0001193125-12-138508.txt : 20120329 0001193125-12-138508.hdr.sgml : 20120329 20120329070238 ACCESSION NUMBER: 0001193125-12-138508 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20120329 DATE AS OF CHANGE: 20120329 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Ho Chi Sing CENTRAL INDEX KEY: 0001545806 FILING VALUES: FORM TYPE: SC 13G MAIL ADDRESS: STREET 1: UNIT 1509, THE CENTER STREET 2: 99 QUEEN'S ROAD, CENTRAL CITY: HONG KONG STATE: F4 ZIP: 00000 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MEMSIC Inc CENTRAL INDEX KEY: 0001386198 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-83653 FILM NUMBER: 12722248 BUSINESS ADDRESS: STREET 1: 800 Turnpike Street CITY: North Andover STATE: MA ZIP: 01845 BUSINESS PHONE: 9787380900 MAIL ADDRESS: STREET 1: 800 Turnpike Street CITY: North Andover STATE: MA ZIP: 01845 SC 13G 1 d325578dsc13g.htm SCHEDULE 13G Schedule 13G

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

 

 

MEMSIC, Inc. (the “Issuer”)

(Name of Issuer)

 

 

Common Stock

(Title of Class of Securities)

586264103

(CUSIP Number)

March 19, 2012

(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)

x Rule 13d-1(c)

¨ 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 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 No. 586264103   Page 2 of 5

 

  1   

NAMES OF REPORTING PERSONS

 

Chi Sing Ho

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)

(a)  ¨        (b)  ¨

 

  3  

SEC USE ONLY

 

  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

    Canada

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

     

SOLE VOTING POWER

 

    0

   6   

SHARED VOTING POWER

 

    4,725,2231

   7   

SOLE DISPOSITIVE POWER

 

    0

   8   

SHARED DISPOSITIVE POWER

 

    4,725,2231

  9

 

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

    4,725,2231

10

 

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)  ¨

 

11

 

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

    19.7%2

12

 

TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

 

    IN

 

1 

Including 4,146,394 shares of which the record owner is IDG-Accel China Growth Fund II L.P., 339,108 shares of which the record owner is IDG-Accel China Investors II L.P., 150,000 shares of which the record owner is IDG Technology Venture Investments, LP., 71,393 shares of which the record owner is IDG Technology Venture Investments, LLC, and 18,328 shares of which the record owner is IDG Technology Venture Investment III, L.P. Chi Sing Ho and Quan Zhou are directors and executive officers of IDG-Accel China Growth Fund GP II Associates Ltd., which is the ultimate general partner of both IDG-Accel China Growth Fund II L.P. and IDG-Accel China Investors II L.P. Chi Sing Ho and Quan Zhou are managing members of IDG Technology Venture Investment III, LLC, which is the general partner of IDG Technology Venture Investment III, L.P. Chi Sing Ho and Quan Zhou are managing members of IDG Technology Venture Investments, LLC, which is the general partner of IDG Technology Venture Investments, LP. By virtue of acting together to direct the management and operations of the ultimate general partners of each of the above record owners, Chi Sing Ho may be deemed to have shared voting and dispositive power with respect to these shares with Quan Zhou.

2

Based upon 23,989,323 shares of common stock outstanding as of March 13, 2012, as reported in the Issuer’s Form 10-K filed with the U.S. Securities and Exchange Commission on March 16, 2012.


CUSIP No. 586264103   SCHEDULE 13G   Page 3 of 5 Pages

 

Item 1  

(a)

   Name of Issuer:      
     MEMSIC, Inc.      
Item 1  

(b)

   Address of Issuer’s Principal Executive Offices:      
    

One Tech Drive, Suite 325,

Andover, MA 01810

     
Item 2  

(a)

   Name of Person Filing:      
     Chi Sing Ho      
    

On March 19, 2012, Chi Sing Ho replaced Patrick J. McGovern as one of the two directors and executive officers of IDG-Accel China Growth Fund GP II Associates Ltd., which is the ultimate general partner of both IDG-Accel China Growth Fund II L.P. and IDG-Accel China Investors II L.P., as one of the two managing members of IDG Technology Venture Investment III, LLC, which is the general partner of IDG Technology Venture Investment III, L.P., and as one of the two managing members of IDG Technology Venture Investments, LLC, which is the general partner of IDG Technology Venture Investments, L.P. IDG-Accel China Growth Fund II L.P., IDG-Accel China Investors II L.P., IDG Technology Venture Investments, L.P., IDG Technology Venture Investments, LLC, and IDG Technology Venture Investment III, L.P. are record owners of the shares of the Issuer reported in this filing. Quan Zhou is the other director, executive officer and/or managing member of IDG-Accel China Growth Fund GP II Associates Ltd., IDG Technology Venture Investments, LLC and IDG Technology Venture Investment III, LLC, who may be deemed to have shared voting and dispositive power with respect to these shares reported in this filing with Chi Sing Ho. Each of Chi Sing Ho and Quan Zhou disclaims the beneficial ownership of the shares reported in this filing except to the extent of his pecuniary interest therein.

     
    

Quan Zhou, IDG-Accel China Growth Fund II L.P., IDG-Accel China Growth Fund II Associates L.P., IDG-Accel China Investors II L.P., IDG-Accel China Growth Fund GP II Associates Ltd., IDG Technology Venture Investments, L.P., IDG Technology Venture Investments, LLC, IDG Technology Venture Investment III, L.P., and IDG Technology Venture Investment III, LLC previously jointly filed a Schedule 13G in relation to the shares reported in this filing on February 2, 2009, which was last amended on February 2, 2010.

     
Item 2  

(b)

   Address of Principal Business Office or, If None, Residence; Citizenship      
     For reporting person:      
    

c/o IDG VC Management Ltd.

Unit 1509, The Center

99 Queen’s Road

Central, Hong Kong

     
Item 2  

(c)

   Citizenship      
     Chi Sing Ho is a citizen of Canada.      
Item 2  

(d)

   Title of Class of Securities:      
     Common stock, par value $0.00001 per share      
Item 2  

(e)

   CUSIP Number:      
     586264103      
Item 3.   Statement Filed Pursuant to Rule 13d-1(b) or 13d-2(b) or (c):   
  Not applicable.   


CUSIP No. 586264103   SCHEDULE 13G   Page 4 of 5 Pages

 

Item 4.    Ownership      
   The information for reporting person contained in Items 5-11 of the cover page is incorporated herein by reference.      
Item 5.    Ownership of Five Percent or Less of a Class   
   Not applicable.   
Item 6.    Ownership of More Than Five Percent on Behalf of Another Person      
   Not applicable.      
Item 7.    Identification and Classification of 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.    Certifications      
   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. 586264103   SCHEDULE 13G   Page 5 of 5 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: March 29, 2012

 

CHI SING HO

/s/  Chi Sing Ho