SECURITIES AND EXCHANGE COMMISSION | |
Washington, D.C. 20549 | |
SCHEDULE 13G/A | |
Under the Securities Exchange Act of 1934 | |
(Amendment No. 2)* | |
Castlight Health, Inc. | |
(Name of Issuer) | |
Class B Common Stock, $0.0001 par value per share | |
(Title of Class of Securities) | |
14862Q100 | |
(CUSIP Number) | |
December 31, 2016 | |
(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) |
(Page 1 of 14 Pages) |
______________________________
*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).
CUSIP No. 14862Q100 | 13G/A | Page 2 of 14 Pages |
1 |
NAME OF REPORTING PERSON Oak Investment Partners XII, Limited Partnership | |||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP |
(a) ¨ (b) x | ||
3 | SEC USE ONLY | |||
4 |
CITIZENSHIP OR PLACE OF ORGANIZATION Delaware | |||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: |
5 |
SOLE VOTING POWER 11,986,494 shares of Class B Common Stock1 | ||
6 |
SHARED VOTING POWER 0 shares of Class B Common Stock | |||
7 |
SOLE DISPOSITIVE POWER 11,986,494 shares of Class B Common Stock1 | |||
8 |
SHARED DISPOSITIVE POWER 0 shares of Class B Common Stock | |||
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11,986,494 shares of Class B Common Stock1 | |||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES | ¨ | ||
11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 19.34% | |||
12 |
TYPE OF REPORTING PERSON PN | |||
______________________
1 Represents 11,917,744 shares of Class A Common Stock convertible at any time into shares of Class B Common Stock, 12,500 shares of Class B Common Stock plus options to acquire 56,250 shares of Class B Common Stock.
CUSIP No. 14862Q100 | 13G/A | Page 3 of 14 Pages |
1 |
NAME OF REPORTING PERSON Oak Associates XII, LLC | |||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP |
(a) ¨ (b) x | ||
3 | SEC USE ONLY | |||
4 |
CITIZENSHIP OR PLACE OF ORGANIZATION Delaware | |||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: |
5 |
SOLE VOTING POWER 0 shares of Class B Common Stock | ||
6 |
SHARED VOTING POWER 11,986,494 shares of Class B Common Stock2 | |||
7 |
SOLE DISPOSITIVE POWER 0 shares of Class B Common Stock | |||
8 |
SHARED DISPOSITIVE POWER 11,986,494 shares of Class B Common Stock2 | |||
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11,986,494 shares of Class B Common Stock2 | |||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES | ¨ | ||
11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 19.34% | |||
12 |
TYPE OF REPORTING PERSON OO-LLC | |||
______________________
2 Represents 11,917,744 shares of Class A Common Stock convertible at any time into shares of Class B Common Stock, 12,500 shares of Class B Common Stock plus options to acquire 56,250 shares of Class B Common Stock.
CUSIP No. 14862Q100 | 13G/A | Page 4 of 14 Pages |
1 |
NAME OF REPORTING PERSON Oak Management Corporation | |||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP |
(a) ¨ (b) x | ||
3 | SEC USE ONLY | |||
4 |
CITIZENSHIP OR PLACE OF ORGANIZATION Delaware | |||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: |
5 |
SOLE VOTING POWER 0 shares of Class B Common Stock | ||
6 |
SHARED VOTING POWER 11,986,494 shares of Class B Common Stock3 | |||
7 |
SOLE DISPOSITIVE POWER 0 shares of Class B Common Stock | |||
8 |
SHARED DISPOSITIVE POWER 11,986,494 shares of Class B Common Stock3 | |||
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11,986,494 shares of Class B Common Stock3 | |||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES | ¨ | ||
11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 19.34% | |||
12 |
TYPE OF REPORTING PERSON CO | |||
______________________
3 Represents 11,917,744 shares of Class A Common Stock convertible at any time into shares of Class B Common Stock, 12,500 shares of Class B Common Stock plus options to acquire 56,250 shares of Class B Common Stock.
CUSIP No. 14862Q100 | 13G/A | Page 5 of 14 Pages |
1 |
NAME OF REPORTING PERSON Bandel L. Carano | |||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP |
(a) ¨ (b) x | ||
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 0 shares of Class B Common Stock | ||
6 |
SHARED VOTING POWER 11,986,494 shares of Class B Common Stock4 | |||
7 |
SOLE DISPOSITIVE POWER 0 shares of Class B Common Stock | |||
8 |
SHARED DISPOSITIVE POWER 11,986,494 shares of Class B Common Stock4 | |||
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11,986,494 shares of Class B Common Stock4 | |||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES | ¨ | ||
11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 19.34% | |||
12 |
TYPE OF REPORTING PERSON IN | |||
______________________
4 Represents 11,917,744 shares of Class A Common Stock convertible at any time into shares of Class B Common Stock, 12,500 shares of Class B Common Stock plus options to acquire 56,250 shares of Class B Common Stock.
CUSIP No. 14862Q100 | 13G/A | Page 6 of 14 Pages |
1 |
NAME OF REPORTING PERSON Edward F. Glassmeyer | |||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP |
(a) ¨ (b) x | ||
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 0 shares of Class B Common Stock | ||
6 |
SHARED VOTING POWER 11,986,494 shares of Class B Common Stock5 | |||
7 |
SOLE DISPOSITIVE POWER 0 shares of Class B Common Stock | |||
8 |
SHARED DISPOSITIVE POWER 11,986,494 shares of Class B Common Stock5 | |||
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11,986,494 shares of Class B Common Stock5 | |||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES | ¨ | ||
11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 19.34% | |||
12 |
TYPE OF REPORTING PERSON IN | |||
______________________
5 Represents 11,917,744 shares of Class A Common Stock convertible at any time into shares of Class B Common Stock, 12,500 shares of Class B Common Stock plus options to acquire 56,250 shares of Class B Common Stock.
CUSIP No. 14862Q100 | 13G/A | Page 7 of 14 Pages |
1 |
NAME OF REPORTING PERSON Fredric W. Harman | |||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP |
(a) ¨ (b) x | ||
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 0 shares of Class B Common Stock | ||
6 |
SHARED VOTING POWER 11,986,494 shares of Class B Common Stock6 | |||
7 |
SOLE DISPOSITIVE POWER 0 shares of Class B Common Stock | |||
8 |
SHARED DISPOSITIVE POWER 11,986,494 shares of Class B Common Stock6 | |||
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11,986,494 shares of Class B Common Stock6 | |||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES | ¨ | ||
11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 19.34% | |||
12 |
TYPE OF REPORTING PERSON IN | |||
______________________
6 Represents 11,917,744 shares of Class A Common Stock convertible at any time into shares of Class B Common Stock, 12,500 shares of Class B Common Stock plus options to acquire 56,250 shares of Class B Common Stock.
CUSIP No. 14862Q100 | 13G/A | Page 8 of 14 Pages |
1 |
NAME OF REPORTING PERSON Ann H. Lamont | |||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP |
(a) ¨ (b) x | ||
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 0 shares of Class B Common Stock | ||
6 |
SHARED VOTING POWER 11,986,494 shares of Class B Common Stock7 | |||
7 |
SOLE DISPOSITIVE POWER 0 shares of Class B Common Stock | |||
8 |
SHARED DISPOSITIVE POWER 11,986,494 shares of Class B Common Stock7 | |||
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11,986,494 shares of Class B Common Stock7 | |||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES | ¨ | ||
11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 19.34% | |||
12 |
TYPE OF REPORTING PERSON IN | |||
______________________
7 Represents 11,917,744 shares of Class A Common Stock convertible at any time into shares of Class B Common Stock, 12,500 shares of Class B Common Stock plus options to acquire 56,250 shares of Class B Common Stock.
CUSIP No. 14862Q100 | 13G/A | Page 9 of 14 Pages |
1 |
NAME OF REPORTING PERSON Grace A. Ames | |||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP |
(a) ¨ (b) x | ||
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 0 shares of Class B Common Stock | ||
6 |
SHARED VOTING POWER 11,986,494 shares of Class B Common Stock8 | |||
7 |
SOLE DISPOSITIVE POWER 0 shares of Class B Common Stock | |||
8 |
SHARED DISPOSITIVE POWER 11,986,494 shares of Class B Common Stock8 | |||
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11,986,494 shares of Class B Common Stock8 | |||
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES | ¨ | ||
11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 19.34% | |||
12 |
TYPE OF REPORTING PERSON IN | |||
______________________
8 Represents 11,917,744 shares of Class A Common Stock convertible at any time into shares of Class B Common Stock, 12,500 shares of Class B Common Stock plus options to acquire 56,250 shares of Class B Common Stock.
CUSIP No. 14862Q100 | 13G/A | Page 10 of 14 Pages |
Item 1(a). | NAME OF ISSUER |
Castlight Health, Inc. |
Item 1(b). | ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES |
150 Spear Street, Suite 400 | |
San Francisco, CA 94105 |
Item 2(a). | NAME OF PERSON FILING |
Oak Investment Partners XII, Limited Partnership ("Oak XII") | |
Oak Associates XII, LLC ("Oak Associates XII") | |
Oak Management Corporation ("Oak Management") | |
Bandel L. Carano | |
Edward F. Glassmeyer | |
Fredric W. Harman | |
Ann H. Lamont | |
Grace A. Ames |
Item 2(b). | ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE |
c/o Oak Management Corporation | |
901 Main Avenue, Suite 600 | |
Norwalk, CT 06851 |
Item 2(c). | CITIZENSHIP |
Please refer to Item 4 on each cover sheet for each filing person. |
Item 2(d). | TITLE OF CLASS OF SECURITIES |
Class B Common Stock, $0.0001 par value per share (the "Class B Common Stock") |
Item 2(e). | CUSIP NUMBER |
14862Q100 |
Item 3. | IF THIS STATEMENT IS FILED PURSUANT TO Rules 13d-1(b), OR 13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A: |
(a) | ¨ | Broker or dealer registered under Section 15 of the Act; | |
(b) | ¨ | Bank as defined in Section 3(a)(6) of the Act; | |
(c) | ¨ | Insurance company as defined in Section 3(a)(19) of the Act; | |
(d) | ¨ | Investment company registered under Section 8 of the Investment Company Act of 1940; |
CUSIP No. 14862Q100 | 13G/A | Page 11 of 14 Pages |
(e) | ¨ | An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); | |
(f) | ¨ | An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F); | |
(g) | ¨ | A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G); | |
(h) | ¨ | A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act; | |
(i) | ¨ | A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act; | |
(j) | ¨ | A non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J); | |
(k) | ¨ | Group, in accordance with Rule 13d-1(b)(1)(ii)(K). |
If filing as a non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J), please | |
specify the type of institution: ______________________________ |
Item 4. | OWNERSHIP |
The information in Items 1 and 5 through 11 on the cover pages of this Schedule 13G is hereby incorporated by reference. | |
The approximate percentages of shares of Class B Common Stock reported as beneficially owned by the Reporting Persons are based upon approximately 50,015,518 shares of Class B Common Stock outstanding as of December 31, 2016, as reported in the Issuer’s Registration Statement on Form S-4 filed with the Securities and Exchange Commission on February 2, 2017, plus 11,917,744 shares of Class B Common Stock issuable upon conversion of shares of Class A Common Stock, $0.0001 par value per share (the “Class A Common Stock”), plus 56,250 shares of Class B Common Stock described below that are issuable upon exercise by the Reporting Persons of options to acquire Class B Common Stock. | |
Oak Associates XII is the general partner of Oak XII. Oak Management is the manager of Oak XII. Bandel L. Carano, Edward F. Glassmeyer, Fredric W. Harman, Ann H. Lamont, and Grace A. Ames are the managing members of Oak Associates XII and, as such, may be deemed to possess shared beneficial ownership of the shares of common stock held by Oak XII. | |
Amounts shown as beneficially owned by each of Oak XII, Oak Associates XII, Oak Management, Bandel L. Carano, Edward F. Glassmeyer, Fredric W. Harman, Ann H. Lamont, and Grace A. Ames include options to purchase 25,000 shares of Class B Common Stock which may be deemed to be held by Ann H. Lamont on behalf of Oak XII. |
CUSIP No. 14862Q100 | 13G/A | Page 12 of 14 Pages |
By making this filing, the Reporting Persons acknowledge that they may be deemed to constitute a “group” within the meaning of Section 13(d)(3) of the Securities Exchange Act of 1934, as amended, in connection with the securities of the Issuer. Each Reporting Person disclaims the existence of a “group” and disclaims beneficial ownership of all shares of Common Stock or securities convertible into or exercisable for Common Stock other than any shares or other securities reported herein as being owned by it, him or her, as the case may be. |
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 OR CONTROL PERSON |
Not applicable. |
Item 8. | IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP |
Not applicable. |
Item 9. | NOTICE OF DISSOLUTION OF GROUP |
Not applicable. |
Item 10. | CERTIFICATION | |
By signing below, each of the undersigned certifies that, to the best of his/her or its individual knowledge and belief, the securities referred to above were (i) not acquired and held for the purpose, or with the effect, of changing or influencing the control of the issuer of the securities and (ii) not acquired and held in connection with, or as a participant in, any transaction having that purpose or effect. |
CUSIP No. 14862Q100 | 13G/A | Page 13 of 14 Pages |
SIGNATURES
After reasonable inquiry and to the best of his or its knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.
DATE: February 14, 2017
Entities: Oak Investment Partners XII, Limited Partnership Oak Associates XII, LLC Oak Management Corporation |
|||
/s/ Edward F. Glassmeyer | |||
Name: | Edward F. Glassmeyer | ||
Title: | General Partner or Managing Member or attorney-in-fact for the above-listed entities | ||
Individuals: Bandel L. Carano Edward F. Glassmeyer Fredric W. Harman Ann H. Lamont Grace A. Ames |
|||
/s/ Edward F. Glassmeyer | |||
Edward F. Glassmeyer, individually and as attorney-in-fact for the above-listed individuals |
CUSIP No. 14862Q100 | 13G/A | Page 14 of 14 Pages |
INDEX TO EXHIBITS
EXHIBIT A - Joint Filing Agreement (previously filed)
EXHIBIT B - Power of Attorney (previously filed)