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.
- Peter Lynch
What is insider trading>>
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UNITED STATES |
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SECURITIES AND EXCHANGE COMMISSION |
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Washington, D.C. 20549 |
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SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1 (b), (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2 (b)
(Amendment No. 1)*
Stitch Fix, Inc.
(Name of Issuer)
Class A Common Stock, par value $0.00002 per share
(Title of Class of Securities)
860897107
(CUSIP Number)
December 31, 2018
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
o |
Rule 13d-1(b) |
o |
Rule 13d-1(c) |
x |
Rule 13d-1(d) |
*The remainder of this cover page shall be filled out for a reporting persons 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. 632307104 |
13 G |
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Names of Reporting Persons. | |||||
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Check the Appropriate Box if a Member of a Group* | |||||
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(a) |
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(b) |
x (1) | ||||
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SEC Use Only | |||||
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Citizenship or Place of Organization | |||||
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Number of |
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Sole Voting Power | |||||
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Shared Voting Power | ||||||
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Sole Dispositive Power | ||||||
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Shared Dispositive Power | ||||||
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Aggregate Amount Beneficially Owned by Each Reporting Person | |||||
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10 |
Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares* o | |||||
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Percent of Class Represented by Amount in Row 9 | |||||
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Type of Reporting Person* | |||||
(1) This Schedule 13G is filed by Lightspeed Venture Partners VIII, L.P., a Cayman Islands exempted limited partnership (Lightspeed VIII), Lightspeed General Partner VIII, L.P., a Cayman Islands exempted limited partnership (LGP VIII), Lightspeed Ultimate General Partner VIII, Ltd., a Cayman Islands exempted company (LUGP VIII), Barry Eggers (Eggers), Ravi Mhatre (Mhatre), Peter Y. Nieh (Nieh) and Christopher J. Schaepe (Schaepe and together with Lightspeed VIII, LGP VIII, LUGP VIII, Eggers, Mhatre and Nieh, collectively, the Reporting Persons). The Reporting Persons expressly disclaim status as a group for purposes of this Schedule 13G. The information with respect to the ownership of the Class A Common Stock by the Reporting Persons filing this statement on Schedule 13G is provided as of December 31, 2018.
CUSIP No. 632307104 |
13 G |
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Names of Reporting Persons. | |||||
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Check the Appropriate Box if a Member of a Group* | |||||
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(a) |
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(b) |
x (1) | ||||
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SEC Use Only | |||||
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Citizenship or Place of Organization | |||||
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Number of |
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Sole Voting Power | |||||
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Shared Voting Power | ||||||
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Sole Dispositive Power | ||||||
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Shared Dispositive Power | ||||||
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9 |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||||
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10 |
Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares* o | |||||
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Percent of Class Represented by Amount in Row 9 | |||||
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Type of Reporting Person* | |||||
(1) This Schedule 13G is filed by the Reporting Persons. The Reporting Persons expressly disclaim status as a group for purposes of this Schedule 13G. The information with respect to the ownership of the Class A Common Stock by the Reporting Persons filing this statement on Schedule 13G is provided as of December 31, 2018.
CUSIP No. 632307104 |
13 G |
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Names of Reporting Persons. | |||||
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Check the Appropriate Box if a Member of a Group* | |||||
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(a) |
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(b) |
x (1) | ||||
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SEC Use Only | |||||
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Citizenship or Place of Organization | |||||
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Number of |
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Sole Voting Power | |||||
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Shared Voting Power | ||||||
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Sole Dispositive Power | ||||||
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Shared Dispositive Power | ||||||
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9 |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||||
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10 |
Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares* o | |||||
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11 |
Percent of Class Represented by Amount in Row 9 | |||||
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12 |
Type of Reporting Person* | |||||
(1) This Schedule 13G is filed by the Reporting Persons. The Reporting Persons expressly disclaim status as a group for purposes of this Schedule 13G. The information with respect to the ownership of the Class A Common Stock by the Reporting Persons filing this statement on Schedule 13G is provided as of December 31, 2018.
CUSIP No. 632307104 |
13 G |
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Names of Reporting Persons. | |||||
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Check the Appropriate Box if a Member of a Group* | |||||
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(a) |
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(b) |
x (1) | ||||
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SEC Use Only | |||||
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Citizenship or Place of Organization | |||||
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Number of |
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Sole Voting Power | |||||
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Shared Voting Power | ||||||
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Sole Dispositive Power | ||||||
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Shared Dispositive Power | ||||||
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9 |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||||
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10 |
Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares* o | |||||
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11 |
Percent of Class Represented by Amount in Row 9 | |||||
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12 |
Type of Reporting Person* | |||||
(1) This Schedule 13G is filed by the Reporting Persons. The Reporting Persons expressly disclaim status as a group for purposes of this Schedule 13G. The information with respect to the ownership of the Class A Common Stock by the Reporting Persons filing this statement on Schedule 13G is provided as of December 31, 2018.
CUSIP No. 632307104 |
13 G |
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1 |
Names of Reporting Persons. | |||||
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Check the Appropriate Box if a Member of a Group* | |||||
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(a) |
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(b) |
x (1) | ||||
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SEC Use Only | |||||
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Citizenship or Place of Organization | |||||
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Number of |
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Sole Voting Power | |||||
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Shared Voting Power | ||||||
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Sole Dispositive Power | ||||||
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8 |
Shared Dispositive Power | ||||||
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9 |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||||
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10 |
Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares* o | |||||
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11 |
Percent of Class Represented by Amount in Row 9 | |||||
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12 |
Type of Reporting Person* | |||||
(1) This Schedule 13G is filed by the Reporting Persons. The Reporting Persons expressly disclaim status as a group for purposes of this Schedule 13G. The information with respect to the ownership of the Class A Common Stock by the Reporting Persons filing this statement on Schedule 13G is provided as of December 31, 2018.
(2) Includes 131,984 shares of Common Stock held of record by Mhatre Investments LP - Fund 1. Mhatre serves as trustee of such entity, and accordingly exercises voting and dispositive power over the shares held by such entity.
(3) The Percent of Class is calculated based on 41,985,380 shares of Class A Common Stock outstanding as of October 27, 2018, as reported in the Issuers Form 10-Q filed with the SEC on December 11, 2018 (the Current 10-Q). Based on the total of 99,539,988 shares of Common Stock (including 57,554,608 shares of Class B Common Stock) outstanding as of October 27, 2018, as reported in the Current 10-Q, Mhatre beneficially owns 0.1% of the Issuers outstanding Common Stock as of October 27, 2018.
CUSIP No. 632307104 |
13 G |
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Names of Reporting Persons. | |||||
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Check the Appropriate Box if a Member of a Group* | |||||
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(a) |
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(b) |
x (1) | ||||
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3 |
SEC Use Only | |||||
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Citizenship or Place of Organization | |||||
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Number of |
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Sole Voting Power | |||||
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6 |
Shared Voting Power | ||||||
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Sole Dispositive Power | ||||||
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8 |
Shared Dispositive Power | ||||||
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9 |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||||
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10 |
Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares* o | |||||
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11 |
Percent of Class Represented by Amount in Row 9 | |||||
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12 |
Type of Reporting Person* | |||||
(1) This Schedule 13G is filed by the Reporting Persons. The Reporting Persons expressly disclaim status as a group for purposes of this Schedule 13G. The information with respect to the ownership of the Class A Common Stock by the Reporting Persons filing this statement on Schedule 13G is provided as of December 31, 2018.
(2) Includes 100,455 shares of Common Stock held of record by Nieh Family Investments LP - Fund 1. Nieh serves as co-trustee of such entity, and accordingly shares voting and dispositive power over the shares held by such entity.
(3) The Percent of Class is calculated based on 41,985,380 shares of Class A Common Stock outstanding as of October 27, 2018, as reported in the Current 10-Q. Based on the total of 99,539,988 shares of Common Stock (including 57,554,608 shares of Class B Common Stock) outstanding as of October 27, 2018, as reported in the Current 10-Q, Nieh beneficially owns 0.1% of the Issuers outstanding Common Stock as of October 27, 2018.
CUSIP No. 632307104 |
13 G |
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1 |
Names of Reporting Persons. | |||||
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2 |
Check the Appropriate Box if a Member of a Group* | |||||
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(a) |
o | ||||
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(b) |
x (1) | ||||
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3 |
SEC Use Only | |||||
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4 |
Citizenship or Place of Organization | |||||
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Number of |
5 |
Sole Voting Power | |||||
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6 |
Shared Voting Power | ||||||
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7 |
Sole Dispositive Power | ||||||
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8 |
Shared Dispositive Power | ||||||
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9 |
Aggregate Amount Beneficially Owned by Each Reporting Person | |||||
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10 |
Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares* o | |||||
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11 |
Percent of Class Represented by Amount in Row 9 | |||||
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12 |
Type of Reporting Person* | |||||
(1) This Schedule 13G is filed by the Reporting Persons. The Reporting Persons expressly disclaim status as a group for purposes of this Schedule 13G. The information with respect to the ownership of the Class A Common Stock by the Reporting Persons filing this statement on Schedule 13G is provided as of December 31, 2018.
(2) Includes 34,044 shares of Common Stock held of record by Schaepe-Chiu Investments I LP - Fund 1. Schaepe serves as co-trustee of such entity, and accordingly shares voting and dispositive power over the shares held by such entity.
(3) The Percent of Class is calculated based on 41,985,380 shares of Class A Common Stock outstanding as of October 27, 2018, as reported in the Current 10-Q. Based on the total of 99,539,988 shares of Common Stock (including 57,554,608 shares of Class B Common Stock) outstanding as of October 27, 2018, as reported in the Current 10-Q, Schaepe beneficially owns 0.03% of the Issuers outstanding Common Stock as of October 27, 2018.
Introductory Note: This Statement on Schedule 13G (this Statement) is filed on behalf of the Reporting Persons, in respect of shares of Class A Common Stock, par value $0.00002 per share (Class A Common Stock), of Stitch Fix, Inc. (the Issuer).
Item 1 | |||||
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(a) |
Name of Issuer: | |||
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Address of Issuers Principal Executive Offices: San Francisco, CA 94104 | |||
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Item 2 | |||||
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(a) |
Name of Person(s) Filing: Lightspeed Venture Partners VIII, L.P. (Lightspeed VIII) Lightspeed General Partner VIII, L.P. (LGP VIII) Lightspeed Ultimate General Partner VIII, Ltd. (LUGP VIII) Barry Eggers (Eggers) Ravi Mhatre (Mhatre) Peter Y. Nieh (Nieh) Christopher J. Schaepe (Schaepe) | |||
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(b) |
Address of Principal Business Office: c/o Lightspeed Venture Partners 2200 Sand Hill Road Menlo Park, CA 94025 | |||
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(b) |
Citizenship: |
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Entities: |
Lightspeed VIII |
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Cayman Islands |
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LGP VIII |
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Cayman Islands |
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LUGP VIII |
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Cayman Islands |
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Individuals: |
Eggers |
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United States of America |
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Mhatre |
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United States of America |
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Nieh |
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United States of America |
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Schaepe |
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United States of America |
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(d) |
Title of Class of Securities: | |||
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(e) |
CUSIP Number: | |||
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Item 3 |
Not applicable. |
Item 4 |
Ownership. |
The following information with respect to the ownership of the Class A Common Stock by the Reporting Persons filing this statement on Schedule 13G is provided as of December 31, 2018: |
Reporting Persons |
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Shares Held |
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Sole |
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Shared |
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Sole |
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Shared |
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Beneficial |
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Percentage |
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Percentage |
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Lightspeed VIII |
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font> |
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0.0 |
% |
0.0 |
% |
LGP VIII |
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0.0 |
% |
0.0 |
% |
LUGP VIII |
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0.0 |
% |
0.0 |
% |
Eggers |
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0.0 |
% |
0.0 |
% |
Mhatre (1) |
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131,984 |
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131,984 |
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131,984 |
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0.3 |
% |
0.1 |
% |
Nieh (2) |
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100,455 |
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100,455 |
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100,455 |
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0.2 |
% |
0.1 |
% |
Schaepe (3) |
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34,044 |
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34,044 |
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34,044 |
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0.1 |
% |
0.03 |
% |
(1) Includes 131,984 shares of Common Stock held of record by Mhatre Investments LP - Fund 1. Mhatre serves as trustee of such entity, and accordingly exercises voting and dispositive power over the shares held by such entity.
(2) Includes 100,455 shares of Common Stock held of record by Nieh Family Investments LP - Fund 1. Nieh serves as co-trustee of such entity, and accordingly shares voting and dispositive power over the shares held by such entity.
(3) Includes 34,044 shares of Common Stock held of record by Schaepe-Chiu Investments I LP - Fund 1. Schaepe serves as co-trustee of such entity, and accordingly shares voting and dispositive power over the shares held by such entity.
(4) The Percent of Class is calculated based on 41,985,380 shares of Class A Common Stock outstanding as of October 27, 2018, as reported in the Issuers Form 10-Q filed with the SEC on December 11, 2018 (the Current 10-Q).
(5) The Percentage of All Common is calculated based on the total of 99,539,988 shares of the Issuers Common Stock (including 57,554,608 shares of Class B Common Stock) outstanding as of October 27, 2018, as reported in the Current 10-Q.
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 Persons have ceased to be the beneficial owner of more than five percent of the class of securities, check the following: x | |
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Item 6 |
Ownership of More than Five Percent on Behalf of Another Person. |
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Not applicable. |
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Item 7 |
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. |
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Not applicable. |
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Item 8 |
Identification and Classification of Members of the Group. |
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Not applicable. |
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Item 9 |
Notice of Dissolution of Group. |
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Not applicable. |
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Item 10 |
Certification. |
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Not applicable. |
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 14, 2019
Lightspeed Venture Partners VIII, L.P. |
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By: |
Lightspeed General Partner VIII, L.P. |
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Its: |
General Partner |
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By: |
Lightspeed Ultimate General Partner VIII, Ltd. |
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Its: |
General Partner |
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By: |
/s/ Ravi Mhatre |
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Authorized Representative |
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Lightspeed General Partner VIII, L.P. |
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By: |
Lightspeed Ultimate General Partner VIII, Ltd. |
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Its: |
General Partner |
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By: |
/s/ Ravi Mhatre |
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Authorized Representative |
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Lightspeed Ultimate General Partner VIII, Ltd. |
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By: |
/s/ Ravi Mhatre |
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Authorized Representative |
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By: |
/s/ Barry Eggers |
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Barry Eggers |
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By: |
/s/ Ravi Mhatre |
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Ravi Mhatre |
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By: |
/s/ Peter Y. Nieh |
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Peter Y. Nieh |
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By: |
/s/ Christopher J. Schaepe |
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Christopher J. Schaepe |
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EXHIBIT A
JOINT FILING STATEMENT
We, the undersigned, hereby express our agreement that the attached Schedule 13G (or any amendments thereto) relating to the Class A Common Stock of Stitch Fix, Inc. is filed on behalf of each of us.
Dated: February 14, 2019
Lightspeed Venture Partners VIII, L.P. |
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By: |
Lightspeed General Partner VIII, L.P. |
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Its: |
General Partner |
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By: |
Lightspeed Ultimate General Partner VIII, Ltd. |
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Its: |
General Partner |
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By: |
/s/ Ravi Mhatre |
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Authorized Representative |
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Lightspeed General Partner VIII, L.P. |
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By: |
Lightspeed Ultimate General Partner VIII, Ltd. |
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Its: |
General Partner |
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By: |
/s/ Ravi Mhatre |
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Authorized Representative |
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Lightspeed Ultimate General Partner VIII, Ltd. |
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By: |
/s/ Ravi Mhatre |
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Authorized Representative |
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By: |
/s/ Barry Eggers |
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Barry Eggers |
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By: |
/s/ Ravi Mhatre |
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Ravi Mhatre |
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By: |
/s/ Peter Y. Nieh |
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Peter Y. Nieh |
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By: |
/s/ Christopher J. Schaepe |
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Christopher J. Schaepe |
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