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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
--------------
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 2)*
InnerWorkings, Inc.
-------------------
(Name of Issuer)
Common Stock, $.0001 par value per share
----------------------------------------
(Title of Class of Securities)
45773Y105
---------
(CUSIP Number)
December 31, 2008
-----------------
(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)
[X] 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).
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CUSIP NO. 45773Y105 13G PAGE 2 OF 24
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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)[_]
(b)[_]
----- -------------------------------------------------------------------------
3 SEC USE ONLY
----- -------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
----- --------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 7,127,067
OWNED BY ----- --------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0
WITH: ----- --------------------------------------------------------
8 SHARED DISPOSITIVE POWER
7,127,067
----- -------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,127,067
----- -------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS) [_]
----- -------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
14.7%
----- -------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
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CUSIP NO. 45773Y105 13G PAGE 3 OF 24
==================== ============
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1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
NEA Partners 11, Limited Partnership
----- -------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)(a)[_]
(b)[_]
----- -------------------------------------------------------------------------
3 SEC USE ONLY
----- -------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
----- --------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 7,127,067
OWNED BY ----- --------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0
WITH: ----- --------------------------------------------------------
8 SHARED DISPOSITIVE POWER
7,127,067
----- -------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,127,067
----- -------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS) [_]
----- -------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
14.7%
----- -------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
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CUSIP NO. 45773Y105 13G PAGE 4 OF 24
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1 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)[_]
(b)[_]
----- -------------------------------------------------------------------------
3 SEC USE ONLY
----- -------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
----- --------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 7,127,067
OWNED BY ----- --------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0
WITH: ----- --------------------------------------------------------
8 SHARED DISPOSITIVE POWER
7,127,067
----- -------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,127,067
----- -------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS) [_]
----- -------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
14.7%
----- -------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
OO
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CUSIP NO. 45773Y105 13G PAGE 5 OF 24
==================== ============
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1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Michael James Barrett
----- -------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)(a)[_]
(b)[_]
----- -------------------------------------------------------------------------
3 SEC USE ONLY
----- -------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
----- --------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 7,127,067
OWNED BY ----- --------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0
WITH: ----- --------------------------------------------------------
8 SHARED DISPOSITIVE POWER
7,127,067
----- -------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,127,067
----- -------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS) [_]
----- -------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
14.7%
----- -------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
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CUSIP NO. 45773Y105 13G PAGE 6 OF 24
==================== ============
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1 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)[_]
(b)[_]
----- -------------------------------------------------------------------------
3 SEC USE ONLY
----- -------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
----- --------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 7,130,118
OWNED BY ----- --------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0
WITH: ----- --------------------------------------------------------
8 SHARED DISPOSITIVE POWER
7,130,118
----- -------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,130,118
----- -------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS) [_]
----- -------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
14.7%
----- -------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
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CUSIP NO. 45773Y105 13G PAGE 7 OF 24
==================== ============
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1 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)[_]
(b)[_]
----- -------------------------------------------------------------------------
3 SEC USE ONLY
----- -------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
----- --------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 7,127,067
OWNED BY ----- --------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0
WITH: ----- --------------------------------------------------------
8 SHARED DISPOSITIVE POWER
7,127,067
----- -------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,127,067
----- -------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS) [_]
----- -------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
14.7%
----- -------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
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CUSIP NO. 45773Y105 13G PAGE 8 OF 24
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1 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)[_]
(b)[_]
----- -------------------------------------------------------------------------
3 SEC USE ONLY
----- -------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
5 SOLE VOTING POWER
365
----- --------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 7,129,280
OWNED BY ----- --------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 365
WITH: ----- --------------------------------------------------------
8 SHARED DISPOSITIVE POWER
7,129,280
----- -------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,129,645
----- -------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS) [_]
----- -------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
14.7%
----- -------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
================================================================================
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CUSIP NO. 45773Y105 13G PAGE 9 OF 24
==================== ============
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1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Krishna Kolluri
----- -------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)(a)[_]
(b)[_]
----- -------------------------------------------------------------------------
3 SEC USE ONLY
----- -------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
----- --------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 7,127,067
OWNED BY ----- --------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0
WITH: ----- --------------------------------------------------------
8 SHARED DISPOSITIVE POWER
7,127,067
----- -------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,127,067
----- -------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS) [_]
----- -------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
14.7%
----- -------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
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CUSIP NO. 45773Y105 13G PAGE 10 OF 24
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1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
C. Richard Kramlich
----- -------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)(a)[_]
(b)[_]
----- -------------------------------------------------------------------------
3 SEC USE ONLY
----- -------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
5 SOLE VOTING POWER
729
----- --------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 7,129,280
OWNED BY ----- --------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 729
WITH: ----- --------------------------------------------------------
8 SHARED DISPOSITIVE POWER
7,129,280
----- -------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,130,009
----- -------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS) [_]
----- -------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
14.7%
----- -------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
================================================================================
==================== =============
CUSIP NO. 45773Y105 13G PAGE 11 OF 24
==================== =============
================================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Charles M. Linehan
----- -------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)(a)[_]
(b)[_]
----- -------------------------------------------------------------------------
3 SEC USE ONLY
----- -------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
5 SOLE VOTING POWER
242
----- --------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 7,127,067
OWNED BY ----- --------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 242
WITH: ----- --------------------------------------------------------
8 SHARED DISPOSITIVE POWER
7,127,067
----- -------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,127,309
----- -------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS) [_]
----- -------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
14.7%
----- -------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
================================================================================
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CUSIP NO. 45773Y105 13G PAGE 12 OF 24
==================== =============
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1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Charles W. Newhall III
----- -------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)(a)[_]
(b)[_]
----- -------------------------------------------------------------------------
3 SEC USE ONLY
----- -------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
----- --------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 7,129,280
OWNED BY ----- --------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0
WITH: ----- --------------------------------------------------------
8 SHARED DISPOSITIVE POWER
7,129,280
----- -------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,129,280
----- -------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS) [_]
----- -------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
14.7%
----- -------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
================================================================================
==================== =============
CUSIP NO. 45773Y105 13G PAGE 13 OF 24
==================== =============
================================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Mark W. Perry
----- -------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)(a)[_]
(b)[_]
----- -------------------------------------------------------------------------
3 SEC USE ONLY
----- -------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
----- --------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 7,129,280
OWNED BY ----- --------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0
WITH: ----- --------------------------------------------------------
8 SHARED DISPOSITIVE POWER
7,129,280
----- -------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,129,280
----- -------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS) [_]
----- -------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
14.7%
----- -------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
================================================================================
==================== =============
CUSIP NO. 45773Y105 13G PAGE 14 OF 24
==================== =============
================================================================================
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)[_]
(b)[_]
----- -------------------------------------------------------------------------
3 SEC USE ONLY
----- -------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
----- --------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 7,129,280
OWNED BY ----- --------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0
WITH: ----- --------------------------------------------------------
8 SHARED DISPOSITIVE POWER
7,129,280
----- -------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,129,280
----- -------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS) [_]
----- -------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
14.7%
----- -------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
================================================================================
==================== =============
CUSIP NO. 45773Y105 13G PAGE 15 OF 24
==================== =============
================================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Eugene A. Trainor III
----- -------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)(a)[_]
(b)[_]
----- -------------------------------------------------------------------------
3 SEC USE ONLY
----- -------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
----- --------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 7,127,067
OWNED BY ----- --------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0
WITH: ----- --------------------------------------------------------
8 SHARED DISPOSITIVE POWER
7,127,067
----- -------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,127,067
----- -------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS) [_]
----- -------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
14.7%
----- -------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
================================================================================
==================== =============
CUSIP NO. 45773Y105 13G PAGE 16 OF 24
==================== =============
ITEM 1(A). NAME OF ISSUER: InnerWorkings, Inc.
ITEM 1(B). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: 600 West Chicago
Avenue, Suite 850, Chicago, IL 60654.
ITEM 2(A). NAMES OF PERSONS FILING: This statement is being filed by New
Enterprise Associates 11, Limited Partnership ("NEA 11"); NEA
Partners 11, Limited Partnership ("NEA Partners 11"), which is the
general partner of NEA 11; NEA 11 GP, LLC ("NEA 11 GP"), which is
the general partner of NEA Partners 11; Michael James Barrett
("Barrett"), Peter J. Barris ("Barris"), Forest Baskett
("Baskett"), Ryan D. Drant ("Drant"), Krishna Kolluri ("Kolluri"),
C. Richard Kramlich ("Kramlich"), Charles M. Linehan ("Linehan"),
Charles W. Newhall III ("Newhall"), Mark W. Perry ("Perry"), Scott
D. Sandell ("Sandell") and Eugene A. Trainor III ("Trainor")
(collectively, the "Managers"). The Managers are the individual
managers of NEA 11 GP. NEA 11 GP, NEA Partners 11, NEA 11 and the
Managers are sometimes referred to collectively herein as the
"Reporting Persons."
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, NEA 11 GP, Newhall and Trainor is New Enterprise Associates,
1119 St. Paul Street, Baltimore, MD 21202. The address of the
principal business office of Baskett, Kolluri, Kramlich, Linehan,
Perry and Sandell is New Enterprise Associates, 2855 Sand Hill
Road, Menlo Park, California 94025. The address of the principal
business office of Barris, Barrett and Drant is New Enterprise
Associates, 5425 Wisconsin Ave., 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: Common Stock, $.0001 par value
("Common Stock").
ITEM 2(E). CUSIP NUMBER: 45773Y105.
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO SS.SS. 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: NEA 11 is the record owner of
7,127,067 shares of Common Stock (the "Record Shares") as
of December 31, 2008. As the sole general partner of NEA
11, NEA Partners 11 may be deemed to own beneficially the
Record Shares. As the general partner of NEA Partners 11,
NEA 11 GP likewise may be deemed to own beneficially the
Record Shares. As the individual Managers of NEA GP 11,
each of the Managers also may be deemed to own beneficially
the Record Shares. Additionally, Drant is the record owner
of 365 shares of Common Stock (the "Drant Shares") of the
Issuer, Kramlich is the record owner of 729 shares of
Common Stock (the "Kramlich Shares") of the Issuer and
Linehan is the record owner of 242 shares of Common Stock
(the "Linehan Shares") of the Issuer. PJ Barris, LLC
("Barris LLC") is the record owner of 838 shares of Common
Stock (the "Barris Shares") of the Issuer. As a member of
Barris LLC, Barris may be deemed to own
==================== =============
CUSIP NO. 45773Y105 13G PAGE 17 OF 24
==================== =============
beneficially the Barris Shares. Finally, New Enterprise
Associates, LLC ("NEA LLC") is the record owner of 2,213
shares of Common Stock (the "NEA LLC Shares") of the
Issuer. As members of NEA LLC's board of directors, each of
Barris, Drant, Kramlich, Newhall, Perry and Sandell may
also be deemed to beneficially own the NEA LLC Shares.
(b) Percent of Class: See Line 11 of cover sheets. The
percentages set forth on the cover sheets are calculated
based on 48,557,170 shares of Common Stock reported to be
outstanding by the Issuer as of November 7, 2008 in Form
10-Q as filed with the Securities and Exchange Commission
on November 10, 2008 for the period ending September 30,
2008.
(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.
Each Reporting Person disclaims beneficial ownership of such
shares of Common Stock except for the shares, if any, such
Reporting Person holds of record.
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. 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 Amendment No. 2 to Schedule 13G is not filed
pursuant to Rule 13d-1(b) or Rule 13d-1(c).
==================== =============
CUSIP NO. 45773Y105 13G PAGE 18 OF 24
==================== =============
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.
Date: February 13, 2009
NEW ENTERPRISE ASSOCIATES 11,
LIMITED PARTNERSHIP
By: NEA PARTNERS 11, LIMITED PARTNERSHIP
General Partner
By: NEA 11 GP, LLC
General Partner
By: *
------------------------------
Eugene A. Trainor III
Manager
NEA PARTNERS 11, LIMITED PARTNERSHIP
By: NEA 11 GP, LLC
General Partner
By: *
----------------------------
Eugene A. Trainor III
Manager
NEA 11 GP, LLC
By: *
--------------------------
Eugene A. Trainor III
Manager
*
--------------------------
Michael James Barrett
*
--------------------------
Peter J. Barris
==================== =============
CUSIP NO. 45773Y105 13G PAGE 19 OF 24
==================== =============
*
--------------------------
Forest Baskett
*
--------------------------
Ryan D. Drant
*
--------------------------
Krishna Kolluri
*
--------------------------
C. Richard Kramlich
*
--------------------------
Charles M. Linehan
*
--------------------------
Charles W. Newhall III
*
--------------------------
Mark W. Perry
*
--------------------------
Scott D. Sandell
*
--------------------------
Eugene A. Trainor III
*By: /s/ Shawn Conway
---------------------------
Shawn Conway
As attorney-in-fact
This Amendment No. 2 to Schedule 13G was executed by Shawn Conway on behalf of
the individuals listed above pursuant to a Power of Attorney, a copy of which is
attached as Exhibit 2.
==================== =============
CUSIP NO. 45773Y105 13G PAGE 20 OF 24
==================== =============
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 13G need be filed with respect to the ownership by each of
the undersigned of shares of stock of InnerWorkings, Inc.
EXECUTED this 13th day of February, 2009.
NEW ENTERPRISE ASSOCIATES 11,
LIMITED PARTNERSHIP
By: NEA PARTNERS 11, LIMITED PARTNERSHIP
General Partner
By: NEA 11 GP, LLC
General Partner
By: *
---------------------------
Eugene A. Trainor III
Manager
NEA PARTNERS 11, LIMITED PARTNERSHIP
By: NEA 11 GP, LLC
General Partner
By: *
----------------------------
Eugene A. Trainor III
Manager
NEA 11 GP, LLC
By: *
-------------------------------
Eugene A. Trainor III
Manager
*
--------------------------
Michael James Barrett
*
--------------------------
Peter J. Barris
==================== =============
CUSIP NO. 45773Y105 13G PAGE 21 OF 24
==================== =============
*
--------------------------
Forest Baskett
*
--------------------------
Ryan D. Drant
*
--------------------------
Krishna Kolluri
*
--------------------------
C. Richard Kramlich
*
--------------------------
Charles M. Linehan
*
--------------------------
Charles W. Newhall III
*
--------------------------
Mark W. Perry
*
--------------------------
Scott D. Sandell
*
--------------------------
Eugene A. Trainor III
*By: /s/ Shawn Conway
---------------------------
Shawn Conway
As attorney-in-fact
This Agreement was executed by Shawn Conway on behalf of the individuals listed
above pursuant to a Power of Attorney, a copy of which is attached as Exhibit 2.
==================== =============
CUSIP NO. 45773Y105 13G PAGE 22 OF 24
==================== =============
EXHIBIT 2
---------
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that the undersigned hereby constitutes and
appoints Charles W. Newhall III, Louis S. Citron, Eugene A. Trainor III and
Shawn Conway, and each of them, with full power to act without the others, his
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
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 By-laws of the
National Association of Securities Dealers, Inc., 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 might or could do in person, thereby ratifying and confirming all that
said attorney-in-fact, or his 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 31st
day of March, 2007.
/s/ Forest Basket
--------------------------------
Forest Baskett
/s/ M. James Barrett
--------------------------------
M. James Barrett
/s/ Peter J. Barris
--------------------------------
Peter J. Barris
/s/ Ryan Drant
--------------------------------
Ryan Drant
/s/ Shawn Conway
--------------------------------
Shawn Conway
/s/ Paul Hsiao
--------------------------------
Paul Hsiao
/s/ Vladimir Jacimovic
--------------------------------
Vladimir Jacimovic
==================== =============
CUSIP NO. 45773Y105 13G PAGE 23 OF 24
==================== =============
/s/ Patrick J. Kerins
--------------------------------
Patrick J. Kerins
/s/ Suzanne King
--------------------------------
Suzanne King
/s/ Krishna Kolluri
--------------------------------
Krishna Kolluri
/s/ C. Richard Kramlich
--------------------------------
C. Richard Kramlich
/s/ Charles M. Linehan
--------------------------------
Charles M. Linehan
/s/ Peter T. Morris
--------------------------------
Peter T. Morris
/s/ John M. Nehra
--------------------------------
John M. Nehra
/s/ Charles W. Newhall III
--------------------------------
Charles W. Newhall III
/s/ Jason R. Nunn
--------------------------------
Jason R. Nunn
/s/ Mark W. Perry
--------------------------------
Mark W. Perry
/s/ Michael Raab
--------------------------------
Michael Raab
/s/ Scott D. Sandell
--------------------------------
Scott D. Sandell
/s/ A. Brooke Seawell
--------------------------------
A. Brooke Seawell
/s/ Eugene A. Trainor III
--------------------------------
Eugene A. Trainor III
==================== =============
CUSIP NO. 45773Y105 13G PAGE 24 OF 24
==================== =============
/s/ Sigrid Van Bladel
--------------------------------
Sigrid Van Bladel
/s/ Ravi Viswanathan
--------------------------------
Ravi Viswanathan
/s/ Harry Weller
--------------------------------
Harry Weller