hereinafter individually referred to as a “Reporting Person” and collectively as the “Reporting Persons.” This statement is filed on behalf of:

Rosenthal Investment Company, LLC

Lee Rosenthal

 

  (b)

Address or Principal Business Office:

The business address of each of the Reporting Persons is 7865 Forest Keep Circle, Parker, CO 80134.

 

  (c)

Citizenship of each Reporting Person is:

Rosenthal Investment Company, LLC is organized under the laws of Colorado. Lee Rosenthal is a citizen of the United States.

 

  (d)

Title of Class of Securities:

Common Stock, par value $0.01 per share (“Common Stock”).

 

  (e)

CUSIP Number:

69913P105

 

ITEM 3.

Not applicable.

Schedule 13G

 

CUSIP No. 69913P105    Page 4 of 7

 

ITEM 4.

Ownership.

 

    

(a-c)

The ownership information presented below represents beneficial ownership of Common Stock of the Issuer as of December 31, 2021, based upon 76,449,162 shares of Common Stock outstanding as of May 3, 2022, based on the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on May 9, 2022.

 

Reporting Person   

Amount

beneficially

owned

     

Percent

of class:

    

Sole power
to vote or to
direct the

vote:

      Shared power
to vote or to
direct the
vote:		     

Sole power
to dispose
or to direct
the
disposition

of:

     

Shared

power to

dispose or

to direct

the

disposition

of:

  

Rosenthal Investment Company, LLC(1)

      7,214,165        9.4 %      0        7,214,165        0        7,214,165  

Lee Rosenthal(2)

      9,029,765        11.8 %      1,711,465        7,318,300        1,711,465        7,318,300  

(1) Rosenthal Investment Company, LLC is the record holder of 7,214,165 shares of Common Stock in the Issuer.

(2) Mr. Rosenthal may be deemed the beneficial owner of 9,029,765 shares of Common Stock, which includes (i) 7,214,165 shares of Common Stock held by the Rosenthal Investment Company, LLC, where Mr. Rosenthal is a managing member, (ii) 1,423,965 shares of Common Stock held directly by Mr. Rosenthal, (iii) 104,135 shares of Common Stock held by his spouse and (iv) 287,500 shares of Common Stock issuable pursuant to vested stock options held by Mr. Rosenthal.

 

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.

Not applicable.

 

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.

Schedule 13G

 

CUSIP No. 69913P105    Page 5 of 7

 

ITEM 9.

Notice of Dissolution of Group.

Not applicable.

 

ITEM 10.

Certification.

Not applicable.

Schedule 13G

 

CUSIP No. 69913P105    Page 6 of 7

 

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: July 28, 2022

 

Rosenthal Investment Company, LLC
By:  

/s/ Lee Rosenthal

Name:   Lee Rosenthal
Title:   Managing Member
Lee Rosenthal

/s/ Lee Rosenthal

Schedule 13G

 

CUSIP No. 69913P105    Page 7 of 7

 

LIST OF EXHIBITS

 

Exhibit
No.

   

Description

99    Joint Filing Agreement.
 EX-99 2 d946475dex99.htm EX-99 EX-99

Exhibit 99

JOINT FILING AGREEMENT

In accordance with Rule 13d-1(k)(1) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree that they are jointly filing this statement on Schedule 13G. Each of them is responsible for the timely filing of such statement and any amendments thereto, and for the completeness and accuracy of the information concerning such person contained therein; but none of them is responsible for the completeness or accuracy of the information concerning the other persons making the filing, unless such person knows or has reason to believe that such information is inaccurate.

IN WITNESS WHEREOF, the undersigned hereby execute this Joint Filing Agreement as of July 28, 2022.

 

Rosenthal Investment Company, LLC
By:  

/s/ Lee Rosenthal

Name:   Lee Rosenthal
Title:   Managing Manager
Lee Rosenthal

/s/ Lee Rosenthal