UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
______________
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 2)*
(Name of Issuer)
Common Stock, $.0002 par value per share
(Title of Class of Securities)
(CUSIP Number)
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
oRule 13d-1(b)
oRule 13d-1(c)
*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).
CUSIP No. 36112J107 | 13G | Page 2 of 20 |
1 | NAMES OF REPORTING PERSONS New Enterprise Associates 12, Limited Partnership |
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) o (b) o |
3 | SEC USE ONLY |
4 | CITIZENSHIP OR PLACE OF ORGANIZATION Delaware |
NUMBER OF | 5 | SOLE VOTING POWER 0 shares |
SHARES BENEFICIALLY OWNED BY | 6 | SHARED VOTING POWER |
EACH REPORTING PERSON | 7 | SOLE DISPOSITIVE POWER 0 shares |
WITH | 8 | SHARED DISPOSITIVE POWER |
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) o |
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.7% |
12 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) PN |
CUSIP No. 36112J107 | 13G | Page 3 of 20 |
1 | NAMES OF REPORTING PERSONS NEA Partners 12, Limited Partnership |
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) o (b) o |
3 | SEC USE ONLY |
4 | CITIZENSHIP OR PLACE OF ORGANIZATION Delaware |
NUMBER OF | 5 | SOLE VOTING POWER 0 shares |
SHARES BENEFICIALLY OWNED BY | 6 | SHARED VOTING POWER |
EACH REPORTING PERSON | 7 | SOLE DISPOSITIVE POWER 0 shares |
WITH | 8 | SHARED DISPOSITIVE POWER |
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) o |
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 |
12 | PN |
CUSIP No. 36112J107 | 13G | Page 4 of 20 |
1 | NAMES OF REPORTING PERSONS NEA 12 GP, LLC |
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) o (b) o |
3 | SEC USE ONLY |
4 | CITIZENSHIP OR PLACE OF ORGANIZATION Delaware |
NUMBER OF | 5 | SOLE VOTING POWER 0 shares |
SHARES BENEFICIALLY OWNED BY | 6 | SHARED VOTING POWER |
EACH REPORTING PERSON | 7 | SOLE DISPOSITIVE POWER 0 shares |
WITH | 8 | SHARED DISPOSITIVE POWER |
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) o |
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 |
12 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) OO |
CUSIP No. 36112J107 | 13G | Page 5 of 20 |
1 | NAMES OF REPORTING PERSONS M. James Barrett |
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) o (b) o |
3 | SEC USE ONLY |
4 | CITIZENSHIP OR PLACE OF ORGANIZATION United States |
NUMBER OF | 5 | SOLE VOTING POWER 0 shares |
SHARES BENEFICIALLY OWNED BY | 6 | SHARED VOTING POWER |
EACH REPORTING PERSON | 7 | SOLE DISPOSITIVE POWER 0 shares |
WITH | 8 | SHARED DISPOSITIVE POWER |
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) o |
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 |
12 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN |
CUSIP No. 36112J107 | 13G | Page 6 of 20 |
1 | NAMES OF REPORTING PERSONS Peter J. Barris |
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) o (b) o |
3 | SEC USE ONLY |
4 | CITIZENSHIP OR PLACE OF ORGANIZATION United States |
NUMBER OF | 5 | SOLE VOTING POWER |
SHARES BENEFICIALLY OWNED BY | 6 | SHARED VOTING POWER |
EACH REPORTING PERSON | 7 | SOLE DISPOSITIVE POWER |
WITH | 8 | SHARED DISPOSITIVE POWER |
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) o |
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 |
12 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN |
CUSIP No. 36112J107 | 13G | Page 7 of 20 |
1 | NAMES OF REPORTING PERSONS Forest Baskett |
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) o (b) o |
3 | SEC USE ONLY |
4 | CITIZENSHIP OR PLACE OF ORGANIZATION United States |
NUMBER OF | 5 | SOLE VOTING POWER |
SHARES BENEFICIALLY OWNED BY | 6 | SHARED VOTING POWER |
EACH REPORTING PERSON | 7 | SOLE DISPOSITIVE POWER |
WITH | 8 | SHARED DISPOSITIVE POWER |
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) o |
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 |
12 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN |
CUSIP No. 36112J107 | 13G | Page 8 of 20 |
1 | NAMES OF REPORTING PERSONS Ryan D. Drant |
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) o (b) o |
3 | SEC USE ONLY |
4 | CITIZENSHIP OR PLACE OF ORGANIZATION United States |
NUMBER OF | 5 | SOLE VOTING POWER |
SHARES BENEFICIALLY OWNED BY | 6 | SHARED VOTING POWER |
EACH REPORTING PERSON | 7 | SOLE DISPOSITIVE POWER |
WITH | 8 | SHARED DISPOSITIVE POWER |
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) o |
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.7% |
12 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN |
CUSIP No. 36112J107 | 13G | Page 9 of 20 |
1 | NAMES OF REPORTING PERSONS Patrick J. Kerins |
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) o (b) o |
3 | SEC USE ONLY |
4 | CITIZENSHIP OR PLACE OF ORGANIZATION United States |
NUMBER OF | 5 | SOLE VOTING POWER 0 shares |
SHARES BENEFICIALLY OWNED BY | 6 | SHARED VOTING POWER |
EACH REPORTING PERSON | 7 | SOLE DISPOSITIVE POWER 0 shares |
WITH | 8 | SHARED DISPOSITIVE POWER |
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) o |
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.7% |
12 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN |
CUSIP No. 36112J107 | 13G | Page 10 of 20 |
1 | NAMES OF REPORTING PERSONS Krishna S. Kolluri |
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) o (b) o |
3 | SEC USE ONLY |
4 | CITIZENSHIP OR PLACE OF ORGANIZATION United States |
NUMBER OF | 5 | SOLE VOTING POWER 0 shares |
SHARES BENEFICIALLY OWNED BY | 6 | SHARED VOTING POWER |
EACH REPORTING PERSON | 7 | SOLE DISPOSITIVE POWER 0 shares |
WITH | 8 | SHARED DISPOSITIVE POWER |
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) o |
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.7% |
12 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN |
CUSIP No. 36112J107 | 13G | Page 11 of 20 |
1 | NAMES OF REPORTING PERSONS Scott D. Sandell |
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) o (b) o |
3 | SEC USE ONLY |
4 | CITIZENSHIP OR PLACE OF ORGANIZATION United States |
NUMBER OF | 5 | SOLE VOTING POWER |
SHARES BENEFICIALLY OWNED BY | 6 | SHARED VOTING POWER |
EACH REPORTING PERSON | 7 | SOLE DISPOSITIVE POWER |
WITH | 8 | SHARED DISPOSITIVE POWER |
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) o |
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.8% |
12 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN |
CUSIP No. 36112J107 | 13G | Page 12 of 20 |
Item 1(a). | Name of Issuer: |
Fusion-io, Inc. (the “Issuer”).
Item 1(b). | Address of Issuer’s Principal Executive Offices: |
2855 E. Cottonwood Parkway, Suite 100, Salt Lake City, Utah 84121.
Item 2(a). | Names of Persons Filing: |
New Enterprise Associates 12, Limited Partnership (“NEA 12”); NEA Partners 12, Limited Partnership (“NEA Partners 12”), which is the sole general partner of NEA 12; NEA 12 GP, LLC (“NEA 12 GP”), which is the sole general partner of NEA Partners 12; and M. James Barrett (“Barrett”), Peter J. Barris (“Barris”), Forest Baskett (“Baskett”), Ryan D. Drant (“Drant”), Patrick J. Kerins (“Kerins”), Krishna S. Kolluri (“Kolluri”) and Scott D. Sandell (“Sandell”) (collectively, the “Managers”). The Managers are the individual managers of NEA 12 GP. The persons named in this paragraph are referred to individually herein as a “Reporting Person” and collectively as the “Reporting Persons.”
Item 2(b). | Address of Principal Business Office or, if None, Residence: |
The address of the principal business office of NEA 12, NEA Partners 12 and NEA 12 GP is New Enterprise Associates, 1954 Greenspring Drive, Suite 600, Timonium, MD 21093. The address of the principal business office of Baskett, Kolluri and Sandell is New Enterprise Associates, 2855 Sand Hill Road, Menlo Park, California 94025. The address of the principal business office of Barrett, Barris, Drant and Kerins is New Enterprise Associates, 5425 Wisconsin Avenue, Suite 800, Chevy Chase, MD 20815.
Each of NEA 12 and NEA Partners 12 is a limited partnership organized under the laws of the State of Delaware. NEA 12 GP is a limited liability company organized under the laws of the State of Delaware. Each of the Managers is a United States citizen.
Item 2(d). | Title of Class of Securities: |
Common Stock, $.0002 par value (“Common Stock”).
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: |
CUSIP No. 36112J107 | 13G | Page 13 of 20 |
(a) | Amount beneficially owned: NEA 12 is the record owner of 7,038,379 shares of Common Stock as of December 31, 2013 (the “NEA 12 Shares”). As the sole general partner of NEA 12, NEA Partners 12 may be deemed to own beneficially the NEA 12 Shares. As the general partner of NEA Partners 12, NEA 12 GP likewise may be deemed to own beneficially the NEA 12 Shares. As the individual managers of NEA 12 GP, each of the Managers also may be deemed to own beneficially the NEA 12 Shares. |
As of December 31, 2013, PDB, LLC is the record owner of 2,401 shares of Common Stock (the “PDB Shares”) and PJ Barris, LLC is the record owner of 9,564 shares of Common Stock (the “PJ Barris Shares”). As the investment advisor of PDB, LLC and a member of PJ Barris, LLC, Barris may be deemed to own beneficially the PDB Shares and the PJ Barris Shares in addition to the NEA 12 Shares.
As of December 31, 2013, Baskett is the record owner of 15,000 shares of Common Stock (the “Baskett Shares”) as well as options to purchase 102,500 shares of Common Stock (the “Baskett Option Shares”) exercisable within sixty days. Accordingly, Baskett may be deemed to be the beneficial owner of the Baskett Shares and the Baskett Option Shares in addition to the NEA 12 Shares.
As of December 31, 2013, Drant is the record owner of 7,364 shares of Common Stock (the “Drant Shares”) and the Ryan Drant 2006 Family Trust (the “Drant Family Trust”) is the record owner of 384 shares of Common Stock (the “Drant Family Trust Shares”). As an affiliate of the Drant Family Trust, Drant may be deemed to own beneficially the Drant Family Trust Shares in addition to the Drant Shares and the NEA 12 Shares.
As of December 31, 2013, Sandell is the record owner of options to purchase 102,500 shares of Common Stock (the “Sandell Option Shares”) exercisable within sixty days and The Sandell Family Trust is the record owner of 1,184 shares of Common Stock (the “Sandell Trust Shares”). Accordingly, as trustee of The Sandell Family Trust, Sandell may be deemed to own beneficially the Sandell Trust Shares and the Sandell Option Shares in addition to the NEA 12 Shares.
(b) | Percent of Class: See Line 11 of cover sheets. The percentages set forth on the cover sheets for each Reporting Person other than Baskett and Sandell are calculated based on 105,480,908 shares of Common Stock (the “10-Q Shares”) reported by the Issuer to be outstanding as of November 1, 2013 on Form 10-Q filed with the Securities and Exchange Commission on November 8, 2013. The percentage set forth on the cover sheet for Baskett is calculated based on 105,583,408 shares, which includes the 10-Q Shares and the Baskett Option Shares. The percentage set forth on the cover sheet for Sandell is calculated based on 105,583,408 shares, which includes the 10-Q Shares and the Sandell Option Shares. |
(c) | Number of shares as to which such person has: |
(i) | sole power to vote or to direct the vote: See Line 5 of cover sheets. |
(ii) | shared power to vote or to direct the vote: See Line 6 of cover sheets. |
(iii) | sole power to dispose or to direct the disposition of: See Line 7 of cover sheets. |
(iv) | shared power to dispose or to direct the disposition of: See Line 8 of cover sheets. |
Each Reporting Person disclaims beneficial ownership of such shares of Common Stock except for the shares, if any, such Reporting Person holds of record.
CUSIP No. 36112J107 | 13G | Page 14 of 20 |
Item 5. | Ownership of Five Percent or Less of a Class. |
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. |
Item 8. | Identification and Classification of Members of the Group. |
| Not applicable. The Reporting Persons expressly disclaim membership in a “group” as used in Rule 13d-5(b). |
Item 9. | Notice of Dissolution of Group. |
| Not applicable. This Schedule 13G is not filed pursuant to Rule 13d-1(b) or Rule 13d-1(c). |
Material to be Filed as Exhibits.
Exhibit 1 – Agreement regarding filing of joint Schedule 13G.
Exhibit 2 – Power of Attorney regarding filings under the Securities Exchange Act of 1934, as amended.
CUSIP No. 36112J107 | 13G | Page 15 of 20 |
SIGNATURE
After reasonable inquiry and to the best of its knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.
Date: February 12th, 2014
NEW ENTERPRISE ASSOCIATES 12, LIMITED PARTNERSHIP
By: | NEA PARTNERS 12, LIMITED PARTNERSHIP |
General Partner
By: *
Peter J. Barris
Manager
NEA PARTNERS 12, LIMITED PARTNERSHIP
General Partner
Manager
NEA 12 GP, LLC
By: *
Peter J. Barris
Manager
CUSIP No. 36112J107 | 13G | Page 16 of 20 |
| */s/ Louis S. Citron
As attorney-in-fact |
This Amendment No. 2 to Schedule 13G was executed by Louis S. Citron on behalf of the individuals listed above pursuant to a Power of Attorney a copy of which is attached as Exhibit 2.
CUSIP No. 36112J107 | 13G | Page 17 of 20 |
EXHIBIT 1
AGREEMENT
Pursuant to Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, the undersigned hereby agree that only one statement containing the information required by Schedule 13G need be filed with respect to the ownership by each of the undersigned of shares of stock of Fusion-io, Inc.
EXECUTED this 12th day of February, 2014
NEW ENTERPRISE ASSOCIATES 12, LIMITED PARTNERSHIP
By: | NEA PARTNERS 12, LIMITED PARTNERSHIP |
General Partner
By: *
Peter J. Barris
Manager
NEA PARTNERS 12, LIMITED PARTNERSHIP
General Partner
Manager
NEA 12 GP, LLC
By: *
Peter J. Barris
Manager
CUSIP No. 36112J107 | 13G | Page 18 of 20 |
| */s/ Louis S. Citron
Louis S. Citron As attorney-in-fact |
This Agreement relating to Schedule 13G was executed by Louis S. Citron on behalf of the individuals listed above pursuant to a Power of Attorney a copy of which is attached hereto as Exhibit 2.
CUSIP No. 36112J107 | 13G | Page 19 of 20 |
EXHIBIT 2
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that the undersigned hereby constitutes and appoints Louis S. Citron, Timothy Schaller, Sasha Keough and Stephanie Brecher, and each of them, with full power to act without the others, his or her true and lawful attorney-in-fact, with full power of substitution, to sign any and all instruments, certificates and documents that may be necessary, desirable or appropriate to be executed on behalf of himself as an individual or in his or her capacity as a direct or indirect general partner, director, officer or manager of any partnership, corporation or limited liability company, pursuant to section 13 or 16 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and any and all regulations promulgated thereunder, and to file the same, with all exhibits thereto, and any other documents in connection therewith, with the Securities and Exchange Commission, and with any other entity when and if such is mandated by the Exchange Act or by the Financial Industry Regulatory Authority, granting unto said attorney-in-fact full power and authority to do and perform each and every act and thing necessary, desirable or appropriate, fully to all intents and purposes as he or she might or could do in person, thereby ratifying and confirming all that said attorney-in-fact, or his or her substitutes, may lawfully do or cause to be done by virtue hereof.
IN WITNESS WHEREOF, this Power of Attorney has been signed as of the 1st day of August, 2013.
/s/ M. James Barrett
M. James Barrett
/s/ Peter J. Barris
Peter J. Barris
/s/ Forest Baskett
Forest Baskett
/s/ Rohini Chakravarthy
Rohini Chakravarthy
/s/ Patrick Chung
Patrick Chung
/s/ Ryan Drant
Ryan Drant
/s/ Anthony A. Florence
Anthony A. Florence
/s/ Robert Garland
Robert Garland
/s/ Paul Hsiao
Paul Hsiao
/s/ Patrick J. Kerins
Patrick J. Kerins
CUSIP No. 36112J107 | 13G | Page 20 of 20 |
/s/ Suzanne King
Suzanne King
/s/ Krishna S. Kolluri
Krishna S. Kolluri
/s/ C. Richard Kramlich
C. Richard Kramlich
/s/ Edward Mathers
Edward Mathers
/s/ David M. Mott
David M. Mott
/s/ John M. Nehra
John M. Nehra
/s/ Charles W. Newhall III
Charles W. Newhall III
/s/ Jason R. Nunn
Jason R. Nunn
/s/ Jon Sakoda
Jon Sakoda
/s/ Scott D. Sandell
/s/ Peter W. Sonsini
Peter W. Sonsini
/s/ A. Brooke Seawell
A. Brooke Seawell
/s/ Ravi Viswanathan
Ravi Viswanathan
/s/ Paul E. Walker
Paul E. Walker
/s/ Harry Weller
Harry Weller