Sec Form 13G Filing - Institutional Venture Partners XIV L.P. filing for On Deck Capital Inc. (ONDK) - 2020-02-05

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 13G

(Rule 13d-102)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1 (b),

(c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2

(Amendment No. 3)

 

 

On Deck Capital, Inc.

(Name of Issuer)

Common Stock, $0.005 par value per share

(Title of Class of Securities)

682163 10 0

(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)

☒ 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 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. 682163 10 0    13 G    Page 2 of 14 Pages

 

  1    

  NAMES OF REPORTING PERSONS.

 

  Institutional Venture Partners XIII, L.P.

  2  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

  (a)  ☐        (b)  ☒ (1)

 

  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

     6   

  SHARED VOTING POWER

 

  0 shares

     7   

  SOLE DISPOSITIVE POWER

 

  0 shares

     8   

  SHARED DISPOSITIVE POWER

 

  0 shares

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  0 shares

10  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

 

  ☐

11  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  0.0%

12  

  TYPE OF REPORTING PERSON*

 

  PN

 

(1)

This Schedule 13G is filed by Institutional Venture Partners XIII, L.P. (“IVP XIII”), Institutional Venture Management XIII, LLC (“IVM XIII”), Institutional Venture Partners XIV, L.P. (“IVP XIV”), Institutional Venture Management XIV, LLC (“IVM XIV”), Todd C. Chaffee (“Chaffee”), Norman A. Fogelsong (“Fogelsong”), Stephen J. Harrick (“Harrick”), J. Sanford Miller (“Miller”), Jules A. Maltz (“Maltz”) and Dennis B. Phelps (“Phelps” together with IVP XIII, IVM XIII, IVP XIV, IVM XIV, Chaffee, Fogelsong, Harrick, Miller and Maltz, collectively, the “Reporting Persons”). The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.


CUSIP NO. 682163 10 0    13 G    Page 3 of 14 Pages

 

  1    

  NAMES OF REPORTING PERSONS

 

  Institutional Venture Management XIII, LLC

  2  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

  (a)  ☐        (b)  ☒ (1)

 

  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

     6   

  SHARED VOTING POWER

 

  0 shares

     7   

  SOLE DISPOSITIVE POWER

 

  0 shares

     8   

  SHARED DISPOSITIVE POWER

 

  0 shares

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  0 shares

10  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

 

  ☐

11  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  0.0%

12  

  TYPE OF REPORTING PERSON*

 

  OO

 

(1)

This Schedule 13G is filed by the Reporting Persons. The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.


CUSIP NO. 682163 10 0    13 G    Page 4 of 14 Pages

 

  1    

  NAMES OF REPORTING PERSONS.

 

  Institutional Venture Partners XIV, L.P.

  2  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

  (a)  ☐        (b)  ☒ (1)

 

  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

     6   

  SHARED VOTING POWER

 

  0 shares

     7   

  SOLE DISPOSITIVE POWER

 

  0 shares

     8   

  SHARED DISPOSITIVE POWER

 

  0 shares

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  0 shares

10  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

 

  ☐

11  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  0.0%

12  

  TYPE OF REPORTING PERSON*

 

  PN

 

(1)

This Schedule 13G is filed by the Reporting Persons. The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.


CUSIP NO. 682163 10 0    13 G    Page 5 of 14 Pages

 

  1    

  NAMES OF REPORTING PERSONS

 

  Institutional Venture Management XIV, LLC

  2  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

  (a)  ☐        (b)  ☒ (1)

 

  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

     6   

  SHARED VOTING POWER

 

  0 shares

     7   

  SOLE DISPOSITIVE POWER

 

  0 shares

     8   

  SHARED DISPOSITIVE POWER

 

  0 shares

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  0 shares

10  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

 

  ☐

11  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  0.0%

12  

  TYPE OF REPORTING PERSON*

 

  OO

 

(1)

This Schedule 13G is filed by the Reporting Persons. The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.


CUSIP NO. 682163 10 0    13 G    Page 6 of 14 Pages

 

  1    

  NAMES OF REPORTING PERSONS

 

  Todd C. Chaffee

  2  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

  (a)  ☐        (b)  ☒ (1)

 

  3  

  SEC USE ONLY

 

  4  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  United States of America

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

     5     

  SOLE VOTING POWER

 

  0 shares

     6   

  SHARED VOTING POWER

 

  0 shares

     7   

  SOLE DISPOSITIVE POWER

 

  0 shares

     8   

  SHARED DISPOSITIVE POWER

 

  0 shares

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  0 shares

10  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

 

  ☐

11  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  0.0%

12  

  TYPE OF REPORTING PERSON*

 

  IN

 

(1)

This Schedule 13G is filed by the Reporting Persons. The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.


CUSIP NO. 682163 10 0    13 G    Page 7 of 14 Pages

 

  1    

  NAMES OF REPORTING PERSONS

 

  Norman A. Fogelsong

  2  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

  (a)  ☐        (b)  ☒ (1)

 

  3  

  SEC USE ONLY

 

  4  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  United States of America

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

     5     

  SOLE VOTING POWER

 

  0 shares

     6   

  SHARED VOTING POWER

 

  0 shares

     7   

  SOLE DISPOSITIVE POWER

 

  0 shares

     8   

  SHARED DISPOSITIVE POWER

 

  0 shares

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  0 shares

10  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

 

  ☐

11  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  0.0%

12  

  TYPE OF REPORTING PERSON*

 

  IN

 

(1)

This Schedule 13G is filed by the Reporting Persons. The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.


CUSIP NO. 682163 10 0    13 G    Page 8 of 14 Pages

 

  1    

  NAMES OF REPORTING PERSONS

 

  Stephen J. Harrick

  2  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

  (a)  ☐        (b)  ☒ (1)

 

  3  

  SEC USE ONLY

 

  4  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  United States of America

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

     5     

  SOLE VOTING POWER

 

  81,137 shares

     6   

  SHARED VOTING POWER

 

  0 shares

     7   

  SOLE DISPOSITIVE POWER

 

  81,137 shares

     8   

  SHARED DISPOSITIVE POWER

 

  0 shares

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  81,137 shares

10  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

 

  ☐

11  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  0.0%

12  

  TYPE OF REPORTING PERSON*

 

  IN

 

(1)

This Schedule 13G is filed by the Reporting Persons. The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.


CUSIP NO. 682163 10 0    13 G    Page 9 of 14 Pages

 

  1    

  NAMES OF REPORTING PERSONS

 

  J. Sanford Miller

  2  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

  (a)  ☐        (b)  ☒ (1)

 

  3  

  SEC USE ONLY

 

  4  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  United States of America

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

     5     

  SOLE VOTING POWER

 

  0 shares

     6   

  SHARED VOTING POWER

 

  0 shares

     7   

  SOLE DISPOSITIVE POWER

 

  0 shares

     8   

  SHARED DISPOSITIVE POWER

 

  0 shares

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  0 shares

10  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

 

  ☐

11  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  0.0%

12  

  TYPE OF REPORTING PERSON*

 

  IN

 

(1)

This Schedule 13G is filed by the Reporting Persons. The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.


CUSIP NO. 682163 10 0    13 G    Page 10 of 14 Pages

 

  1    

  NAMES OF REPORTING PERSONS

 

  Jules A. Maltz

  2  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

  (a)  ☐        (b)  ☒ (1)

 

  3  

  SEC USE ONLY

 

  4  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  United States of America

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

     5     

  SOLE VOTING POWER

 

  0 shares

     6   

  SHARED VOTING POWER

 

  0 shares

     7   

  SOLE DISPOSITIVE POWER

 

  0 shares

     8   

  SHARED DISPOSITIVE POWER

 

  0 shares

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  0 shares

10  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

 

  ☐

11  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  0.0%

12  

  TYPE OF REPORTING PERSON*

 

  IN

 

(1)

This Schedule 13G is filed by the Reporting Persons. The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.


CUSIP NO. 682163 10 0    13 G    Page 11 of 14 Pages

 

  1    

  NAMES OF REPORTING PERSONS

 

  Dennis B. Phelps

  2  

  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

  (a)  ☐        (b)  ☒ (1)

 

  3  

  SEC USE ONLY

 

  4  

  CITIZENSHIP OR PLACE OF ORGANIZATION

 

  United States of America

NUMBER OF

SHARES

 BENEFICIALLY 

OWNED BY

EACH

REPORTING

PERSON

WITH

     5     

  SOLE VOTING POWER

 

  0 shares

     6   

  SHARED VOTING POWER

 

  0 shares

     7   

  SOLE DISPOSITIVE POWER

 

  0 shares

     8   

  SHARED DISPOSITIVE POWER

 

  0 shares

  9    

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

  0 shares

10  

  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

 

  ☐

11  

  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

  0.0%

12  

  TYPE OF REPORTING PERSON*

 

  IN

 

(1)

This Schedule 13G is filed by the Reporting Persons. The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G.


Introductory Note: This statement on Schedule 13G is filed by the Reporting Persons with the Commission in respect of shares of Common Stock, par value $0.005 per share (“Common Stock”), of On Deck Capital, Inc., a Delaware corporation (the “Issuer”).

 

Item 1

 

(a)    Name of Issuer:    On Deck Capital, Inc.
(b)    Address of Issuer’s   
       Principal Executive Offices:    1400 Broadway, 25th Floor
      New York, New York 10018

 

Item 2

 

(a)    Name of Reporting Persons Filing:
   1.    Institutional Venture Partners XIII, L.P. (“IVP XIII”)
   2.    Institutional Venture Management XIII, LLC (“IVM XIII”)
   3.    Institutional Venture Partners XIV, L.P. (“IVP XIV”)
   4.    Institutional Venture Management XIV, LLC (“IVM XIV”)
   5.    Todd C. Chaffee (“Chaffee”)
   6.    Norman A. Fogelsong (“Fogelsong”)
   7.    Stephen J. Harrick (“Harrick”)
   8.    J. Sanford Miller (“Miller”)
   9.    Dennis B. Phelps (“Phelps”)
   10.    Jules A. Maltz (“Maltz”)

 

(b)    Address of Principal Business Office:    c/o Institutional Venture Partners
      3000 Sand Hill Road, Building 2, Suite 250
      Menlo Park, California 94025

 

(c)    Citizenship:   

 

                IVP XIII    Delaware
   IVM XIII    Delaware
   IVP XIV    Delaware
   IVM XIV    Delaware
   Chaffee    United States of America
   Fogelsong    United States of America
   Harrick    United States of America
   Miller    United States of America
   Phelps    United States of America
   Maltz    United States of America

 

(d)    Title of Class of Securities: Common Stock
(e)    CUSIP Number: 682163 10 0

 

Item 3

Not applicable.

 

12.


Item 4

Ownership.

The following information with respect to the ownership of the Common Stock by the Reporting Persons filing this statement on Schedule 13G is provided as of December 31, 2019:

 

Reporting Persons

   Shares
Held
Directly
     Shared
Voting
Power
     Shared
Dispositive
Power
     Beneficial
Ownership
     Percentage
of Class
 

IVP XIV

     0        0        0        0        0.0

IVM XIV

     0        0        0        0        0.0

IVP XIII

     0        0        0        0        0.0

IVM XIII

     0        0        0        0        0.0

Chaffee

     0        0        0        0        0.0

Fogelsong

     0        0        0        0        0.0

Harrick

     81,137        0        0        81,137        0.0

Miller

     0        0        0        0        0.0

Phelps

     0        0        0        0        0.0

Maltz

     0        0        0        0        0.0

 

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:  

 

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.

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.

 

13.


SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in the attached statement on Schedule 13G is true, complete and correct.

Dated: February 4, 2020

 

INSTITUTIONAL VENTURE PARTNERS XIII, L.P.
By: Institutional Venture Management XIII, LLC
Its: General Partner

 

By:  

/s/ Tracy Hogan

 

Tracy Hogan, Attorney-in-Fact

INSTITUTIONAL VENTURE MANAGEMENT XIII, LLC
By:  

/s/ Tracy Hogan

 

Tracy Hogan, Attorney-in-Fact

INSTITUTIONAL VENTURE PARTNERS XIV, L.P.
By: Institutional Venture Management XIV, LLC
Its: General Partner
By:  

/s/ Tracy Hogan

 

Tracy Hogan, Attorney-in-Fact

INSTITUTIONAL VENTURE MANAGEMENT XIV, LLC
By:  

/s/ Tracy Hogan

 

Tracy Hogan, Attorney-in-Fact

  /s/ Tracy Hogan

Tracy Hogan, Attorney-in-Fact for Todd C. Chaffee

  /s/ Tracy Hogan

Tracy Hogan, Attorney-in-Fact for Norman A. Fogelsong

  /s/ Tracy Hogan

Tracy Hogan, Attorney-in-Fact for Stephen J. Harrick

  /s/ Tracy Hogan

Tracy Hogan, Attorney-in-Fact for J. Sanford Miller

  /s/ Tracy Hogan

Tracy Hogan, Attorney-in-Fact for Dennis B. Phelps

  /s/ Tracy Hogan

Tracy Hogan, Attorney-in-Fact for Jules A. Maltz

Exhibit(s):

 

A:

Joint Filing Statement

 

14.