Sec Form 13D Filing - New Leaf Ventures II L.P. filing for MEI Pharma Inc. (MEIP) - 2015-03-30

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

 

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 5)*

 

 

MEI Pharma, Inc.

(Name of Issuer)

Common Stock, par value $0.00000002 per share

(Title of Class of Securities)

572322402

(CUSIP number)

Craig L. Slutzkin

New Leaf Venture Management II, L.L.C.

Times Square Tower

7 Times Square, Suite 3502

New York, NY 10036

(646) 871-6420

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

March 24, 2015

(Date of Event Which Requires Filing of This Statement)

 

 

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g) check the following box.  ¨

 

 

NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent.

 

 

 

* 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 disclosures provided in a prior cover page.

The information required on 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. 572322402

 

  1 

NAMES OF REPORTING PERSONS.

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

 

New Leaf Ventures II, L.P.

  2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

 

(a)  ¨        (b)  ¨

  3

SEC USE ONLY

 

  4

SOURCE OF FUNDS (SEE INSTRUCTIONS)

 

WC

  5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

¨

  6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware Limited Partnership

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

  7 

SOLE VOTING POWER

 

0 shares

  8

SHARED VOTING POWER

 

2,100,000 shares (1)

  9

SOLE DISPOSITIVE POWER

 

0 shares

10

SHARED DISPOSITIVE POWER

 

2,100,000 shares (1)

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

2,100,000 shares (1)

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

 

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

5.9% (2)

14

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

PN

 

(1) Includes 2,100,000 shares of common stock issuable upon exercise of the Warrants (as defined in Item 5 below).
(2) The percentage ownership is based upon 33,291,247 shares of common stock outstanding as of February 4, 2015, as reported in the Issuer’s 10Q filed with the SEC on February 6, 2015, plus 2,100,000 shares of common stock issuable upon exercise of the Warrants.

 

Page 2 of 17


CUSIP No. 572322402

 

  1 

NAMES OF REPORTING PERSONS.

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

 

New Leaf Venture Associates II, L.P.

  2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

 

(a)  ¨        (b)  ¨

  3

SEC USE ONLY

 

  4

SOURCE OF FUNDS (SEE INSTRUCTIONS)

 

AF

  5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

¨

  6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware Limited Partnership

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

  7 

SOLE VOTING POWER

 

0 shares

  8

SHARED VOTING POWER

 

2,100,000 shares (1)

  9

SOLE DISPOSITIVE POWER

 

0 shares

10

SHARED DISPOSITIVE POWER

 

2,100,000 shares (1)

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

2,100,000 shares (1)

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

 

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

5.9% (2)

14

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

PN

 

(1) Includes 2,100,000 shares of common stock issuable upon exercise of the Warrants (as defined in Item 5 below).
(2) The percentage ownership is b ased upon 33,291,247 shares of common stock outstanding as of February 4, 2015, as reported in the Issuer’s 10Q filed with the SEC on February 6, 2015, plus 2,100,000 shares of common stock issuable upon exercise of the Warrants.

 

Page 3 of 17


CUSIP No. 572322402

 

  1 

NAMES OF REPORTING PERSONS.

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

 

New Leaf Venture Management II, L.L.C.

  2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

 

(a)  ¨        (b)  ¨

  3

SEC USE ONLY

 

  4

SOURCE OF FUNDS (SEE INSTRUCTIONS)

 

AF

  5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

¨

  6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware Limited Liability Company

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

  7 

SOLE VOTING POWER

 

0 shares

  8

SHARED VOTING POWER

 

2,100,000 shares (1)

  9

SOLE DISPOSITIVE POWER

 

0 shares

10

SHARED DISPOSITIVE POWER

 

2,100,000 shares (1)

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

2,100,000 shares (1)

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

 

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

5.9% (2)

14

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

PN

 

(1) Includes 2,100,000 shares of common stock issuable upon exercise of the Warrants (as defined in Item 5 below).
(2) The percentage ownership is based upon 33,291,247 shares of common stock outstanding as of February 4, 2015, as reported in the Issuer’s 10Q filed with the SEC on February 6, 2015, plus 2,100,000 shares of common stock issuable upon exercise of the Warrants.

 

Page 4 of 17


CUSIP No. 572322402

 

  1 

NAMES OF REPORTING PERSONS.

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

 

Philippe O. Chambon

  2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

 

(a)  ¨        (b)  ¨

  3

SEC USE ONLY

 

  4

SOURCE OF FUNDS (SEE INSTRUCTIONS)

 

AF

  5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

¨

  6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

United States citizen

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

  7 

SOLE VOTING POWER

 

0 shares

  8

SHARED VOTING POWER

 

2,100,000 shares (1)

  9

SOLE DISPOSITIVE POWER

 

0 shares

10

SHARED DISPOSITIVE POWER

 

2,100,000 shares (1)

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

2,100,000 shares (1)

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

 

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

5.9% (2)

14

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

IN

 

(1) Includes 2,100,000 shares of common stock issuable upon exercise of the Warrants (as defined in Item 5 below).
(2) The percentage ownership is based upon 33,291,247 shares of common stock outstanding as of February 4, 2015, as reported in the Issuer’s 10Q filed with the SEC on February 6, 2015, plus 2,100,000 shares of common stock issuable upon exercise of the Warrants.

 

Page 5 of 17


CUSIP No. 572322402

 

  1 

NAMES OF REPORTING PERSONS.

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

 

Vijay Lathi

  2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

 

(a)  ¨        (b)  ¨

  3

SEC USE ONLY

 

  4

SOURCE OF FUNDS (SEE INSTRUCTIONS)

 

AF

  5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

¨

  6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

United States citizen

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

  7 

SOLE VOTING POWER

 

0 shares

  8

SHARED VOTING POWER

 

2,100,000 shares (1)

  9

SOLE DISPOSITIVE POWER

 

0 shares

10

SHARED DISPOSITIVE POWER

 

2,100,000 shares (1)

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

2,100,000 shares (1)

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

 

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

5.9% (2)

14

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

IN

 

(1) Includes 2,100,000 shares of common stock issuable upon exercise of the Warrants (as defined in Item 5 below).
(2) The percentage ownership is based upon 33,291,247 shares of common stock outstanding as of February 4, 2015, as reported in the Issuer’s 10Q filed with the SEC on February 6, 2015, plus 2,100,000 shares of common stock issuable upon exercise of the Warrants.

 

Page 6 of 17


CUSIP No. 572322402

 

  1 

NAMES OF REPORTING PERSONS.

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

 

Ronald Hunt

  2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

 

(a)  ¨        (b)  ¨

  3

SEC USE ONLY

 

  4

SOURCE OF FUNDS (SEE INSTRUCTIONS)

 

AF

  5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

¨

  6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

United States citizen

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

  7 

SOLE VOTING POWER

 

0 shares

  8

SHARED VOTING POWER

 

2,100,000 shares (1)

  9

SOLE DISPOSITIVE POWER

 

0 shares

10

SHARED DISPOSITIVE POWER

 

2,100,000 shares (1)

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

2,100,000 shares (1)

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

 

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

5.9% (2)

14

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

IN

 

(1) Includes 2,100,000 shares of common stock issuable upon exercise of the Warrants (as defined in Item 5 below).
(2) The percentage ownership is based upon 33,291,247 shares of common stock outstanding as of February 4, 2015, as reported in the Issuer’s 10Q filed with the SEC on February 6, 2015, plus 2,100,000 shares of common stock issuable upon exercise of the Warrants.

 

Page 7 of 17


CUSIP No. 572322402

 

  1 

NAMES OF REPORTING PERSONS.

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

 

Jeani Delagardelle

  2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

 

(a)  ¨        (b)  ¨

  3

SEC USE ONLY

 

  4

SOURCE OF FUNDS (SEE INSTRUCTIONS)

 

AF

  5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

¨

  6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

United States citizen

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

  7 

SOLE VOTING POWER

 

0 shares

  8

SHARED VOTING POWER

 

2,100,000 shares (1)

  9

SOLE DISPOSITIVE POWER

 

0 shares

10

SHARED DISPOSITIVE POWER

 

2,100,000 shares (1)

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

2,100,000 shares (1)

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

 

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

5.9% (2)

14

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

IN

 

(1) Includes 2,100,000 shares of common stock issuable upon exercise of the Warrants (as defined in Item 5 below).
(2) The percentage ownership is based upon 33,291,247 shares of common stock outstanding as of February 4, 2015, as reported in the Issuer’s 10Q filed with the SEC on February 6, 2015, plus 2,100,000 shares of common stock issuable upon exercise of the Warrants.

 

Page 8 of 17


CUSIP No. 572322402

 

  1 

NAMES OF REPORTING PERSONS.

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

 

Liam Ratcliffe

  2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

 

(a)  ¨        (b)  ¨

  3

SEC USE ONLY

 

  4

SOURCE OF FUNDS (SEE INSTRUCTIONS)

 

AF

  5

CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

 

¨

  6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

United States citizen

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

  7 

SOLE VOTING POWER

 

0 shares

  8

SHARED VOTING POWER

 

2,100,000 shares (1)

  9

SOLE DISPOSITIVE POWER

 

0 shares

10

SHARED DISPOSITIVE POWER

 

2,100,000 shares (1)

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

2,100,000 shares (1)

12

CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

 

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

5.9% (2)

14

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

IN

 

(1) Includes 2,100,000 shares of common stock issuable upon exercise of the Warrants (as defined in Item 5 below).
(2) The percentage ownership is based upon 33,291,247 shares of common stock outstanding as of February 4, 2015, as reported in the Issuer’s 10Q filed with the SEC on February 6, 2015, plus 2,100,000 shares of common stock issuable upon exercise of the Warrants.

 

Page 9 of 17


CUSIP No. 572322402

0;

Item 1. Security and Issuer.

This Amendment No. 5 to the statement on Schedule 13D (this “Amendment No.5”) amends and supplements the statement on Schedule 13D filed on December 10, 2012 (the “Original 13D”) as amended by Amendment No. 1 to the statement on Schedule 13D filed on March 1, 2013 (“Amendment No. 1”), Amendment No. 2 to the statement on Schedule 13D filed on May 15, 2013 (“Amendment No. 2”), Amendment No. 3 to the statement on Schedule 13D filed on November 6, 2013 (“Amendment No. 3”) and Amendment No. 4 to the Statement on Schedule 13D filed on November 27 2013 (“Amendment No. 4” and together with the Original 13D, Amendment No.1, Amendment No.2, Amendment No. 3 and this Amendment No. 5, the “Schedule 13D”) filed by the Reporting Persons, and relates to shares of Common Stock, $0.00000002 par value (the “Common Stock”) of MEI Pharma, Inc., a Delaware corporation (the “Issuer”) having its principal executive offices at 11975 El Camino Real, Suite 101, San Diego, California 92130.

Except as specifically provided herein, this Amendment No. 5 does not modify any of the information previously reported on the Original 13D. All capitalized terms contained herein but not otherwise defined shall have the meanings ascribed to such terms in the Original 13D.

 

Item 2. Identity and Background.

This Amendment No. 5 amends and restates Item 2 of the Original Schedule 13D in its entirety as set forth below:

This statement is being filed by New Leaf Ventures II, L.P. (“NLV II”), New Leaf Venture Associates II, L.P. (“NLV Associates”) and New Leaf Venture Management II, L.L.C. (“NLV Management” and together with NLV II and NLV Associates, the “Reporting Entities”) and Philippe O. Chambon (“Chambon”), Vijay Lathi (“Lathi”), Ronald Hunt (“Hunt”), Jeani Delagardelle (“Delagardelle”) and Liam Ratcliffe (“Ratcliffe” and together with Chambon, Lathi, Hunt and Delagardelle, the “Managing Directors”). James Niedel (“Niedel”) resigned as a manager and member of NLV Management on September 1, 2014. The Reporting Entities and the Managing Directors collectively are referred to as the “Reporting Persons”.

The address of the principal business office of NLV II, NLV Associates, NLV Management, Chambon, Hunt and Ratcliffe is New Leaf Venture Partners, Times Square Tower, 7 Times Square, Suite 3502, New York, NY 10036. The address of the principal business office of Lathi and Delagardelle is New Leaf Venture Partners, 1200 Park Place, Suite 300, San Mateo, CA 94403.

The principal business of NLV II is to make, hold and dispose of equity and equity-related investments, principally in healthcare, medical device and life sciences companies. The principal business of NLV Associates is to act as the sole general partner of NLV II. The principal business of NLV Management is to act as the sole general partner of NLV Associates. The principal business of each of the Managing Directors is to manage the Reporting Entities and a number of affiliated partnerships with similar businesses.

During the five years prior to the date hereof, none of the Reporting Persons has been convicted in a criminal proceeding or has been a party to a civil proceeding ending in a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.

Each of NLV II and NLV Associates is a limited partnership organized under the laws of the State of Delaware. NLV Management is a limited liability company organized under the laws of the State of Delaware. Each Managing Director is a citizen of the United States.

 

Page 10 of 17


CUSIP No. 572322402

 

Item 4. Purpose of the Transaction.

Item No. 4 is amended by adding the following:

As described in more detail in Item 5 below, NLV II sold a total of 1,601,390 shares of Common Stock on March 24, 2015. Depending on market conditions, its continuing evaluation of the business and prospects of the Issuer and other factors, NLV II and other Reporting Persons may dispose of or acquire additional shares of the Issuer. Except as set forth above, none of the Reporting Persons has any present plans which relate to or would result in:

 

  (a) The acquisition by any person of additional securities of the Issuer, or the disposition of securities of the Issuer;

 

  (b) An extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the Issuer or any of its subsidiaries;

 

  (c) A sale or transfer of a material amount of assets of the Issuer or any of its subsidiaries;

 

  (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;

 

  (e) Any material change in the present capitalization or dividend policy of the Issuer;

 

  (f) Any other material change in the Issuer’s business or corporate structure;

 

  (g) Changes in the Issuer’s charter, bylaws or instruments corresponding thereto or other actions which may impede the acquisition of control of the Issuer by any person;

 

  (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;

 

  (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; or

 

  (j) Any action similar to any of those enumerated above.

 

Item 5. Interest in Securities of the Issuer.

This Amendment No. 5 amends and restates Item 5 of the Original Schedule 13D in its entirety as set forth below:

 

  (a) NLV II is the record owner of warrants to purchase an additional 2,100,000 shares of Common Stock (the “NLV II Securities”). As the sole general partner of NLV II, NLV Associates may be deemed to own beneficially the NLV II Securities. As the sole general partner of NLV Associates, NLV Management may be deemed to own beneficially the NLV II Securities. As the individual managers of NLV Management, each of the Managing Directors also may be deemed to own beneficially the NLV II Securities.

 

Page 11 of 17


CUSIP No. 572322402

 

Each of the Reporting Persons may be deemed to own beneficially 5.9% of the Issuer’s Common Stock, as set forth on Line 13 of the such Reporting Person’s cover sheet. Such percentage was calculated based on 35,391,247 shares deemed to be outstanding, which includes (a) 33,291,247 shares of common stock outstanding as of February 4, 2015, as reported in the Issuer’s Form 10-Q filed with the SEC on February 6, 2015 and (b) 2,100,000 shares of Common Stock issuable upon exercise of the Warrants. Each of the Reporting Persons, except NLV II, disclaims beneficial ownership of the NLV II Securities except to the extent of their pecuniary interest therein, if any.

 

  (b) Regarding the number of shares as to which such person has:

 

  (i) sole power to vote or to direct the vote: See line 7 of cover sheets.

 

  (ii) shared power to vote or to direct the vote: See line 8 of cover sheets.

 

  (iii) sole power to dispose or to direct the disposition: See line 9 of cover sheets.

 

  (iv) shared power to dispose or to direct the disposition: See line 10 of cover sheets.

 

  (c) NLV II sold 1,601,390 shares of Common Stock on March 24, 2015. Except as set forth above, none of the Reporting Persons has effected any transaction in the Common Stock during the last 60 days

 

  (d) No other person is known to have the right to receive or the power to direct the receipt of dividends from, or any proceeds from the sale of, shares beneficially owned by any of the Reporting Persons.

 

  (e) Niedel ceased to beneficially own five percent (5%) or more of the Issuer’s Common Stock as a result of ceasing to be a manager and member of NLV Management as of September 1, 2014.

 

Item 7. Materials to be Filed as Exhibits.

 

Exhibit 99.1 – Agreement regarding filing of joint Schedule 13D.
Exhibit 99.2 – Powers of Attorney regarding Schedule 13D filings.

 

Page 12 of 17


CUSIP No. 572322402

 

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: March 30, 2015

 

NEW LEAF VENTURES II, L.P.
By: NEW LEAF VENTURE ASSOCIATES II, L.P.
General Partner
By: NEW LEAF VENTURE MANAGEMENT II, L.L.C.
General Partner
By:

*

Craig L. Slutzkin
Chief Financial Officer
NEW LEAF VENTURE ASSOCIATES II, L.P.
By: NEW LEAF VENTURE MANAGEMENT II, L.L.C.
General Partner
By:

*

Craig L. Slutzkin
Chief Financial Officer
NEW LEAF VENTURE MANAGEMENT II, L.L.C.
By:

*

Craig L. Slutzkin
Chief Financial Officer

 

*

Philippe O. Chambon

*

Vijay Lathi

 

Page 13 of 17


CUSIP No. 572322402

 

*

Ronald Hunt

*

Jeani Delagardelle

*

Liam Ratcliffe

 

/s/ Craig L. Slutzkin

Craig L. Slutzkin
As attorney-in-fact

 

* This Amendment No. 5 to Schedule 13D was executed by Craig L. Slutzkin on behalf of the individuals listed above pursuant to Powers of Attorney, copies of which are attached as Exhibit 99.2.

 

Page 14 of 17