0001179110-13-016073.txt : 20131104
0001179110-13-016073.hdr.sgml : 20131104
20131104181219
ACCESSION NUMBER: 0001179110-13-016073
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20131031
FILED AS OF DATE: 20131104
DATE AS OF CHANGE: 20131104
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: VERENIUM CORP
CENTRAL INDEX KEY: 0001049210
STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL ORGANIC CHEMICALS [2860]
IRS NUMBER: 223297375
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 3550 JOHN HOPKINS COURT
CITY: SAN DIEGO
STATE: CA
ZIP: 92121
BUSINESS PHONE: 858 431-8500
MAIL ADDRESS:
STREET 1: 3550 JOHN HOPKINS COURT
CITY: SAN DIEGO
STATE: CA
ZIP: 92121
FORMER COMPANY:
FORMER CONFORMED NAME: DIVERSA CORP
DATE OF NAME CHANGE: 19991201
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: RUCH JOSHUA
CENTRAL INDEX KEY: 0000943431
STATE OF INCORPORATION: NY
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-29173
FILM NUMBER: 131190368
MAIL ADDRESS:
STREET 1: 4 DUNE ROAD
CITY: EAST QUOGUE
STATE: NY
ZIP: 11942
4
1
edgar.xml
FORM 4 -
X0306
4
2013-10-31
1
0001049210
VERENIUM CORP
VRNM
0000943431
RUCH JOSHUA
152 WEST 57TH STREET, 23RD FLOOR
NEW YORK
NY
10019
1
0
0
0
Common Stock
2013-10-31
4
D
0
482190
4.00
D
0
I
See Footnote
Common Stock
2013-10-31
4
D
0
20
4.00
D
0
D
Non-Qualified Stock Option (right to buy)
2.1400
2013-10-31
4
D
0
6000
D
2021-05-26
Common Stock
6000
0
D
NNon-Qualified Stock Option (right to buy)
2.29
2013-10-31
4
D
0
6000
D
2023-06-17
Common Stock
6000
0
D
Non-Qualified Stock Option (right to buy)
3.00
2013-10-31
4
D
0
1655
D
2020-06-16
Common Stock
1655
0
D
Non-Qualified Stock Option (right to buy)
3.05
2013-10-31
4
D
0
428
D
2020-06-15
Common Stock
428
0
D
Non-Qualified Stock Option (right to buy)
3.42
2013-10-31
4
D
0
6000
D
2022-06-21
Common Stock
6000
0
D
Non-Qualified Stock Option (right to buy)
3.85
2013-10-31
4
D
0
6249
D
2019-11-12
Common Stock
6249
0
D
Warrant (right to buy)
22.44
2013-10-31
4
D
0
5753
D
2016-12-06
Common Stock
5753
0
I
See Footnote
Warrant (right to buy)
823.92
2013-10-31
4
D
0
35
D
2015-08-05
Common Stock
35
0
I
See Footnote
Pursuant the terms of that certain Agreement and Plan of Merger, dated as of September 19, 2013, by and among Verenium Corporation ("Verenium"), BASF Corporation and Pastinaca Acquisition Inc. (the "Merger Agreement") and the Offer (as defined in the Merger Agreement), each share of Verenium common stock was validly tendered for $4.00 per share in cash, subject to any required withholding of taxes.
188,223 shares tendered by Pinnacle Management Trust II ("Pinnacle Trust II"), 58,999 shares tendered by Rho Ventures IV Holdings LLC (received in a distribution (the "RMT I Distribution") from Rho Management Trust I on 12/20/11, without consideration) ("RV IV Holdings"), 27,077 shares tendered by Rho Ventures IV, L.P. ("RV IV LP"), 63,751 shares tendered by Rho Ventures IV (QP), L.P. ("RV IV QP"), 66,434 shares tendered by Rho Ventures IV GmbH & Co. Beteiligungs KG ("RV IV KG"), 641 shares tendered by Rho Investment Partners Holdings LLC (received in a distribution from Pinnacle Trust II on 12/20/11, without consideration) ("RIP LLC"), 73,019 shares tendered by Pinnacle Investment Partners "H" L.P. ("Pinnacle H"), 3,993 shares tendered by Pinnacle Management Partners, L.P. ("Pinnacle MP"), 41 shares tendered by Mr. Ruch's 401(k) Plan and 12 shares tendered by family of Mr. Ruch.
Mr. Ruch is (a) a managing member of Atlas Capital Holding L.L.C., which is the general partner of Pinnacle MP, which is the investment advisor to Pinnacle Trust II and the general partner of Pinnacle H, (b) a managing member of Rho Management Ventures IV, L.L.C., which is the general partner of RV IV LP and RV IV QP and the managing member of RV IV Holdings, (c) a managing director of Rho Capital Partners Verwaltungs GmbH, which is the general partner of RV IV KG, and (d) a managing member of Rho Capital Partners LLC, which is the managing member of RIP LLC. Mr. Ruch disclaims beneficial ownership of all of the shares held by the entities set forth in Footnote 2 except to the extent of his pecuniary interest therein.
Pursuant the terms of the Merger Agreement, each stock option held by the Reporting Person that was outstanding and unexercised as of the Purchase Time (as defined in the Merger Agreement), whether or not vested, was cancelled and converted into the right to receive $4.00 per share (minus the exercise price of the option) in cash, subject to any required withholding of taxes.
Under the terms of the Merger Agreement, all warrants having an exercise price in excess of $4.00 per share were terminated for no consideration.
1,767 were owned by RV IV KG, 721 were owned by RV IV LP, 1,696 were owned by RV IV QP and 1,569 were owned by RV IV Holdings (received in the RMT I Distribution, without consideration). Mr. Ruch disclaims beneficial ownership of all of the warrants held by these entities except to the extent of his pecuniary interest therein.
11 were owned by RV IV KG, 4 were owned by RV IV LP, 10 were owned by RV IV QP and 10 were owned by RV IV Holdings (received in the RMT I Distribution, without consideration). Mr. Ruch disclaims beneficial ownership of all of the warrants held by these entities except to the extent of his pecuniary interest therein.
s/ Joshua Ruch
2013-11-04