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*
INTERWEST PARTNERS VIII LP

(Last) (First) (Middle)
2710 SAND HILL ROAD
SECOND FLOOR

(Street)
MENLO PARK CA 94025

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ANESIVA, INC. [ ANSV ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
12/18/2007
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X 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)
Code V Amount (A) or (D) Price
Common 12/18/2007 P 1,905,581 A $4.05 4,627,266(1) D
Common 12/18/2007 P 15,210 A $4.05 37,079(2) I By InterWest Investors VIII, L.P.
Common 12/18/2007 P 54,518 A $4.05 132,388(3) I By InterWest Investors Q VIII, L.P.
Common 278 I By Harvey B. Cash
Common 2,237 I By Christopher B. Ehrlich
Common 320 I By Philip T. Gianos
Common 96 I By W. Scott Hedrick
Common 78 I By W. Stephen Holmes
Common 12,282 I By Gilbert H. Kliman
Common 159 I By H. Ronald Nash
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
1. Name and Address of Reporting Person*
INTERWEST PARTNERS VIII LP

(Last) (First) (Middle)
2710 SAND HILL ROAD
SECOND FLOOR

(Street)
MENLO PARK CA 94025

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
INTERWEST INVESTORS VIII L P

(Last) (First) (Middle)
2710 SAND HILL ROAD
SECOND FLOOR

(Street)
MENLO PARK CA 94025

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
INTERWEST INVESTORS Q VIII LP

(Last) (First) (Middle)
2710 SAND HILL ROAD
SECOND FLOOR

(Street)
MENLO PARK CA 94025

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
CASH HARVEY B

(Last) (First) (Middle)
2710 SAND HILL ROAD
SECOND FLOOR

(Street)
MENLO PARK CA 94025

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Ehrlich Christopher B

(Last) (First) (Middle)
2710 SAND HILL ROAD
SECOND FLOOR

(Street)
MENLO PARK CA 94025

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
GIANOS PHILIP T

(Last) (First) (Middle)
2710 SAND HILL ROAD
SECOND FLOOR

(Street)
MENLO PARK CA 94025

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
HEDRICK W SCOTT

(Last) (First) (Middle)
2710 SAND HILL ROAD
SECOND FLOOR

(Street)
MENLO PARK CA 94025

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Holmes W Stephen

(Last) (First) (Middle)
2710 SAND HILL ROAD
SECOND FLOOR

(Street)
MENLO PARK CA 94025

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Kliman Gilbert H

(Last) (First) (Middle)
2710 SAND HILL ROAD
SECOND FLOOR

(Street)
MENLO PARK CA 94025

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Nash H Ronald

(Last) (First) (Middle)
2710 SAND HILL ROAD
SECOND FLOOR

(Street)
MENLO PARK CA 94025

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
Explanation of Responses:
1. The shares are owned by InterWest Partners VIII, L.P. ("IW8"). InterWest Management Partners VIII, LLC ("IMP8") is the general partner of IW8. Harvey B. Cash, Philip T. Gianos, W. Scott Hedrick, W. Stephen Holmes, Gilbert H. Kliman, Arnold L. Oronsky, Thomas L. Rosch, and Michael B. Sweeney are Managing Directors of IMP8 and Christopher B. Ehrlich, and H. Ronald Nash are Venture Members of IMP8. Each of the reporting persons disclaims ownership of the shares reported, except to the extent of their pecuniary interest therein.
2. The shares are owned by InterWest Investors VIII, L.P. ("ii8"). InterWest Management Partners VIII, LLC ("IMP8") is the general partner of ii8. Harvey B. Cash, Philip T. Gianos, W. Scott Hedrick, W. Stephen Holmes, Gilbert H. Kliman, Arnold L. Oronsky, Thomas L. Rosch, and Michael B. Sweeney are Managing Directors of IMP8 and Christopher B. Ehrlich, and H. Ronald Nash are Venture Members of IMP8. Each of the reporting persons disclaims ownership of the shares reported, except to the extent of their pecuniary interest therein.
3. The shares are owned by InterWest Investors Q VIII, L.P. ("iiQ8"). InterWest Management Partners VIII, LLC ("IMP8") is the general partner of iiQ8. Harvey B. Cash, Philip T. Gianos, W. Scott Hedrick, W. Stephen Holmes, Gilbert H. Kliman, Arnold L. Oronsky, Thomas L. Rosch, and Michael B. Sweeney are Managing Directors of IMP8 and Christopher B. Ehrlich, and H. Ronald Nash are Venture Members of IMP8. Each of the reporting persons disclaims ownership of the shares reported, except to the extent of their pecuniary interest therein.
Remarks:
Due to limitations of the EDGAR software, this Form 4 is filed on behalf of InterWest Partners VIII, LP and certain other Reporting Persons, and is being filed on two Forms 4 (Part I and Part II) (collectively, the "InterWest Form 4"). This filing represents Part I of the InterWest Form 4 and should be read together with Part II. Part I and Part II of the InterWest Form 4 shall constitute one filing.
/s/ Gilbert H. Kliman, Managing Director 12/20/2007
/s/ Gilbert H. Kliman, Managing Director 12/20/2007
/s/ Gilbert H. Kliman, Managing Director 12/20/2007
/s/ Harvey B. Cash by Karen A. Wilson Power of Attorney 12/20/2007
/s/ Christopher B. Ehrlich by Karen A. Wilson Power of Attorney 12/20/2007
/s/ Philip T. Gianos by Karen A. Wilson Power of Attorney 12/20/2007
/s/ W. Scott Hedrick by Karen A. Wilson Power of Attorney 12/20/2007
/s/ W. Stephen Holmes by Karen A. Wilson Power of Attorney 12/20/2007
/s/ Gilbert H. Kliman by Karen A. Wilson Power of Attorney 12/20/2007
/s/ H. Ronald Nash by Karen A. Wilson Power of Attorney 12/20/2007
** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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