Sec Form 13G Filing - TPG Group Holdings (SBS) Advisors Inc. filing for OTONOMY INC (OTIC) - 2021-02-12

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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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

 
  Washington, D.C. 20549  

 

________________________________________

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934

(Amendment No. 1)*

 

  Otonomy, Inc.  
  (Name of Issuer)  

 

 

  Common Stock, par value $0.001 per share  
  (Titles of Class of Securities)  

 

  68906L105  
  (CUSIP Number)  

 

  December 31, 2020  
  (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)
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). 


 

   
 

 

CUSIP No. 68906L105 13G/A Page 2 of 9
1

NAME OF REPORTING PERSON

 

TPG Group Holdings (SBS) Advisors, Inc.

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ☐

(b) ☐ 

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 -
6 SHARED VOTING POWER

- 0 -
7

SOLE DISPOSITIVE POWER

- 0 -

8 SHARED DISPOSITIVE POWER

- 0 -
9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

- 0 - 

10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES  ☐
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

0%
12

TYPE OF REPORTING PERSON


CO

           

 

 

 2 

 

 

CUSIP No. 68906L105 13G/A Page 3 of 9
1

NAME OF REPORTING PERSON

 

David Bonderman

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ☐

(b) ☐ 

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 -
6 SHARED VOTING POWER

- 0 -
7

SOLE DISPOSITIVE POWER

- 0 -

8 SHARED DISPOSITIVE POWER

- 0 -
9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

- 0 -

10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES  ☐
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

0%
12

TYPE OF REPORTING PERSON


IN

           

 

 3 

 

 

CUSIP No. 68906L105 13G/A Page 4 of 9
1

NAME OF REPORTING PERSON

 

James G. Coulter

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ☐

(b) ☐ 

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 -
6 SHARED VOTING POWER

- 0 -
7

SOLE DISPOSITIVE POWER

- 0 -

8 SHARED DISPOSITIVE POWER

- 0 -
9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

- 0 -

10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES  ☐
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

0%
12

TYPE OF REPORTING PERSON


IN

           

 

 4 

 

 

 

Item 1

 

(a).

Name of Issuer:

Otonomy, Inc. (the “Issuer”)

Item 1

 

 

(b).

Address of Issuer’s Principal Executive Offices:

4796 Executive Drive

San Diego, CA 92121

 

Item 2 (a).

Name of Person Filing:

 

This Amendment No. 1 to Schedule 13G is being filed jointly by TPG Group Holdings (SBS) Advisors, Inc., a Delaware corporation (“Group Advisors”), David Bonderman and James G. Coulter (each, a “Reporting Person” and, together, the “Reporting Persons”), pursuant to an Agreement of Joint Filing incorporated by reference herein in accordance with Rule 13d-1(k)(1) under the Act.

 

Group Advisors is the sole member of TPG Group Holdings (SBS) Advisors, LLC, a Delaware limited liability company, which is the general partner of TPG Group Holdings (SBS), L.P., a Delaware limited partnership, which is the sole member of TPG Holdings I-A, LLC, a Delaware limited liability company, which is the general partner of TPG Holdings I, L.P., a Delaware limited partnership, which is the sole member of TPG Biotechnology GenPar III Advisors, LLC, a Delaware limited liability company, which is the general partner of TPG Biotechnology GenPar III, L.P., a Delaware limited partnership, which is the general partner of TPG Biotechnology Partners III, L.P., a Delaware limited partnership (“TPG Biotech III”), which directly held shares of Common Stock of the Issuer (the “Shares”) reported herein. Because of Group Advisors’ relationship to TPG Biotech III, Group Advisors may have been deemed to have beneficially owned the Shares directly held by TPG Biotech III.

 

David Bonderman and James G. Coulter sole shareholders of Group Advisors, and may therefore have been deemed to have beneficially owned the Shares held by TPG Biotech III. Messrs. Bonderman and Coulter disclaim beneficial ownership of the Shares except to the extent of their pecuniary interest therein.

 

Item 2 (b).

Address of Principal Business Office or, if none, Residence:

 

The principal business address of each of the Reporting Persons is as follows:

 

c/o TPG Global, LLC

301 Commerce Street, Suite 3300

Fort Worth, Texas 76102

Item 2 (c).

Citizenship:

 
See responses to Item 4 on each cover page.

Item 2 (d). Title of Class of Securities:

Common Stock, $0.001 par value (“Common Stock”)
Item 2 (e).

CUSIP Number:

 

68906L105

 

 5 

 

 

Item 3.

If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a(n):

 

  (a) ☐  Broker or dealer registered under Section 15 of the Exchange Act (15 U.S.C. 78o).
     
  (b) ☐  Bank as defined in Section 3(a)(6) of the Exchange Act (15 U.S.C. 78c).
     
  (c) ☐  Insurance company as defined in Section 3(a)(19) of the Exchange Act (15 U.S.C. 78c).
     
  (d) ☐  Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8).
     
  (e) ☐  Investment adviser in accordance with §240.13d-1(b)(1)(ii)(E).
     
  (f) ☐  Employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F).
     
  (g) ☐  Parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G).
     
  (h) ☐  Savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (13 U.S.C. 1813).
     
  (i) ☐  Church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act (15 U.S.C. 80a-3).
     
  (j) ☐  Non-U.S. institution in accordance with §240. 13d-1(b)(1)(ii)(J).
     
  (k) ☐  Group in accordance with §240.13d-1(b)(1)(ii)(K).

 

  If filing as a non-U.S. institution in accordance with §240. 13d-1(b)(1)(ii)(J), please specify the type of institution: ______________

 

Item 4.

Ownership

 


(a) Amount beneficially owned:

 

See responses to Item 9 on each cover page.

 

(b) Percent of class:

 

See responses to Item 11 on each cover page.

 

(c) Number of shares as to which such person has:

 

(i) Sole power to vote or to direct the vote:

 

See responses to Item 5 on each cover page.

 

(ii) Shared power to vote or to direct the vote:

 

See responses to Item 6 on each cover page.

 

(iii) Sole power to dispose or to direct the disposition of:

 

 See responses to Item 7 on each cover page.

 

(iv) Shared power to dispose or to direct the disposition of:

 

See responses to Item 8 on each cover page.

 

 6 

 

 

 

Item 5. Ownership of Five Percent or Less of a Class

 

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following  ☒

 

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

 

See response to Item 2(a) above.

 

Item 8. Identification and Classification of Members of the Group

 

Not Applicable.

 

Item 9. Notice of Dissolution of Group

 

Not Applicable.

 

Item 10. Certifications

 

Not Applicable.

 

 7 

 

 

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated: February 12, 2021

  TPG Group Holdings (SBS) Advisors, Inc.
   
   
  By:: /s/ Michael LaGatta  
  Name: Michael LaGatta
  Title: Vice President
   
   
   
  David Bonderman
   
   
  By: /s/ Gerald Neugebauer  
  Name: Gerald Neugebauer, on behalf of David Bonderman (1)
   
   
  James G. Coulter
   
   
  By: /s/ Gerald Neugebauer  
  Name: Gerald Neugebauer, on behalf of James G. Coulter (2)

 

_________________

 

(1) Gerald Neugebauer is signing on behalf of Mr. Bonderman pursuant to an authorization and designation letter dated February 26, 2020, which was previously filed with the Securities and Exchange Commission (the “Commission”) as an exhibit to a Form 4 filed by Mr. Bonderman on March 6, 2020 (SEC File No. 001-38156).

 

(2) Gerald Neugebauer is signing on behalf of Mr. Coulter pursuant to an authorization and designation letter dated February 26, 2020, which was previously filed with the Commission as an exhibit to a Form 4 filed by Mr. Coulter on March 6, 2020 (SEC File No. 001-38156).

 

 

 8 

 

 

Exhibit Index

Exhibit 1 Agreement of Joint Filing as required by Rule 13d-1(k)(1) under the Securities Exchange Act of 1934.*

 

________

* Incorporated herein by reference to the Agreement of Joint Filing by TPG Advisors II, Inc., TPG Advisors III, Inc., TPG Advisors V, Inc., TPG Advisors VI, Inc., T3 Advisors, Inc., T3 Advisors II, Inc., TPG Group Holdings (SBS) Advisors, Inc., David Bonderman and James G. Coulter, dated as of February 14, 2011, which was previously filed with the Commission as Exhibit 1 to Schedule 13G filed by TPG Group Holdings (SBS) Advisors, Inc., David Bonderman and James G. Coulter on February 14, 2011.

 

 9