-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, GGm6Veal5KndR1iNkC2pU1JMEiXH6UeRDhe4CDFJQIUhy3bKEw4JSDbX2SeEmfaB K5gCFtCvCG6gh290jP2UHw== 0000941655-04-000013.txt : 20040416 0000941655-04-000013.hdr.sgml : 20040416 20040415181332 ACCESSION NUMBER: 0000941655-04-000013 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 20040416 GROUP MEMBERS: HABIB KAIROUZ GROUP MEMBERS: JOSHUA RUCH GROUP MEMBERS: MARK LESCHLY SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: GENVEC INC CENTRAL INDEX KEY: 0000934473 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] IRS NUMBER: 232705690 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-60289 FILM NUMBER: 04736806 BUSINESS ADDRESS: STREET 1: 65 W WATKINS MILL RD CITY: GAITHERSBURG STATE: MD ZIP: 20878 BUSINESS PHONE: 2406320740 MAIL ADDRESS: STREET 1: 65 W WATKINS MILL RD CITY: GAITHERSBURG STATE: MD ZIP: 20878 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: RHO CAPITAL PARTNERS INC CENTRAL INDEX KEY: 0001020455 IRS NUMBER: 133087622 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 152 WEST 57TH STREET STREET 2: 23RD FLOOR CITY: NEW YORK STATE: NY ZIP: 10019 BUSINESS PHONE: 2127516677 MAIL ADDRESS: STREET 1: 152 WEST 57TH STREET STREET 2: 23RD FLOOR CITY: NEW YORK STATE: NY ZIP: 10019 FORMER COMPANY: FORMER CONFORMED NAME: RHO MANAGEMENT CO INC DATE OF NAME CHANGE: 19960806 SC 13D/A 1 r_gen13dam2.txt AMENDMENT NO. 2 TO SCHEDULE 13D UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 2)* GenVec, Inc. (Name of Issuer) Common Stock, $0.001 par value (Title of Class of Securities) 37246C109 (CUSIP Number) Jeffrey I. Martin Rho Capital Partners, Inc. 152 West 57th Street, 23rd Floor New York, New York 10019 212-751-6677 (Name, Address, and Telephone Number of Person Authorized to Receive Notices and Communications) April 12, 2004 (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 which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 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 Rule 13d-7 for other parties to whom copies are to be sent. - ----------------------- 1/ 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). This Amendment No. 2 to Schedule 13D for GenVec, Inc., a Delaware corporation, amends a statement on Schedule 13D, originally dated August 21, 2003, as amended December 4, 2003, with respect to the beneficial ownership by Rho Capital Partners, Inc., a New York corporation ("Rho"), and its controlling shareholders Joshua Ruch, Habib Kairouz and Mark Leschly, of shares of Common Stock, par value $0.001 per share, of GenVec. This Amendment is filed to amend items 6 and 7 in the Schedule 13D as previously filed. Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer On April 12, 2004, GenVec entered into a letter agreement with each of Rho Management Trust II, a Rho affiliate and registered holder of shares of GenVec Common Stock, and Joshua Ruch, a stockholder and director of GenVec, pursuant to which such persons agreed, that from April 12, 2004 until the date 30 days after completion of an offering by GenVec of shares of its Common Stock under a registration statement on Form S-3, such persons will not directly or indirectly (i) offer, sell, contract to sell or otherwise dispose of any shares of GenVec Common Stock, or (ii) enter into any swap or other agreement or transaction that transfers the economic consequences of ownership of GenVec Common Stock. The foregoing summary of the terms of the letter agreements is qualified in its entirety by reference to the full text of such agreements, which are included as Exhibits A and B to this amendment to Schedule 13D, and are incorporated herein by reference. Item 7. Material to be Filed as Exhibits The following documents are filed as exhibits: A. Letter Agreement between Rho Management Trust II and GenVec, dated April 12, 2004 B. Letter Agreement between Joshua Ruch and GenVec, dated April 12, 2004 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: April 15, 2004. RHO CAPITAL PARTNERS, INC. By: /s/ Joshua Ruch ------------------------------ Title: Chief Executive Officer JOSHUA RUCH /s/ Joshua Ruch - ---------------------------- HABIB KAIROUZ /s/ Habib Kairouz - ---------------------------- MARK LESCHLY /s/ Mark Leschly - ---------------------------- EX-99 3 r_gen13dam2-exa.txt LETTER AGREEMENT April 12, 2004 GenVec, Inc. 65 West Watkins Mill Road Gaithersburg, Maryland 20878 Ladies and Gentlemen: The undersigned is a director of GenVec, Inc. ("GenVec") and is the beneficial holder of common stock, par value $0.001 per share ("GenVec Common Stock") of GenVec. The undersigned understands that GenVec proposes, through Stonegate Securities, Inc., as placement agent, to sell shares of GenVec Common Stock to certain purchasers pursuant to an effective Registration Statement on Form S-3 filed by GenVec with the Securities and Exchange Commission pursuant to the requirements of the Securities Act of 1933, as amended (the "Offering"). The undersigned recognizes that (i) GenVec will incur substantial expense associated with the Offering, (ii) the Offering will be of benefit to the undersigned as a stockholder in GenVec and (iii) the Offering will benefit GenVec by, among other things, raising additional capital for its operations. In consideration of the foregoing, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the undersigned agrees and undertakes as follows: 1. Without the prior written consent of GenVec, during the period beginning on the date first above written and continuing to and including the date that is 30 days after the completion of the Offering (the "Lock-Up Period"), the undersigned will not, directly or indirectly offer, sell, contract to sell or otherwise dispose of, any shares of GenVec Common Stock or securities convertible into or exercisable or exchangeable for shares of GenVec Common Stock or enter into any swap or other agreement or any transaction that transfers, in whole or in part, the economic consequences of ownership of shares of GenVec Common Stock whether any such swap or other agreement is to be settled by delivery of shares of GenVec Common Stock, other securities, cash or otherwise. 2. The undersigned acknowledges and agrees that any remedy at law for breach of the foregoing provisions shall be inadequate and that, in addition to any other relief which may be available, GenVec shall be entitled to temporary and permanent injunctive relief without the necessity of proving actual damages. 3. The undersigned understands that GenVec is relying on this Agreement in proceeding toward consummation of the Offering. The undersigned further understands that this Agreement is irrevocable and shall be binding upon the undersigned's heirs, legal representatives, successors and assigns. 4. This Agreement shall terminate upon the first to occur of expiration of the Lock-Up Period, abandonment of the Offering, or the waiver or release by GenVec of the undersigned's obligations under this Agreement. IN WITNESS WHEREOF and intending to be legally binding hereby, the undersigned has executed this Agreement as of the date first above written. Very truly yours, RHO MANAGEMENT TRUST II By: Rho Capital Partners, Inc. As Investment Adviser /s/ Joshua Ruch Name: Joshua Ruch Accepted this ___th day of April, 2004 GENVEC, INC. By: Name: Paul H. Fischer, Ph.D. Title: Chief Executive Officer and President EX-99 4 r_gen13dam2-exb.txt LETTER AGREEMENT April 12, 2004 GenVec, Inc. 65 West Watkins Mill Road Gaithersburg, Maryland 20878 Ladies and Gentlemen: The undersigned is a director of GenVec, Inc. ("GenVec") and is the beneficial holder of common stock, par value $0.001 per share ("GenVec Common Stock") of GenVec. The undersigned understands that GenVec proposes, through Stonegate Securities, Inc., as placement agent, to sell shares of GenVec Common Stock to certain purchasers pursuant to an effective Registration Statement on Form S-3 filed by GenVec with the Securities and Exchange Commission pursuant to the requirements of the Securities Act of 1933, as amended (the "Offering"). The undersigned recognizes that (i) GenVec will incur substantial expense associated with the Offering, (ii) the Offering will be of benefit to the undersigned as a stockholder in GenVec and (iii) the Offering will benefit GenVec by, among other things, raising additional capital for its operations. In consideration of the foregoing, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the undersigned agrees and undertakes as follows: 1. Without the prior written consent of GenVec, during the period beginning on the date first above written and continuing to and including the date that is 30 days after the completion of the Offering (the "Lock-Up Period"), the undersigned will not, directly or indirectly offer, sell, contract to sell or otherwise dispose of, any shares of GenVec Common Stock or securities convertible into or exercisable or exchangeable for shares of GenVec Common Stock or enter into any swap or other agreement or any transaction that transfers, in whole or in part, the economic consequences of ownership of shares of GenVec Common Stock whether any such swap or other agreement is to be settled by delivery of shares of GenVec Common Stock, other securities, cash or otherwise. 2. The undersigned acknowledges and agrees that any remedy at law for breach of the foregoing provisions shall be inadequate and that, in addition to any other relief which may be available, GenVec shall be entitled to temporary and permanent injunctive relief without the necessity of proving actual damages. 3. The undersigned understands that GenVec is relying on this Agreement in proceeding toward consummation of the Offering. The undersigned further understands that this Agreement is irrevocable and shall be binding upon the undersigned's heirs, legal representatives, successors and assigns. 4. This Agreement shall terminate upon the first to occur of expiration of the Lock-Up Period, abandonment of the Offering, or the waiver or release by GenVec of the undersigned's obligations under this Agreement. IN WITNESS WHEREOF and intending to be legally binding hereby, the undersigned has executed this Agreement as of the date first above written. Very truly yours, Name: Joshua Ruch Accepted this ___th day of April, 2004 GENVEC, INC. By: Name: Paul H. Fischer, Ph.D. Title: Chief Executive Officer and President -----END PRIVACY-ENHANCED MESSAGE-----