0001408408-14-000004.txt : 20140224 0001408408-14-000004.hdr.sgml : 20140224 20140224083756 ACCESSION NUMBER: 0001408408-14-000004 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20140221 DATE AS OF CHANGE: 20140224 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PORTOLA PHARMACEUTICALS INC CENTRAL INDEX KEY: 0001269021 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] 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: 005-87472 FILM NUMBER: 14635582 BUSINESS ADDRESS: STREET 1: 270 EAST GRAND AVENUE, SUITE 22 CITY: SOUTH SAN FRANCISCO STATE: CA ZIP: 94080 BUSINESS PHONE: 650-244-6864 MAIL ADDRESS: STREET 1: 270 EAST GRAND AVENUE, SUITE 22 CITY: SOUTH SAN FRANCISCO STATE: CA ZIP: 94080 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Eastern Capital LTD CENTRAL INDEX KEY: 0001408408 IRS NUMBER: 000000000 STATE OF INCORPORATION: E9 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: P. O. BOX 31363 CITY: GRAND CAYMAN STATE: E9 ZIP: KY1-1206 BUSINESS PHONE: 345-640-3300 MAIL ADDRESS: STREET 1: P. O. BOX 31363 CITY: GRAND CAYMAN STATE: E9 ZIP: KY1-1206 SC 13G/A 1 portola13ga-02192014.htm Unassociated Document
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
 
 
SCHEDULE 13G/A
 
 
Under the Securities Exchange Act of 1934
(Amendment No. 1 )*
 
 
 PORTOLA PHARMACEUTICALS, INC.

(Name of Issuer)
 
 
 COMMON STOCK, $0.001 PAR VALUE PER SHARE

(Title of Class of Securities)
 
 
737010108

(CUSIP Number)
 
 
31 DECEMBER 2013

(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)  
       
x    Rule 13d-1(c)  
       
o    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 (the “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. 737010108 13G    
1 NAMES OF REPORTING PERSONS  
       
    EASTERN CAPITAL LIMITED  
       
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) o
      (b) o
       
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  
     
    1,876,784  
     
7 SOLE DISPOSITIVE POWER  
     
    -0-  
     
8 SHARED DISPOSITIVE POWER  
     
    1,876,784  
           
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  
     
    1,876,784  
     
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) o
     
       
11 PERCENT OF CLASS REPRESENTED IN ROW (9)  
     
    4.7%  
     
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)  
     
    CO  
     
 
 
 
 
 
CUSIP NO.
 
737010108
 
13G    
1 NAMES OF REPORTING PERSONS  
       
    PORTFOLIO SERVICES LTD.  
       
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) o
      (b) o
       
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  
     
    1,876,784  
     
7 SOLE DISPOSITIVE POWER  
     
    -0-  
     
8 SHARED DISPOSITIVE POWER  
     
    1,876,784  
           
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  
     
    1,876,784  
     
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) o
     
       
11 PERCENT OF CLASS REPRESENTED IN ROW (9)  
     
    4.7%  
     
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)  
     
    CO  
     
 
 
 
 
 
 
 
 
CUSIP NO. 737010108 13G    
1 NAMES OF REPORTING PERSONS  
       
    KENNETH B. DART  
       
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) o
      (b) o
       
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  
     
    1,876,784  
     
7 SOLE DISPOSITIVE POWER  
     
    -0-  
     
8 SHARED DISPOSITIVE POWER  
     
    1,876,784  
           
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  
     
    1,876,784  
     
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) o
     
       
11 PERCENT OF CLASS REPRESENTED IN ROW (9)  
     
    4.7%  
     
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)  
     
    IN  
     
 
 
 
 
 
 
 
CUSIP NO. 737010108 13G    
 
Item 1.
 
(a)
Name of Issuer
PORTOLA PHARMACEUTICALS, INC.
     
 
(b)
Address of Issuer’s Principal Executive Offices
270 EAST GRAND AVENUE, SUITE 22, SAN FRANCISCO, CALIFORNIA 94080
     
Item 2.
 
(a)
Name of Person Filing
1) EASTERN CAPITAL LIMITED
Eastern Capital Limited is a direct wholly owned subsidiary of Portfolio Services Ltd., a Cayman Islands company.
 
2) PORTFOLIO SERVICES LTD.
Portfolio Services Ltd. is a holding company which owns all of the outstanding shares of Eastern Capital Limited, a Cayman Islands company.
 
3) KENNETH B. DART
Mr. Dart is the beneficial owner of all of the outstanding shares of Portfolio Services Ltd., which in turns owns all the outstanding shares of Eastern Capital Limited.
 
     
 
(b)
Address of the Principal Office or, if none, residence
1) 10 Market Street, #773
Camana Bay
Grand Cayman, KY1-9006  CAYMAN ISLANDS
 
2) 10 Market Street, #773
Camana Bay
Grand Cayman, KY1-9006  CAYMAN ISLANDS
 
3) P.O. Box 31300
Grand Cayman, KY1-1206  CAYMAN ISLANDS
     
 
(c)
Citizenship
1) CAYMAN ISLANDS
2) CAYMAN ISLANDS
3) BRITISH OVERSEAS TERRITORY CITIZEN CAYMAN ISLANDS
     
 
(d)
Title of Class of Securities
Common Stock, $0.001  par value per share
     
 
(e)
CUSIP Number
737010108
 
Item 3.  If this statement is filed pursuant to §§240.13d1(b) or 240.13d 2(b) or (c), check whether the person filing is a:
 
 
(a)
¨
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).
       
 
(b)
¨
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
       
 
(c)
¨
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
       
 
(d)
¨
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
       
 
(e)
¨
An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
       
 
(f)
¨
An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
       
 
(g)
¨
A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);
       
 
(h)
¨
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
       
 
(i)
¨
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
       
 
(j)
¨
Group, in accordance with §240.13d-1(b)(1)(ii)(J).
       
 
Item 4.  Ownership.
 
Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.
         
The percentage ownership noted  in this Schedule 13G  is based on  39,709,658 shares outstanding as of  October 31, 2013 as reported  in the Issuer 10-Q filed with the SEC on November 06, 2013.
 
As of the date of this filing, Eastern Capital Limited, Portfolio Services Ltd. and Mr. Dart beneficially own in the aggregate the following:
 
 
(a)
 
Amount beneficially owned:  1,876,784
         
 
(b)
 
Percent of class:  4.7%
         
 
(c)
 
Number of shares as to which the person has:  
         
     
(i)
Sole power to vote or to direct the vote  0
         
     
(ii)
Shared power to vote or to direct the vote  1,876,784
         
     
(iii)
Sole power to dispose or to direct the disposition of  0
         
     
(iv)
Shared power to dispose or to direct the disposition of 1,876,784
         
 
Instruction. For computations regarding securities which 3(d)(1).represent a right to acquire an underlying security see §240.13d
 
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
 
Instruction. Dissolution of a group requires a response to this item.
 
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.
 
Not Applicable
 
Item 9.  Notice of Dissolution of Group.
 
Not Applicable
 
Item 10.  Certification.
 
(a)
 
The following certification shall be included if the statement is filed pursuant to §240.13d-1(c):
 
         
     
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above 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.
 
 
 
 
 
 
 
CUSIP NO. 737010108 13G    
 
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.

 
 
EASTERN CAPITAL LIMITED
 
February 21, 2014
Date
 
/s/ Kenneth B. Dart
Signature
 
Kenneth B. Dart, Director
Name/Title
 
 
PORTFOLIO SERVICES LTD.
February 21, 2014
Date
 
/s/ Kenneth B. Dart
Signature
 
Kenneth B. Dart, Director
Name/Title
 
 
KENNETH B. DART
February 21, 2014
Date
 
/s/ Kenneth B. Dart
Signature
 
Kenneth B. Dart
Name/Title