SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

HAMMONS MICHAEL J

(Last)

(First)

(Middle)

C/O L2 MEDICAL DEVELOPMENT COMPANY

2451 ALAMO AVENUE SE

(Street)

ALBUQUERQUE

87106

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
L2 MEDICAL DEVELOPMENT CO [ SCQO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/04/2013

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	09/04/2013		J⁽¹⁾		2,378,529	A	⁽²⁾	2,378,529	I⁽³⁾	by SAIL Venture Partners II, LP
Common Stock	09/04/2013		J⁽¹⁾		816,958	A	⁽²⁾	816,958	I⁽⁴⁾	by SAIL Venture Partners, LP
Common Stock	09/04/2013		J⁽¹⁾		437,624	A	⁽²⁾	437,624	I⁽⁵⁾	by SAIL Co-Investment Partners Cayman, LP
Common Stock	09/04/2013		J⁽¹⁾		54,703	A	⁽²⁾	54,703	I⁽⁶⁾	By SAIL 2010 Co-Investment Partners, LP
Common Stock	09/04/2013		J⁽¹⁾		270,350	A	⁽²⁾	270,350	I⁽⁷⁾	By SAIL Pre-Exit Acceleration Fund, LP
Common Stock	09/04/2013		J⁽¹⁾		184,065	A	⁽²⁾	184,065	I⁽⁸⁾	By SAIL Pre-Exit Acceleration Fund II, LP
Common Stock	09/04/2013		J⁽¹⁾		112,646	A	⁽²⁾	112,646	I⁽⁹⁾	By SAIL Sustainable Louisiana II, LP

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Series B Warrant (Right to Buy)	$5.4424	09/04/2013		J⁽¹⁰⁾		515,944		09/04/2013	⁽¹¹⁾	Common Stock	515,944	$0.00	515,944	I⁽³⁾	By SAIL Venture Partners II, LP
Series C Warrant (Right to Buy)	$7.6778	09/04/2013		J⁽¹⁰⁾		82,054		09/04/2013	⁽¹¹⁾	Common Stock	82,054	$0.00	82,054	I⁽³⁾	By SAIL Venture Partners II, LP
Series D Warrant (Right to Buy)	$7.7233	09/04/2013		J⁽¹⁰⁾		123,911		09/04/2013	⁽¹¹⁾	Common Stock	123,911	$0.00	123,911	I⁽³⁾	By SAIL Venture Partners II, LP
Series C Warrant (Right to Buy)	$7.6778	09/04/2013		J⁽¹⁰⁾		27,352		09/04/2013	⁽¹¹⁾	Common Stock	27,352	$0.00	27,352	I⁽⁶⁾	By SAIL 2010 Co-Investment Partners, LP
Series C Warrants (Right to Buy)	$7.6778	09/04/2013		J⁽¹⁰⁾		218,812		09/04/2013	⁽¹¹⁾	Common Stock	218,812	$0.00	218,812	I⁽⁵⁾	By SAIL Co-Investment Partners Cayman, LP
Series D Warrants (Right to Buy)	$7.7233	09/04/2013		J⁽¹⁰⁾		67,588		09/04/2013	12/31/2017	Common Stock	67,588	$0.00	67,588	I⁽⁸⁾	By SAIL Pre-Exit Acceleration Fund II, LP
Series D Warrants (Right to Buy)	$7.7233	09/04/2013		J⁽¹⁰⁾		135,175		09/04/2013	12/31/2017	Common Stock	135,175	$0.00	135,175	I⁽⁷⁾	By SAIL Pre-Exit Acceleration Fund, LP
Series D Warrants (Right to Buy)	$7.7233	09/04/2013		J⁽¹⁰⁾		56,323		09/04/2013	12/31/2017	Common Stock	56,323	$0.00	56,323	I⁽⁹⁾	By SAIL Sustainable Louisiana II, LP

Explanation of Responses:

1. The Reporting Person received shares of common stock of the Issuer in exchange for shares of common stock of Enerpulse, Inc., a Delaware corporation ("Enerpulse"), in connection with the Agreement and Plan of Merger dated September 4, 2013 (the "Agreement") by and among the Issuer, Enerpulse Merger Sub, Inc., a wholly-owned subsidiary of the Issuer ("Merger Sub"), and Enerpulse.

2. Pursuant to the terms of the Agreement by and among the Issuer, Merger Sub, and Enerpulse, all of the outstanding shares of Enerpulse were exchanged for shares of common stock of the Issuer.

3. The Reporting Person is a partner at SAIL Capital Partners, an investment firm which holds securities of the Issuer through SAIL Venture Partners II, LP which it manages. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.

4. The Reporting Person is a partner at SAIL Capital Partners, an investment firm which holds securities of the Issuer through SAIL Venture Partners, LP which it manages. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.

5. The Reporting Person is a partner at SAIL Capital Partners, an investment firm which holds securities of the Issuer through SAIL Co-Investment Partners Cayman, LP which it manages. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.

6. The Reporting Person is a partner at SAIL Capital Partners, an investment firm which holds securities of the Issuer through SAIL 2010 Co-Investment Partners which it manages. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.

7. The Reporting Person is a partner at SAIL Capital Partners, an investment firm which holds securities of the Issuer through SAIL Pre-Exit Acceleration Fund, LP which it manages. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.

8. The Reporting Person is a partner at SAIL Capital Partners, an investment firm which holds securities of the Issuer through SAIL Pre-Exit Acceleration Fund II, LP which it manages. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.

9. The Reporting Person is a partner at SAIL Capital Partners, an investment firm which holds securities of the Issuer through SAIL Sustainable Louisiana II, LP which it manages. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.

10. The Reporting Person has the right to exchange a warrant to purchase shares of common stock of Enerpulse for a substantially similar warrant issued by the Issuer following the consummation of the merger by and among the Issuer, Merger Sub, and Enerpulse.

11. The warrant does not have an expiration date.

Remarks:

	/s/ Michael J. Hammons	09/06/2013
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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