Sec Form 3 Filing - Lightspeed Venture Partners XI, L.P. @ Starco Brands, Inc. - 2022-12-29

Insider filing report for Changes in Beneficial Ownership
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FORM 3
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Lightspeed Venture Partners XI, L.P.
2. Issuer Name and Ticker or Trading Symbol
Starco Brands, Inc. [ STCB]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
2200 SAND HILL ROAD,
3. Date of Earliest Transaction (MM/DD/YY)
12/29/2022
(Street)
MENLO PARK, CA94025
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 30,979,630 D ( 1 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Lightspeed Venture Partners XI, L.P.
2200 SAND HILL ROAD
MENLO PARK, CA94025
X
Eggers Barry
C/O LIGHTSPEED VENTURE PARTNERS
2200 SAND HILL ROAD
MENLO PARK, CA94025
X
Mhatre Ravi
C/O LIGHTSPEED VENTURE PARTNERS
2200 SAND HILL ROAD
MENLO PARK, CA94025
X
Nieh Peter
C/O LIGHTSPEED VENTURE PARTNERS
2200 SAND HILL ROAD
MENLO PARK, CA94025
X
Lightspeed General Partner XI, L.P.
2200 SAND HILL ROAD
MENLO PARK, CA94025
X
Lightspeed Ultimate General Partner XI, Ltd.
2200 SAND HILL ROAD
MENLO PARK, CA94025
X
Signatures
Lightspeed Venture Partners XI, L.P., By: Lightspeed General Partner XI, L.P., its General Partner, By:Lightspeed Ultimate General Partner XI, Ltd., its General Partner, By /s/ Ravi Mhatre, Director 02/14/2023
Signature of Reporting Person Date
/s/ Barry Eggers 02/14/2023
Signature of Reporting Person Date
/s/ Ravi Mhatre 02/14/2023
Signature of Reporting Person Date
/s/ Peter Nieh 02/14/2023
Signature of Reporting Person Date
Lightspeed General Partner XI, L.P., By: Lightspeed Ultimate General Partner XI, Ltd., its General Partner, By /s/ Ravi Mhatre, Director 02/14/2023
Signature of Reporting Person Date
Lightspeed Ultimate General Partner XI, Ltd., By /s/ Ravi Mhatre, Director 02/14/2023
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Shares are held by Lightspeed Venture Partners XI, L.P. ("Lightspeed XI"). Lightspeed General Partner XI, L.P. ("LGP XI"), is the general partner of Lightspeed XI. Lightspeed Ultimate General Partner XI, Ltd. ("LUGP XI") is the general partner of LGP XI. Barry Eggers, Ravi Mhatre, and Peter Nieh are the directors of LUGP XI and share voting and dispositive power with respect to the shares held by Lightspeed XI. Each of LGP XI, LUGP XI and Messrs. Eggers, Mhatre, and Nieh disclaims beneficial ownership of the shares held by Lightspeed XI except to the extent of its or his respective pecuniary interest therein.

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