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>>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 2)*
Pacira Pharmaceuticals, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
695127 10 0
(CUSIP Number)
Luke B. Evnin
MPM Asset Management
The John Hancock Tower
200 Clarendon Street, 54th Floor
Boston, MA 02116
Telephone: (617) 425-9200
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
March 11, 2013
(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 §§240.13d-1(e), 240.13d-1(f) or 240.13d-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 §240.13d-7 for other parties to whom copies are to be sent.
| * | 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. 695127 10 0 |
| 1. |
Name of Reporting Persons. I.R.S. Identification No(s). of above person(s) (entities only)
MPM BioVentures IV-QP, L.P. | |||||
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions) (a) ¨ (b) x(1)
| |||||
| 3. | SEC USE ONLY
| |||||
| 4. | Source of Funds (See Instructions)
WC | |||||
| 5. | Check 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
1,283,584(2) | ||||
| 8. | Shared Voting Power
0 | |||||
| 9. | Sole Dispositive Power
1,283,584(2) | |||||
| 10. | Shared Dispositive Power
0 | |||||
| 11. |
Aggregate Amount Beneficially Owned by Each Reporting Person
1,283,584(2) | |||||
| 12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
| |||||
| 13. | Percent of Class Represented by Amount in Row (11)
3.9%(3) | |||||
| 14. | Type of Reporting Person (See Instructions)
PN | |||||
| (1) | MPM BioVentures IV-QP, L.P. (“BV IV QP”), MPM BioVentures IV GmbH & Co. Beteiligungs KG (“BV IV KG”), MPM Asset Management Investors BV4 LLC (“AM LLC”), MPM BioVentures IV GP LLC (“BV IV GP”), MPM BioVentures IV LLC (“BV IV LLC”) (collectively, the “MPM Entities”) and Ansbert Gadicke, Luke Evnin, Todd Foley, James Paul Scopa, Vaughn Kailian and John Vander Vort (collectively, the “Listed Persons” and together with the MPM Entities, the “Filing Persons”). The Listed Persons are members of BV IV LLC. The MPM Entities and the Listed Persons expressly disclaim status as a “group” for purposes of this Schedule 13D. |
| (2) | Includes 74,073 shares of Common Stock underlying warrants which are exercisable within 60 days of the date of this filing. |
| (3) | This percentage is calculated based upon 32,656,356 shares of Pacira Pharmaceuticals, Inc.’s (the “Issuer’s”) common stock, par value $0.001 per share (the “Common Stock”) outstanding on February 25, 2013, as disclosed in the Issuer’s Annual Report on Form 10-K, filed with the Securities and Exchange Commission on March 3, 2013. |
Page 2
| CUSIP No. 695127 10 0 |
| 1. |
Name of Reporting Persons. I.R.S. Identification No(s). of above person(s) (entities only)
MPM BioVentures IV GmbH & Co. Beteiligungs KG | |||||
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions) (a) ¨ (b) x(1)
| |||||
| 3. | SEC USE ONLY
| |||||
| 4. | Source of Funds (See Instructions)
WC | |||||
| 5. | Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
| |||||
| 6. | Citizenship or Place of Organization
Germany | |||||
| Number of Shares Beneficially Owned by Each Reporting Person With:
|
7. | Sole Voting Power
49,453(2) | ||||
| 8. | Shared Voting Power
0 | |||||
| 9. | Sole Dispositive Power
49,453(2) | |||||
| 10. | Shared Dispositive Power
0 | |||||
| 11. |
Aggregate Amount Beneficially Owned by Each Reporting Person
49,453(2) | |||||
| 12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
| |||||
| 13. | Percent of Class Represented by Amount in Row (11)
0.2%(3) | |||||
| 14. | Type of Reporting Person (See Instructions)
PN | |||||
| (1) | This Schedule is filed by the MPM Entities and the Listed Persons. The MPM Entities and the Listed Persons expressly disclaim status as a “group” for purposes of this Schedule 13D. |
| (2) | Includes 2,853 shares of Common Stock underlying warrants which are exercisable within 60 days of the date of this filing. |
| (3) | This percentage is calculated based upon 32,656,356 shares of the Issuer’s Common Stock outstanding on February 25, 2013, as disclosed in the Issuer’s Annual Report on Form 10-K, filed with the Securities and Exchange Commission on March 3, 2013. |
Page 3
| CUSIP No. 695127 10 0 |
| 1. |
Name of Reporting Persons. I.R.S. Identification No(s). of above person(s) (entities only)
MPM Asset Management Investors BV4 LLC | |||||
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions) (a) ¨ (b) x(1)
| |||||
| 3. | SEC USE ONLY
| |||||
| 4. | Source of Funds (See Instructions)
WC | |||||
| 5. | Check 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
36,474(2) | ||||
| 8. | Shared Voting Power
0 | |||||
| 9. | Sole Dispositive Power
36,474(2) | |||||
| 10. | Shared Dispositive Power
0 | |||||
| 11. |
Aggregate Amount Beneficially Owned by Each Reporting Person
36,474(2) | |||||
| 12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
| |||||
| 13. | Percent of Class Represented by Amount in Row (11)
0.1%(3) | |||||
| 14. | Type of Reporting Person (See Instructions)
OO | |||||
| (1) | This Schedule is filed by the MPM Entities and the Listed Persons. The MPM Entities and the Listed Persons expressly disclaim status as a “group” for purposes of this Schedule 13D. |
| (2) | Includes 2,106 shares of Common Stock underlying warrants which are exercisable within 60 days of the date of this filing. |
| (3) | This percentage is calculated based upon 32,656,356 shares of the Issuer’s Common Stock outstanding on February 25, 2013, as disclosed in the Issuer’s Annual Report on Form 10-K, filed with the Securities and Exchange Commission on March 3, 2013. |
Page 4
| CUSIP No. 695127 10 0 |
| 1. |
Name of Reporting Persons. I.R.S. Identification No(s). of above person(s) (entities only)
MPM BioVentures IV GP LLC | |||||
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions) (a) ¨ (b) x(1)
| |||||
| 3. | SEC USE ONLY
| |||||
| 4. | Source of Funds (See Instructions)
WC | |||||
| 5. | Check 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
1,367,405(2) | |||||
| 9. | Sole Dispositive Power
0 | |||||
| 10. | Shared Dispositive Power
1,367,405(2) | |||||
| 11. |
Aggregate Amount Beneficially Owned by Each Reporting Person
1,367,405(2) | |||||
| 12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
| |||||
| 13. | Percent of Class Represented by Amount in Row (11)
4.2%(3) | |||||
| 14. | Type of Reporting Person (See Instru ctions)
OO | |||||
| (1) | This Schedule is filed by the MPM Entities and the Listed Persons. The MPM Entities and the Listed Persons expressly disclaim status as a “group” for purposes of this Schedule 13D. |
| (2) | Includes 1,209,511 shares of Common Stock held by BV IV QP and 46,600 shares of Common Stock held by BV IV KG. Also includes (i) 74,073 shares of Common Stock underlying warrants held by BV IV QP, which are exercisable within 60 days of the date of this filing and (ii) 2,853 shares of Common Stock underlying warrants held by BV IV KG, which are exercisable within 60 days of the date of this filing. BV IV GP and BV IV LLC are the direct and indirect general partners of BV IV QP and BV IV KG. |
| (3) | This percentage is calculated based upon 32,656,356 shares of the Issuer’s Common Stock outstanding on February 25, 2013, as disclosed in the Issuer’s Annual Report on Form 10-K, filed with the Securities and Exchange Commission on March 3, 2013. |
Page 5
| CUSIP No. 695127 10 0 |
| 1. |
Name of Reporting Persons. I.R.S. Identification No(s). of above person(s) (entities only)
MPM BioVentures IV LLC | |||||
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions) (a) ¨ (b) x(1)
| |||||
| 3. | SEC USE ONLY
| |||||
| 4. | Source of Funds (See Instructions)
WC | |||||
| 5. | Check 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
1,369,511(2) | |||||
| 9. | Sole Dispositive Power
0 | |||||
| 10. | Shared Dispositive Power
1,369,511(2) | |||||
| 11. |
Aggregate Amount Beneficially Owned by Each Reporting Person
1,369,511(2) | |||||
| 12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
| |||||
| 13. | Percent of Class Represented by Amount in Row (11)
4.2%(3) | |||||
| 14. | Type of Reporting Person (See Instructions)
OO | |||||
| (1) | This Schedule is filed by the MPM Entities and the Listed Persons. The MPM Entities and the Listed Persons expressly disclaim status as a “group” for purposes of this Schedule 13D. |
| (2) | Includes 1,209,511 shares of Common Stock held by BV IV QP, 46,600 shares of Common Stock held by BV IV KG and 34,368 shares of Common Stock held by AM LLC. Also includes (i) 74,073 shares of Common Stock underlying warrants held by BV IV QP, which are exercisable within 60 days of the date of this filing, (ii) 2,853 shares of Common Stock underlying warrants held by BV IV KG, which are exercisable within 60 days of the date of this filing and (iii) 2,106 shares of Common Stock underlying warrants held by AM LLC, which are exercisable within 60 days of the date of this filing. BV IV GP and BV IV LLC are the direct and indirect general partners of BV IV QP and BV IV KG and BV IV LLC is the manager of AM LLC. |
| (3) | This percentage is calculated based upon 32,656,356 shares of the Issuer’s Common Stock outstanding on February 25, 2013, as disclosed in the Issuer’s Annual Report on Form 10-K, filed with the Securities and Exchange Commission on March 3, 2013. |
Page 6
| CUSIP No. 695127 10 0 |
| 1. |
Name of Reporting Persons. I.R.S. Identification No(s). of above person(s) (entities only)
Ansbert Gadicke | |||||
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions) (a) ¨ (b) x(1)
| |||||
| 3. | SEC USE ONLY
| |||||
| 4. | Source of Funds (See Instructions)
OO | |||||
| 5. | Check 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
15,868 | ||||
| 8. | Shared Voting Power
1,369,511(2) | |||||
| 9. | Sole Dispositive Power
15,868 | |||||
| 10. | Shared Dispositive Power
1,369,511(2) | |||||
| 11. |
Aggregate Amount Beneficially Owned by Each Reporting Person
1,385,379(2) | |||||
| 12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
| |||||
| 13. | Percent of Class Represented by Amount in Row (11)
4.2%(3) | |||||
| 14. | Type of Reporting Person (See Instructions)
IN | |||||
| (1) | This Schedule is filed by the MPM Entities and the Listed Persons. The MPM Entities and the Listed Persons expressly disclaim status as a “group” for purposes of this Schedule 13D. |
| (2) | Includes 1,209,511 shares of Common Stock held by BV IV QP, 46,600 shares of Common Stock held by BV IV KG and 34,368 shares of Common Stock held by AM LLC. Also includes (i) 74,073 shares of Common Stock underlying warrants held by BV IV QP, which are exercisable within 60 days of the date of this filing, (ii) 2,853 shares of Common Stock underlying warrants held by BV IV KG, which are exercisable within 60 days of the date of this filing and (iii) 2,106 shares of Common Stock underlying warrants held by AM LLC, which are exercisable within 60 days of the date of this filing. BV IV GP and BV IV LLC are the direct and indirect general partners of BV IV QP and BV IV KG and BV IV LLC is the manager of AM LLC. The Reporting Person is a member of BV IV LLC. |
| (3) | This percentage is calculated based upon 32,656,356 shares of the Issuer’s Common Stock outstanding on February 25, 2013, as disclosed in the Issuer’s Annual Report on Form 10-K, filed with the Securities and Exchange Commission on March 3, 2013. |
Page 7
| CUSIP No. 695127 10 0 |
| 1. |
Name of Reporting Persons. I.R.S. Identification No(s). of above person(s) (entities only)
Luke Evnin | |||||
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions) (a) ¨ (b) x(1)
| |||||
| 3. | SEC USE ONLY
| |||||
| 4. | Source of Funds (See Instructions)
OO | |||||
| 5. | Check 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
50,895(2) | ||||
| 8. | Shared Voting Power
1,369,511(3) | |||||
| 9. | Sole Dispositive Power
50,895(2) | |||||
| 10. | Shared Dispositive Power
1,369,511(3) | |||||
| 11. |
Aggregate Amount Beneficially Owned by Each Reporting Person
1,420,406(2)(3) | |||||
| 12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
| |||||
| 13. | Percent of Class Represented by Amount in Row (11)
4.3%(4) | |||||
| 14. | Type of Reporting Person (See Instructions)
IN | |||||
| (1) | This Schedule is filed by the MPM Entities and the Listed Persons. The MPM Entities and Listed Persons expressly disclaim status as a “group” for purposes of this Schedule 13D. |
| (2) | Included 28,149 shares of Common Stock issuable pursuant to options exercisable within 60 days of the date of this filing. |
| (3) | Includes 1,209,511 shares of Common Stock held by BV IV QP, 46,600 shares of Common Stock held by BV IV KG and 34,368 shares of Common Stock held by AM LLC. Also includes (i) 74,073 shares of Common Stock underlying warrants held by BV IV QP, which are exercisable within 60 days of the date of this filing, (ii) 2,853 shares of Common Stock underlying warrants held by BV IV KG, which are exercisable within 60 days of the date of this filing and (iii) 2,106 shares of Common Stock underlying warrants held by AM LLC, which are exercisable within 60 days of the date of this filing. BV IV GP and BV IV LLC are the direct and indirect general partners of BV IV QP and BV IV KG and BV IV LLC is the manager of AM LLC. The Reporting Person is a member of BV IV LLC. |
| (4) | This percentage is calculated based upon 32,656,356 shares of the Issuer’s Common Stock outstanding on February 25, 2013, as disclosed in the Issuer’s Annual Report on Form 10-K, filed with the Securities and Exchange Commission on March 3, 2013. |
Page 8
| CUSIP No. 695127 10 0 |
| 1. |
Name of Reporting Persons. I.R.S. Identification No(s). of above person(s) (entities only)
Todd Foley | |||||
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions) (a) ¨ (b) x(1)
| |||||
| 3. | SEC USE ONLY
| |||||
| 4. | Source of Funds (See Instructions)
OO | |||||
| 5. | Check 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
46 | ||||
| 8. | Shared Voting Power
1,369,511(2) | |||||
| 9. | Sole Dispositive Power
46 | |||||
| 10. | Shared Dispositive Power
1,369,511(2) | |||||
| 11. |
Aggregate Amount Beneficially Owned by Each Reporting Person
1,369,557(2) | |||||
| 12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
| |||||
| 13. | Percent of Class Represented by Amount in Row (11)
4.2%(3) | |||||
| 14. | Type of Reporting Person (See Instructions)
IN | |||||
| (1) | This Schedule is filed by the MPM Entities and the Listed Persons. The MPM Entities and the Listed Persons expressly disclaim status as a “group” for purposes of this Schedule 13D. |
| (2) | Includes 1,209,511 shares of Common Stock held by BV IV QP, 46,600 shares of Common Stock held by BV IV KG and 34,368 shares of Common Stock held by AM LLC. Also includes (i) 74,073 shares of Common Stock underlying warrants held by BV IV QP, which are exercisable within 60 days of the date of this filing, (ii) 2,853 shares of Common Stock underlying warrants held by BV IV KG, which are exercisable within 60 days of the date of this filing and (iii) 2,106 shares of Common Stock underlying warrants held by AM LLC, which are exercisable within 60 days of the date of this filing. BV IV GP and BV IV LLC are the direct and indirect general partners of BV IV QP and BV IV KG and BV IV LLC is the manager of AM LLC. The Reporting Person is a member of BV IV LLC. |
| (3) | This percentage is calculated based upon 32,656,356 shares of the Issuer’s Common Stock outstanding on February 25, 2013, as disclosed in the Issuer’s Annual Report on Form 10-K, filed with the Securities and Exchange Commission on March 3, 2013. |
Page 9
| CUSIP No. 695127 10 0 |
| 1. |
Name of Reporting Persons. I.R.S. Identification No(s). of above person(s) (entities only)
James Paul Scopa | |||||
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions) (a) ¨ (b) x(1)
| |||||
| 3. | SEC USE ONLY
| |||||
| 4. | Source of Funds (See Instructions)
OO | |||||
| 5. | Check 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
4,966 | ||||
| 8. | Shared Voting Power
1,369,511(2) | |||||
| 9. | Sole Dispositive Power
4,966 | |||||
| 10. | Shared Dispositive Power
1,369,511(2) | |||||
| 11. |
Aggregate Amount Beneficially Owned by Each Reporting Person
1,374,477(2) | |||||
| 12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
| |||||
| 13. | Percent of Class Represented by Amount in Row (11)
4.2%(3) | |||||
| 14. | Type of Reporting Person (See Instructions)
IN | |||||
| (1) | This Schedule is filed by the MPM Entities and the Listed Persons. The MPM Entities and the Listed Persons expressly disclaim status as a “group” for purposes of this Schedule 13D. |
| (2) | Includes 1,209,511 shares of Common Stock held by BV IV QP, 46,600 shares of Common Stock held by BV IV KG and 34,368 shares of Common Stock held by AM LLC. Also includes (i) 74,073 shares of Common Stock underlying warrants held by BV IV QP, which are exercisable within 60 days of the date of this filing, (ii) 2,853 shares of Common Stock underlying warrants held by BV IV KG, which are exercisable within 60 days of the date of this filing and (iii) 2,106 shares of Common Stock underlying warrants held by AM LLC, which are exercisable within 60 days of the date of this filing. BV IV GP and BV IV LLC are the direct and indirect general partners of BV IV QP and BV IV KG and BV IV LLC is the manager of AM LLC. The Reporting Person is a member of BV IV LLC. |
| (3) | This percentage is calculated based upon 32,656,356 shares of the Issuer’s Common Stock outstanding on February 25, 2013, as disclosed in the Issuer’s Annual Report on Form 10-K, filed with the Securities and Exchange Commission on March 3, 2013. |
Page 10
| CUSIP No. 695127 10 0 |
| 1. |
Name of Reporting Persons. I.R.S. Identification No(s). of above person(s) (entities only)
Vaughn M. Kailian | |||||
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions) (a) ¨ (b) x(1)
| |||||
| 3. | SEC USE ONLY
| |||||
| 4. | Source of Funds (See Instructions)
OO | |||||
| 5. | Check 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
8,225 | ||||
| 8. | Shared Voting Power
1,369,511(2) | |||||
| 9. | Sole Dispositive Power
8,225 | |||||
| 10. | Shared Dispositive Power
1,369,511(2) | |||||
| 11. |
Aggregate Amount Beneficially Owned by Each Reporting Person
1,377,736(2) | |||||
| 12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
| |||||
| 13. | Percent of Class Represented by Amount in Row (11)
4.2%(3) | |||||
| 14. | Type of Reporting Person (See Instructions)
IN | |||||
| (1) | This Schedule is filed by the MPM Entities and the Listed Persons. The MPM Entities and the Listed Persons expressly disclaim status as a “group” for purposes of this Schedule 13D. |
| (2) | Includes 1,209,511 shares of Common Stock held by BV IV QP, 46,600 shares of Common Stock held by BV IV KG and 34,368 shares of Common Stock held by AM LLC. Also includes (i) 74,073 shares of Common Stock underlying warrants held by BV IV QP, which are exercisable within 60 days of the date of this filing, (ii) 2,853 shares of Common Stock underlying warrants held by BV IV KG, which are exercisable within 60 days of the date of this filing and (iii) 2,106 shares of Common Stock underlying warrants held by AM LLC, which are exercisable within 60 days of the date of this filing. BV IV GP and BV IV LLC are the direct and indirect general partners of BV IV QP and BV IV KG and BV IV LLC is the manager of AM LLC. The Reporting Person is a member of BV IV LLC. |
| (3) | This percentage is calculated based upon 32,656,356 shares of the Issuer’s Common Stock outstanding on February 25, 2013, as disclosed in the Issuer’s Annual Report on Form 10-K, filed with the Securities and Exchange Commission on March 3, 2013. |
Page 11
| CUSIP No. 695127 10 0 |
| 1. |
Name of Reporting Persons. I.R.S. Identification No(s). of above person(s) (entities only)
John Vander Vort | |||||
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions) (a) ¨ (b) x(1)
| |||||
| 3. | SEC USE ONLY
| |||||
| 4. | Source of Funds (See Instructions)
OO | |||||
| 5. | Check 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
2,127 | ||||
| 8. | Shared Voting Power
1,369,511(2) | |||||
| 9. | Sole Dispositive Power
2,127 | |||||
| 10. | Shared Dispositive Power
1,369,511(2) | |||||
| 11. |
Aggregate Amount Beneficially Owned by Each Reporting Person
1,371,638(2) | |||||
| 12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
| |||||
| 13. | Percent of Class Represented by Amount in Row (11)
4.2%(3) | |||||
| 14. | Type of Reporting Person (See Instructions)
IN | |||||
| (1) | This Schedule is filed by the MPM Entities and the Listed Persons. The MPM Entities and the Listed Persons expressly disclaim status as a “group” for purposes of this Schedule 13D. |
| (2) | Includes 1,209,511 shares of Common Stock held by BV IV QP, 46,600 shares of Common Stock held by BV IV KG and 34,368 shares of Common Stock held by AM LLC. Also includes (i) 74,073 shares of Common Stock underlying warrants held by BV IV QP, which are exercisable within 60 days of the date of this filing, (ii) 2,853 shares of Common Stock underlying warrants held by BV IV KG, which are exercisable within 60 days of the date of this filing and (iii) 2,106 shares of Common Stock underlying warrants held by AM LLC, which are exercisable within 60 days of the date of this filing. BV IV GP and BV IV LLC are the direct and indirect general partners of BV IV QP and BV IV KG and BV IV LLC is the manager of AM LLC. The Reporting Person is a member of BV IV LLC. |
| (3) | This percentage is calculated based upon 32,656,356 shares of the Issuer’s Common Stock outstanding on February 25, 2013, as disclosed in the Issuer’s Annual Report on Form 10-K, filed with the Securities and Exchange Commission on March 3, 2013. |
Page 12
This Amendment No. 2 to Schedule 13D (this “Schedule 13D”) amends and supplements the Schedule 13D previously filed by the undersigned with the Securities and Exchange Commission on February 18, 2011 and amended by Amendment No.1 filed November 29, 2011 (as amended, the “Original Schedule 13D”). This Schedule 13D/A is being filed to report the open market sales of shares, and distributions in kind, of common stock of Pacira Pharmaceuticals, Inc. (the “Company”) by the MPM Entities.
All capitalized terms not otherwise defined herein shall have the meaning ascribed to the terms in the Original Schedule 13D. The Original Schedule 13D is hereby further amended and supplemented as follows and, except as expressly amended below, the Original Schedule 13D remains in full force and effect.
| Item 4. | Purpose of Transaction |
Item 4 of the Original Schedule 13D is hereby amended and supplemented by adding the following paragraph at the end of Item 4:
The MPM Entities sold an aggregate of 500,000 shares of Common Stock in an open mark et transaction on March 11, 2013 for aggregate proceeds of $13,930,000 and an aggregate of 500,000 shares of Common Stock in an open market transaction on March 18, 2013 for aggregate proceeds of $14,221,644.80.
On March 18, 2013, the MPM Entities distributed in kind an aggregate of 1,000,000 shares of Common Stock held by the MPM Entities on a pro rata basis to their respective partners and members.
| Item 5. | Interest in Securities of the Issuer |
“Item 5. Interest in Securities of the Issuer” is hereby amended and restated in its entirety as follows:
(a) – (b) The following information with respect to the ownership of the Common Stock of the Issuer by the Filing Persons is provided as of March 18, 2013:
| Reporting Person |
Shares Held Directly |
Shares Issuable Upon Exercise of Warrants or Options to Purchase Common Stock Held Directly |
Sole Voting Power |
Shared Voting Power |
Sole Dispositive Power |
Shared Dispositive Power |
Beneficial Ownership |
Percentage of Class (1) |
||||||||||||||||||||||||
| BV IV QP |
1,209,511 | 74,073 | 1,283,584 | 0 | 1,283,584 | 0 | 1,283,584 | 3.9 | % | |||||||||||||||||||||||
| BV IV KG |
46,600 | 2,853 | 49,453 | 0 | 49,453 | 0 | 49,453 | 0.2 | % | |||||||||||||||||||||||
| AM LLC |
34,368 | 2,106 | 36,474 | 0 | 36,474 | 0 | 36,474 | 0.1 | % | |||||||||||||||||||||||
| BV IV GP(2) |
0 | 0 | 0 | 1,367,405 | 0 | 1,367,405 | 1,367,405 | 4.2 | % | |||||||||||||||||||||||
| BV IV LLC(3) |
0 | 0 | 0 | 1,369,511 | 0 | 1,369,511 | 1,369,511 | 4.2 | % | |||||||||||||||||||||||
| Ansbert Gadicke(4) |
15,868 | 0 | 15,868 | 1,369,511 | 15,868 | 1,369,511 | 1,385,379 | 4.2 | % | |||||||||||||||||||||||
| Luke Evnin(4)(5) |
22,746 | 28,149 | 50,895 | 1,369,511 | 50,895 | 1,369,511 | 1,420,406 | 4.3 | % | |||||||||||||||||||||||
| Todd Foley (4) |
46 | 0 | 46 | 1,369,511 | 46 | 1,369,511 | 1,369,557 | 4.2 | % | |||||||||||||||||||||||
| James Paul Scopa(4) |
4,966 | 0 | 4,966 | 1,369,511 | 4,966 | 1,369,511 | 1,374,477 | 4.2 | % | |||||||||||||||||||||||
| Vaughn Kailian(4) |
8,225 | 0 | 8,225 | 1,369,511 | 8,225 | 1,369,511 | 1,377,736 | 4.2 | % | |||||||||||||||||||||||
| John Vander Vort(4) |
2,127 | 0 | 2,127 | 1,369,511 | 2,127 | 1,369,511 | 1,371,638 | 4.2 | % | |||||||||||||||||||||||
Page 13
| (1) | This percentage is calculated based upon 32,656,356 shares of the Issuer’s Common Stock outstanding on February 25, 2013, as disclosed in the Issuer’s Annual Report on Form 10-K, filed with the Securities and Exchange Commission on March 3, 2013. |
| (2) | Includes securities held by BV IV QP and BV IV KG. BV IV GP and BV IV LLC are the direct and indirect general partners of BV IV QP and BV IV KG. |
| (3) | Includes securities held by BV IV QP, BV IV KG and AM LLC. BV IV GP and BV IV LLC are the direct and indirect general partners of BV IV QP and BV IV KG and BV IV LLC is the manager of AM LLC. |
| (4) | Includes securities held by BV IV QP, BV IV KG and AM LLC. The Reporting Person is a member of BV IV LLC. |
| (5) | Includes shares issuable pursuant to options exercisable within 60 days of the date of this filing. |
(c) The MPM Entities sold the following shares of Common Stock in the open market:
| MPM Entity |
Date of Transaction | Number of Shares Sold | Price Per Share | |||||
| BV IV QP |
March 11, 2013 | 468,621 | $ | 27.86 | ||||
| BV IV KG |
March 11, 2013 | 18,054 | $ | 27.86 | ||||
| AM LLC |
March 11, 2013 | 13,325 | $ | 27.86 | ||||
| BV IV QP |
March 18, 2013 | 468,600 | $ | 28.44 | (1) | |||
| BV IV KG |
March 18, 2013 | 18,050 | $ | 28.44 | (1) | |||
| AM LLC |
March 18, 2013 | 13,350 | $ | 28.44 | (1) | |||
| (1) | Represents the weighted average sales price for the price increments ranging from $27.90 to $29.54. |
On March 18, 2013, the MPM Entities distributed the following shares of Common Stock on a pro rata basis to their respective partners and members:
| MPM Entity |
Date of Transaction | Number of
Shares Distributed | ||
| BV IV QP |
March 18, 2013 | 937,241 | ||
| BV IV KG |
March 18, 2013 | 36,108 | ||
| AM LLC |
March 18, 2013 | 26,651 |
By virtue of the foregoing distributions, the following Reporting Persons received aggregate shares of Common Stock as set forth below:
| Reporting Person |
Date of Transaction | Number of
Shares Received |
||||
| Ansbert Gadicke |
March 18, 2013 | 15,868 | ||||
| Luke Evnin |
March 18, 2013 | 22,746 | ||||
| Todd Foley |
March 18, 2013 | 46 | ||||
| James Paul Scopa |
March 18, 2013 | 4,966 | ||||
| Vaughn Kailian |
March 18, 2013 | 8,225 | ||||
| John Vander Vort |
March 18, 2013 | 2,127 | ||||
Page 14
(d) Not applicable.
(e) On March 18, 2013, the Reporting Persons ceased to be beneficial owners of more than 5% of the issued and outstanding Common Stock of the Company. The reporting obligations of the Reporting Persons with respect to the Common Stock pursuant to Section 13(d) of the Exchange Act and the rules and regulations promulgated thereunder are therefore terminated.
| Item 7. | Material to Be Filed as Exhibits |
Item 7 of the Original Schedule 13D is hereby supplemented by adding the following in appropriate order:
| B. | Agreement regarding filing of joint Schedule 13D/A. |
Page 15
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: March 21, 2013
| MPM BIOVENTURES IV GP LLC | ||
| By: | MPM BioVentures IV LLC, its Managing Member | |
| By: | /s/ Vaughn M. Kailian | |
| Name: | Vaughn M. Kailian | |
| Title: | Member | |
| MPM BIOVENTURES IV LLC | ||
| By: | /s/ Vaughn M. Kailian | |
| Name: | Vaughn M. Kailian | |
| Title: | Member | |
| MPM BIOVENTURES IV-QP, L.P. | ||
| By: | MPM BioVentures IV GP LLC, its General Partner | |
| By: | MPM BioVentures IV LLC, its Managing Member | |
| By: | /s/ Vaughn M. Kailian | |
| Name: | Vaughn M. Kailian | |
| Title: | Member | |
| MPM BIOVENTURES IV GMBH & CO. BETEILIGUNGS KG | ||
| By: | MPM BioVentures IV GP LLC, in its capacity as the Managing Limited Partner | |
| By: | MPM BioVentures IV LLC, its Managing Member | |
| By: | /s/ Vaughn M. Kailian | |
| Name: | Vaughn M. Kailian | |
| Title: | Member | |
Page 16
| MPM ASSET MANAGEMENT INVESTORS BV4 LLC | ||
| By: | MPM BioVentures IV LLC | |
| Its: Manager | ||
| By: | /s/ Vaughn M. Kailian | |
| Name: | Vaughn M. Kailian | |
| Title: | Member | |
| By: | /s/ Ansbert Gadicke | |
| Name: | Ansbert Gadicke | |
| By: | /s/ Luke Evnin | |
| Name: | Luke Evnin | |
| By: | /s/ Todd Foley | |
| Name: | Todd Foley | |
| By: | /s/ James Paul Scopa | |
| Name: | James Paul Scopa | |
| By: | /s/ Vaughn M. Kailian | |
| Name: | Vaughn M. Kailian | |
| By: | /s/ John Vander Vort | |
| Name: | John Vander Vort | |
Page 17
Exhibit Index
| B. | Agreement regarding filing of joint Schedule 13D/A. |
Page 18