Sec Form 13D Filing - HealthCor Management L.P. filing for CareView Communications Inc (CRVW) - 2022-01-04

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 13D

 

UNDER THE SECURITIES EXCHANGE ACT OF 1934 

(AMENDMENT NO. 37)

 

CareView Communications, Inc. 

(Name of Issuer)

 

Common Stock, $.001 Par Value Per Share 

(Title Class of Securities)

 

141743104 

(CUSIP Number)

 

HealthCor Management, L.P. 

55 Hudson Yards, 28th Floor 

New York, New York 10001 

Attention: John Doherty 

(212) 622-7800

 

With a Copy to: 

Eugene McDermott 

Locke Lord LLP 

2800 Financial Plaza 

Providence, RI 02903 

(401) 276-6471 

(Name, Address and Telephone Number of Person 

Authorized to Receive Notices and Communications)

 

December 31, 2021

(Date of Event which Requires Filing of this Statement)

 

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box. ¨

 

NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent. 

 

 

(1) 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 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. 141743104 13D Page 2 of 19

 

(1)  

NAME OF REPORTING PERSON

 

HealthCor Management, L.P.

 
(2)   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a)    ¨
(b)   x
 
(3)  

SEC USE ONLY

 

 
(4)  

SOURCE OF FUNDS

WC

 
(5)   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) ¨   
(6)  

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

 

NUMBER OF
SHARES BENEFICIALLY OWNED BY
EACH
REPORTING
PERSON WITH
  (7)   SOLE VOTING POWER
 
0
  (8)   SHARED VOTING POWER
 
20,287,663
  (9)  

SOLE DISPOSITIVE POWER


  (10)   SHARED DISPOSITIVE POWER
 
20,287,663

(11)  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

20,287,663

 
(12)   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES  ¨  
(13)  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

12.7%

 
(14)  

TYPE OF REPORTING PERSON

 

PN

 

 

 

 

CUSIP No. 141743104 13D Page 3 of 19

 

(1)  

NAME OF REPORTING PERSON

 

HealthCor Associates, LLC

 
(2)  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 


(a)    ¨

(b)   x

 
(3)  

SEC USE ONLY

 

 
(4)  

SOURCE OF FUNDS

AF

 
(5)   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) ¨   
(6)  

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

 

NUMBER OF
SHARES BENEFICIALLY OWNED BY
EACH
REPORTING
PERSON WITH
  (7)   SOLE VOTING POWER
 
0
  (8)   SHARED VOTING POWER
 
20,287,663
  (9)  

SOLE DISPOSITIVE POWER


  (10)   SHARED DISPOSITIVE POWER
 
20,287,663

(11)  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

20,287,663

 
(12)   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES  ¨  
(13)  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

12.7%

 
(14)  

TYPE OF REPORTING PERSON

 

OO- limited liability company

 

 

 

 

CUSIP No. 141743104 13D Page 4 of 19

 

(1)  

NAME OF REPORTING PERSON

 

HealthCor Hybrid Offshore Master Fund, L.P.

 
(2)  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 


(a)    ¨

(b)   x

 
(3)   SEC USE ONLY
 
 
(4)  

SOURCE OF FUNDS

AF

 
(5)   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) ¨   
(6)  

CITIZENSHIP OR PLACE OF ORGANIZATION

Cayman Islands

 

NUMBER OF
SHARES BENEFICIALLY OWNED BY
EACH
REPORTING
PERSON WITH
  (7)   SOLE VOTING POWER
 
0
  (8)   SHARED VOTING POWER
 
20,287,663
  (9)  

SOLE DISPOSITIVE POWER


  (10)   SHARED DISPOSITIVE POWER
 
20,287,663

(11)  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

20,287,663

 
(12)   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES  ¨  
(13)  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

12.7%

 
(14)  

TYPE OF REPORTING PERSON

 

PN

 

 

 

 

CUSIP No. 141743104 13D Page 5 of 19

 

(1)  

NAME OF REPORTING PERSON

 

HealthCor Hybrid Offshore GP, LLC

 
(2)  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 


(a)    ¨

(b)   x

 
(3)   SEC USE ONLY
 
 
(4)  

SOURCE OF FUNDS

AF

 
(5)   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) ¨   
(6)  

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

 

NUMBER OF
SHARES BENEFICIALLY OWNED BY
EACH
REPORTING
PERSON WITH
  (7)   SOLE VOTING POWER
 
0
  (8)   SHARED VOTING POWER
 
20,287,663
  (9)  

SOLE DISPOSITIVE POWER


  (10)   SHARED DISPOSITIVE POWER
 
20,287,663

(11)  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

20,287,663

 
(12)   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES  ¨  
(13)  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

12.7%

 
(14)  

TYPE OF REPORTING PERSON

 

OO-limited liability company

 

 

 

 

CUSIP No. 141743104 13D Page 6 of 19

 

(1)  

NAME OF REPORTING PERSON

 

HealthCor Group, LLC

 
(2)  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 


(a)    ¨

(b)   x

 
(3)   SEC USE ONLY
 
 
(4)  

SOURCE OF FUNDS

AF

 
(5)   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) ¨   
(6)  

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

 

NUMBER OF
SHARES BENEFICIALLY OWNED BY
EACH
REPORTING
PERSON WITH
  (7)   SOLE VOTING POWER
 
0
  (8)   SHARED VOTING POWER
 
20,287,663
  (9)  

SOLE DISPOSITIVE POWER


  (10)   SHARED DISPOSITIVE POWER
 
20,287,663

(11)  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

20,287,663

 
(12)   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES  ¨  
(13)  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

12.7%

 
(14)  

TYPE OF REPORTING PERSON

 

OO-limited liability company

 

 

 

 

CUSIP No. 141743104 13D Page 7 of 19

 

(1)  

NAME OF REPORTING PERSON

 

HealthCor Partners Management, L.P.

 
(2)  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 


(a)    ¨
(b)   x

 
(3)   SEC USE ONLY
 
 
(4)  

SOURCE OF FUNDS

WC

 
(5)   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) ¨   
(6)  

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

 

NUMBER OF
SHARES BENEFICIALLY OWNED BY
EACH
REPORTING
PERSON WITH
  (7)   SOLE VOTING POWER
 
0
  (8)   SHARED VOTING POWER
 
22,585,652
  (9)  

SOLE DISPOSITIVE POWER


  (10)   SHARED DISPOSITIVE POWER
 
22,585,652

(11)  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

22,585,652

 
(12)   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES  ¨  
(13)  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

13.9%

 
(14)  

TYPE OF REPORTING PERSON

 

PN

 

 

 

 

CUSIP No. 141743104 13D Page 8 of 19

 

(1)  

NAME OF REPORTING PERSON

 

HealthCor Partners Management GP, LLC

 
(2)  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 


(a)    ¨
(b)   x

 
(3)   SEC USE ONLY
 
 
(4)  

SOURCE OF FUNDS

AF

 
(5)   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) ¨   
(6)  

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

 

NUMBER OF
SHARES BENEFICIALLY OWNED BY
EACH
REPORTING
PERSON WITH
  (7)   SOLE VOTING POWER
 
0
  (8)   SHARED VOTING POWER
 
22,585,652
  (9)  

SOLE DISPOSITIVE POWER


  (10)   SHARED DISPOSITIVE POWER
 
22,585,652

(11)  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

22,585,652

 
(12)   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES  ¨  
(13)  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

13.9%

 
(14)  

TYPE OF REPORTING PERSON

 

OO- limited liability company

 

 

 

 

CUSIP No. 141743104 13D Page 9 of 19

 

(1)  

NAME OF REPORTING PERSON

 

HealthCor Partners Fund, L.P.

 
(2)  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 


(a)    ¨
(b)   x

 
(3)   SEC USE ONLY
 
 
(4)  

SOURCE OF FUNDS

AF

 
(5)   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) ¨   
(6)  

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

 

NUMBER OF
SHARES BENEFICIALLY OWNED BY
EACH
REPORTING
PERSON WITH
  (7)   SOLE VOTING POWER
 
0
  (8)   SHARED VOTING POWER
 
22,585,652
  (9)  

SOLE DISPOSITIVE POWER


  (10)   SHARED DISPOSITIVE POWER
 
22,585,652

(11)  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

22,585,652

 
(12)   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES  ¨  
(13)  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

13.9%

 
(14)  

TYPE OF REPORTING PERSON

 

PN

 

 

 

 

CUSIP No. 141743104 13D Page 10 of 19

 

(1)  

NAME OF REPORTING PERSON

 

HealthCor Partners L.P.

 
(2)  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 


(a)    ¨
(b)   x

 
(3)   SEC USE ONLY
 
 
(4)  

SOURCE OF FUNDS

AF

 
(5)   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) ¨   
(6)  

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

 

NUMBER OF
SHARES BENEFICIALLY OWNED BY
EACH
REPORTING
PERSON WITH
  (7)   SOLE VOTING POWER
 
0
  (8)   SHARED VOTING POWER
 
22,585,652
  (9)  

SOLE DISPOSITIVE POWER


  (10)   SHARED DISPOSITIVE POWER
 
22,585,652

(11)  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

22,585,652

 
(12)   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES  ¨  
(13)  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

13.9%

 
(14)  

TYPE OF REPORTING PERSON

 

PN

 

 

 

 

CUSIP No. 141743104 13D Page 11 of 19

 

(1)  

NAME OF REPORTING PERSON

 

HealthCor Partners GP, LLC

 
(2)  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 


(a)    ¨
(b)   x

 
(3)   SEC USE ONLY
 
 
(4)  

SOURCE OF FUNDS

AF

 
(5)   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) ¨   
(6)  

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

 

NUMBER OF
SHARES BENEFICIALLY OWNED BY
EACH
REPORTING
PERSON WITH
  (7)   SOLE VOTING POWER
 
0
  (8)   SHARED VOTING POWER
 
22,585,652
  (9)  

SOLE DISPOSITIVE POWER


  (10)   SHARED DISPOSITIVE POWER
 
22,585,652

(11)  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

22,585,652

 
(12)   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES  ¨  
(13)  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

13.9%

 
(14)  

TYPE OF REPORTING PERSON

 

OO- limited liability company

 

 

 

 

CUSIP No. 141743104 13D Page 12 of 19

 

(1)  

NAME OF REPORTING PERSON

 

Jeffrey C. Lightcap

 
(2)  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 


(a)    ¨
(b)   x

 
(3)   SEC USE ONLY
 
 
(4)  

SOURCE OF FUNDS

AF, PF

 
(5)   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) ¨   
(6)  

CITIZENSHIP OR PLACE OF ORGANIZATION

United States

 

NUMBER OF
SHARES BENEFICIALLY OWNED BY
EACH
REPORTING
PERSON WITH
  (7)   SOLE VOTING POWER
 
34,117,498
  (8)   SHARED VOTING POWER
 
22,585,652
  (9)  

SOLE DISPOSITIVE POWER

 

34,117,498

  (10)   SHARED DISPOSITIVE POWER
 
22,585,652

(11)  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

56,703,150

 
(12)   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES  ¨  
(13)  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

28.9%

 
(14)  

TYPE OF REPORTING PERSON

 

IN

 

 

 

 

CUSIP No. 141743104 13D Page 13 of 19

 

(1)  

NAME OF REPORTING PERSON

 

Arthur Cohen

 
(2)  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 


(a)    ¨
(b)   x

 
(3)   SEC USE ONLY
 
 
(4)  

SOURCE OF FUNDS

AF, PF

 
(5)   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) ¨   
(6)  

CITIZENSHIP OR PLACE OF ORGANIZATION

United States

 

NUMBER OF
SHARES BENEFICIALLY OWNED BY
EACH
REPORTING
PERSON WITH
  (7)   SOLE VOTING POWER
 
3,985,881
  (8)   SHARED VOTING POWER
 
42,873,315
  (9)  

SOLE DISPOSITIVE POWER

 

3,985,881

  (10)   SHARED DISPOSITIVE POWER
 
42,873,315

(11)  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

46,859,196

 
(12)   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES  ¨  
(13)  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

25.2%

 
(14)  

TYPE OF REPORTING PERSON

 

IN

 

 

 

 

 

CUSIP No. 141743104 13D Page 14 of 19
(1)  

NAME OF REPORTING PERSON

 

Joseph Healey

 
(2)  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 


(a)    ¨
(b)   x

 
(3)   SEC USE ONLY
 
 
(4)  

SOURCE OF FUNDS

AF, PF

 
(5)   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) ¨   
(6)  

CITIZENSHIP OR PLACE OF ORGANIZATION

United States

 

NUMBER OF
SHARES BENEFICIALLY OWNED BY
EACH
REPORTING
PERSON WITH
  (7)   SOLE VOTING POWER
 
2,937,397
  (8)   SHARED VOTING POWER
 
42,873,315
  (9)  

SOLE DISPOSITIVE POWER

 

2,937,397

  (10)   SHARED DISPOSITIVE POWER
 
42,873,315

(11)  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

45,810,712

 
(12)   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES  ¨  
(13)  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

24.7%

 
(14)  

TYPE OF REPORTING PERSON

 

IN

 

 

 

 

CUSIP No. 141743104 13D Page 15 of 19

 

This Amendment No. 37 to Schedule 13D (the “Amendment”) amends and supplements the beneficial ownership statement on Schedule 13D originally filed with the Securities and Exchange Commission on May 2, 2011, as amended by Amendment No. 1 filed October 3, 2011, Amendment No. 2 filed January 3, 2012, Amendment No. 3 filed February 2, 2012, Amendment No. 4 filed October 2, 2012, Amendment No. 5 filed April 5, 2013, Amendment No. 6 filed October 2, 2013, Amendment No. 7 filed January 3, 2014, Amendment No. 8 filed January 21, 2014, Amendment No. 9 filed July 1, 2014, Amendment No. 10 filed January 6, 2015, Amendment No. 11 filed February 20, 2015, Amendment No. 12 filed April 12, 2015, Amendment No. 13 filed July 6, 2015, Amendment No. 14 filed October 2, 2015, Amendment No. 15 filed January 4, 2016, Amendment No. 16 filed April 6, 2016, Amendment No. 17 filed July 1, 2016, Amendment No. 18 filed October 3, 2016, Amendment No. 19 filed January 3, 2017, Amendment No. 20 filed April 3, 2017, Amendment No. 21 filed July 5, 2017, Amendment No. 22 filed October 2, 2017, Amendment No. 23 filed January 3, 2018, Amendment No. 24 filed February 28, 2018, Amendment No. 25 filed July 17, 2018, Amendment No. 26 filed January 3, 2019, Amendment No. 27 filed May 17, 2019, Amendment No. 28 filed January 2, 2020, Amendment No. 29 filed February 10, 2020, Amendment No. 30 filed July 2, 2020, Amendment No. 31 filed October 2, 2020, Amendment No. 32 filed January 5, 2021, Amendment No. 33 filed April 1, 2021, Amendment No. 34 filed April 22, 2021, Amendment No. 35 filed July 1, 2021 and Amendment No. 36 filed October 4, 2021 (collectively, the “Original Statement”). The persons filing this Amendment are HealthCor Management, L.P., HealthCor Associates, LLC, HealthCor Hybrid Offshore Master Fund, L.P., HealthCor Hybrid Offshore GP, LLC, HealthCor Group, LLC, HealthCor Partners Management, L.P., HealthCor Partners Management GP, LLC, HealthCor Partners Fund, L.P., HealthCor Partners, L.P., HealthCor Partners GP, LLC, Jeffrey C. Lightcap, Joseph Healey and Arthur Cohen. The Original Statement, as amended by this Amendment (the “Statement”), relates to the shares of Common Stock of CareView Communications, Inc., par value $0.001 (the "Common Stock").

 

Capitalized terms used herein but not defined shall have the meanings ascribed to them in the Original Statement. This Amendment amends the Original Statement as specifically set forth herein. Except as set forth below, all previous Items in the Original Statement remain unchanged.

 

The Amendment is being filed for the purpose of reflecting the payment of interest in kind with respect to the 2014 Notes, the 2015 Notes, the 2018 Notes, the Tenth Amendment Notes, the Twelfth Amendment Notes and the Thirteenth Amendment Notes on December 31, 2021.

 

Item 5. Interest in Securities of the Issuer

 

Item 5 is hereby amended and restated in its entirety as follows:

 

(a)       Collectively, the Reporting Persons beneficially own an aggregate of 83,914,091 shares of Common Stock, representing (i) 12,633,454 shares of Common Stock that may be acquired upon conversion of the Thirteenth Amendment Notes (including interest paid in kind on December 31, 2021), (ii) 2,302,971 shares of Common Stock that may be acquired upon conversion of the Twelfth Amendment Notes (including interest paid in kind through December 31, 2021), (iii) 7,659,596 shares of Common Stock that may be acquired upon conversion of the Tenth Amendment Notes (including interest paid in kind through Dece mber 31, 2021), (iv) 8,032,014 shares of Common Stock that may be acquired upon conversion of the 2018 Notes (including interest paid in kind through December 31, 2021), (v) 13,329,493 shares of Common Stock that may be acquired upon conversion of the 2015 Notes (including interest paid in kind through December 31, 2021), (vi) 30,977,654 shares of Common Stock that may be acquired upon conversion of the 2014 Notes (including interest paid in kind through December 31, 2021), (vii) 4,000,000 shares of Common Stock that may be acquired upon exercise of the 2014 Warrants, (viii) 1,916,409 shares of Common Stock that may be acquired upon exercise of the 2015 Warrants, (ix) 1,000,000 shares of Common Stock that may be acquired upon exercise of the Sixth Amendment Warrants, (x) 62,500 shares of Common Stock that may be acquired upon exercise of the 2018 Warrants and (xi) 2,000,000 shares of Common Stock that may be acquired upon exercise of the 2021 Warrants (the 2014 Warrants, the 2015 Warrants, the Sixth Amendment Warrants, the 2018 Warrants and the 2021 Warrants together, the “Warrants”). This aggregate amount represents approximately 37.6% of the Issuer’s outstanding common stock, based upon 139,380,748 shares outstanding as of November 10, 2021, as reported in the Issuer’s most recent Quarterly Report on Form 10-Q, and gives effect to the conversion of all 2014 Notes, 2015 Notes, 2018 Notes, Tenth Amendment Notes, Twelfth Amendment Notes and Thirteenth Amendment Notes held by the Reporting Persons into Common Stock and the exercise of all Warrants held by the Reporting Persons.

 

 

 

CUSIP No. 141743104 13D Page 16 of 19

 

Of the amount beneficially owned by the Reporting Persons:

 

(i) HCP Fund is the beneficial owner of (A) 4,280,277 shares of Common Stock underlying the current principal amount of the 2015 Note issued to it (including interest paid in kind through December 31, 2021), (B) 14,429,391 shares of Common Stock underlying the current principal amount of the 2014 Note issued to it (including interest paid in kind through December 31, 2021), (C) 931,600 shares of Common Stock that it has a right to acquire upon exercise of its 2021 Warrant, (D) 465,800 shares of Common Stock that it has a right to acquire upon exercise of its Sixth Amendment Warrant, (E) 615,384 shares of Common Stock that it has a right to acquire upon exercise of its 2015 Warrant, and (F) 1,863,200 shares of Common Stock that it has a right to acquire upon exercise of its 2014 Warrant;

 

(ii) By virtue of their relationship to HCP Fund, described in more detail under Item 2 of this Statement, each of HealthCor Partners, L.P., HCPGP, HealthCor Partners Management, L.P., and HCPMGP may be deemed to share beneficial ownership with HCP Fund of the shares of Common Stock beneficially owned by the HCP Fund;

 

(iii) Hybrid Fund is the beneficial owner of (A) 16,548,263 shares of Common Stock underlying the current principal amount of the 2014 Note issued to it (including interest paid in kind through December 31, 2021), (B) 1,068,400 shares of Common Stock that it has a right to acquire upon exercise of its 2021 Warrant, (C) 534,200 shares of Common Stock that it has a right to acquire upon exercise of its Sixth Amendment Warrant, and (D) 2,136,800 shares of Common Stock that it has a right to acquire upon exercise of its 2014 Warrant;

 

(iv) By virtue of their relationship to Hybrid Fund, described in more detail under Item 2 of this Statement, each of Offshore GP, Group, HealthCor Management, L.P., and Associates may be deemed to share beneficial ownership with Hybrid Fund of the shares of Common Stock beneficially owned by Hybrid Fund;

 

(v) By virtue of his relationship to HCP Fund, Mr. Lightcap may be deemed to share beneficial ownership of the shares of Common Stock beneficially owned by HCP Fund. In addition, Mr. Lightcap is the beneficial owner of (A) 12,633,454 shares of Common Stock underlying the principal amount of the Thirteenth Amendment Note purchased by him under the Thirteenth Amendment (including interest paid in kind through December 31, 2021), (B) 2,302,971 shares of Common Stock underlying the principal amount of the Twelfth Amendment Note purchased by him under the Twelfth Amendment (including interest paid in kind through December 31, 2021); (C) 7,659,596 shares of Common Stock underlying the current principal amount of the Tenth Amendment Note purchased by him pursuant to the Tenth Amendment (including interest paid in kind through December 31, 2021); (D) 8,032,014 shares of Common Stock underlying the current principal amount of the 2018 Note purchased by him under the Eighth Amendment (including interest paid in kind through December 31, 2021), (E) 2,996,194 shares of Common Stock underlying the current principal amount of the 2015 Note purchased by him under the Fifth Amendment (including interest paid in kind through December 31, 2021), (F) 62,500 shares of Common Stock that he has a right to acquire upon exercise of his 2018 Warrant and (G) 430,769 shares of Common Stock that he has a right to acquire upon exercise of his 2015 Warrant;

 

 

 

CUSIP No. 141743104 13D Page 17 of 19

 

(vi) By virtue of his relationship to HCP Fund and Hybrid Fund, Mr. Cohen may be deemed to share beneficial ownership of the shares of Common Stock beneficially owned by each of the Funds. In addition, Mr. Cohen is the beneficial owner of (A) 3,484,856 shares of Common Stock underlying the current principal amount of the 2015 Note purchased by him under the Fifth Amendment (including interest paid in kind through December 31, 2021) and (B) 501,025 shares of Common Stock that he has a right to acquire upon exercise of his 2015 Warrant; and

 

(vii) By virtue of his relationship to HCP Fund and Hybrid Fund, Mr. Healey may be deemed to share beneficial ownership of the shares of Common Stock beneficially owned by each of the Funds. In addition, Mr. Healey is the beneficial owner of (A) 2,568,166 shares of Common Stock underlying the current principal amount of the 2015 Note purchased by him under the Fifth Amendment (including interest paid in kind through December 31, 2021) and (B) 369,231 shares of Common Stock that he has a right to acquire upon exercise of his 2015 Warrant.

 

The filing of this Statement shall not be construed as an admission that any of the Reporting Persons is, for the purposes of Section 13(d) or 13(g) of the Securities Exchange Act of 1934, as amended, the beneficial owner of any of the shares of Common Stock owned by the Funds or any other Reporting Person. Pursuant to Rule 13d-4, each of the Reporting Persons disclaims such beneficial ownership.

 

(b)       The information in Items 7 through 10 of each cover page to this Statement is incorporated by reference into this Item 5(b).

 

(c)       On December 31, 2021, the Issuer paid in-kind interest on the 2014 Notes in the principal amounts of $140,775 and $161,446 to the HCP Fund and Hybrid Fund, respectively. On the same date, the Issuer paid in-kind interest on the 2015 Notes in the principal amounts of $54,286, $38,001, $44,198, and $32,572 to HCP Fund, Mr. Lightcap, Mr. Cohen and Mr. Healey, respectively, and paid in-kind interest on the 2018 Notes, the Tenth Amendment Notes, the Twelfth Amendment notes and the Thirteenth Amendment Notes in the principal amounts of $12,170, $11,605, $2,094 and $3,828, respectively, to Mr. Lightcap. Except as set forth in the previous sentences, the Reporting Persons have effected no transactions relating to the Common Stock since their most recent amendment to the Original Statement.

 

(d)-(e)  Inapplicable.

 

 

 

CUSIP No. 141743104 13D Page 18 of 19

 

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.

 

January 4, 2021

 

  HEALTHCOR MANAGEMENT, L.P.
   
    By: HealthCor Associates, LLC, its general partner
   
    By:  /s/ John Doherty
    Name: John Doherty
    Title: General Counsel
   
  HEALTHCOR HYBRID OFFSHORE GP, LLC, for itself and as general partner on behalf of HEALTHCOR HYBRID OFFSHORE MASTER FUND, L.P.
   
    By: HealthCor Group, LLC, its general partner
   
    By:  /s/ John Doherty
    Name: John Doherty
    Title: General Counsel
   
  HEALTHCOR ASSOCIATES, LLC
   
    By:  /s/ John Doherty
    Name: John Doherty
    Title: General Counsel
   
  HEALTHCOR GROUP, LLC
   
    By:  /s/ John Doherty
    Name: John Doherty
    Title: General Counsel

 

 

 

CUSIP No. 141743104 13D Page 19 of 19

 

  HEALTHCOR PARTNERS MANAGEMENT, L.P.
   
    By: HealthCor Partners Management GP, LLC, its general partner
   
    By:  /s/ Jeffrey C. Lightcap
    Name: Jeffrey C. Lightcap
    Title: Member
   
  HEALTHCOR PARTNERS MANAGEMENT GP, LLC
   
    By:  /s/ Jeffrey C. Lightcap
    Name: Jeffrey C. Lightcap
    Title: Member
   
  HEALTHCOR PARTNERS L.P., for itself and as general partner on behalf of HEALTHCOR PARTNERS FUND, L.P.
   
    By: HealthCor Partners GP, LLC, its general partner
   
    By:  /s/ Jeffrey C. Lightcap
    Name: Jeffrey C. Lightcap
    Title: Member
   
  HEALTHCOR PARTNERS GP, LLC
   
    By:  /s/ Jeffrey C. Lightcap
    Name: Jeffrey C. Lightcap
    Title: Member
   
  JEFFREY C. LIGHTCAP, Individually
   
     /s/ Jeffrey C. Lightcap
   
  JOSEPH HEALEY, Individually
   
     /s/ Joseph Healey
   
  ARTHUR COHEN, Individually
   
     /s/ Arthur Cohen