0000950005-12-000020.txt : 20121130 0000950005-12-000020.hdr.sgml : 20121130 20121129215339 ACCESSION NUMBER: 0000950005-12-000020 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20121130 DATE AS OF CHANGE: 20121129 GROUP MEMBERS: ALTA BIOPHARMA MANAGEMENT III, LLC GROUP MEMBERS: ALTA BIOPHARMA PARTNERS III GMBH & CO. BETEILIGUNGS KG GROUP MEMBERS: ALTA BIOPHARMA PARTNERS III, L.P. GROUP MEMBERS: ALTA EMBARCADERO BIOPHARMA PARTNERS III, LLC GROUP MEMBERS: EDWARD HURWITZ GROUP MEMBERS: EDWARD PENHOET GROUP MEMBERS: FARAH CHAMPSI SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Aegerion Pharmaceuticals, Inc. CENTRAL INDEX KEY: 0001338042 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] IRS NUMBER: 202960116 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-85739 FILM NUMBER: 121233066 BUSINESS ADDRESS: STREET 1: 101 MAIN STREET STREET 2: SUITE 1850 CITY: CAMBRIDGE STATE: MA ZIP: 02142 BUSINESS PHONE: (617) 500-7867 MAIL ADDRESS: STREET 1: 101 MAIN STREET STREET 2: SUITE 1850 CITY: CAMBRIDGE STATE: MA ZIP: 02142 FORMER COMPANY: FORMER CONFORMED NAME: Aegerion Pharmaceuticals Inc DATE OF NAME CHANGE: 20050906 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ALTA BIOPHARMA PARTNERS III LP CENTRAL INDEX KEY: 0001257444 IRS NUMBER: 050573803 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: ONE EMBARCADERO CENTER, SUITE 3700 CITY: SAN FRANCISCO STATE: CA ZIP: 94111 BUSINESS PHONE: 4153624022 MAIL ADDRESS: STREET 1: ONE EMBARCADERO CENTER, SUITE 3700 CITY: SAN FRANCISCO STATE: CA ZIP: 94111 SC 13D/A 1 f12e10018_13da2.htm SCHEDULE 13D/A #2 Sunesis - Comments to Alta 13D



SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549



SCHEDULE 13D

(Rule 13d-101)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2(a)

(Amendment #2)*


Aegerion Pharmaceuticals, Inc.

(Name of Issuer)

Common Stock, par value $0.001 per share

(Title of Class of Securities)


00767E102

(CUSIP Number)

Hilary Strain

Alta Partners

One Embarcadero Center, Suite 3700

San Francisco, CA 94111

(415) 362-4022

(Name, Address and Telephone Number of Person Authorized to

Receive Notices and Communications)

November 28, 2012

(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 Rule 13d-1(e), Rule 13d-1(f) or Rule 13d-1(g), check the following box. o


*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 # 00767E102

13D

Page 2 of 12 pages



  (1)

Names of Reporting Persons.  


Alta BioPharma Partners III, L.P.

  (2)

Check The Appropriate Box If A Member Of A Group

(a)

(b) X

 

  (3)

SEC Use Only

 

  (4)

Source Of Funds


WC

  (5)

Check Box 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

(7)

Sole Voting Power          1,727,991 (a)

Beneficially Owned

By Each Reporting

Person With

(8)

Shared Voting Power

     -0-

 


(9)

Sole Dispositive Power

1,727,991 (a)

 


(10)

Shared Dispositive Power    -0-


  (11)

Aggregate Amount Beneficially Owned By Each Reporting Person


1,727,991   (a)

  (12)

Check If The Aggregate Amount In Row (11) Excludes Certain Shares*


  (13)

Percent Of Class Represented By Amount In Row (11)


6.8%

  (b)

  (14)

Type Of Reporting Person


PN


(a)   Alta BioPharma Partners III, L.P. (“ABPIII”) has sole voting and dispositive control over these shares of common stock (“Common Stock”) of Aegerion Pharmaceuticals, Inc. (the “Issuer”), except that Alta BioPharma Management III, LLC (“ABMIII”), the general partner of ABPIII, and Farah Champsi (“Champsi”), Edward Hurwitz (“Hurwitz”), and Edward Penhoet (“Penhoet”), directors of ABMIII, may be deemed to share the right to direct the voting and dispositive control over such stock.    


(b)   The percentage set forth in row (13) is based on an aggregate of 25,476,087 shares of Common Stock outstanding as of November 1, 2012 as disclosed in the Issuer’s 10-Q filed with the Securities and Exchange Commission on November 9, 2012.



CUSIP # 00767E102

13D

Page 3 of 12 pages



  (1)

Names of Reporting Persons.  


Alta BioPharma Partners III GmbH & Co. Beteiligungs KG

  (2)

Check The Appropriate Box If A Member Of A Group

(a)

(b) X


  (3)

SEC Use Only


  (4)

Source Of Funds


WC

  (5)

Check Box 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

(7)

Sole Voting Power          115,994(c)

Beneficially Owned

By Each Reporting

Person With

(8)

Shared Voting Power

     -0-

 


(9)

Sole Dispositive Power

115,994 (c)

 


(10)

Shared Dispositive Power    -0-


  (11)

Aggregate Amount Beneficially Owned By Each Reporting Person


115,994 (c)

  (12)

Check If The Aggregate Amount In Row (11) Excludes Certain Shares*


  (13)

Percent Of Class Represented By Amount In Row (11)


0.5%

  (b)

  (14)

Type Of Reporting Person


PN

 

(c)   Alta BioPharma Partners III GmbH & Co. Beteiligungs KG (“ABPIIIKG”) has sole voting and dispositive control over these shares of Common Stock, except that ABMIII, as the managing limited partner of ABPIIIKG, and Champsi, Penhoet, and Hurwitz, as directors of ABMIII, may be deemed to share the right to direct the voting and dispositive control over such stock.


(b)   The percentage set forth in row (13) is based on an aggregate of 25,476,087 shares of Common Stock outstanding as of November 1, 2012 as disclosed in the Issuer’s 10-Q filed with the Securities and Exchange Commission on November 9, 2012.



CUSIP # 00767E102

13D

Page 4 of 12 pages



  (1)

Names of Reporting Persons.  


Alta BioPharma Management III, LLC

  (2)

Check The Appropriate Box If A Member Of A Group

(a)

(b) X

 

  (3)

SEC Use Only


  (4)

Source Of Funds


AF

  (5)

Check Box 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

(7)

Sole Voting Power

-0-

Beneficially Owned

By Each Reporting

Person With

(8)

Shared Voting Power

 1,843,985(d)


(9)

Sole Dispositive Power

-0-


(10)

Shared Dispositive Power  1,843,985(d)


  (11)

Aggregate Amount Beneficially Owned By Each Reporting Person


1,843,985 (d)

  (12)

Check If The Aggregate Amount In Row (11) Excludes Certain Shares*


  (13)

Percent Of Class Represented By Amount In Row (11)


7.2%  (b)

  (14)

Type Of Reporting Person


OO

 

(d)   ABMIII is the general partner of ABPIII and the managing limited partner of ABPIIIKG and shares voting and dispositive power over the shares of Common Stock held by those entities.


(b)   The percentage set forth in row (13) is based on an aggregate of 25,476,087 shares of Common Stock outstanding as of November 1, 2012 as disclosed in the Issuer’s 10-Q filed with the Securities and Exchange Commission on November 9, 2012.



CUSIP # 00767E102

13D

Page 5 of 12 pages



  (1)

Names of Reporting Persons.  


Alta Embarcadero BioPharma Partners III, LLC

  (2)

Check The Appropriate Box If A Member Of A Group

(a)

(b) X


  (3)

SEC Use Only


  (4)

Source Of Funds


WC

  (5)

Check Box If Disclosure Of Legal Proceedings Is Required Pursuant To Items 2(d) Or 2(e) :


  (6)

Citizenship Or Place Of Organization


California

 

Number Of Shares

(7)

Sole Voting Power

42,536(e)

Beneficially Owned

By Each Reporting

Person With

(8)

Shared Voting Power

-0-


(9)

Sole Dispositive Power

42,536 (e)

 


(10)

Shared Dispositive Power  -0-


  (11)

Aggregate Amount Beneficially Owned By Each Reporting Person


42,536 (e)

  (12)

Check If The Aggregate Amount In Row (11) Excludes Certain Shares*


  (13)

Percent Of Class Represented By Amount In Row (11)


0.2%  (b)

  (14)

Type Of Reporting Person


OO

 

(e)   Alta Embarcadero BioPharma Partners III, LLC (“AEBPIII”) has sole voting and dispositive control over these shares of Common Stock, except that Champsi, Penhoet, and Hurwitz, as managers of AEBPIII, may be deemed to share the right to direct the voting and dispositive control over such stock.


(b) The percentage set forth in row (13) is based on an aggregate of 25,476,087 shares of Common Stock outstanding as of November 1, 2012 as disclosed in the Issuer’s 10-Q filed with the Securities and Exchange Commission on November 9, 2012.



CUSIP # 00767E102

13D

Page 6 of 12 pages



  (1)

Names of Reporting Persons.  


Farah Champsi

  

  (2)

Check The Appropriate Box If A Member Of A Group

(a)

(b) X

  

  (3)

SEC Use Only


  

  (4)

Source Of Funds


AF

  (5)

Check Box If Disclosure Of Legal Proceedings Is Required Pursuant To Items 2(d) Or 2(e):


  (6)

Citizenship Or Place Of Organization


U.S.A.

 

Number Of Shares

(7)

Sole Voting Power

-0-

Beneficially Owned

By Each Reporting

Person With

(8)

Shared Voting Power

 1,886,521(f)


(9)

Sole Dispositive Power

-0-


(10)

Shared Dispositive Power  1,886,521(f)


  (11)

Aggregate Amount Beneficially Owned By Each Reporting Person


1,886,521 (f)

  (12)

Check If The Aggregate Amount In Row (11) Excludes Certain Shares*


  (13)

Percent Of Class Represented By Amount In Row (11)


7.4%    (b)

  (14)

Type Of Reporting Person


IN

 

 (f)   Champsi is a director of ABMIII and a manager of AEBPIII and shares voting and dispositive control over the shares of Common Stock held by ABPIII, ABPIIIKG and AEBPIII.  Champsi disclaims beneficial ownership of such shares except to the extent of her proportionate pecuniary interest therein.


(b)   The percentage set forth in row (13) is based on an aggregate of 25,476,087 shares of Common Stock outstanding as of November 1, 2012 as disclosed in the Issuer’s 10-Q filed with the Securities and Exchange Commission on November 9, 2012.



 


CUSIP # 00767E102

13D

Page 7 of 12 pages



  (1)

Names of Reporting Persons.  


Edward Penhoet

  (2)

Check The Appropriate Box If A Member Of A Group

(a)

(b) X

  

  (3)

SEC Use Only


  (4)

Source Of Funds


AF

  (5)

Check Box If Disclosure Of Legal Proceedings Is Required Pursuant To Items 2(d) Or 2(e):


  

  (6)

Citizenship Or Place Of Organization


U.S.A.

 

Number Of Shares

(7)

Sole Voting Power

-0-

Beneficially Owned

By Each Reporting

Person With

(8)

Shared Voting Power

 1,886,521(g)


(9)

Sole Dispositive Power

-0-


(10)

Shared Dispositive Power  1,886,521(g)


  (11)

Aggregate Amount Beneficially Owned By Each Reporting Person


1,886,521 (g)

  (12)

Check If The Aggregate Amount In Row (11) Excludes Certain Shares*


  (13)

Percent Of Class Represented By Amount In Row (11)


7.4%    (b)

  (14)

Type Of Reporting Person


IN

 

(g)   Penhoet is a director of ABMIII and a manager of AEBPIII and shares voting and dispositive control over the shares of Common Stock held by ABPIII, ABPIIIKG and AEBPIII. Penhoet disclaims beneficial ownership of such shares except to the extent of her proportionate pecuniary interest therein.


(b)   The percentage set forth in row (13) is based on an aggregate of 25,476,087 shares of Common Stock outstanding as of November 1, 2012 as disclosed in the Issuer’s 10-Q filed with the Securities and Exchange Commission on November 9, 2012.



 


CUSIP # 00767E102

13D

Page 8 of 12 pages



  (1)

Names of Reporting Persons.  


Edward Hurwitz

  (2)

Check The Appropriate Box If A Member Of A Group

(a)

(b) X

  

  (3)

SEC Use Only


  

  (4)

Source Of Funds


AF

  (5)

Check Box If Disclosure Of Legal Proceedings Is Required Pursuant To Items 2(d) Or 2(e):


  

  (6)

Citizenship Or Place Of Organization


U.S.A.

 

Number Of Shares

(7)

Sole Voting Power

-0-

Beneficially Owned

By Each Reporting

Person With

(8)

Shared Voting Power

 1,886,521(h)


(9)

Sole Dispositive Power

-0-


(10)

Shared Dispositive Power  1,886,521(h)


  (11)

Aggregate Amount Beneficially Owned By Each Reporting Person


1,886,521 (h)

  (12)

Check If The Aggregate Amount In Row (11) Excludes Certain Shares*


  (13)

Percent Of Class Represented By Amount In Row (11)


7.4%    (b)

  (14)

Type Of Reporting Person


IN

 

(h)   Hurwitz is a director of ABMIII and a manager of AEBPIII and shares voting and dispositive control over the shares of Common Stock held by ABPIII, ABPIIIKG and AEBPIII. Hurwitz disclaims beneficial ownership of such shares except to the extent of her proportionate pecuniary interest therein.


(b)   The percentage set forth in row (13) is based on an aggregate of 25,476,087 shares of Common Stock outstanding as of November 1, 2012 as disclosed in the Issuer’s 10-Q filed with the Securities and Exchange Commission on November 9, 2012.



CUSIP # 00767E102

13D

Page 9 of 12 pages


Item 1.

Security and Issuer.


This Amendment No. 2 to Schedule 13D is being filed to amend the statement on Schedule 13D relating to the common stock, par value $0.001 per share, of Aegerion Pharmaceuticals, Inc., a Delaware corporation (the “Issuer”), as initially filed with the Securities and Exchange Commission on November 8, 2010 and amended on October 22, 2012 (as amended, the “Original Schedule 13D”). The Original Schedule 13D is hereby amended and supplemented as detailed below and, except as amended and supplemented hereby, the Original Schedule 13D remains in full force and effect.


        

The principal executive office of the Issuer is located at 101 Main Street Suite 1850, Cambridge, MA 02142. Information given in response to each item shall be deemed incorporated by reference in all other items as applicable.


Item 5.

Interest in Securities of the Issuer.


Items 5(a), 5(b), and 5(c) of the Original Schedule 13D are hereby amended and restated in their entirety to read as follows:


(a)

As of November 29, 2012, ABPIII directly held 1,727,991 shares of Common Stock, ABPIIIKG directly held 115,994 shares of Common Stock, and AEBPIII directly held  42,536  shares of Common Stock, representing 6.8%, 0.5% and 0.2%, respectively, of the Issuer’s outstanding Common Stock as of such date.  As the general partner of ABPIII and the managing limited partner of ABPIIIKG, ABMIII beneficially owned an aggregate of 1,843,985 shares of Common Stock, representing 7.2% of the Issuer’s Common Stock outstanding as of such date. Each of the Directors beneficially owned 1,886,521  shares of Common Stock, representing 7.4% of the Issuer’s outstanding Common Stock as of such date.  The percentages set forth in this Item 5 are calculated based upon 25,476,087 shares of Common Stock outstanding as of November 1, 2012 as disclosed in the Issuer’s 10-Q filed with the Securities and Exchange Commission on November 9, 2012.

(b)

ABPIII has sole voting and dispositive control over 1,727,991 shares of Common Stock.  ABPIIIKG has sole voting and dispositive control over 115,994 shares of Common Stock.  AEBPIII has sole voting and dispositive control over  42,536  shares of Common Stock.  None of the other Reporting Persons owns any securities of the Issuer directly. ABMIII, as the general partner of ABPIII and managing limited partner of ABPIIIKG, shares the power to direct the voting and disposition of the 1,727,991 shares of Common Stock held directly by ABPIII and 115,994 shares of Common Stock held directly by ABPIIIKG and may be deemed to beneficially own the shares of Common Stock held by such entities. By virtue of their positions as directors of ABMIII and managers of AEBPIII, each Director shares the power to direct the disposition and vote of the 1,727,991 shares of Common Stock held directly by ABPIII, the 115,994 shares of Common Stock held directly by ABPIIIKG and the  42,536  shares of Common Stock held directly by AEBPIII and may be deemed to beneficially own the shares of Common Stock held by such entities. Each of the Directors disclaims beneficial ownership of all such shares of Common Stock held by the foregoing funds, except to the extent of his or her proportionate pecuniary interest therein.


(c)

On October 23, 2012, ABP III, ABPIIIKG, and AEBPIII disposed of 12,274, 824 and 302 shares of the Issuer’s Common Stock, respectively, on the public market at an average price of $21.08 per share.  


On October 25, 2012, ABP III, ABPIIIKG, and AEBPIII disposed of 71,475, 4,800 and 1,761 shares of the Issuer’s Common Stock, respectively, on the public market at an average price of $21.67 per share.  



CUSIP # 00767E102

13D

Page 10 of 12 pages


On October 26, 2012, ABP III, ABPIIIKG, and AEBPIII disposed of 883, 59 and 22 shares of the Issuer’s Common Stock, respectively, on the public market at an average price of $21.84 per share.  


On November 7, 2012, ABP III, ABPIIIKG, and AEBPIII disposed of 20,356, 1,367 and 502 shares of the Issuer’s Common Stock, respectively, on the public market at an average price of $20.92 per share.  


On November 8, 2012, ABP III, ABPIIIKG, and AEBPIII disposed of 28,760, 1,931 and 709 shares of the Issuer’s Common Stock, respectively, on the public market at an average price of $20.36 per share.  


On November 9, 2012, ABP III, ABPIIIKG, and AEBPIII disposed of 60,909, 4,090 and 1,501 shares of the Issuer’s Common Stock, respectively, on the public market at an average price of $20.93 per share.  


On November 12, 2012, ABP III, ABPIIIKG, and AEBPIII disposed of 12,823, 861 and 316 shares of the Issuer’s Common Stock, respectively, on the public market at an average price of $21.05 per share.  


On November 26, 2012, ABP III, ABPIIIKG, and AEBPIII disposed of 733, 49 and 18 shares of the Issuer’s Common Stock, respectively, on the public market at an average price of $20.92 per share.  


On November 27, 2012, ABP III, ABPIIIKG, and AEBPIII disposed of 5,220, 351 and 129 shares of the Issuer’s Common Stock, respectively, on the public market at an average price of $20.47 per share.  


On November 28, 2012, ABP III, ABPIIIKG, and AEBPIII disposed of 35,146, 2,360 and 866 shares of the Issuer’s Common Stock, respectively, on the public market at an average price of $21.71 per share.  


On November 29, 2012, ABP III, ABPIIIKG, and AEBPIII disposed of 21,982, 1,476 and 542 shares of the Issuer’s Common Stock, respectively, on the public market at an average price of $22.63 per share.  



Item 6.

Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.


The following supplements Item 6 of the Original Schedule 13D.


On November 28, 2012, ABPIII, ABPIIIKG, and AEBP III, entered into a covered call option contract to sell 54,900, 3,700 and 1,400 shares of the Issuer’s Common Stock, respectively, on the public market.  The Funds received $1.14 per share for selling the right to buy at a strike price of $22.50 with an expiration of December 22, 2012.


Item 7.

Material to be Filed as Exhibits.


Exhibit A:  

Joint Filing Statement.




CUSIP # 00767E102

13D

Page 11 of 12 pages


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:  November 29, 2012



Alta BioPharma Partners III, L.P.

Alta BioPharma Management III, LLC

By: Alta BioPharma Management III, LLC




By:            /s/ Farah Champsi                      

 

By:            /s/ Farah Champsi                 

Farah Champsi, Director

Farah Champsi, Director



Alta Embarcadero BioPharma Partners III, LLC



By:            /s/ Farah Champsi                      

                Farah Champsi, Manager


Alta BioPharma Partners III GmbH &Co. Beteiligungs KG

By: Alta BioPharma Management III, LLC




By:            /s/ Farah Champsi                      

                Farah Champsi, Director









                  /s/ Farah Champsi                      

                 /s/ Edward Hurwitz                 






                  /s/ Edward Penhoet                   




CUSIP # 00767E102

13D

Page 12 of 12 pages



EXHIBIT A

Joint Filing Statement

We, the undersigned, hereby express our agreement that the attached Schedule 13D is filed on behalf of each of us.


Date:  November 29, 2012



Alta BioPharma Partners III, L.P.

Alta BioPharma Management III, LLC

By: Alta BioPharma Management III, LLC




By:            /s/ Farah Champsi                      

 

By:            /s/ Farah Champsi                 

Farah Champsi, Director

Farah Champsi, Director



Alta Embarcadero BioPharma Partners III, LLC



By:            /s/ Farah Champsi                      

                Farah Champsi, Manager


Alta BioPharma Partners III GmbH &Co. Beteiligungs KG

By: Alta BioPharma Management III, LLC




By:            /s/ Farah Champsi                      

                Farah Champsi, Director








                  /s/ Farah Champsi                      

                 /s/ Edward Hurwitz                 






                  /s/ Edward Penhoet