0001596770-15-000066.txt : 20151123 0001596770-15-000066.hdr.sgml : 20151123 20151123164148 ACCESSION NUMBER: 0001596770-15-000066 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20151123 DATE AS OF CHANGE: 20151123 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Mattersight Corp CENTRAL INDEX KEY: 0001094348 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373] IRS NUMBER: 364304577 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-58863 FILM NUMBER: 151250143 BUSINESS ADDRESS: STREET 1: 200 S. WACKER DRIVE #820 CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: 877-235-6925 MAIL ADDRESS: STREET 1: 200 S. WACKER DRIVE #820 CITY: CHICAGO STATE: IL ZIP: 60606 FORMER COMPANY: FORMER CONFORMED NAME: ELOYALTY CORP DATE OF NAME CHANGE: 19990902 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SUTTER HILL VENTURES CENTRAL INDEX KEY: 0000879051 IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 755 PAGE MILL RD STREET 2: SUITE A200 CITY: PALO ALTO STATE: CA ZIP: 94304 BUSINESS PHONE: 4154935600 MAIL ADDRESS: STREET 1: 755 PAGE MILL RD STREET 2: SUITE A200 CITY: PALO ALTO STATE: CA ZIP: 94304 SC 13D/A 1 schedule13da.htm MATTERSIGHT SCHEDULE 13DA 11-23-15 schedule13da.htm
 
UNITED STATES
 
 
SECURITIES AND EXCHANGE COMMISSION
 
 
Washington, D.C. 20549
 
     
 
SCHEDULE 13D
 
 
Under the Securities Exchange Act of 1934
(Amendment No. 5)*
 
 
 Mattersight Corporation
(Name of Issuer)
 
 
 Common Stock
(Title of Class of Securities)
 
577097108
(CUSIP Number)
 
Robert Yin
Sutter Hill Ventures
755 Page Mill Rd., Suite A-200
Palo Alto, CA  94304
 650-493-5600
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
 
November 19, 2015
(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. o
 
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.
 
 
* 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.   577097108
 
1.
Names of Reporting Persons
Sutter Hill Ventures, a California Limited Partnership 
 
 
2.
Check the Appropriate Box if a Member of a Group (See Instructions)
 
   
(a)
 o
   
(b)
x
 
 
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)     o
 
 
6.
Citizenship or Place of Organization
California
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
7.
Sole Voting Power
1,763,295*
 
8.
Shared Voting Power
0
 
9.
Sole Dispositive Power
1,763,295*
 
10.
Shared Dispositive Power
0
 
 
11.
Aggregate Amount Beneficially Owned by Each Reporting Person
1,763,295
 
 
12.
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o
 
 
13.
Percent of Class Represented by Amount in Row (11)
6.7%
 
 
14.
Type of Reporting Person (See Instructions)
PN
 
___________________________
* See Note 1 on Appendix A.
2

 
 

 
 
CUSIP No.   577097108
 
1.
Names of Reporting Persons
Tench Coxe
 
 
2.
Check the Appropriate Box if a Member of a Group (See Instructions)
 
   
(a)
 o
   
(b)
 x
 
 
3.
 
SEC Use Only
 
 
4.
Source of Funds (See Instructions)
PF
 
 
5.
Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o
 
 
6.
Citizenship or Place of Organization
United States
 
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
7.
Sole Voting Power
2,146,125*
 
8.
Shared Voting Power
1,763,295**
 
9.
Sole Dispositive Power
2,146,125*
 
10.
Shared Dispositive Power
1,763,295**
 
 
11.
Aggregate Amount Beneficially Owned by Each Reporting Person
3,909,420
 
 
12.
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o
 
 
13.
Percent of Class Represented by Amount in Row (11)
14.6%
 
 
14.
Type of Reporting Person (See Instructions)
IN
 
___________________________
* See Note 3 on Appendix A.
** Consists of shares owned by Sutter Hill Ventures, a California Limited Partnership.  See Appendix A.

 
 

 
 
CUSIP No.   577097108
 
1.
Names of Reporting Persons
James N. White
 
 
2.
Check the Appropriate Box if a Member of a Group (See Instructions)
 
   
(a)
 o
   
(b)
 x
 
 
3.
 
SEC Use Only
 
 
4.
Source of Funds (See Instructions)
PF
 
 
5.
Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o
 
 
6.
Citizenship or Place of Organization
United States
 
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
7.
Sole Voting Power
250,396*
 
8.
Shared Voting Power
1,763,295**
 
9.
Sole Dispositive Power
250,396*
 
10.
Shared Dispositive Power
1,763,295**
 
 
11.
Aggregate Amount Beneficially Owned by Each Reporting Person
2,013,691
 
 
12.
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o
 
 
13.
Percent of Class Represented by Amount in Row (11)
7.6%
 
 
14.
Type of Reporting Person (See Instructions)
IN
 
___________________________
* See Note 4 on Appendix A.
** Consists of shares owned by Sutter Hill Ventures, a California Limited Partnership.  See Appendix A.

 
 

 

 
CUSIP No.   577097108
 
1.
Names of Reporting Persons
Jeffrey W. Bird
 
 
2.
Check the Appropriate Box if a Member of a Group (See Instructions)
 
   
(a)
 o
   
(b)
 x
 
 
3.
 
SEC Use Only
 
 
4.
Source of Funds (See Instructions)
PF
 
 
5.
Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o
 
 
6.
Citizenship or Place of Organization
United States
 
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
7.
Sole Voting Power
211,031*
 
8.
Shared Voting Power
1,763,295**
 
9.
Sole Dispositive Power
211,031*
 
10.
Shared Dispositive Power
1,763,295**
 
 
11.
Aggregate Amount Beneficially Owned by Each Reporting Person
1,974,326
 
 
12.
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o
 
 
13.
Percent of Class Represented by Amount in Row (11)
7.5%
 
 
14.
Type of Reporting Person (See Instructions)
IN
 
___________________________
* See Note 5 on Appendix A.
** Consists of shares owned by Sutter Hill Ventures, a California Limited Partnership.  See Appendix A.
 
 
 
 

 
 
CUSIP No.   577097108
 
1.
Names of Reporting Persons
Michael L. Speiser
 
 
2.
Check the Appropriate Box if a Member of a Group (See Instructions)
 
   
(a)
 o
   
(b)
 x
 
 
3.
 
SEC Use Only
 
 
4.
Source of Funds (See Instructions)
PF
 
 
5.
Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o
 
 
6.
Citizenship or Place of Organization
United States
 
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
7.
Sole Voting Power
207,128*
 
8.
Shared Voting Power
1,763,295**
 
9.
Sole Dispositive Power
207,128*
 
10.
Shared Dispositive Power
1,763,295**
 
 
11.
Aggregate Amount Beneficially Owned by Each Reporting Person
1,970,423
 
 
12.
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o
 
 
13.
Percent of Class Represented by Amount in Row (11)
7.4%
 
 
14.
Type of Reporting Person (See Instructions)
IN
 
___________________________
 
* See Note 6 on Appendix A.
** Consists of shares owned by Sutter Hill Ventures, a California Limited Partnership.  See Appendix A.

 
 

 

 
CUSIP No.   577097108
 
1.
Names of Reporting Persons
Stefan A. Dyckerhoff
 
 
2.
Check the Appropriate Box if a Member of a Group (See Instructions)
 
   
(a)
 o
   
(b)
 x
 
 
3.
 
SEC Use Only
 
 
4.
Source of Funds (See Instructions)
PF
 
 
5.
Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o
 
 
6.
Citizenship or Place of Organization
German citizen (U.S. permanent resident)
 
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
7.
Sole Voting Power
26,368*
 
8.
Shared Voting Power
1,763,295**
 
9.
Sole Dispositive Power
26,368*
 
10.
Shared Dispositive Power
1,763,295**
 
 
11.
Aggregate Amount Beneficially Owned by Each Reporting Person
1,789,663
 
 
12.
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o
 
 
13.
Percent of Class Represented by Amount in Row (11)
6.8%
 
 
14.
Type of Reporting Person (See Instructions)
IN
 
___________________________
 
* See Note 7 on Appendix A.
** Consists of shares owned by Sutter Hill Ventures, a California Limited Partnership.  See Appendix A.
 

 
 

 

 
CUSIP No.   577097108
 
1.
Names of Reporting Persons
Samuel J. Pullara III
 
 
2.
Check the Appropriate Box if a Member of a Group (See Instructions)
 
   
(a)
 o
   
(b)
 x
 
 
3.
 
SEC Use Only
 
 
4.
Source of Funds (See Instructions)
PF
 
 
5.
Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)     o
 
 
6.
Citizenship or Place of Organization
United States
 
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With
7.
Sole Voting Power
26,368*
 
8.
Shared Voting Power
1,763,295**
 
9.
Sole Dispositive Power
26,368*
 
10.
Shared Dispositive Power
1,763,295**
 
 
11.
Aggregate Amount Beneficially Owned by Each Reporting Person
1,789,663
 
 
12.
Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)   o
 
 
13.
Percent of Class Represented by Amount in Row (11)
6.8%
 
 
14.
Type of Reporting Person (See Instructions)
IN
 
___________________________
 
* See Note 8 on Appendix A.
** Consists of shares owned by Sutter Hill Ventures, a California Limited Partnership.  See Appendix A.
 

 
 

 

Introductory Note:
 
This Amendment No. 5 to Schedule 13D (“Amendment No. 5”) is being filed as an amendment to the initial statement on Schedule 13D relating to the Common Stock, $0.01 par value per share, of Mattersight Corporation (formerly known as eLoyalty Corporation), a Delaware corporation (the “Issuer”), as filed with the Securities and Exchange Commission (the “SEC”) on September 12, 2008 and amended on December 1, 2011, September 4, 2012, December 6, 2013 and November 12, 2015 (as amended, the “Original Schedule 13D”).  This Amendment No. 5 is being filed to report the distribution in kind by SHV of an aggregate of 319,847 shares of the Issuer’s Common Stock and 96,261 shares of the Issuer’s Series B Preferred Stock to the managing directors of the General Partner of SHV.
 
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 amended and supplemented as follows and, except as expressly amended below, the Original Schedule 13D remains in full force and effect.
 
 
Item 5.    Interest in Securities of the Issuer
 
Item 5 of the Original Schedule 13D is hereby amended and restated in its entirety as follows:
 
(a) — (b)  The responses to Items 7 — 13 of the cover pages of the Schedule are incorporated herein by reference. Also see the notes to Appendix A.
 
(c)  On November 19, 2015, in accordance with the terms of its limited partnership agreement, SHV distributed in kind, on a pro rata basis and for no additional consideration, an aggregate of 319,847 shares of the Issuer’s Common Stock and 96,261 shares of the Issuer’s Series B Preferred Stock to the managing directors of its General Partner, including the following Reporting Persons, who are also members of the management committee of the General Partner:
 
 
Name of Reporting Person
   Shares of Common Stock
 Received in Distribution
 
Shares of Common Stock
 Received in Distribution
Tench Coxe   19,011     5,722
James N. White   43,572    13,114
Jeffrey W. Bird   49,759    14,976
Michael L. Speiser   151,092   45,473
Stefan A. Dyckerhoff   17,333  
5,217
Samuel J. Pullara III   17,333  
5,217
 
Except as set forth above, none of the Reporting Persons have effected any transactions involving the Common Stock or Series B Preferred Stock since the date of the Reporting Persons’ filing of Amendment No. 4 to the Schedule 13D with the SEC on November 12, 2015.
 
(d)  None of the Reporting Persons know of any other person having the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the shares beneficially owned by such Reporting Person.
 
(e)  Not applicable.
 

 
 

 

Signature
 
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.
 
 
November 23, 2015
 
SUTTER HILL VENTURES, A CALIFORNIA LIMITED PARTNERSHIP
Date
   
     
   
By:
/s/ Robert Yin
   
Robert Yin, Attorney-in-Fact for Tench Coxe, Managing Director of the General Partner
     
     
   
By:
/s/ Robert Yin
   
Robert Yin, Attorney-in-Fact for Tench Coxe
     
     
   
By:
/s/ Robert Yin
   
Robert Yin, Attorney-in-Fact for James N. White
     
     
   
By:
/s/ Robert Yin
   
Robert Yin, Attorney-in-Fact for Jeffrey W. Bird
 
     
   
By:
/s/ Robert Yin
   
Robert Yin, Attorney-in-Fact for Michael L. Speiser
     
     
   
By:
/s/ Robert Yin
   
Robert Yin, Attorney-in-Fact for Stefan A. Dyckerhoff
     
     
   
By:
/s/ Robert Yin
   
Robert Yin, Attorney-in-Fact for Samuel J. Pullara III
 

ATTENTION
     
Intentional misstatements or omissions of fact constitute Federal Criminal Violations (See 18 U.S.C. 1001).
 
 

 
 

 

 
APPENDIX A TO SCHEDULE 13D - MATTERSIGHT CORPORATION
 
   
Aggregate Number of
         
   
Shares Beneficially Owned
     
% of
 
Name of Reporting Person
 
Individual
     
Aggregate
     
Total Shares
 
 
Sutter Hill Ventures, a California Limited Partnership
 
1,763,295
 
Note 1
         
6.7
%
                       
Tench Coxe
 
2,146,125
 
Note 3
         
8.2
%
           
3,909,420
 
Note 2
 
14.6
%
                       
James N. White
 
250,396
 
Note 4
         
1.0
%
           
2,013,691
 
Note 2
 
7.6
%
                       
Jeffrey W. Bird
 
211,031
 
Note 5
         
0.8
%
           
1,974,326
 
Note 2
 
7.5
%
                       
Michael L. Speiser
 
207,128
 
Note 6
         
0.8
%
           
1,970,423
 
Note 2
 
7.4
%
                       
Stefan A. Dyckerhoff
 
26,368
 
Note 7
         
0.1
%
           
1,789,663
 
Note 2
 
6.8
%
                       
Samuel J. Pullara III
 
26,368
 
Note 8
         
0.1
%
           
1,789,663
 
Note 2
 
6.8
%
___________________________

Note 1: Includes 639,253 shares of Series B Preferred Stock that are currently convertible on a one-for-one basis into shares of Common Stock.
 
Note 2:  Includes individual shares plus all shares held by Sutter Hill Ventures, a California Limited Partnership (“SHV”).  The individual is a managing director and member of the management committee of the General Partner of SHV.
 
Note 3:  Includes 615,148 shares (of which 202,977 shares are Series B Preferred Stock that are currently convertible on a one-for-one basis into shares of Common Stock) held in The Coxe Revocable Trust of which the reporting person is a trustee, 73,411 shares held by a retirement trust for the benefit of the reporting person, 1,283,497 shares held by Rooster Partners, L.P. of which the reporting person is a trustee of a trust which is the General Partner, 115,575 shares subject to director’s options which will be vested and exercisable within 60 days of November 23, 2015, 53,600 shares that were acquired upon the exercise of director’s options and held in the reporting person’s individual name and 4,894 shares which were received in lieu of Board of Directors fee payments. The reporting person shares pecuniary interest in the director’s options and compensation shares with other individuals pursuant to a contractual relationship.
 
Note 4: Includes 234,208 shares (of which 62,093 shares are Series B Preferred Stock that are currently convertible on a one-for-one basis into shares of Common Stock) held in The White Revocable Trust of which the reporting person is a trustee, 10,188 shares held by a retirement trust for the benefit of the reporting person and 6,000 shares held in a Roth IRA account for the benefit of the reporting person.
 
Note 5: Includes 118,663 shares (of which 46,823 shares are Series B Preferred Stock that are currently convertible on a one-for-one basis into shares of Common Stock) held in the Jeffrey W. and Christina R. Bird Trust of which the reporting person is a trustee and 92,368 shares held by NestEgg Holdings, LP of which the reporting person is a trustee of a trust which is the General Partner.
 
 
 
 

 
 
 
Note 6:  Includes 207,128 shares (of which 47,327 shares are Series B Preferred Stock that are currently convertible on a one-for-one basis into shares of Common Stock)  held in the Speiser Trust of which the reporting person is a trustee.
 
Note 7: Includes 26,368 shares (of which 5,217 shares are Series B Preferred Stock that are currently convertible on a one-for-one basis into shares of Common Stock) held in the Dyckerhoff 2001 Revocable Trust Dated August 30, 2001 of which the reporting person is a trustee.
 
Note 8: Includes 26,368 shares (of which 5,217 shares are Series B Preferred Stock that are currently convertible on a one-for-one basis into shares of Common Stock) held in The Pullara Revocable Trust U/A/D 8/21/13 of which the reporting person is a trustee.