0001193125-15-040992.txt : 20150210 0001193125-15-040992.hdr.sgml : 20150210 20150210123706 ACCESSION NUMBER: 0001193125-15-040992 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20150210 DATE AS OF CHANGE: 20150210 GROUP MEMBERS: SCFF MANAGEMENT, LLC GROUP MEMBERS: SCGF GENPAR, LTD. GROUP MEMBERS: SCGF IV MANAGEMENT, L.P. GROUP MEMBERS: SEQUOIA CAPITAL FRANCHISE PARTNERS, L.P. GROUP MEMBERS: SEQUOIA CAPITAL U.S. GROWTH FUND IV, L.P. GROUP MEMBERS: SEQUOIA CAPITAL USGF PRINCIPALS FUND IV, L.P. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: GREEN DOT CORP CENTRAL INDEX KEY: 0001386278 STANDARD INDUSTRIAL CLASSIFICATION: FINANCE SERVICES [6199] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-85599 FILM NUMBER: 15592024 BUSINESS ADDRESS: STREET 1: 3465 E. FOOTHILL BLVD CITY: PASADENA STATE: CA ZIP: 91107 BUSINESS PHONE: 6267652000 MAIL ADDRESS: STREET 1: 3465 E. FOOTHILL BLVD CITY: PASADENA STATE: CA ZIP: 91107 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SEQUOIA CAPITAL FRANCHISE FUND LP CENTRAL INDEX KEY: 0001085206 IRS NUMBER: 943324307 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: C/O SEQUOIA CAPITAL STREET 2: 3000 SAND HILL RD, BLDG 4-180 CITY: MENLO PARK STATE: CA ZIP: 94025 BUSINESS PHONE: 6508543927 MAIL ADDRESS: STREET 1: C/O SEQUOIA CAPITAL STREET 2: 3000 SAND HILL RD, BLDG 4-180 CITY: MENLO PARK STATE: CA ZIP: 94025 SC 13G/A 1 d866080dsc13ga.htm AMENDMENT NO.2 ON SCHEDULE 13G Amendment No.2 on Schedule 13G

 

 

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 (b)

(Amendment No. 2)

 

 

GREEN DOT CORPORATION

(Name of Issuer)

CLASS A COMMON STOCK

(Title of Class of Securities)

39304D102

(CUSIP Number)

12/31/14

(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)

x Rule 13d-1(d)

(Continued on following pages)

 

 

 

 

 

Page 1 of 12 Pages

   13 G   
CUSIP No. 39304D102       Page 2 of 12 Pages

 

  1   

Name of reporting person

 

SEQUOIA CAPITAL FRANCHISE FUND, L.P. (“SCFF”)

I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

94-3324307

  2  

Check the appropriate box if a member of a group

(a)  ¨        (b)  ¨

 

  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

   6    

Shared voting power

 

    627,2461

   7    

Sole dispositive power

 

    0

   8    

Shared dispositive power

 

    627,2461

  9   

Aggregate amount beneficially owned by each reporting person

 

    627,2461

10  

Check box if the aggregate amount in Row (9) excludes certain shares    ¨

 

11  

Percent of class represented by amount in Row 9

 

    1.2%

12  

Type of reporting person

 

    PN

 

1  Excludes 1,333.743 shares of the Issuer’s Series A Convertible Junior Participating Non-Cumulative Perpetual Preferred Stock (the “Series A Preferred Stock”). Each share of the Issuer’s Series A Preferred Stock is non-voting and is convertible into one thousand shares of the Issuer’s Class A common stock only in connection with transfers to unaffiliated third parties.

   13 G   
CUSIP No. 39304D102       Page 3 of 12 Pages

 

  1   

Name of reporting person

 

SEQUOIA CAPITAL FRANCHISE PARTNERS, L.P. (“SCFP”)

I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

94-3330616

  2  

Check the appropriate box if a member of a group

(a)  ¨        (b)  ¨

 

  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

   6    

Shared voting power

 

    85,7231

   7    

Sole dispositive power

 

    0

   8    

Shared dispositive power

 

    85,7231

  9   

Aggregate amount beneficially owned by each reporting person

 

    85,7231

10  

Check box if the aggregate amount in Row (9) excludes certain shares    ¨

 

11  

Percent of class represented by amount in Row 9

 

    0.2%

12  

Type of reporting person

 

    PN

 

1  Excludes 181.719 shares of the Issuer’s Series A Preferred Stock. Each share of the Issuer’s Series A Preferred Stock is non-voting and is convertible into one thousand shares of the Issuer’s Class A common stock only in connection with transfers to unaffiliated third parties.

   13 G   
CUSIP No. 39304D102       Page 4 of 12 Pages

 

  1   

Name of reporting person

 

SCFF MANAGEMENT, LLC (“SCFF LLC”)

I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

94-3324306

  2  

Check the appropriate box if a member of a group

(a)  ¨        (b)  ¨

 

  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

   6    

Shared voting power

 

712,969 shares of which 627,246 shares are directly held by SCFF and 85,723 shares are directly held by SCFP. SCFF LLC is the General Partner of each of SCFF and SCFP.1

   7    

Sole dispositive power

 

    0

   8    

Shared dispositive power

 

712,969 shares of which 627,246 shares are directly held by SCFF and 85,723 shares are directly held by SCFP. SCFF LLC is the General Partner of each of SCFF and SCFP.1

  9   

Aggregate amount beneficially owned by each reporting person

 

    712,9691

10  

Check box if the aggregate amount in Row (9) excludes certain shares    ¨

 

11  

Percent of class represented by amount in Row 9

 

    1.4%

12  

Type of reporting person

 

    OO

 

1  Excludes 1,515.462 shares of the Issuer’s Series A Preferred Stock. Each share of the Issuer’s Series A Preferred Stock is non-voting and is convertible into one thousand shares of the Issuer’s Class A common stock only in connection with transfers to unaffiliated third parties.

   13 G   
CUSIP No. 39304D102       Page 5 of 12 Pages

 

  1   

Name of reporting person

 

SEQUOIA CAPITAL U.S. GROWTH FUND IV, L.P. (“SCGF IV”)

I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

98-0589567

  2  

Check the appropriate box if a member of a group

(a)  ¨        (b)  ¨

 

  3  

SEC use only

 

  4  

Citizenship or place of organization

 

    CAYMAN ISLANDS

Number of

shares

beneficially

owned by

each

reporting

person

with

    5    

Sole voting power

 

    0

   6    

Shared voting power

 

    0

   7    

Sole dispositive power

 

    0

   8    

Shared dispositive power

 

    0

  9   

Aggregate amount beneficially owned by each reporting person

 

    0

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

 

   13 G   
CUSIP No. 39304D102       Page 6 of 12 Pages

 

  1   

Name of reporting person

 

SEQUOIA CAPITAL USGF PRINCIPALS FUND IV, L.P. (“SCGF IV PF”)

I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

98-0619227

  2  

Check the appropriate box if a member of a group

(a)  ¨        (b)  ¨

 

  3  

SEC use only

 

  4  

Citizenship or place of organization

 

    CAYMAN ISLANDS

Number of

shares

beneficially

owned by

each

reporting

person

with

    5    

Sole voting power

 

    0

   6    

Shared voting power

 

    0

   7    

Sole dispositive power

 

    0

   8    

Shared dispositive power

 

    0

  9   

Aggregate amount beneficially owned by each reporting person

 

    0

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

 

   13 G   
CUSIP No. 39304D102       Page 7 of 12 Pages

 

  1   

Name of reporting person

 

SCGF IV MANAGEMENT, L.P. (“SCGF IV MGMT”)

I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

98-0589559

  2  

Check the appropriate box if a member of a group

(a)  ¨        (b)  ¨

 

  3  

SEC use only

 

  4  

Citizenship or place of organization

 

    CAYMAN ISLANDS

Number of

shares

beneficially

owned by

each

reporting

person

with

    5    

Sole voting power

 

    0

   6    

Shared voting power

 

    0

   7    

Sole dispositive power

 

    0

   8    

Shared dispositive power

 

    0

  9   

Aggregate amount beneficially owned by each reporting person

 

    0

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

 

   13 G   
CUSIP No. 39304D102       Page 8 of 12 Pages

 

  1   

Name of reporting person

 

SCGF GENPAR, LTD. (“SCGF GP”)

I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

98-0603717

  2  

Check the appropriate box if a member of a group

(a)  ¨        (b)  ¨

 

  3  

SEC use only

 

  4  

Citizenship or place of organization

 

    CAYMAN ISLANDS

Number of

shares

beneficially

owned by

each

reporting

person

with

    5    

Sole voting power

 

    0

   6    

Shared voting power

 

    0

   7    

Sole dispositive power

 

    0

   8    

Shared dispositive power

 

    0

  9   

Aggregate amount beneficially owned by each reporting person

 

    0

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

 

13 G

 

CUSIP No. 39304D102    Page 9 of 12 Pages

 

  ITEM 1.     

 

  (a)   Name of Issuer:    Green Dot Corporation
  (b)   Address of Issuer’s Principal Executive Offices:
      

3465 East Foothill Blvd.

Pasadena, CA 91107

 

  ITEM 2.     

 

  (a) Name of Persons Filing:

Sequoia Capital Franchise Fund, L.P.

Sequoia Capital Franchise Partners, L.P.

SCFF Management, LLC

Sequoia Capital U.S. Growth Fund IV, L.P.

Sequoia Capital USGF Principals Fund IV, L.P.

SCGF IV Management, L.P.

SCGF GenPar, Ltd.

SCFF LLC is the General Partner of each of SCFF and SCFP. SCGF IV MGMT is the General Partner of each of SCGF IV and SCGF IV PF. SCGF GP is the General Partner of SCGF IV MGMT.

 

  (b) Address of Principal Business Office or, if none, Residence:

3000 Sand Hill Road, 4-250

Menlo Park, CA 94025

Citizenship:

SCFF LLC, SCFF, SCFP: Delaware

SCGF IV MGMT, SCGF IV, SCGF IV PF, SCGF GP: Cayman Islands

 

  (c)   Title of Class of Securities:    Class A common stock
  (d)   CUSIP Number:    39304D102

 

  ITEM 3. If this statement is filed pursuant to Rules 13d-1(b) or 13d-2(b) or (c), check whether the person filing is a:

NOT APPLICABLE

 

  ITEM 4. Ownership

SEE ROWS 5 THROUGH 11 OF COVER PAGES

   13 G   
CUSIP No. 39304D102       Page 10 of 12 Pages

 

  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.  x

 

  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 OR CONTROL PERSON

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 G   
CUSIP No. 39304D102       Page 11 of 12 Pages

 

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 10, 2015

 

Sequoia Capital Franchise Fund
Sequoia Capital Franchise Partners
  By:   SCFF Management, LLC
  General Partner of Each
  By:  

/s/ Douglas Leone

  Douglas Leone, Managing Member
SCFF Management, LLC
  By:  

/s/ Douglas Leone

  Douglas Leone, Managing Member
Sequoia Capital U.S. Growth Fund IV, L.P.
Sequoia Capital USGF Principals Fund IV, L.P.
  By:   SCGF IV Management, L.P.
  General Partner of Each
  By:   SCGF GenPar, Ltd
  Its General Partner
  By:  

/s/ Douglas Leone

  Douglas Leone, Managing Director
SCGF IV Management, L.P.
  By:   SCGF GenPar, Ltd
  Its General Partner
  By:  

/s/ Douglas Leone

  Douglas Leone, Managing Director
SCGF GenPar, Ltd
  By:  

/s/ Douglas Leone

  Douglas Leone, Managing Director

   13 G   
CUSIP No. 39304D102       Page 12 of 12 Pages

 

EXHIBIT 1

AGREEMENT AS TO JOINT FILING OF SCHEDULE 13G

The undersigned hereby agree that the Schedule 13G relating to the Class A common stock of Green Dot Corporation, and any further amendments thereto, to which this Agreement as to Joint Filing of Schedule 13G is attached as an exhibit is filed on behalf of each of them pursuant to and in accordance with the provisions of Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended.

Date: February 10, 2015

 

Sequoia Capital Franchise Fund
Sequoia Capital Franchise Partners
  By:   SCFF Management, LLC
  General Partner of Each
  By:  

/s/ Douglas Leone

  Douglas Leone, Managing Member
SCFF Management, LLC
  By:  

/s/ Douglas Leone

  Douglas Leone, Managing Member
Sequoia Capital U.S. Growth Fund IV, L.P.
Sequoia Capital USGF Principals Fund IV, L.P.
  By:   SCGF IV Management, L.P.
  General Partner of Each
  By:   SCGF GenPar, Ltd
  Its General Partner
  By:  

/s/ Douglas Leone

  Douglas Leone, Managing Director
SCGF IV Management, L.P.
  By:   SCGF GenPar, Ltd
  Its General Partner
  By:  

/s/ Douglas Leone

  Douglas Leone, Managing Director
SCGF GenPar, Ltd
  By:  

/s/ Douglas Leone

  Douglas Leone, Managing Director