0000950005-05-000120.txt : 20120725 0000950005-05-000120.hdr.sgml : 20120725 20050208171333 ACCESSION NUMBER: 0000950005-05-000120 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20050208 DATE AS OF CHANGE: 20050208 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CUTERA INC CENTRAL INDEX KEY: 0001162461 STANDARD INDUSTRIAL CLASSIFICATION: ELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS [3845] IRS NUMBER: 770492262 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-80034 FILM NUMBER: 05584847 BUSINESS ADDRESS: STREET 1: 3240 BAYSHORE BOULEVARD CITY: BRISBANE STATE: CA ZIP: 94005 BUSINESS PHONE: 94005 MAIL ADDRESS: STREET 1: 3240 BAYSHORE BOULEVARD CITY: BRISBANE STATE: CA ZIP: 94005 FORMER COMPANY: FORMER CONFORMED NAME: ALTUS MEDICAL INC DATE OF NAME CHANGE: 20011119 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ALTA PARTNERS CENTRAL INDEX KEY: 0001060013 IRS NUMBER: 943238854 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: ONE EMBARCADERO CENTER STREET 2: STE 4050 CITY: SAN FRANCISCO STATE: CA ZIP: 94111 BUSINESS PHONE: 4153624022 MAIL ADDRESS: STREET 1: ONE EMBARCADERO CENTER STREET 2: STE 4050 CITY: SAN FRANCISCO STATE: CA ZIP: 94111 SC 13G 1 p19124_13g.txt FORM SC 13G United States Securities and Exchange Commission WASHINGTON, D.C. 20549 Schedule 13G (Amendment No. __)* UNDER THE SECURITIES EXCHANGE ACT OF 1934 CUTERA, INC. ------------------------------------------------------ (Name of Issuer) Common Stock ------------------------------------------------------ (Title of Class of Securities) 232109108 ------------------------------------------------------ (CUSIP Number) December 31, 2004 ------------------------------------------------------ (Date of Event That Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: |_| Rule 13d-1(b) |X| 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 the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
CUSIP No. 232109108 Page 2 of 16 Pages ------------------------------------------------------------------------------------------------------------------- (1) Names of Reporting Persons. SS or I.R.S. Identification Nos. of Above Persons Alta Partners ------------------------------------------------------------------------------------------------------------------- (2) Check The Appropriate Box If A Member Of A Group (a) (b) X ------------------------------------------------------------------------------------------------------------------- (3) SEC Use Only ------------------------------------------------------------------------------------------------------------------- (4) Citizenship or Place of Organization California ------------------------------------------------------------------------------------------------------------------- Please see Attachment A Number Of Shares (5) Sole Voting Power -0- Beneficially Owned By Each Reporting -------------------------------------------------------------- Person With (6) Shared Voting Power 1,000,000 Please see Attachment A -------------------------------------------------------------- (7) Sole Dispositive Power -0- -------------------------------------------------------------- (8) Shared Dispositive Power 1,000,000 Please see Attachment A ------------------------------------------------------------------------------------------------------------------- (9) Aggregate Amount Beneficially Owned By Each Reporting Person 1,000,000 Please see Attachment A ------------------------------------------------------------------------------------------------------------------- (10) Check If The Aggregate Amount In Row (11) Excludes Certain Shares* ------------------------------------------------------------------------------------------------------------------- (11) Percent Of Class Represented By Amount In Row (11) 9.13% Please see Attachment A ------------------------------------------------------------------------------------------------------------------- (12) Type Of Reporting Person IA ------------------------------------------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT!
CUSIP No. 232109108 Page 3 of 16 Pages ------------------------------------------------------------------------------------------------------------------- (1) Names of Reporting Persons. SS or I.R.S. Identification Nos. of Above Persons Alta California Partners II, L. P. ------------------------------------------------------------------------------------------------------------------- (2) Check The Appropriate Box If A Member Of A Group (a) (b) X ------------------------------------------------------------------------------------------------------------------- (3) SEC Use Only ------------------------------------------------------------------------------------------------------------------- (4) Citizenship or Place of Organization Delaware ------------------------------------------------------------------------------------------------------------------- Please see Attachment A Number Of Shares (5) Sole Voting Power -0- Beneficially Owned By Each Reporting -------------------------------------------------------------- Person With (6) Shared Voting Power 1,000,000 Please see Attachment A -------------------------------------------------------------- (7) Sole Dispositive Power -0- -------------------------------------------------------------- (8) Shared Dispositive Power 1,000,000 Please see Attachment A ------------------------------------------------------------------------------------------------------------------- (9) Aggregate Amount Beneficially Owned By Each Reporting Person 1,000,000 Please see Attachment A ------------------------------------------------------------------------------------------------------------------- (10) Check If The Aggregate Amount In Row (11) Excludes Certain Shares* ------------------------------------------------------------------------------------------------------------------- (11) Percent Of Class Represented By Amount In Row (11) 9.13% Please see Attachment A ------------------------------------------------------------------------------------------------------------------- (12) Type Of Reporting Person PN -------------------------------------------------------------------------------------------------------------------
CUSIP No. 232109108 Page 4 of 16 Pages ------------------------------------------------------------------------------------------------------------------- (1) Names of Reporting Persons. SS or I.R.S. Identification Nos. of Above Persons Alta California Management Partners II, LLC ------------------------------------------------------------------------------------------------------------------- (2) Check The Appropriate Box If A Member Of A Group (a) (b) X ------------------------------------------------------------------------------------------------------------------- (3) SEC Use Only ------------------------------------------------------------------------------------------------------------------- (4) Citizenship or Place of Organization Delaware ------------------------------------------------------------------------------------------------------------------- Please see Attachment A Number Of Shares (5) Sole Voting Power -0- Beneficially Owned By Each Reporting -------------------------------------------------------------- Person With (6) Shared Voting Power 1,000,000 Please see Attachment A -------------------------------------------------------------- (7) Sole Dispositive Power -0- -------------------------------------------------------------- (8) Shared Dispositive Power 1,000,000 Please see Attachment A ------------------------------------------------------------------------------------------------------------------- (9) Aggregate Amount Beneficially Owned By Each Reporting Person 1,000,000 Please see Attachment A ------------------------------------------------------------------------------------------------------------------- (10) Check If The Aggregate Amount In Row (11) Excludes Certain Shares* ------------------------------------------------------------------------------------------------------------------- (11) Percent Of Class Represented By Amount In Row (11) 9.13% Please see Attachment A ------------------------------------------------------------------------------------------------------------------- (12) Type Of Reporting Person CO -------------------------------------------------------------------------------------------------------------------
CUSIP No. 232109108 Page 5 of 16 Pages ------------------------------------------------------------------------------------------------------------------- (1) Names of Reporting Persons. SS or I.R.S. Identification Nos. of Above Persons Alta Embarcadero Partners II, LLC ------------------------------------------------------------------------------------------------------------------- (2) Check The Appropriate Box If A Member Of A Group (a) (b) X ------------------------------------------------------------------------------------------------------------------- (3) SEC Use Only ------------------------------------------------------------------------------------------------------------------- (4) Citizenship or Place of Organization California ------------------------------------------------------------------------------------------------------------------- Please see Attachment A Number Of Shares (5) Sole Voting Power -0- Beneficially Owned By Each Reporting -------------------------------------------------------------- Person With (6) Shared Voting Power 1,000,000 Please see Attachment A -------------------------------------------------------------- (7) Sole Dispositive Power -0- -------------------------------------------------------------- (8) Shared Dispositive Power 1,000,000 Please see Attachment A ------------------------------------------------------------------------------------------------------------------- (9) Aggregate Amount Beneficially Owned By Each Reporting Person 1,000,000 Please see Attachment A ------------------------------------------------------------------------------------------------------------------- (10) Check If The Aggregate Amount In Row (11) Excludes Certain Shares* ------------------------------------------------------------------------------------------------------------------- (11) Percent Of Class Represented By Amount In Row (11) 9.13% Please see Attachment A ------------------------------------------------------------------------------------------------------------------- (12) Type Of Reporting Person CO -------------------------------------------------------------------------------------------------------------------
CUSIP No. 232109108 Page 6 of 16 Pages ------------------------------------------------------------------------------------------------------------------- (1) Names of Reporting Persons. SS or I.R.S. Identification Nos. of Above Persons Guy Nohra ------------------------------------------------------------------------------------------------------------------- (2) Check The Appropriate Box If A Member Of A Group (a) (b) X ------------------------------------------------------------------------------------------------------------------- (3) SEC Use Only ------------------------------------------------------------------------------------------------------------------- (4) Citizenship or Place of Organization United States ------------------------------------------------------------------------------------------------------------------- Please see Attachment A Number Of Shares (5) Sole Voting Power 30,000 Beneficially Owned By Each Reporting -------------------------------------------------------------- Person With (6) Shared Voting Power 1,000,000 Please see Attachment A & Footnote 1 -------------------------------------------------------------- (7) Sole Dispositive Power 30,000 -------------------------------------------------------------- (8) Shared Dispositive Power 1,000,000 Please see Attachment A & Footnote 1 ------------------------------------------------------------------------------------------------------------------- (9) Aggregate Amount Beneficially Owned By Each Reporting Person 1,030,000 Please see Attachment A & Footnote 1 ------------------------------------------------------------------------------------------------------------------- (10) Check If The Aggregate Amount In Row (11) Excludes Certain Shares* ------------------------------------------------------------------------------------------------------------------- (11) Percent Of Class Represented By Amount In Row (11) 9.40% Please see Attachment A & Footnote 1 ------------------------------------------------------------------------------------------------------------------- (12) Type Of Reporting Person IN ------------------------------------------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT! Footnote 1: Includes 987,524 shares beneficially owned by Alta California Partners II, L.P., 12,476 shares owned by Alta Embarcadero Partners II, LLC, and Stock Options for 30,000 shares of Common Stock held by Guy Nohra. Please see Attachment A.
CUSIP No. 232109108 Page 7 of 16 Pages ------------------------------------------------------------------------------------------------------------------- (1) Names of Reporting Persons. SS or I.R.S. Identification Nos. of Above Persons Jean Deleage ------------------------------------------------------------------------------------------------------------------- (2) Check The Appropriate Box If A Member Of A Group (a) (b) X ------------------------------------------------------------------------------------------------------------------- (3) SEC Use Only ------------------------------------------------------------------------------------------------------------------- (4) Citizenship or Place of Organization United States ------------------------------------------------------------------------------------------------------------------- Please see Attachment A Number Of Shares (5) Sole Voting Power -0- Beneficially Owned By Each Reporting -------------------------------------------------------------- Person With (6) Shared Voting Power 1,000,000 Please see Attachment A -------------------------------------------------------------- (7) Sole Dispositive Power -0- -------------------------------------------------------------- (8) Shared Dispositive Power 1,000,000 Please see Attachment A ------------------------------------------------------------------------------------------------------------------- (9) Aggregate Amount Beneficially Owned By Each Reporting Person 1,000,000 Please see Attachment A ------------------------------------------------------------------------------------------------------------------- (10) Check If The Aggregate Amount In Row (11) Excludes Certain Shares* ------------------------------------------------------------------------------------------------------------------- (11) Percent Of Class Represented By Amount In Row (11) 9.13% Please see Attachment A ------------------------------------------------------------------------------------------------------------------- (12) Type Of Reporting Person IN ------------------------------------------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT!
CUSIP No. 232109108 Page 8 of 16 Pages ------------------------------------------------------------------------------------------------------------------- (1) Names of Reporting Persons. SS or I.R.S. Identification Nos. of Above Persons Garrett Gruener ------------------------------------------------------------------------------------------------------------------- (2) Check The Appropriate Box If A Member Of A Group (a) (b) X ------------------------------------------------------------------------------------------------------------------- (3) SEC Use Only ------------------------------------------------------------------------------------------------------------------- (4) Citizenship or Place of Organization United States ------------------------------------------------------------------------------------------------------------------- Please see Attachment A Number Of Shares (5) Sole Voting Power -0- Beneficially Owned By Each Reporting -------------------------------------------------------------- Person With (6) Shared Voting Power 1,000,000 Please see Attachment A -------------------------------------------------------------- (7) Sole Dispositive Power -0- -------------------------------------------------------------- (8) Shared Dispositive Power 1,000,000 Please see Attachment A ------------------------------------------------------------------------------------------------------------------- (9) Aggregate Amount Beneficially Owned By Each Reporting Person 1,000,000 Please see Attachment A ------------------------------------------------------------------------------------------------------------------- (10) Check If The Aggregate Amount In Row (11) Excludes Certain Shares* ------------------------------------------------------------------------------------------------------------------- (11) Percent Of Class Represented By Amount In Row (11) 9.13% Please see Attachment A ------------------------------------------------------------------------------------------------------------------- (12) Type Of Reporting Person IN ------------------------------------------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT!
CUSIP No. 232109108 Page 9 of 16 Pages ------------------------------------------------------------------------------------------------------------------- (1) Names of Reporting Persons. SS or I.R.S. Identification Nos. of Above Persons Daniel Janney ------------------------------------------------------------------------------------------------------------------- (2) Check The Appropriate Box If A Member Of A Group (a) (b) X ------------------------------------------------------------------------------------------------------------------- (3) SEC Use Only ------------------------------------------------------------------------------------------------------------------- (4) Citizenship or Place of Organization United States ------------------------------------------------------------------------------------------------------------------- Please see Attachment A Number Of Shares (5) Sole Voting Power -0- Beneficially Owned By Each Reporting -------------------------------------------------------------- Person With (6) Shared Voting Power 987,524 Please see Attachment A -------------------------------------------------------------- (7) Sole Dispositive Power -0- -------------------------------------------------------------- (8) Shared Dispositive Power 987,524 Please see Attachment A ------------------------------------------------------------------------------------------------------------------- (9) Aggregate Amount Beneficially Owned By Each Reporting Person 987,524 Please see Attachment A ------------------------------------------------------------------------------------------------------------------- (10) Check If The Aggregate Amount In Row (11) Excludes Certain Shares* ------------------------------------------------------------------------------------------------------------------- (11) Percent Of Class Represented By Amount In Row (11) 9.01% Please see Attachment A ------------------------------------------------------------------------------------------------------------------- (12) Type Of Reporting Person IN ------------------------------------------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT!
CUSIP No. 232109108 Page 10 of 16 Pages ------------------------------------------------------------------------------------------------------------------- (1) Names of Reporting Persons. SS or I.R.S. Identification Nos. of Above Persons Alix Marduel ------------------------------------------------------------------------------------------------------------------- (2) Check The Appropriate Box If A Member Of A Group (a) (b) X ------------------------------------------------------------------------------------------------------------------- (3) SEC Use Only ------------------------------------------------------------------------------------------------------------------- (4) Citizenship or Place of Organization United States ------------------------------------------------------------------------------------------------------------------- Please see Attachment A Number Of Shares (5) Sole Voting Power -0- Beneficially Owned By Each Reporting -------------------------------------------------------------- Person With (6) Shared Voting Power 987,524 Please see Attachment A -------------------------------------------------------------- (7) Sole Dispositive Power -0- -------------------------------------------------------------- (8) Shared Dispositive Power 987,524 Please see Attachment A ------------------------------------------------------------------------------------------------------------------- (9) Aggregate Amount Beneficially Owned By Each Reporting Person 987,524 Please see Attachment A ------------------------------------------------------------------------------------------------------------------- (10) Check If The Aggregate Amount In Row (11) Excludes Certain Shares* ------------------------------------------------------------------------------------------------------------------- (11) Percent Of Class Represented By Amount In Row (11) 9.01% Please see Attachment A ------------------------------------------------------------------------------------------------------------------- (12) Type Of Reporting Person IN ------------------------------------------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT!
Item 1. (a) Name of Issuer: Cutera, Inc. ("Issuer") (b) Address of Issuer's Principal Executive Offices: 3240 Bayshore Blvd. Burlingame, CA 94005 Item 2. (a) Name of Person Filing: Alta Partners ("AP") Alta California Partners II, L.P. ("ACPII") Alta California Management Partners II, LLC ("ACMPII") Alta Embarcadero Partners II, LLC ("AEPII") Jean Deleage ("JD") Garrett Gruener ("GG") Daniel Janney ("DJ") Alix Marduel ("AM") Guy Nohra ("GN") (b) Address of Principal Business Office: One Embarcadero Center, Suite 4050 San Francisco, CA 94111 (c) Citizenship/Place of Organization: Entities: AP California ACPII Delaware ACMPII Delaware AEPII California Individuals: JD United States GG United States DJ United States AM United States GN United States (d) Title of Class of Securities: Common Stock (e) CUSIP Number: 232109108 Item 3. Not applicable. Item 4 Ownership. Please see Attachment A
------- ------------------ ----------- ----------- ------------ ----------- ------------- AP ACPII ACMPII AEPII GN ------- ------------------ ----------- ----------- ------------ ----------- ------------- (a) Beneficial 1,000,000 1,000,000 1,000,000 1,000,000 1,030,000 Ownership ------- ------------------ ----------- ----------- ------------ ----------- ------------- (b) Percentage of 9.13% 9.13% 9.13% 9.13% 9.40% Class ------- ------------------ ----------- ----------- ------------ ----------- ------------- (c) Sole Voting Power -0- -0- -0- -0- 30,000 ------- ------------------ ----------- ----------- ------------ ----------- ------------- Shared Voting 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 Power ------- ------------------ ----------- ----------- ------------ ----------- ------------- Sole Dispositive -0- -0- -0- -0- 30,000 Power ------- ------------------ ----------- ----------- ------------ ----------- ------------- Shared 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 Dispositive Power ------- ------------------ ----------- ----------- ------------ ----------- ------------- JD GG DJ AM ------- ------------------ ----------- ----------- ------------ ----------- ------------- (a) Beneficial 1,000,000 1,000,000 987,524 987,524 Ownership ------- ------------------ ----------- ----------- ------------ ----------- ------------- (b) Percentage of 9.13% 9.13% 9.01% 9.01% Class ------- ------------------ ----------- ----------- ------------ ----------- ------------- (c) Sole Voting Power -0- -0- -0- -0- ------- ------------------ ----------- ----------- ------------ ----------- ------------- Shared Voting 1,000,000 1,000,000 987,524 987,524 Power ------- ------------------ ----------- ----------- ------------ ----------- ------------- Sole Dispositive -0- -0- -0- -0- Power ------- ------------------ ----------- ----------- ------------ ----------- ------------- Shared 1,000,000 1,000,000 987,524 987,524 Dispositive Power ------- ------------------ ----------- ----------- ------------ ----------- -------------
Item 5. Ownership of Five Percent or Less of a Class Not Applicable. 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 No reporting person is a member of a group as defined in Section 240.13d-1(b)(1)(ii)(H) of the Act. Item 9. Notice of Dissolution of Group Not applicable. Item 10. Certification By signing below we certify that, to the best of our knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. EXHIBITS A: Joint Filing Statement 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. Date: February 3, 2005
ALTA PARTNERS ALTA CALIFORNIA PARTNERS II, L.P. By: Alta California Management Partners II, LLC, Its General Partner By: /s/ Jean Deleage By: /s/ Guy Nohra . ----------------------------------------- ----------------------------------------------- Jean Deleage, President Guy Nohra, Member ALTA CALIFORNIA MANAGEMENT PARTNERS II, LLC ALTA EMBARCADERO PARTNERS II, LLC By: /s/ Guy Nohra By: /s/ Guy Nohra ----------------------------------------- ----------------------------------------------- Guy Nohra, Member Guy Nohra, Member /s/ Jean Deleage /s/ Guy Nohra -------------------------------------------- ----------------------------------------------- Jean Deleage Guy Nohra /s/ Garrett Gruener /s/ Alix Marduel -------------------------------------------- ----------------------------------------------- Garrett Gruener Alix Marduel /s/ Daniel Janney -------------------------------------------- Daniel Janney
EXHIBIT A AGREEMENT OF JOINT FILING Date: February 3, 2005 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.
ALTA PARTNERS ALTA CALIFORNIA PARTNERS II, L.P. By: Alta California Management Partners II, LLC, Its General Partner By: /s/ Jean Deleage By: /s/ Guy Nohra . ----------------------------------------- ----------------------------------------------- Jean Deleage, President Guy Nohra, Member ALTA CALIFORNIA MANAGEMENT PARTNERS II, LLC ALTA EMBARCADERO PARTNERS II, LLC By: /s/ Guy Nohra By: /s/ Guy Nohra ----------------------------------------- -------------------------------------------- Guy Nohra, Member Guy Nohra, Member /s/ Jean Deleage /s/ Guy Nohra -------------------------------------------- ----------------------------------------------- Jean Deleage Guy Nohra /s/ Garrett Gruener /s/ Alix Marduel -------------------------------------------- ----------------------------------------------- Garrett Gruener Alix Marduel /s/ Daniel Janney -------------------------------------------- Daniel Janney
Attachment A Alta Partners provides investment advisory services to several venture capital funds including Alta California Partners II, L.P. and Alta Embarcadero Partners II, LLC. Alta California Partners II, L.P. beneficially owns 987,524 shares of Common Stock and Alta Embarcadero Partners II, LLC beneficially owns 12,476 shares of Common Stock. The respective general partners and members of Alta California Partners II, L.P. and Alta Embarcadero Partners II, LLC exercise sole voting and investment power in respect to the shares owned by such funds. Certain principals of Alta Partners are members of Alta California Management Partners II, LLC (which is a general partner of Alta California Partners II, L.P.) and members of Alta Embarcadero Partners II, LLC. As members of such entities, they may be deemed to share voting and investment powers over the shares held by such funds. The principals of Alta Partners disclaim beneficial ownership of all such shares held by the foregoing funds, except to the extent of their proportionate pecuniary interests therein. Mr. Guy Nohra, Director, is a member of Alta California Management Partners II, LLC (which is the general partner of Alta California Partners II, L.P.) and a member of Alta Embarcadero Partners II, LLC. Thus he currently shares voting and dispositive powers over the 987,524 shares of Common Stock beneficially owned by Alta California Partners II, L.P. and the 12,476 shares beneficially owned by Alta Embarcadero Partners II, LLC. He disclaims beneficial ownership of all such shares held by the foregoing funds except to the extent of his proportionate pecuniary interests therein. He holds Stock Options for 30,000 shares of Common Stock granted on 5/10/2004 that will vest one-third annually over a three year period and will expire on 5/10/2014. Mr. Jean Deleage is a member of Alta California Management Partners II, LLC (which is the general partner of Alta California Partners II, L.P.) and a member of Alta Embarcadero Partners II, LLC. Thus he currently shares voting and dispositive powers over the 987,524 shares of Common Stock beneficially owned by Alta California Partners II, L.P. and the 12,476 shares beneficially owned by Alta Embarcadero Partners II, LLC. He disclaims beneficial ownership of all such shares held by the foregoing funds except to the extent of his proportionate pecuniary interests therein. Mr. Garrett Gruener is a member of Alta California Management Partners II, LLC (which is the general partner of Alta California Partners II, L.P.) and a member of Alta Embarcadero Partners II, LLC. Thus he currently shares voting and dispositive powers over the 987,524 shares of Common Stock beneficially owned by Alta California Partners II, L.P. and the 12,476 shares beneficially owned by Alta Embarcadero Partners II, LLC. He disclaims beneficial ownership of all such shares held by the foregoing funds except to the extent of his proportionate pecuniary interests therein. Daniel Janney is a member of Alta California Management Partners II, LLC (which is the general partner of Alta California Partners II, L.P.). Thus he currently shares voting and dispositive powers over the 987,524 shares of Common Stock beneficially owned by Alta California Partners II, L.P. He disclaims beneficial ownership of all such shares held by the foregoing funds except to the extent of his proportionate pecuniary interests therein. Dr. Alix Marduel is a member of Alta California Management Partners II, LLC (which is the general partner of Alta California Partners II, L.P.). Thus she currently shares voting and dispositive powers over the 987,524 shares of Common Stock beneficially owned by Alta California Partners II, L.P. She disclaims beneficial ownership of all such shares held by the foregoing funds except to the extent of her proportionate pecuniary interests therein. Alta Partners is a venture capital firm with an office in San Francisco. Alta Partners is California Corporation. Alta California Partners II, L.P. is a Delaware Limited Partnership, and Alta Embarcadero Partners II, LLC is a California Limited Liability Company.