CUSIP No. 87336U105
|
13G
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Page 2 of 19
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1
|
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
New Enterprise Associates 11, Limited Partnership
|
||
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
|
5
|
SOLE VOTING POWER
0 shares
|
|
SHARES
BENEFICIALLY
OWNED BY
|
6
|
SHARED VOTING POWER
9,642,576 shares
|
|
EACH
REPORTING
PERSON
|
7
|
SOLE DISPOSITIVE POWER
0 shares
|
|
WITH:
|
8
|
SHARED DISPOSITIVE POWER
9,642,576 shares
|
|
9
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9,642,576 shares
|
||
10
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) o
|
||
11
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
36.0%
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||
12
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TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
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CUSIP No. 87336U105
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13G
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Page 3 of 19
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1
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NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
NEA Partners 11, Limited Partnership
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||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) o
(b) o
|
||
3
|
SEC USE ONLY
|
||
4
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CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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||
NUMBER OF
|
5
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SOLE VOTING POWER
0 shares
|
|
SHARES
BENEFICIALLY
OWNED BY
|
6
|
SHARED VOTING POWER
9,642,576 shares
|
|
EACH
REPORTING
PERSON
|
7
|
SOLE DISPOSITIVE POWER
0 shares
|
|
WITH:
|
8
|
SHARED DISPOSITIVE POWER
9,642,576 shares
|
|
9
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9,642,576 shares
|
||
10
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) o
|
||
11
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
36.0%
|
||
12
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TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
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CUSIP No. 87336U105
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13G
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Page 4 of 19
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1
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NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
NEA 11 GP, LLC
|
||
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
|
5
|
SOLE VOTING POWER
0 shares
|
|
SHARES
BENEFICIALLY
OWNED BY
|
6
|
SHARED VOTING POWER
9,642,576 shares
|
|
EACH
REPORTING
PERSON
|
7
|
SOLE DISPOSITIVE POWER
0 shares
|
|
WITH:
|
8
|
SHARED DISPOSITIVE POWER
9,642,576 shares
|
|
9
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9,642,576 shares
|
||
10
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) o
|
||
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
36.0%
|
||
12
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
OO
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CUSIP No. 87336U105
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13G
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Page 5 of 19
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1
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NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
M. James Barrett
|
||
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
|
||
NUMBER OF
|
5
|
SOLE VOTING POWER
0 shares
|
|
SHARES
BENEFICIALLY
OWNED BY
|
6
|
SHARED VOTING POWER
9,642,576 shares
|
|
EACH
REPORTING
PERSON
|
7
|
SOLE DISPOSITIVE POWER
0 shares
|
|
WITH:
|
8
|
SHARED DISPOSITIVE POWER
9,642,576 shares
|
|
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9,642,576 shares
|
||
10
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) o
|
||
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
36.0%
|
||
12
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
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CUSIP No. 87336U105
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13G
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Page 6 of 19
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1
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NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Peter J. Barris
|
||
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
|
||
NUMBER OF
|
5
|
SOLE VOTING POWER
0 shares
|
|
SHARES
BENEFICIALLY
OWNED BY
|
6
|
SHARED VOTING POWER
9,642,576 shares
|
|
EACH
REPORTING
PERSON
|
7
|
SOLE DISPOSITIVE POWER
0 shares
|
|
WITH:
|
8
|
SHARED DISPOSITIVE POWER
9,642,576 shares
|
|
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9,642,576 shares
|
||
10
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) o
|
||
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
36.0%
|
||
12
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
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CUSIP No. 87336U105
|
13G
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Page 7 of 19
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1
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NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Forest Baskett
|
||
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
|
||
NUMBER OF
|
5
|
SOLE VOTING POWER
9,165 shares
|
|
SHARES
BENEFICIALLY
OWNED BY
|
6
|
SHARED VOTING POWER
9,642,576 shares
|
|
EACH
REPORTING
PERSON
|
7
|
SOLE DISPOSITIVE POWER
9,165 shares
|
|
WITH:
|
8
|
SHARED DISPOSITIVE POWER
9,642,576 shares
|
|
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9,651,741 shares
|
||
10
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) o
|
||
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
36.0%
|
||
12
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
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CUSIP No. 87336U105
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13G
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Page 8 of 19
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1
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NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Ryan D. Drant
|
||
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
|
||
NUMBER OF
|
5
|
SOLE VOTING POWER
0 shares
|
|
SHARES
BENEFICIALLY
OWNED BY
|
6
|
SHARED VOTING POWER
9,642,576 shares
|
|
EACH
REPORTING
PERSON
|
7
|
SOLE DISPOSITIVE POWER
0 shares
|
|
WITH:
|
8
|
SHARED DISPOSITIVE POWER
9,642,576 shares
|
|
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9,642,576 shares
|
||
10
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) o
|
||
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
36.0%
|
||
12
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
|
CUSIP No. 87336U105
|
13G
|
Page 9 of 19
|
1
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NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Krishna S. Kolluri
|
||
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
|
||
NUMBER OF
|
5
|
SOLE VOTING POWER
0 shares
|
|
SHARES
BENEFICIALLY
OWNED BY
|
6
|
SHARED VOTING POWER
9,642,576 shares
|
|
EACH
REPORTING
PERSON
|
7
|
SOLE DISPOSITIVE POWER
0 shares
|
|
WITH:
|
8
|
SHARED DISPOSITIVE POWER
9,642,576 shares
|
|
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9,642,576 shares
|
||
10
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) o
|
||
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
36.0%
|
||
12
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
|
CUSIP No. 87336U105
|
13G
|
Page 10 of 19
|
1
|
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Scott D. Sandell
|
||
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
|
||
NUMBER OF
|
5
|
SOLE VOTING POWER
9,165 shares
|
|
SHARES
BENEFICIALLY
OWNED BY
|
6
|
SHARED VOTING POWER
9,642,576 shares
|
|
EACH
REPORTING
PERSON
|
7
|
SOLE DISPOSITIVE POWER
9,165 shares
|
|
WITH:
|
8
|
SHARED DISPOSITIVE POWER
9,642,576 shares
|
|
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9,651,741 shares
|
||
10
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) o
|
||
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
36.0%
|
||
12
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
|
CUSIP No. 87336U105
|
13G
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Page 11 of 19
|
Item 1(a).
|
Name of Issuer:
|
Item 1(b).
|
Address of Issuer’s Principal Executive Offices:
|
Item 2(a).
|
Names of Persons Filing:
|
Item 2(b).
|
Address of Principal Business Office or, if None, Residence:
The address of the principal business office of NEA 11, NEA Partners 11 and NEA 11 GP is New Enterprise Associates, 1954 Greenspring Drive, Suite 600, Timonium, MD 21093. The address of the principal business office of Baskett, Kolluri and Sandell is New Enterprise Associates, 2855 Sand Hill Road, Menlo Park, California 94025. The address of the principal business office of Barrett, Barris and Drant is New Enterprise Associates, 5425 Wisconsin Avenue, Suite 800, Chevy Chase, MD 20815
|
Item 2(c).
|
Citizenship:
NEA 11 and NEA Partners 11 are limited partnerships organized under the laws of the State of Delaware. NEA 11 GP is a limited liability company organized under the laws of the State of Delaware. Each of the Managers is a United States citizen.
|
Item 2(d).
|
Title of Class of Securities:
Class A common stock, $.0001 par value (“Common Stock”).
|
Item 2(e).
|
CUSIP Number:
87336U105.
|
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.
|
(a)
|
Amount beneficially owned:
|
CUSIP No. 87336U105
|
13G
|
Page 12 of 19
|
NEA 11 is the record owner of Class B common stock (“Class B Common Stock”) as described below. As described in the Issuer’s prospectus filed under Rule 424(b)(4), filed with the Securities and Exchange Commission on November 8, 2013 (the “Prospectus”), holders of Class B Common Stock are entitled to ten votes per share while holders of the Common Stock are entitled to one vote per share. In addition, holders of Class B Common Stock and holders of Common Stock generally vote together as a single class. This single class would consist of 59,152,528 shares, which includes (i) 17,130,000 shares of Common Stock (the “Prospectus Shares”) and (ii) 42,022,528 shares of Class B Common Stock reported by the Issuer to be outstanding immediately after the offering on the Prospectus. As further described in the Prospectus, each share of Class B Common Stock is convertible by the holder at any time into one share of Common Stock and each such share will convert automatically into Common Stock upon the occurrence of certain other events.
|
NEA 11 is the record owner of 9,642,576 shares of Class B common stock as of December 31, 2013 (the “NEA 11 Class B Shares”). As each NEA 11 Class B Share is convertible by the holder at any time into one share of Common Stock, as described above, NEA 11 may therefore be deemed to own beneficially 9,642,576 shares of Common Stock (the “NEA 11 Common Shares”). As the sole general partner of NEA 11, NEA Partners 11 may be deemed to own beneficially the NEA 11 Common Shares. As the general partner of NEA Partners 11, NEA 11 GP likewise may be deemed to own beneficially the NEA 11 Common Shares. As the individual managers of NEA 11 GP, each of the Managers also may be deemed to own beneficially the NEA 11 Common Shares.
|
As of December 31, 2013, Baskett is the record owner of options to purchase 9,165 shares of Class B common stock (the “Baskett Option Shares”) exercisable within sixty days. As each Baskett Option Share is convertible by the holder at any time into one share of Common Stock, as described above, Baskett may be deemed to be the beneficial owner of 9,165 shares of Common Stock (the “Baskett Common Shares”) in addition to the NEA 11 Common Shares.
|
As of December 31, 2013, Sandell is the record owner of options to purchase 9,165 shares of Class B common stock (the “Sandell Option Shares”) exercisable within sixty days. As each Sandell Option Share is convertible by the holder at any time into one share of Common Stock, as described above, Sandell may be deemed to be the beneficial owner of 9,165 shares of Common Stock (the “Sandell Common Shares”) in addition to the NEA 11 Common Shares.
|
(b) |
Percent of Class: See Line 11 of cover sheets. The percentages set forth on the cover sheets for each Reporting Person other than Baskett and Sandell are calculated based on 26,772,526 shares, which includes (i) the Prospectus Shares reported by the Issuer to be outstanding immediately after the offering on the Prospectus and (ii) the 9,642,576 shares of Common Stock into which the NEA 11 Class B Shares are convertible. The percentage set forth on the cover sheet for Baskett is calculated based on 26,781,741 shares, which includes (i) the Prospectus Shares reported by the Issuer to be outstanding immediately after the offering on the Prospectus, (ii) the 9,642,576 shares of Common Stock into which the NEA 11 Class B Shares are convertible and (iii) the 9,165 shares of Common Stock into which the Baskett Option Shares are convertible. The percentage set forth on the cover sheet for Sandell is calculated based on 26,781,741 shares, which includes (i) the Prospectus Shares reported by the Issuer to be outstanding immediately after the offering on the Prospectus, (ii) the 9,642,576 shares of Common Stock into which the NEA 11 Class B Shares are convertible and (iii) the 9,165 shares of Common Stock into which the Sandell Option Shares are convertible.
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CUSIP No. 87336U105
|
13G
|
Page 13 of 19
|
(c) |
Number of shares as to which such person has:
|
(i)
|
sole power to vote or to direct the vote: See Line 5 of cover sheets.
|
(ii)
|
shared power to vote or to direct the vote: See Line 6 of cover sheets.
|
(iii)
|
sole power to dispose or to direct the disposition of: See Line 7 of cover sheets.
|
(iv)
|
shared power to dispose or to direct the disposition of: See Line 8 of cover sheets.
|
Item 5.
|
Ownership of Five Percent or Less of a Class.
|
Item 6.
|
Ownership of More than Five Percent on Behalf of Another Person.
|
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. The Reporting Persons expressly disclaim membership in a “group” as used in Rule 13d-5(b).
|
Item 9.
|
Notice of Dissolution of Group.
|
|
Not applicable.
|
Item 10.
|
Certification.
|
|
Not applicable. This Schedule 13G is not filed pursuant to Rule 13d-1(b) or Rule 13d-1(c).
|
CUSIP No. 87336U105
|
13G
|
Page 14 of 19
|
By:
|
NEA PARTNERS 11, LIMITED PARTNERSHIP
|
|
General Partner
|
By:
|
NEA 11 GP, LLC
General Partner
|
By:
|
*
Peter J. Barris
Manager
|
By:
|
NEA 11 GP, LLC
General Partner
|
By:
|
*
Peter J. Barris
Manager
|
By:
|
*
Peter J. Barris
Manager
|
*
M. James Barrett
|
*
Peter J. Barris
|
CUSIP No. 87336U105
|
13G
|
Page 15 of 19
|
*
Forest Baskett
|
*
Ryan D. Drant
|
*
Krishna S. Kolluri
|
*
Scott D. Sandell
|
|
*By: /s/ Louis S. Citron
Louis S. Citron
As attorney-in-fact
|
CUSIP No. 87336U105
|
13G
|
Page 16 of 19
|
By:
|
NEA PARTNERS 11, LIMITED PARTNERSHIP
|
|
General Partner
|
By:
|
NEA 11 GP, LLC
General Partner
|
By:
|
*
Peter J. Barris
Manager
|
By:
|
NEA 11 GP, LLC
General Partner
|
By:
|
*
Peter J. Barris
Manager
|
By:
|
*
Peter J. Barris
Manager |
*
M. James Barrett
|
CUSIP No. 87336U105
|
13G
|
Page 17 of 19
|
*
Peter J. Barris
|
*
Forest Baskett
|
*
Ryan D. Drant
|
*
Krishna S. Kolluri
|
*
Scott D. Sandell
|
*By: /s/ Louis S. Citron
Louis S. Citron
As attorney-in-fact
|
CUSIP No. 87336U105
|
13G
|
Page 18 of 19
|
CUSIP No. 87336U105
|
13G
|
Page 19 of 19
|