OCULAR THERAPEUTIX, INC.
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(Name of Issuer)
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Common Stock, Par Value $0.0001 Per Share
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(Title of Class of Securities)
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67576A100
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(CUSIP Number)
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Frank S. Vellucci, Esq.
Norton Rose Fulbright US LLC
1301 Avenue of the Americas
New York, NY 10019
(212) 408-5100
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(Name, Address and Telephone Number of Person
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Authorized to Receive Notices and Communications) |
May 19, 2020
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(Date of Event which Requires Filing of this Statement)
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CUSIP No. 67576A100
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13D/A
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Page 2 of 5 Pages
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1
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NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
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Summer Road LLC
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
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(a)
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(b)
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3
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SEC USE ONLY
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4
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SOURCE OF FUNDS (SEE INSTRUCTIONS)
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PF
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5
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CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)
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☐
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6
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CITIZENSHIP OR PLACE OF ORGANIZATION
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Delaware |
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
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7
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SOLE VOTING POWER
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11,387,656 shares of Common Stock (see item 5(a))
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8
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SHARED VOTING POWER
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-0-
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9
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SOLE DISPOSITIVE POWER
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11,387,656 shares of Common Stock (see item 5(a))
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10
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SHARED DISPOSITIVE POWER
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-0-
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11
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
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11,387,656 shares of Common Stock (see item 5(a))
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12
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
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13
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
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17.0% (see item 5(b))
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14
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TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
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OO
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CUSIP No. 67576A100
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13D/A
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Page 3 of 5 Pages
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Item 3. |
Source and Amount of Funds or Other Consideration.
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Item 4. |
Purpose of Transaction.
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(a) |
The acquisition by any person of additional securities of the Issuer, or the disposition of securities of the Issuer;
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(b) |
An extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the Issuer or any of its subsidiaries;
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(c) |
A sale or transfer of a material amount of assets of the Issuer or any of its subsidiaries;
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(d) |
Any change in the present board of directors or management of the Issuer, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the board;
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(e) |
Any material change in the present capitalization or dividend policy of the Issuer;
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(f) |
Any other material change in the Issuer’s business or corporate structure;
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(g) |
Changes in the Issuer’s charter, bylaws or instruments corresponding thereto or other actions that may impede the acquisition of control of the Issuer by any person;
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(h) |
Causing a class of securities of the Issuer to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities
association;
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(i) |
A class of equity securities of the Issuer becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Securities Exchange Act of 1934, as amended; or
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(j) |
Any action similar to any of those enumerated above.
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CUSIP No. 67576A100
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13D/A
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Page 4 of 5 Pages
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Item 5. |
Interest in Securities of the Issuer.
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Shares of Common Stock
Beneficially Owned1
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Percent of Class2
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Summer Road:
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Sole Voting Power
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11,387,656
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17.0%
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Shared Voting Powers
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-0-
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0%
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Sole Dispositive Power
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11,387,656
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17.0%
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Shared Dispositive Power
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-0-
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0%
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Aggregate Voting and Dispositive Power
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11,387,656
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17.0%
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(1) |
Consists of (i) 5,618,424 shares of Common Stock plus (ii) 5,769,232 shares of Common Stock issuable upon conversion of the Notes. Represents
shares beneficially owned by Reporting Person through IMAs entered into with two Family Clients.
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(2) |
This calculation is rounded to the nearest tenth and is based upon (i) 53,364,261 shares of Common Stock outstanding on May 1, 2020, as reported in the Issuer’s Form 10-Q for
the quarterly period ended March 31, 2020 filed with the SEC on May 8, 2020 (File No. 001-36554), plus (ii) 8,181,819 shares of Common Stock issued in the Offering, as set forth in the
Final Prospectus. This calculation assumes that the 30-day overallotment option granted to the underwriters in the Offering to purchase up to 1,227,272 additional shares of Common Stock (as described in the Final Prospectus) is not exercised.
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CUSIP No. 67576A100
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13D/A
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Page 5 of 5 Pages
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Dated: May 21, 2020
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Summer Road LLC
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By:
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/s/ Richard A. Silberberg
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Name:
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Richard A. Silberberg | ||
Title:
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Chief Operating Officer |