Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
New Leaf Ventures I, L.P.
  2. Issuer Name and Ticker or Trading Symbol
CONCERT PHARMACEUTICALS, INC. [CNCE]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
C/O NEW LEAF VENTURES, TIMES SQUARE TOWER, 7 TIMES SQ, STE 3502
3. Date of Earliest Transaction (Month/Day/Year)
02/19/2014
(Street)

NEW YORK, NY 10036
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/19/2014   C   78,315 (1) A (1) 93,606 D (2)  
Common Stock 02/19/2014   C   13,721 (1) A (1) 107,327 D (2)  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Series B Preferred Stock $ 0 02/19/2014   C   442,478     (1)   (1) Common Stock 78,315 $ 0 0 D (2)  
Series C Preferred Stock $ 0 02/19/2014   C   77,522     (1)   (1) Common Stock 13,721 $ 0 0 D (2)  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
New Leaf Ventures I, L.P.
C/O NEW LEAF VENTURES
TIMES SQUARE TOWER, 7 TIMES SQ, STE 3502
NEW YORK, NY 10036
    X    
New Leaf Venture Management I, L.P.
C/O NEW LEAF VENTURES
TIMES SQUARE TOWER, 7 TIMES SQ, STE 3502
NEW YORK, NY 10036
    X    
New Leaf Venture Management I, L.L.C.
C/O NEW LEAF VENTURES
TIMES SQUARE TOWER, 7 TIMES SQ, STE 3502
NEW YORK, NY 10036
    X    
Chambon Philippe O.
C/O NEW LEAF VENTURES
TIMES SQUARE TOWER, 7 TIMES SQ, STE 3502
NEW YORK, NY 10036
    X    
NIEDEL JAMES
C/O NEW LEAF VENTURES
TIMES SQUARE TOWER, 7 TIMES SQ, STE 3502
NEW YORK, NY 10036
    X    
HUNT RONALD
C/O NEW LEAF VENTURES
TIMES SQUARE TOWER, 7 TIMES SQ, STE 3502
NEW YORK, NY 10036
    X    
Lathi Vijay K
C/O NEW LEAF VENTURES
1200 PARK PLACE, SUITE 300
SAN MATEO, CA 94043
    X    
Delagardelle Jeani
C/O NEW LEAF VENTURES
1200 PARK PLACE, SUITE 300
SAN MATEO, CA 94043
    X    
Ratcliffe Liam
C/O NEW LEAF VENTURES
TIMES SQUARE TOWER, 7 TIMES SQ, STE 3502
NEW YORK, NY 10036
    X    

Signatures

 /s/ Craig L. Slutzkin, Chief Financial Officer of New Leaf Venture Management I, L.L.C., the sole general partner of New Leaf Venture Management I, L.P., the sole general partner of New Leaf Ventures I, L.P.   02/21/2014
**Signature of Reporting Person Date

 /s/ Craig L. Slutzkin, Chief Financial Officer of New Leaf Venture Management I, L.L.C., the sole general partner of New Leaf Venture Management I, L.P.   02/21/2014
**Signature of Reporting Person Date

 /s/ Craig L. Slutzkin, Chief Financial Officer of New Leaf Venture Management I, L.L.C.   02/21/2014
**Signature of Reporting Person Date

 /s/ Craig L. Slutzkin, as Attorney-in-Fact for Philippe O. Chambon   02/21/2014
**Signature of Reporting Person Date

 /s/ Craig L. Slutzkin, as Attorney-in-Fact for James Niedel   02/21/2014
**Signature of Reporting Person Date

 /s/ Craig L. Slutzkin, as Attorney-in-Fact for Ronald Hunt   02/21/2014
**Signature of Reporting Person Date

 /s/ Craig L. Slutzkin, as Attorney-in-Fact for Vijay Lathi   02/21/2014
**Signature of Reporting Person Date

 /s/ Craig L. Slutzkin, as Attorney-in-Fact for Jeani Delagardelle   02/21/2014
**Signature of Reporting Person Date

 /s/ Craig L. Slutzkin, as Attorney-in-Fact for Liam Ratcliffe   02/21/2014
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The shares automatically converted into Common Stock on a 1-for-5.65 basis upon the closing of the Issuer's initial public offering without payment of further consideration and had no expiration date.
(2) Represents shares directly beneficially owned by New Leaf Ventures I, L.P. ("NLV I"). New Leaf Venture Management I, L.P. ("NLV Venture Management I") is the general partner of NLV I and New Leaf Venture Management I, L.L.C. ("NLV Management I") is the general partner of NLV Venture Managemen I. Philippe O. Chambon, Jeani Delagardelle, Ronald Hunt, Vijay Lathi, James Niedel and Liam Ratcliffe are the individual managers of NLV Management I (the "Individual Managers"). NLV Venture Managemen I and NLV Management I disclaim beneficial ownership of such shares, except to the extent of their pecuniary interest therein. As one of six individual managers, each of the Individual Managers disclaims beneficial ownership over the shares reported herein, and in all events disclaims pecuniary interest except to the extent of his economic interest.

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