0001193125-15-076768.txt : 20150304 0001193125-15-076768.hdr.sgml : 20150304 20150304160059 ACCESSION NUMBER: 0001193125-15-076768 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20150304 DATE AS OF CHANGE: 20150304 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Horizon Pharma plc CENTRAL INDEX KEY: 0001492426 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] IRS NUMBER: 272179987 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-86365 FILM NUMBER: 15673347 BUSINESS ADDRESS: STREET 1: ADELAIDE CHAMBERS STREET 2: PETER STREET CITY: DUBLIN STATE: L2 ZIP: 8 BUSINESS PHONE: 011-353-1-649-8521 MAIL ADDRESS: STREET 1: ADELAIDE CHAMBERS STREET 2: PETER STREET CITY: DUBLIN STATE: L2 ZIP: 8 FORMER COMPANY: FORMER CONFORMED NAME: HORIZON PHARMA, INC. DATE OF NAME CHANGE: 20100520 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: VENKATARAMAN BALAJI CENTRAL INDEX KEY: 0001114916 FILING VALUES: FORM TYPE: SC 13D/A MAIL ADDRESS: STREET 1: FIRST HORIZON PHARMACEUTICAL CORP STREET 2: 660 HEMBREE PKWY STE 106 CITY: ROSWELL STATE: GA ZIP: 30076 SC 13D/A 1 d886573dsc13da.htm SC 13D/A SC 13D/A

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13D/A

Under the Securities Exchange Act of 1934

 

 

Horizon Pharma plc

(Name of Issuer)

Ordinary shares, nominal value $0.0001 per share

(Title of Class of Securities)

G4617B 105

(CUSIP Number)

Balaji Venkataraman

13185 Owens Way

Alpharetta, GA 30004

(201) 836-2308

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

Copies to:

Reb D. Wheeler, Esq.

John P. Berkery, Esq.

Mayer Brown LLP

1675 Broadway

New York, New York 10019

(212) 506-2414

February 27, 2015

(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 §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.  ¨

 

 

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.

 

 

* 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, as amended (“Securities Exchange Act”) or otherwise subject to the liabilities of that section of the Securities Exchange Act but shall be subject to all other provisions of the Securities Exchange Act (however, see the Notes).

 

 

 


CUSIP No. G4617B 105

 

  1. 

Name of Reporting Person

 

Balaji Venkataraman

  2.

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

 

(a)  ¨        (b)  x

  3.

SEC Use Only:

 

  4.

Source of Funds (See Instructions):

 

OO(1)

  5.

Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e):

 

¨

  6.

Citizenship or Place of Organization:

 

United States

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With(1)

 

  7. 

Sole Voting Power:

 

3,433,597 (1)(2)

  8.

Shared Voting Power:

 

1,152,720 (1) (3)

  9.

Sole Dispositive Power:

 

3,433,597 (1) (2)

10.

Shared Dispositive Power:

 

1,152,720 (1) (3)

11.

Aggregate Amount Beneficially Owned by Each Reporting Person:

 

4,586,317 (1) (2) (3) (4)

12.

Check if the Aggregate Amount in Row (11) Excludes Certain Shares: (See Instructions)

 

¨(4)

13.

Percent of Class Represented by Amount in Row (11):

 

3.7% (5)

14.

Type of Reporting Person (See Instructions):

 

IN

 

(1) On September 22, 2014, Vidara Therapeutics Holdings LLC, a Delaware limited liability company (“Vidara Holdings”) made a pro rata distribution (for no consideration) to its members of 31,350,000 Ordinary Shares of the Issuer. As a result of such pro rata distribution, Altiva Capital, LLC received 10,433,597 Ordinary Shares and Mayura Trust A received 6,152,720 Ordinary Shares, for a combined total of 16,586,317 Ordinary Shares. On November 13, 2014, Altiva Capital LLC agreed to sell 6,086,957 Ordinary Shares pursuant to that certain Underwriting Agreement, dated as of November 13, 2014 (the “Underwriting Agreement”), among the Issuer, the several selling shareholders (the “Selling Shareholders”) named in Schedule I to the Underwriting Agreement and Morgan Stanley & Co. LLC, Citigroup Global Markets Inc., Cowen and Company, LLC and Jefferies LLC, as representatives of the several underwriters (the “Underwriters”) named in Schedule II to the Underwriting Agreement. Altiva Capital LLC also granted the Underwriters the option to purchase an additional 913,043 Ordinary Shares, which the Underwriters exercised. Prior to the end of 2014, Mayura Trust A transferred all of its Ordinary Shares to Mayura Trust B for no consideration. On February 27, 2015, Mayura Trust B agreed to sell 5,000,000 Ordinary Shares to UBS Securities LLC.
(2) These 3,433,597 Ordinary Shares are held by Altiva Capital, LLC of which Mr. Venkataraman is the sole managing member. 78% of Altiva Capital, LLC is owned by Mayura Trust A and the remaining 22% is owned by family trusts of which Mr. Venkataraman’s wife and kids are the beneficiaries and he and his wife, respectively, act as the trustee. Mayura One LLC is the trustee of the Mayura Trust A. The managing members of Mayura One LLC are Mr. Venkataraman, Christopher Graham and Christopher Manning. The beneficiaries of Mayura Trust A are Mr. Venkataraman and his descendants.
(3) These 1,152,720 Ordinary Shares held by Mayura Trust B. Mayura, LLC is the trustee of the Mayura Trust B. The managing members of Mayura, LLC are Mr. Venkataraman, Yelena Epova and Christopher Manning. Ms. Epova and Mr. Manning disclaim beneficial ownership of any shares held by Mayura Trust B. The beneficiaries of Mayura Trust B are Mr. Venkataraman and his descendants.
(4) Excludes 102,328 ordinary shares held by the Mohun Patrick Nohria 2013 Gift Trust, of which Mr. Venkataraman is a trustee and disclaims beneficial ownership of such ordinary shares.
(5) The percentages used herein are calculated based on an aggregate total of 125,100,210 ordinary shares outstanding as of February 20, 2015.


SCHEDULE 13D

Item 1. Security and Issuer

This Amendment to Schedule 13D relates to ordinary shares, nominal value $0.0001 per share (the “Ordinary Shares”) of Horizon Pharma plc, a public limited company formed under the laws of Ireland (the “Issuer”). The Issuer has its principal executive offices at Adelaide Chambers, Peter Street, Dublin 8, Ireland.

Item 2. Identity and Background

(a)-(c): This Schedule 13D is being filed by Balaji Venkataraman, a natural person with an address at 13185 Owens Way, Alpharetta, GA 30004. The principal occupation of the Reporting Person is managing member of Altiva Capital, LLC (“Altiva”), a Delaware limited liability company. The principal business of Altiva is that of a private investment company. The principal office of Altiva is located at 13185 Owens Way, Alpharetta, Georgia 30004. 78% of Altiva Capital, LLC is owned by Mayura Trust A and the remaining 22% is owned by family trusts of which Mr. Venkataraman’s wife and kids are the beneficiaries and he and his wife, respectively, act as the trustee.

(d)-(e): During the last five years, the Reporting Person has not been convicted in any criminal proceeding (excluding traffic violations or similar misdemeanors) and was not a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, U.S. federal or state securities laws or finding any violation with respect to such laws.

(f): Balaji Venkataraman is a U.S. citizen.

Item 3. Source and Amount of Funds or Other Consideration

As described in response to Item 4, the Ordinary Shares to which this Schedule 13D relates have not been purchased by the Reporting Person, and thus no funds were used for such purpose.

Item 4. Purpose of Transaction

On September 22, 2014, Vidara Therapeutics Holdings LLC, a Delaware limited liability company (“Vidara Holdings”) made a pro rata distribution (for no consideration) to its members of 31,350,000 Ordinary Shares. As a result of such pro rata distribution, Altiva Capital, LLC received 10,433,597 ordinary shares and Mayura Trust A received 6,152,720 ordinary shares, for a combined total of 16,586,317 ordinary shares.

On November 13, 2014, Altiva Capital LLC agreed to sell 6,086,957 ordinary shares pursuant to that certain Underwriting Agreement, dated as of November 13, 2014 (the “Underwriting Agreement”), among the Issuer, the several selling shareholders (the “Selling Shareholders”) named in Schedule I to the Underwriting Agreement and Morgan Stanley & Co. LLC, Citigroup Global Markets Inc., Cowen and Company, LLC and Jefferies LLC, as representatives of the several underwriters (the “Underwriters”) named in Schedule II to the Underwriting Agreement. Altiva Capital LLC also granted the Underwriters the option to purchase an additional 913,043 ordinary shares, which was exercised by the Underwriters.

Prior to the end of 2014, Mayura Trust A transferred all of its ordinary shares to MayuraTrust B for no consideration.

On February 27, 2015, Mayura Trust B agreed to sell 5,000,000 ordinary shares to UBS Securities LLC.

Item 5. Interest in Securities of the Issuer

(a)-(b) The Reporting Person’s current beneficial ownership in the Issuer and the Ordinary Shares arising from such ownership is set forth on the cover page to this Schedule 13D and is incorporated by reference herein. The ownership percentage appearing on such cover page has been calculated based on an aggregate total of 125,100,210 ordinary shares outstanding as of February 20, 2015.

The number of outstanding Ordinary Shares of Issuer that may be deemed to be beneficially owned by the Reporting Person with respect to which there is (i) sole voting power is 3,433,597, (ii) shared voting power is 1,152,720, (iii) sole dispositive power is 3,433,597, and (iv) shared dispositive power is 1,152,720. The foregoing does not include 102,328 ordinary shares held by the Mohun Patrick Nohria 2013 Gift Trust, of which Mr. Venkataraman is a trustee and disclaims beneficial ownership of such ordinary shares. References to notes (2) and (3) set forth on the cover page to this Schedule 13D are incorporated by reference herein.


(c) Except as noted herein, the Reporting Person has not effected any transaction in the Ordinary Shares during the past 60 days.

(d) To the knowledge of the Reporting Person, no other person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Ordinary Shares relating to more than 5% of the issued and outstanding Ordinary Shares.

(e) Not applicable.

Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.

There are no contracts, arrangements, understandings or relationships (legal or otherwise) among the person named in Item 2 and any other person with respect to any securities of the Issuer, including but not limited to transfer or voting of any of the securities, finder’s fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, division of profits or loss, or the giving or withholding of proxies, the existence of which would give another person voting or investment power over the securities of the Issuer.

Item 7. Material to be filed as Exhibits.

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 as March 4, 2015

 

/s/ Balaji Venkataraman

Balaji Venkataraman