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
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| SECURITIES AND EXCHANGE COMMISSION | |
| Washington, D.C. 20549 | |
| SCHEDULE 13G/A | |
| Under the Securities Exchange Act of 1934 | |
| (Amendment No. 4)* | |
|
Castlight Health, Inc. | |
| (Name of Issuer) | |
|
Class B Common Stock, $0.0001 par value per share | |
| (Title of Class of Securities) | |
|
14862Q100 | |
| (CUSIP Number) | |
|
December 31, 2019 | |
| (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) |
| (Page 1 of 14 Pages) | |
______________________________
*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. 14862Q100 | 13G/A | Page 2 of 14 Pages |
| 1 |
NAME OF REPORTING PERSON Oak Investment Partners XII, Limited Partnership | |||
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP |
(a) ¨ (b) x | ||
| 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 2,964,186 shares of Class B Common Stock | ||
| 6 |
SHARED VOTING POWER 0 shares of Class B Common Stock | |||
| 7 |
SOLE DISPOSITIVE POWER 2,964,186 shares of Class B Common Stock | |||
| 8 |
SHARED DISPOSITIVE POWER 0 shares of Class B Common Stock | |||
| 9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,964,186 shares of Class B Common Stock | |||
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES | ¨ | ||
| 11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 2.67% | |||
| 12 |
TYPE OF REPORTING PERSON PN | |||
| CUSIP No. 14862Q100 | 13G/A | Page 3 of 14 Pages |
| 1 |
NAME OF REPORTING PERSON Oak Associates XII, LLC | |||
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP |
(a) ¨ (b) x | ||
| 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 shares of Class B Common Stock | ||
| 6 |
SHARED VOTING POWER 2,964,186 shares of Class B Common Stock | |||
| 7 |
SOLE DISPOSITIVE POWER 0 shares of Class B Common Stock | |||
| 8 |
SHARED DISPOSITIVE POWER 2,964,186 shares of Class B Common Stock | |||
| 9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,964,186 shares of Class B Common Stock | |||
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES | ¨ | ||
| 11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 2.67% | |||
| 12 |
TYPE OF REPORTING PERSON OO-LLC | |||
| CUSIP No. 14862Q100 | 13G/A | Page 4 of 14 Pages |
| 1 |
NAME OF REPORTING PERSON Oak Management Corporation | |||
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP |
(a) ¨ (b) x | ||
| 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 shares of Class B Common Stock | ||
| 6 |
SHARED VOTING POWER 2,964,186 shares of Class B Common Stock | |||
| 7 |
SOLE DISPOSITIVE POWER 0 shares of Class B Common Stock | |||
| 8 |
SHARED DISPOSITIVE POWER 2,964,186 shares of Class B Common Stock | |||
| 9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,964,186 shares of Class B Common Stock | |||
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES | ¨ | ||
| 11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 2.67% | |||
| 12 |
TYPE OF REPORTING PERSON CO | |||
| CUSIP No. 14862Q100 | 13G/A | Page 5 of 14 Pages |
| 1 |
NAME OF REPORTING PERSON Bandel L. Carano | |||
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP |
(a) ¨ (b) x | ||
| 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 shares of Class B Common Stock | ||
| 6 |
SHARED VOTING POWER 2,964,186 shares of Class B Common Stock | |||
| 7 |
SOLE DISPOSITIVE POWER 0 shares of Class B Common Stock | |||
| 8 |
SHARED DISPOSITIVE POWER 2,964,186 shares of Class B Common Stock | |||
| 9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,964,186 shares of Class B Common Stock | |||
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES | ¨ | ||
| 11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 2.67% | |||
| 12 |
TYPE OF REPORTING PERSON IN | |||
| CUSIP No. 14862Q100 | 13G/A | Page 6 of 14 Pages |
| 1 |
NAME OF REPORTING PERSON Edward F. Glassmeyer | |||
| 2 | CHECK THE APPROPRI ATE BOX IF A MEMBER OF A GROUP |
(a) ¨ (b) x | ||
| 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 shares of Class B Common Stock | ||
| 6 |
SHARED VOTING POWER 2,964,186 shares of Class B Common Stock | |||
| 7 |
SOLE DISPOSITIVE POWER 0 shares of Class B Common Stock | |||
| 8 |
SHARED DISPOSITIVE POWER 2,964,186 shares of Class B Common Stock | |||
| 9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,964,186 shares of Class B Common Stock | |||
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES | ¨ | ||
| 11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 2.67% | |||
| 12 |
TYPE OF REPORTING PERSON IN | |||
| CUSIP No. 14862Q100 | 13G/A | Page 7 of 14 Pages |
| 1 |
NAME OF REPORTING PERSON Fredric W. Harman | |||
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP |
(a) ¨ (b) x | ||
| 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 shares of Class B Common Stock | ||
| 6 |
SHARED VOTING POWER 2,964,186 shares of Class B Common Stock | |||
| 7 |
SOLE DISPOSITIVE POWER 0 shares of Class B Common Stock | |||
| 8 |
SHARED DISPOSITIVE POWER 2,964,186 shares of Class B Common Stock | |||
| 9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,964,186 shares of Class B Common Stock | |||
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES | ¨ | ||
| 11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 2.67% | |||
| 12 |
TYPE OF REPORTING PERSON IN | |||
| CUSIP No. 14862Q100 | 13G/A | Page 8 of 14 Pages |
| 1 |
NAME OF REPORTING PERSON Ann H. Lamont | |||
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP |
(a) ¨ (b) x | ||
| 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 shares of Class B Common Stock | ||
| 6 |
SHARED VOTING POWER 2,964,186 shares of Class B Common Stock | |||
| 7 |
SOLE DISPOSITIVE POWER 0 shares of Class B Common Stock | |||
| 8 |
SHARED DISPOSITIVE POWER 2,964,186 shares of Class B Common Stock | |||
| 9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,964,186 shares of Class B Common Stock | |||
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES | ¨ | ||
| 11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 2.67% | |||
| 12 |
TYPE OF REPORTING PERSON IN | |||
| CUSIP No. 14862Q100 | 13G/A | Page 9 of 14 Pages |
| 1 |
NAME OF REPORTING PERSON Grace A. Ames | |||
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP |
(a) ¨ (b) x | ||
| 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 shares of Class B Common Stock | ||
| 6 |
SHARED VOTING POWER 2,964,186 shares of Class B Common Stock | |||
| 7 |
SOLE DISPOSITIVE POWER 0 shares of Class B Common Stock | |||
| 8 |
SHARED DISPOSITIVE POWER 2,964,186 shares of Class B Common Stock | |||
| 9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,964,186 shares of Class B Common Stock | |||
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES | ¨ | ||
| 11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 2.67% | |||
| 12 |
TYPE OF REPORTING PERSON IN | |||
| CUSIP No. 14862Q100 | 13G/A | Page 10 of 14 Pages |
| Item 1(a). | NAME OF ISSUER | ||
| Castlight Health, Inc. | |||
| Item 1(b). | ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES | ||
| 150 Spear Street, Suite 400 | |||
| San Francisco, CA 94105 | |||
| Item 2(a). | NAME OF PERSON FILING | ||
| Oak Investment Partners XII, Limited Partnership ("Oak XII") | |||
| Oak Associates XII, LLC ("Oak Associates XII") | |||
| Oak Management Corporation ("Oak Management") | |||
| Bandel L. Carano | |||
| Edward F. Glassmeyer | |||
| Fredric W. Harman | |||
| Ann H. Lamont | |||
| Grace A. Ames | |||
| Item 2(b). | ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE | ||
| c/o Oak Management Corporation | |||
| 901 Main Avenue, Suite 600 | |||
| Norwalk, CT 06851 | |||
| Item 2(c). | CITIZENSHIP | ||
| Please refer to Item 4 on each cover sheet for each filing person. | |||
| Item 2(d) | TITLE OF CLASS OF SECURITIES | ||
| Class B Common Stock, $0.0001 par value per share (the "Class B Common Stock") | |||
| Item 2(e). | CUSIP NUMBER | ||
| 14862Q100 | |||
| Item 3. | IF THIS STATEMENT IS FILED PURSUANT TO Rules 13d-1(b), OR 13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A: | ||
| (a) | ¨ | Broker or dealer registered under Section 15 of the Act; | |
| (b) | ¨ | Bank as defined in Section 3(a)(6) of the Act; | |
| (c) | ¨ | Insurance company as defined in Section 3(a)(19) of the Act; | |
| (d) | ¨ | Investment company registered under Section 8 of the Investment Company Act of 1940; |
| CUSIP No. 14862Q100 | 13G/A | Page 11 of 14 Pages |
| (e) | ¨ | An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); | |
| (f) | ¨ |
An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F);
| |
| (g) | ¨ |
A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G);
| |
| (h) | ¨ |
A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act;
| |
| (i) | ¨ |
A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act;
| |
| (j) | ¨ | A non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J); | |
| (k) | ¨ | Group, in accordance with Rule 13d-1(b)(1)(ii)(K). |
|
If filing as a
non-U.S. institution in accordance with Rule 13d-1(b)(1)(ii)(J), please | |
| Item 4. | OWNERSHIP |
|
The information in Items 1 and 5 through 11 on the cover pages of this Schedule 13G is hereby incorporated by reference.
The approximate percentages of shares of Class B Common Stock reported as beneficially owned by the Reporting Persons are based upon approximately 111,141,225 shares of Class B Common Stock outstanding as of October 25, 2019, as reported in the Company's Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2019 filed by the Company with the Securities and Exchange Commission on October 31, 2019.
Oak Associates XII is the general partner of Oak XII. Oak Management is the manager of Oak XII. Bandel L. Carano, Edward F. Glassmeyer, Fredric W. Harman, Ann H. Lamont, and Grace A. Ames are the managing members of Oak Associates XII and, as such, may be deemed to possess shared beneficial ownership of the shares of Class B Common Stock held by Oak XII.
By making this filing, the Reporting Persons acknowledge that they may be deemed to constitute a “group” within the meaning of Section 13(d)(3) of the Securities Exchange Act of 1934, as amended, in connection with the securities of the Issuer. Each Reporting Person disclaims the existence of a “group” and disclaims beneficial ownership of all shares of Class B Common Stock or securities convertible into or exercisable for Class B Common Stock other than any shares or other securities reported herein as being owned by it, him or her, as the case may be. |
| CUSIP No. 14862Q100 | 13G/A | Page 12 of 14 Pages |
| 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: x | |||
| 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 | ||
| Not applicable. | |||
| Item 8. | IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP | ||
| Not applicable. | |||
| Item 9. | NOTICE OF DISSOLUTION OF GROUP | ||
| Not applicable. | |||
| Item 10 | CERTIFICATION | ||
| Not applicable. | |||
| CUSIP No. 14862Q100 | 13G/A | Page 13 of 14 Pages |
SIGNATURES
After reasonable inquiry and to the best of his or its knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.
DATE: January 23, 2020
|
Entities: Oak Investment Partners XII, Limited Partnership Oak Associates XII, LLC Oak Management Corporation |
||
| /s/ Edward F. Glassmeyer | ||
| Name: Edward F. Glassmeyer | ||
| Title: General Partner or Managing Member or attorney-in-fact for the above-listed entities | ||
|
Individuals: Bandel L. Carano Edward F. Glassmeyer Fredric W. Harman Ann H. Lamont Grace A. Ames |
||
| /s/ Edward F. Glassmeyer | ||
| Edward F. Glassmeyer, individually and as attorney-in-fact for the above-listed individuals | ||
| CUSIP No. 14862Q100 | 13G/A | Page 14 of 14 Pages |
INDEX TO EXHIBITS
EXHIBIT A - Joint Filing Agreement (previously filed)
EXHIBIT B - Power of Attorney (previously filed)