0001193125-17-031937.txt : 20170206 0001193125-17-031937.hdr.sgml : 20170206 20170206171402 ACCESSION NUMBER: 0001193125-17-031937 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20170206 DATE AS OF CHANGE: 20170206 GROUP MEMBERS: APPLIED VENTURES, LLC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ADESTO TECHNOLOGIES Corp CENTRAL INDEX KEY: 0001395848 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 161755067 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-89166 FILM NUMBER: 17576391 BUSINESS ADDRESS: STREET 1: 3600 PETERSON WAY CITY: SANTA CLARA STATE: CA ZIP: 95054 BUSINESS PHONE: 408-400-0578 MAIL ADDRESS: STREET 1: 3600 PETERSON WAY CITY: SANTA CLARA STATE: CA ZIP: 95054 FORMER COMPANY: FORMER CONFORMED NAME: ADESTO TECHNOLOGIES CORP DATE OF NAME CHANGE: 20070406 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: APPLIED MATERIALS INC /DE CENTRAL INDEX KEY: 0000006951 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 941655526 STATE OF INCORPORATION: DC FISCAL YEAR END: 1030 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 3050 BOWERS AVE CITY: SANTA CLARA STATE: CA ZIP: 95054-3299 BUSINESS PHONE: 4087275555 MAIL ADDRESS: STREET 1: 3050 BOWERS AVE CITY: SANTA CLARA STATE: CA ZIP: 95054-3299 FORMER COMPANY: FORMER CONFORMED NAME: APPLIED MATERIALS TECHNOLOGY INC DATE OF NAME CHANGE: 19730319 SC 13G/A 1 d336739dsc13ga.htm SCHEDULE 13G AMENDMENT NO: 1 Schedule 13G Amendment No: 1

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

 

SCHEDULE 13G

(Amendment No: 1)*

Under the Securities Exchange Act of 1934

 

 

Adesto Technologies Corporation

(Name of Issuer)

Common Stock, par value $0.0001 per share

(Title of Class of Securities)

00687D101

(CUSIP Number)

December 31, 2016

(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)

☐ 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).

 

 

 

 

  1   

Name of reporting persons

 

Applied Materials, Inc.

  2  

Check the appropriate box if a member of a group

(a)  ☐        (b)  ☐

 

  3  

SEC use only

 

  4  

Citizenship or place of organization

 

Delaware

Number of

shares

beneficially

owned by

each

reporting

person

with

    5    

Sole voting power

 

0

   6   

Shared voting power

 

1,503,651

   7   

Sole dispositive power

 

0

   8   

Shared dispositive power

 

1,503,651

  9  

Aggregate amount beneficially owned by each reporting person

 

1,503,651

10  

Check box if the aggregate amount in Row (9) excludes certain shares

 

☐

11  

Percent of class represented by amount in Row 9

 

9.7%

12  

Type of reporting person

 

CO

 

 

  1   

Name of reporting persons

 

Applied Ventures, LLC

  2  

Check the appropriate box if a member of a group

(a)  ☐        (b)  ☐

 

  3  

SEC use only

 

  4  

Citizenship or place of organization

 

Delaware

Number of

shares

beneficially

owned by

each

reporting

person

with

    5    

Sole voting power

 

0

   6   

Shared voting power

 

1,503,651

   7   

Sole dispositive power

 

0

   8   

Shared dispositive power

 

1,503,651

  9  

Aggregate amount beneficially owned by each reporting person

 

1,503,651

10  

Check box if the aggregate amount in Row (9) excludes certain shares

 

☐

11  

Percent of class represented by amount in Row 9

 

9.7%

12  

Type of reporting person

 

OO

 

SCHEDULE 13G

 

Item 1.         

  

(a)

    Name of Issuer:
      Adesto Technologies Corp. (the “Company”)
  

(b)

    Address of Issuer’s Principal Executive Offices:
      3600 Peterson Way
      Santa Clara, CA 95054

Item 2.         

  

(a)

    Name of Person Filing:
      Applied Materials, Inc. (“Applied”)
      Applied Ventures, LLC (“Ventures”)
  

(b)

    Address of Principal Business Office or, if none, Residence:
      3050 Bowers Ave.
      Santa Clara, CA 95054
  

(c)

    Citizenship:
      Applied Materials, Inc:    Delaware
      Applied Ventures, LLC:    Delaware
  

(d)

   Title of Class of Securities:
      Common Stock, $0.0001 par value per share (the “Common Stock”)
  

(e)

   CUSIP Number:   
      00687D101   
Item 3. If this statement is filed pursuant to §§240.13d—1(b) or 240.13d—2(b) or (c), check whether the person filing is a:
  

Not applicable.

Item 4.     Ownership.

Shares of Common Stock are owned directly by Ventures, a wholly owned subsidiary of Applied. Applied is the indirect beneficial owner of the reported securities. The percentage of beneficial ownership herein is determined by dividing the number of shares of Common Stock beneficially owned, 1,503,651, by the number of shares of Common Stock outstanding, 15,489,951, as of November 7, 2016, as disclosed on the Company’s Quarterly Report on Form 10-Q filed on November 14, 2016.
  

(a)

    Amount Beneficially Owned:
      Applied Materials, Inc.:    1,503,651
      Applied Ventures, LLC:    1,503,651
  

(b)

    Percent of Class:   
      Applied Materials, Inc.:    9.7%
      Applied Ventures, LLC:    9.7%

  

(c)

   Number of shares as to which such person has:
      (i) Sole power to vote or to direct the vote:
     

Applied Materials, Inc.:

    0
     

Applied Ventures, LLC:

    0
     

(ii) Shared power to vote or to direct the vote:

     

Applied Materials, Inc.:

    1,503,651
     

Applied Ventures, LLC:

    1,503,651
     

(iii) Sole power to dispose or to direct the disposition of:

     

Applied Materials, Inc.:

    0
     

Applied Ventures, LLC:

    0
     

(iv) Shared power to dispose or to direct the disposition of:

     

Applied Materials, Inc.:

    1,503,651
     

Applied Ventures, LLC:

    1,503,651

 

Item 5. Ownership of Five Percent or Less of a Class.

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following  ☐.

 

Item 6. Ownership of More than Five Percent on Behalf of Another Person.

Not applicable.

Item 7. Identification and Classification of the 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. Certification.

Not applicable.

SIGNATURES

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.

 

Date: February 6, 2017     APPLIED MATERIALS, INC.
    By:  

/s/ Thomas F. Larkins

    Name:   Thomas F. Larkins
    Title:   Senior Vice President, General Counsel and Corporate Secretary
Date: February 6, 2017     APPLIED VENTURES, LLC
    By:  

/s/ Hann-Ching Chao

    Name:   Hann-Ching Chao
    Title:   General Manager, Investment Director