0001104659-15-011073.txt : 20150218 0001104659-15-011073.hdr.sgml : 20150216 20150217131241 ACCESSION NUMBER: 0001104659-15-011073 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20150217 DATE AS OF CHANGE: 20150217 GROUP MEMBERS: JONATHAN FEIBER GROUP MEMBERS: NANCY SCHOENDORF GROUP MEMBERS: SEVENTH MDV PARTNERS, L.L.C. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PROOFPOINT INC CENTRAL INDEX KEY: 0001212458 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374] IRS NUMBER: 510414846 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-87246 FILM NUMBER: 15620402 BUSINESS ADDRESS: STREET 1: 892 ROSS DRIVE CITY: SUNNYVALE STATE: CA ZIP: 94089 BUSINESS PHONE: 408-517-4710 MAIL ADDRESS: STREET 1: 892 ROSS DRIVE CITY: SUNNYVALE STATE: CA ZIP: 94089 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: MDV VII LP CENTRAL INDEX KEY: 0001129541 IRS NUMBER: 943378459 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 3000 SAND HILL ROAD, BLDG. 3, SUITE 290 CITY: MENLO PARK STATE: CA ZIP: 94025 BUSINESS PHONE: 650-854-7236 MAIL ADDRESS: STREET 1: 3000 SAND HILL ROAD, BLDG. 3, SUITE 290 CITY: MENLO PARK STATE: CA ZIP: 94025 SC 13G/A 1 a15-4650_1sc13ga.htm SC 13G/A

 

 

UNITED STATES

 

 

SECURITIES AND EXCHANGE COMMISSION

 

 

Washington, DC 20549

 

 

 

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934
(Amendment No. 2)*

 

Proofpoint, Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

743424103

(CUSIP Number)

December 31, 2014

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

o

Rule 13d-1(b)

o

Rule 13d-1(c)

x

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. 743424103

13G

 

 

 

1.

Names of Reporting Persons
MDV VII, L.P.

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

x(1)

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
Delaware, 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 if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11.

Percent of Class Represented by Amount in Row 9
0%

 

 

12.

Type of Reporting Person (See Instructions)
PN

 

(1)         This Schedule 13G is filed by MDV VII, L.P. (“MDV”), Seventh MDV Partners, L.L.C. (“Seventh”), Nancy Schoendorf, and Jonathan Feiber (collectively, the “Fund Entities”).  The Fund Entities expressly disclaim status as a “group” for purposes of this Schedule 13G.

 

2


 

CUSIP No. 743424103

13G

 

 

 

1.

Names of Reporting Persons
Seventh MDV Partners, L.L.C.

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

x(1)

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
Delaware, 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 if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11.

Percent of Class Represented by Amount in Row 9
0%

 

 

12.

Type of Reporting Person (See Instructions)
OO

 

(1)         This Schedule 13G is filed by MDV VII, L.P. (“MDV”), Seventh MDV Partners, L.L.C. (“Seventh”), Nancy Schoendorf, and Jonathan Feiber (collectively, the “Fund Entities”).  The Fund Entities expressly disclaim status as a “group” for purposes of this Schedule 13G.

 

3


 

CUSIP No. 743424103

13G

 

 

 

1.

Names of Reporting Persons
Nancy Schoendorf

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

x(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
1,705 Shares (2)

 

6.

Shared Voting Power
0 Shares

 

7.

Sole Dispositive Power
1,705 Shares (2)

 

8.

Shared Dispositive Power
0 Shares

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
1,705 Shares (2)

 

 

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11.

Percent of Class Represented by Amount in Row 9
0% (3)

 

 

12.

Type of Reporting Person (See Instructions)
IN

 

(1)         This Schedule 13G is filed by MDV VII, L.P. (“MDV”), Seventh MDV Partners, L.L.C. (“Seventh”), Nancy Schoendorf, and Jonathan Feiber (collectively, the “Fund Entities”).  The Fund Entities expressly disclaim status as a “group” for purposes of this Schedule 13G.

 

(2)         1,705 shares of common stock directly held by Nancy Schoendorf.

 

(3)         This percentage is calculated based on 38,134,381 shares of the Issuer’s stock outstanding (as of 10/31/14), as set forth in the Issuer’s most recent 10-Q, filed with the Securities and Exchange Commission on 11/06/14.

 

4


 

CUSIP No. 743424103

13G

 

 

 

1.

Names of Reporting Persons
Jonathan Feiber

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

x(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
35,465 Shares (2)

 

6.

Shared Voting Power
0 Shares

 

7.

Sole Dispositive Power
35,465 Shares (2)

 

8.

Shared Dispositive Power
0 Shares

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
35,465 Shares (2)

 

 

10.

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  o

 

 

11.

Percent of Class Represented by Amount in Row 9
0.1% (3)

 

 

12.

Type of Reporting Person (See Instructions)
IN

 

(1)         This Schedule 13G is filed by MDV VII, L.P. (“MDV”), Seventh MDV Partners, L.L.C. (“Seventh”), Nancy Schoendorf, and Jonathan Feiber (collectively, the “Fund Entities”).  The Fund Entities expressly disclaim status as a “group” for purposes of this Schedule 13G.

 

(2)         Represents (a) 1,699 shares of common stock (held by the Feiber-Buhr Family Trust, of which Jonathan Feiber and his wife are the sole trustees), and (b) 33,766 shares of common stock issuable pursuant to fully vested options, which include (i) option to purchase 12,500 shares of common stock granted on 10/28/10, (ii) option to purchase 4,365 shares of common stock granted on 08/09/12, (iii) option to purchase 15,283 shares of common stock granted on 06/10/13, and (iv) option to purchase 1,618 shares of common stock granted on 06/09/14.

 

(3)         This percentage is calculated based on 38,134,381 shares of the Issuer’s stock outstanding (as of 10/31/14), as set forth in the Issuer’s most recent 10-Q, filed with the Securities and Exchange Commission on 11/06/14.

 

5


 

Introductory Note:  This Statement on Schedule 13G is filed on behalf of 1) MDV VII, L.P. (“MDV”), a limited partnership organized under the laws of the State of Delaware; 2) Seventh MDV Partners, L.L.C. (“Seventh”), a limited liability company organized under the laws of the State of Delaware and the General Partner of MDV; 3) Nancy Schoendorf, a managing member of Seventh; and 4) Jonathan Feiber, a director of the Issuer and a managing member of Seventh; in respect of shares of Common Stock of Proofpoint, Inc.

 

Item 1(a).

 

Name of Issuer:
Proofpoint, Inc.

Item 1(b).

 

Address of Issuer’s Principal Executive Offices:
892 Ross Drive, Sunnyvale, CA 94089

 

Item 2(a).

 

Name of Person Filing:
MDV VII, L.P.

Seventh MDV Partners, L.L.C.

Nancy Schoendorf

Jonathan Feiber

Item 2(b).

 

Address of Principal Business Office or, if none, Residence:
3000 Sand Hill Road, Bldg. 3, Suite 290, Menlo Park, CA 94025

Item 2(c).

 

Citizenship:
All entities were organized in Delaware.  The individuals are all United States citizens.

Item 2(d).

 

Title of Class of Securities:
Common Stock

Item 2(e).

 

CUSIP Number:
743424103

 

Item 3.

If this statement is filed pursuant to §§240.13d-1(b), or 240.13d-2(b) or (c), check whether the person filing is a:

 

Not applicable.

 

6


 

Item 4.

Ownership

 

Fund Entities

 

Shares Held
Directly

 

Sole
Voting
Power

 

Shared
Voting
Power

 

Sole
Dispositive
Power

 

Shared
Dispositive
Power

 

Beneficial
Ownership

 

Percentage
of Class (2)

 

MDV VII, L.P. (1)

 

0

 

0

 

0

 

0

 

0

 

0

 

0.0

%

Seventh MDV Partners, L.L.C. (1)

 

0

 

0

 

0

 

0

 

0

 

0

 

0.0

%

Nancy Schoendorf (1)

 

1,705

 

1,705

 

0

 

1,705

 

0

 

1,705

 

0.0

%

Jonathan Feiber (1)

 

35,465

 

35,465

 

0

 

35,465

 

0

 

35,465

 

0.1

%

 

(1) Seventh MDV Partners, L.L.C. serves as the general partner of MDV VII, L.P.  Nancy Schoendorf and Jonathan Feiber serve as managing members of Seventh MDV Partners, L.L.C.  Jonathan Feiber is a director of the Issuer.

 

Item 5.

Ownership of 5 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 5 percent of the class of securities, check the following   x.

 

Item 6.

Ownership of More than 5 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 or Control Person.

Not applicable.

 

Item 8.

Identification and Classification of Members of the Group

Not applicable.

 

Item 9.

Notice of Dissolution of a Group

Not applicable.

 

7


 

Item 10.

Certification

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.

 

Dated:  February 13, 2015

 

 

MDV VII, L.P.

SEVENTH MDV PARTNERS, L.L.C.

 

 

 

By:

Seventh MDV Partners, L.L.C.,

By:

/s/ Jonathan Feiber

 

its General Partner

 

Name: Jonathan Feiber

 

 

 

Title: Managing Member

By:

/s/ Jonathan Feiber

 

 

 

 

Name: Jonathan Feiber

 

 

 

Title: Managing Member

 

 

 

 

 

 

 

 

 

 

 

 

/s/ Jonathan Feiber

 

 

/s/ Nancy Schoendorf

 

Jonathan Feiber

 

 

Nancy Schoendorf

 

EXHIBITS

 

A:            Joint Filing Agreement

 

8


 

EXHIBIT A

 

JOINT FILING AGREEMENT

 

We, the undersigned, hereby express our agreement that the attached Schedule 13G (or any amendments thereto) relating to the Common Stock of Proofpoint, Inc. is filed on behalf of each of us.

 

 

Dated:  February 13, 2015

 

 

MDV VII, L.P.

SEVENTH MDV PARTNERS, L.L.C.

 

 

 

By:

Seventh MDV Partners, L.L.C.,

 

By:

/s/ Jonathan Feiber

 

its General Partner

 

 

Name: Jonathan Feiber

 

 

 

 

Title: Managing Member

By:

/s/ Jonathan Feiber

 

 

 

 

Name: Jonathan Feiber

 

 

 

 

Title: Managing Member

 

 

 

 

 

 

 

 

 

 

 

 

 

 

/s/ Jonathan Feiber

 

 

/s/ Nancy Schoendorf

 

Jonathan Feiber

 

 

Nancy Schoendorf

 

9