Sec Form 13G Filing - NOVARTIS PHARMA AG filing for Poseida Therapeutics Inc. (PSTX) - 2021-02-12

 

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934

(Amendment No.  )*

 

Poseida Therapeutics, Inc.

(Name of Issuer)

 

Common stock, $0.0001 par value per share

(Title of Class of Securities)

 

73730P108

(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)
x 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. 73730P108

 

1.	Names of Reporting Persons
	Novartis Pharma AG
2.	Check the Appropriate Box if a Member of a Group (see instructions)
	(a)    ¨
	(b)    ¨
3.	SEC USE ONLY
4.	Citizenship or Place of Organization
	Switzerland

Number of Shares Beneficially Owned by Each Reporting Person With:		5.	Sole Voting Power
			0
		6.	Shared Voting Power
			5,908,089
		7.	Sole Dispositive Power
			0
		8.	Shared Dispositive Power
			5,908,089

9.	Aggregate Amount Beneficially Owned by Each Reporting Person
	5,908,089
10.	Check if the Aggregate Amount in Row (9) Excludes Certain Shares (see instructions)                                                                           ¨
11.	Percent of Class Represented by Amount in Row 9
	9.6% (1)
12.	Type of Reporting Person (see instructions)
	CO

 

(1)  This calculation is based on 61,820,010 shares of common stock, par value $0.0001 per share (“Common Stock”), outstanding as of November 9, 2020, as reported by the Issuer in its Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2020, filed by the Issuer with the Securities and Exchange Commission (“SEC”) on November 12, 2020.

 

 

CUSIP No. 73730P108

 

1.	Names of Reporting Persons
	Novartis AG
2.	Check the Appropriate Box if a Member of a Group (see instructions)
	(a)    ¨
	(b)    ¨
3.	SEC USE ONLY
4.	Citizenship or Place of Organization
	Switzerland

Number of Shares Beneficially Owned by Each Reporting Person With:		5.	Sole Voting Power
			0
		6.	Shared Voting Power
			5,908,089
		7.	Sole Dispositive Power
			0
		8.	Shared Dispositive Power
			5,908,089

9.	Aggregate Amount Beneficially Owned by Each Reporting Person
	5,908,089
10.	Check if the Aggregate Amount in Row (9) Excludes Certain Shares (see instructions)                                                                           ¨
11.	Percent of Class Represented by Amount in Row 9
	9.6% (1)
12.	Type of Reporting Person (see instructions)
	CO, HC

 

(1)  This calculation is based on 61,820,010 shares of Common Stock outstanding as of November 9, 2020, as reported by the Issuer in its Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2020, filed by the Issuer with the SEC on November 12, 2020.

 

 

CUSIP No. 73730P108

 

Item 1(a).	Name of Issuer:   Poseida Therapeutics, Inc.
Item 1(b).	Address of Issuer’s Principal Executive Offices:   9390 Towne Centre Drive, Suite 200, San Diego, California 92121
Item 2(a).	Name of Person Filing:   This statement is filed on behalf of the following persons with respect to the shares of Common Stock of the Issuer:   (i)  Novartis Pharma AG., a Swiss corporation (“Novartis Pharma”), with respect to shares held by it; and   (ii)  Novartis AG, a Swiss corporation (“Novartis”), as the publicly-owned parent of Novartis Pharma, with respect to the shares held by Novartis Pharma.   The foregoing persons are hereinafter referred to collectively as the “Reporting Persons.”
Item 2(b).	Address of Principal Business Office or, if none, Residence:   The address of the principal business offices of Novartis Pharma and Novartis is Lichtstrasse 35, 4056 Basel, Switzerland.
Item 2(c).	Citizenship:   Novartis Pharma is a corporation organized under the laws of Switzerland and is a direct wholly-owned subsidiary of Novartis.   Novartis is a corporation organized under the laws of Switzerland and is the publicly-owned parent of Novartis Pharma.
Item 2(d).	Title of Class of Securities:   Common Stock, par value $0.0001 per share.
Item 2(e).	CUSIP Number:   73730P108
Item 3.	If this statement is filed pursuant to §§240.13d-1(b), or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	¨ Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o);
(b)	¨ Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	¨ Insurance company as defined in section 3(a)19) of the 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)	¨ An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
(f)	¨ An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
(g)	¨ A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);

 

 

(h)	¨	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	¨	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	¨	A 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:

 

Novartis Pharma is the beneficial owner of 5,908,089 shares of Common Stock of the Issuer. As the direct parent of Novartis Pharma, Novartis may be deemed to beneficially own these securities.

 

(b)

Percent of Class:

 

See the percentages as set forth in row 11 of the cover sheet to this Schedule 13G for each Reporting Person, which information is incorporated herein by reference.

 

(c)

Number of shares as to which the person has:

 

(i)

Sole power to vote or to direct the vote: Not applicable as to each Reporting Person.

 

(ii)

Shared power to vote or to direct the vote: please see row 6 of the cover sheet to this Schedule 13G for each Reporting Person, which information is incorporated herein by reference.

 

(iii)

Sole power to dispose or to direct the disposition of: Not applicable as to each Reporting Person.

 

(iv)

Shared power to dispose or to direct the disposition of: please see row 8 of the cover sheet to this Schedule 13G for each Reporting Person, which information is incorporated herein by reference.

 

Item 5.

Ownership of 5 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 5 percent of the class of securities, check the following ¨.

 

Item 6.

Ownership of More than 5 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 a Group

 

Not Applicable

 

Item 10.

Certification

 

Not Applicable

 

 

Signatures

 

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.

 

Date: February 12, 2021

 

	Novartis Pharma AG
	/s/ Lukas Foertsch
	Name: Lukas Foertsch
	Title: Authorized Signatory
	/s/ Stefan Thommen
	Name: Stefan Thommen
	Title: Authorized Signatory
	Novartis AG
	/s/ Christian Rehm
	Name: Christian Rehm
	Title: Authorized Signatory
	/s/ Felix Eichhorn
	Name: Felix Eichhorn
	Title: Authorized Signatory

 

 

EXHIBIT INDEX

 

Exhibit Number	Exhibit Description
1	Evidence of Signatory Authority
2	Joint Filing Agreement