UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
Tremor Video, Inc.
(Name of Issuer)
COMMON STOCK, $0.0001 PAR VALUE PER SHARE
(Title of Class of Securities)
89484Q100
(CUSIP Number)
December 31, 2013
(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)
x 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 the disclosures provided in a prior cover page. |
The information required in 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).
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1. | | Names of reporting persons W Capital Partners II, L.P. |
2. | | Check the appropriate box if a member of a group (a) ¨ (b) x |
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 5,251,886 |
| 6. | | Shared voting power -0- |
| 7. | | Sole dispositive power 5,251,886 |
| 8. | | Shared dispositive power -0- |
9. | | Aggregate amount beneficially owned by each reporting person 5,251,886 |
10. | | Check box if the aggregate amount in Row (9) excludes certain shares ¨ |
11. | | Percent of class represented by amount in Row 9 10.6%1 |
12. | | Type of reporting person PN |
1 | The percent of class was calculated based on 49,657,777 shares of common stock issued and outstanding as of November 11, 2013, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 14, 2013. |
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1. | | Names of reporting persons WCP GP II, L.P. |
2. | | Check the appropriate box if a member of a group (a) ¨ (b) x |
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 5,251,886 |
| 6. | | Shared voting power -0- |
| 7. | | Sole dispositive power 5,251,886 |
| 8. | | Shared dispositive power -0- |
9. | | Aggregate amount beneficially owned by each reporting person 5,251,886 |
10. | | Check box if the aggregate amount in Row (9) excludes certain shares ¨ |
11. | | Percent of class represented by amount in Row 9 10.6%1 |
12. | | Type of reporting person PN |
1 | The percent of class was calculated based on 49,657,777 shares of common stock issued and outstanding as of November 11, 2013, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 14, 2013. |
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1. | | Names of reporting persons WCP GP II, LLC |
2. | | Check the appropriate box if a member of a group (a) ¨ (b) x |
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 5,251,886 |
| 6. | | Shared voting power -0- |
| 7. | | Sole dispositive power 5,251,886 |
| 8. | | Shared dispositive power -0- |
9. | | Aggregate amount beneficially owned by each reporting person 5,251,886 |
10. | | Check box if the aggregate amount in Row (9) excludes certain shares ¨ |
11. | | Percent of class represented by amount in Row 9 10.6%1 |
12. | | Type of reporting person OO |
1 | The percent of class was calculated based on 49,657,777 shares of common stock issued and outstanding as of November 11, 2013, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 14, 2013. |
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Item 1. | | Issuer |
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| | (a) | | Name of Issuer: |
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| | | | Tremor Video, Inc. (the “Issuer”) |
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| | (b) | | Address of Issuer’s Principal Executive Offices: |
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| | | | 53 West 23rd Street New York, NY 10010 |
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Item 2. | | Filing Person |
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| | (a) – (c) | | Name of Persons Filing; Address; Citizenship: |
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| | | | (i) W Capital Partners II, L.P., a Delaware limited partnership (the “Fund”); (ii) WCP GP II, L.P., a Delaware limited partnership (“W GPLP”), the sole general partner of the Fund; and (iii) WCP GP II, LLC, a Delaware limited liability company (“W GPLLC” and collectively with the Fund and W GPLP, the “Reporting Persons”), the sole general partner of W GPLP; The address of the principal business office of all Reporting Persons is One East 52nd St., 5th Floor, New York, NY 10022. |
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| | (d) | | Title of Class of Securities: |
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| | | | Common stock, $0.0001 par value per share, (the “Common Stock”) |
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| | (e) | | CUSIP Number: 89484Q100 |
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Item 3. | | If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a: |
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| | (a) | | ¨ | | Broker or dealer registered under Section 15 of the Act; |
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| | (b) | | ¨ | | Bank as defined in Section 3(a)(6) of the Act; |
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| | (c) | | ¨ | | Insurance company as defined in Section 3(a)(19) of the Act; |
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| | (d) | | ¨ | | Investment company registered under Section 8 of the Investment Company Act of 1940; |
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| | (e) | | ¨ | | An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); |
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| | (f) | | ¨ | | An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F); |
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| | (g) | | ¨ | | A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G); |
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| | (h) | | ¨ | | A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); |
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| | (i) | | ¨ | | A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940; |
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| | (j) | | ¨ | | A non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J); |
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| | (k) | | ¨ | | Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J), please specify the type of institution: |
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| | If filing as a non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J), please specify the type of institution: |
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Item 4. | | Ownership. |
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| | (a) and (b) Amount beneficially owned: |
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| | | | | | (i) | | The Fund directly owns 5,251,886 shares of Common Stock, which represents approximately 10.6% of the outstanding shares of Common Stock. |
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| | | | | | (ii) | | W GPLP is the sole general partner of the Fund and may be deemed to beneficially own 5,251,886 shares of Common Stock, which represents approximately 10.6% of the outstanding shares of Common Stock. |
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| | | | | | (iii) | | W GPLLC is the sole general partner of W GPLP and may be deemed to beneficially own 5,251,886 shares of Common Stock, which represents approximately 10.6% of the outstanding shares of Common Stock. |
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| | (c) | | Number of shares as to which such person has: |
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| | Number of Shares of Common Stock | |
Reporting Person | | (i) | | | (ii) | | | (iii) | | | (iv) | |
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W Capital Partners II, L.P. | | | 5,251,886 | | | | -0- | | | | 5,251,886 | | | | -0- | |
WCP GP II, L.P. | | | 5,251,886 | | | | -0- | | | | 5,251,886 | | | | -0- | |
WCP GP II, LLC | | | 5,251,886 | | | | -0- | | | | 5,251,886 | | | | -0- | |
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| | | | (i) | | Sole power to vote or direct the vote |
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| | | | (ii) | | Shared power to vote or to direct the vote |
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| | | | (iii) | | Sole power to dispose or to direct the disposition of |
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| | | | (iv) | | Shared power to dispose or to direct the disposition of |
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| | The percent of class was calculated based on 49,657,777 shares of common stock issued and outstanding as of November 11, 2013, as disclosed in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 14, 2013. |
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Item 5. | | Ownership of Five Percent or Less of a Class. Not applicable. |
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Item 6. | | Ownership of More than Five Percent on Behalf of Another Person. Not applicable. |
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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. |
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Item 8. | | Identification and Classification of Members of the Group. Not applicable. |
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Item 9. | | Notice of Dissolution of Group. Not applicable. |
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Item 10. | | Certification. Not applicable. |
Material to be Filed as Exhibits.
Exhibit 1 – Agreement regarding filing of joint Schedule 13G.
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.
Date: February 13, 2014
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W CAPITAL PARTNERS II, L.P. |
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By: | | WCP GP II, L.P., its General Partner |
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| | By: | | WCP GP II, LLC, its General Partner |
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| | | | By: | | /s/ David Wachter |
| | | | David Wachter, Managing Member |
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WCP GP II, L.P., its General Partner |
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By: | | WCP GP II, LLC, its General Partner |
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| | By: | | /s/ David Wachter |
| | | | David Wachter, Managing Member |
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WCP GP II, LLC, its General Partner |
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| | By: | | /s/ David Wachter |
| | | | David Wachter, Managing Member |
Exhibit 1
Joint Filing Agreement
The undersigned acknowledge and agree that the foregoing statement on Schedule 13G is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13G shall be filed on behalf of each of the undersigned without the necessity of filing additional joint filing statements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him, her or it contained herein, but shall not be responsible for the completeness and accuracy of the information concerning the other entities or persons, except to the extent that he, she or it knows or has reason to believe that such information is inaccurate.
EXECUTED this 13th day of February, 2014
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W CAPITAL PARTNERS II, L.P. |
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By: | | WCP GP II, L.P., its General Partner |
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| | By: | | WCP GP II, LLC, its General Partner |
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| | | | By: | | /s/ David Wachter |
| | | | David Wachter, Managing Member |
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WCP GP II, L.P., its General Partner |
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By: | | WCP GP II, LLC, its General Partner |
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| | By: | | /s/ David Wachter |
| | | | David Wachter, Managing Member |
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WCP GP II, LLC, its General Partner |
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| | By: | | /s/ David Wachter |
| | | | David Wachter, Managing Member |