UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Rule13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES13d-1 (b),
(c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO13d-2
(Amendment No. 3)
On Deck Capital, Inc.
(Name of Issuer)
Common Stock, $0.005 par value per share
(Title of Class of Securities)
682163 10 0
(CUSIP Number)
December 31, 2019
(Date of Event Which Requires Filing of This Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
☐ Rule13d-1(b)
☐ Rule13d-1(c)
☒ Rule13d-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).
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CUSIP NO. 682163 10 0 | | 13 G | | Page 2 of 14 Pages |
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1 | | NAMES OF REPORTING PERSONS. Institutional Venture Partners XIII, L.P. |
2 | | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ☐ (b) ☒ (1) |
3 | | SEC USE ONLY |
4 | | CITIZENSHIP OR PLACE OF ORGANIZATION Delaware |
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | | 5 | | SOLE VOTING POWER 0 shares |
| 6 | | SHARED VOTING POWER 0 shares |
| 7 | | SOLE DISPOSITIVE POWER 0 shares |
| 8 | | SHARED DISPOSITIVE POWER 0 shares |
| | | | | | |
9 | | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 shares |
10 | | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* ☐ |
11 | | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.0% |
12 | | TYPE OF REPORTING PERSON* PN |
(1) | This Schedule 13G is filed by Institutional Venture Partners XIII, L.P. (“IVP XIII”), Institutional Venture Management XIII, LLC (“IVM XIII”), Institutional Venture Partners XIV, L.P. (“IVP XIV”), Institutional Venture Management XIV, LLC (“IVM XIV”), Todd C. Chaffee (“Chaffee”), Norman A. Fogelsong (“Fogelsong”), Stephen J. Harrick (“Harrick”), J. Sanford Miller (“Miller”), Jules A. Maltz (“Maltz”) and Dennis B. Phelps (“Phelps” together with IVP XIII, IVM XIII, IVP XIV, IVM XIV, Chaffee, Fogelsong, Harrick, Miller and Maltz, collectively, the “Reporting Persons”). The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G. |
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CUSIP NO. 682163 10 0 | | 13 G | | Page 3 of 14 Pages |
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1 | | NAMES OF REPORTING PERSONS
Institutional Venture Management XIII, LLC |
2 | | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ☐ (b) ☒ (1) |
3 | | SEC USE ONLY |
4 | | CITIZENSHIP OR PLACE OF ORGANIZATION Delaware |
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | | 5 | | SOLE VOTING POWER 0 shares |
| 6 | | SHARED VOTING POWER 0 shares |
| 7 | | SOLE DISPOSITIVE POWER 0 shares |
| 8 | | SHARED DISPOSITIVE POWER 0 shares |
| | | | | | |
9 | | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 shares |
10 | | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* ☐ |
11 | | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.0% |
12 | | TYPE OF REPORTING PERSON* OO |
(1) | This Schedule 13G is filed by the Reporting Persons. The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G. |
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CUSIP NO. 682163 10 0 | | 13 G | | Page 4 of 14 Pages |
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1 | | NAMES OF REPORTING PERSONS. Institutional Venture Partners XIV, L.P. |
2 | | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ☐ (b) ☒ (1) |
3 | | SEC USE ONLY |
4 | | CITIZENSHIP OR PLACE OF ORGANIZATION Delaware |
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | | 5 | | SOLE VOTING POWER 0 shares |
| 6 | | SHARED VOTING POWER 0 shares |
| 7 | | SOLE DISPOSITIVE POWER 0 shares |
| 8 | | SHARED DISPOSITIVE POWER 0 shares |
| | | | | | |
9 | | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 shares |
10 | | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* ☐ |
11 | | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.0% |
12 | | TYPE OF REPORTING PERSON* PN |
(1) | This Schedule 13G is filed by the Reporting Persons. The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G. |
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CUSIP NO. 682163 10 0 | | 13 G | | Page 5 of 14 Pages |
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1 | | NAMES OF REPORTING PERSONS
Institutional Venture Management XIV, LLC |
2 | | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ☐ (b) ☒ (1) |
3 | | SEC USE ONLY |
4 | | CITIZENSHIP OR PLACE OF ORGANIZATION Delaware |
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | | 5 | | SOLE VOTING POWER 0 shares |
| 6 | | SHARED VOTING POWER 0 shares |
| 7 | | SOLE DISPOSITIVE POWER 0 shares |
| 8 | | SHARED DISPOSITIVE POWER 0 shares |
| | | | | | |
9 | | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 shares |
10 | | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* ☐ |
11 | | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.0% |
12 | | TYPE OF REPORTING PERSON* OO |
(1) | This Schedule 13G is filed by the Reporting Persons. The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G. |
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CUSIP NO. 682163 10 0 | | 13 G | | Page 6 of 14 Pages |
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1 | | NAMES OF REPORTING PERSONS Todd C. Chaffee |
2 | | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ☐ (b) ☒ (1) |
3 | | SEC USE ONLY |
4 | | CITIZENSHIP OR PLACE OF ORGANIZATION United States of America |
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | | 5 | | SOLE VOTING POWER 0 shares |
| 6 | | SHARED VOTING POWER 0 shares |
| 7 | | SOLE DISPOSITIVE POWER 0 shares |
| 8 | | SHARED DISPOSITIVE POWER 0 shares |
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9 | | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 shares |
10 | | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* ☐ |
11 | | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.0% |
12 | | TYPE OF REPORTING PERSON* IN |
(1) | This Schedule 13G is filed by the Reporting Persons. The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G. |
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CUSIP NO. 682163 10 0 | | 13 G | | Page 7 of 14 Pages |
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1 | | NAMES OF REPORTING PERSONS Norman A. Fogelsong |
2 | | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ☐ (b) ☒ (1) |
3 | | SEC USE ONLY |
4 | | CITIZENSHIP OR PLACE OF ORGANIZATION United States of America |
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | | 5 | | SOLE VOTING POWER 0 shares |
| 6 | | SHARED VOTING POWER 0 shares |
| 7 | | SOLE DISPOSITIVE POWER 0 shares |
| 8 | | SHARED DISPOSITIVE POWER 0 shares |
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9 | | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 shares |
10 | | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* ☐ |
11 | | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.0% |
12 | | TYPE OF REPORTING PERSON* IN |
(1) | This Schedule 13G is filed by the Reporting Persons. The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G. |
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CUSIP NO. 682163 10 0 | | 13 G | | Page 8 of 14 Pages |
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1 | | NAMES OF REPORTING PERSONS Stephen J. Harrick |
2 | | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ☐ (b) ☒ (1) |
3 | | SEC USE ONLY |
4 | | CITIZENSHIP OR PLACE OF ORGANIZATION United States of America |
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | | 5 | | SOLE VOTING POWER 81,137 shares |
| 6 | | SHARED VOTING POWER 0 shares |
| 7 | | SOLE DISPOSITIVE POWER 81,137 shares |
| 8 | | SHARED DISPOSITIVE POWER 0 shares |
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9 | | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 81,137 shares |
10 | | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* ☐ |
11 | | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.0% |
12 | | TYPE OF REPORTING PERSON* IN |
(1) | This Schedule 13G is filed by the Reporting Persons. The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G. |
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CUSIP NO. 682163 10 0 | | 13 G | | Page 9 of 14 Pages |
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1 | | NAMES OF REPORTING PERSONS J. Sanford Miller |
2 | | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ☐ (b) ☒ (1) |
3 | | SEC USE ONLY |
4 | | CITIZENSHIP OR PLACE OF ORGANIZATION United States of America |
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | | 5 | | SOLE VOTING POWER 0 shares |
| 6 | | SHARED VOTING POWER 0 shares |
| 7 | | SOLE DISPOSITIVE POWER 0 shares |
| 8 | | SHARED DISPOSITIVE POWER 0 shares |
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9 | | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 shares |
10 | | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* ☐ |
11 | | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.0% |
12 | | TYPE OF REPORTING PERSON* IN |
(1) | This Schedule 13G is filed by the Reporting Persons. The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G. |
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CUSIP NO. 682163 10 0 | | 13 G | | Page 10 of 14 Pages |
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1 | | NAMES OF REPORTING PERSONS Jules A. Maltz |
2 | | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ☐ (b) ☒ (1) |
3 | | SEC USE ONLY |
4 | | CITIZENSHIP OR PLACE OF ORGANIZATION United States of America |
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | | 5 | | SOLE VOTING POWER 0 shares |
| 6 | | SHARED VOTING POWER 0 shares |
| 7 | | SOLE DISPOSITIVE POWER 0 shares |
| 8 | | SHARED DISPOSITIVE POWER 0 shares |
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9 | | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 shares |
10 | | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* ☐ |
11 | | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.0% |
12 | | TYPE OF REPORTING PERSON* IN |
(1) | This Schedule 13G is filed by the Reporting Persons. The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G. |
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CUSIP NO. 682163 10 0 | | 13 G | | Page 11 of 14 Pages |
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1 | | NAMES OF REPORTING PERSONS Dennis B. Phelps |
2 | | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ☐ (b) ☒ (1) |
3 | | SEC USE ONLY |
4 | | CITIZENSHIP OR PLACE OF ORGANIZATION United States of America |
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | | 5 | | SOLE VOTING POWER 0 shares |
| 6 | | SHARED VOTING POWER 0 shares |
| 7 | | SOLE DISPOSITIVE POWER 0 shares |
| 8 | | SHARED DISPOSITIVE POWER 0 shares |
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9 | | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 shares |
10 | | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* ☐ |
11 | | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.0% |
12 | | TYPE OF REPORTING PERSON* IN |
(1) | This Schedule 13G is filed by the Reporting Persons. The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G. |
Introductory Note: This statement on Schedule 13G is filed by the Reporting Persons with the Commission in respect of shares of Common Stock, par value $0.005 per share (“Common Stock”), of On Deck Capital, Inc., a Delaware corporation (the “Issuer”).
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(a) | | Name of Issuer: | | On Deck Capital, Inc. |
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(b) | | Address of Issuer’s | | |
| | Principal Executive Offices: | | 1400 Broadway, 25th Floor |
| | | | New York, New York 10018 |
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(a) | | Name of Reporting Persons Filing: |
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| | 1. | | Institutional Venture Partners XIII, L.P. (“IVP XIII”) |
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| | 2. | | Institutional Venture Management XIII, LLC (“IVM XIII”) |
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| | 3. | | Institutional Venture Partners XIV, L.P. (“IVP XIV”) |
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| | 4. | | Institutional Venture Management XIV, LLC (“IVM XIV”) |
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| | 5. | | Todd C. Chaffee (“Chaffee”) |
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| | 6. | | Norman A. Fogelsong (“Fogelsong”) |
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| | 7. | | Stephen J. Harrick (“Harrick”) |
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| | 8. | | J. Sanford Miller (“Miller”) |
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| | 9. | | Dennis B. Phelps (“Phelps”) |
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| | 10. | | Jules A. Maltz (“Maltz”) |
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(b) | | Address of Principal Business Office: | | c/o Institutional Venture Partners |
| | | | 3000 Sand Hill Road, Building 2, Suite 250 |
| | | | Menlo Park, California 94025 |
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| | IVP XIII | | Delaware |
| | IVM XIII | | Delaware |
| | IVP XIV | | Delaware |
| | IVM XIV | | Delaware |
| | Chaffee | | United States of America |
| | Fogelsong | | United States of America |
| | Harrick | | United States of America |
| | Miller | | United States of America |
| | Phelps | | United States of America |
| | Maltz | | United States of America |
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(d) | | Title of Class of Securities: Common Stock |
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(e) | | CUSIP Number: 682163 10 0 |
12.
The following information with respect to the ownership of the Common Stock by the Reporting Persons filing this statement on Schedule 13G is provided as of December 31, 2019:
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Reporting Persons | | Shares Held Directly | | | Shared Voting Power | | | Shared Dispositive Power | | | Beneficial Ownership | | | Percentage of Class | |
IVP XIV | | | 0 | | | | 0 | | | | 0 | | | | 0 | | | | 0.0 | % |
IVM XIV | | | 0 | | | | 0 | | | | 0 | | | | 0 | | | | 0.0 | % |
IVP XIII | | | 0 | | | | 0 | | | | 0 | | | | 0 | | | | 0.0 | % |
IVM XIII | | | 0 | | | | 0 | | | | 0 | | | | 0 | | | | 0.0 | % |
Chaffee | | | 0 | | | | 0 | | | | 0 | | | | 0 | | | | 0.0 | % |
Fogelsong | | | 0 | | | | 0 | | | | 0 | | | | 0 | | | | 0.0 | % |
Harrick | | | 81,137 | | | | 0 | | | | 0 | | | | 81,137 | | | | 0.0 | % |
Miller | | | 0 | | | | 0 | | | | 0 | | | | 0 | | | | 0.0 | % |
Phelps | | | 0 | | | | 0 | | | | 0 | | | | 0 | | | | 0.0 | % |
Maltz | | | 0 | | | | 0 | | | | 0 | | | | 0 | | | | 0.0 | % |
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. |
Not applicable.
Item 8 | Identification and Classification of Members of the Group. |
Not applicable.
Item 9 | Notice of Dissolution of Group. |
Not applicable.
Not applicable.
13.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in the attached statement on Schedule 13G is true, complete and correct.
Dated: February 4, 2020
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INSTITUTIONAL VENTURE PARTNERS XIII, L.P. |
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By: Institutional Venture Management XIII, LLC |
Its: General Partner |
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By: | | /s/ Tracy Hogan |
| | Tracy Hogan,Attorney-in-Fact |
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INSTITUTIONAL VENTURE MANAGEMENT XIII, LLC |
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By: | | /s/ Tracy Hogan |
| | Tracy Hogan,Attorney-in-Fact |
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INSTITUTIONAL VENTURE PARTNERS XIV, L.P. |
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By: Institutional Venture Management XIV, LLC |
Its: General Partner |
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By: | | /s/ Tracy Hogan |
| | Tracy Hogan,Attorney-in-Fact |
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INSTITUTIONAL VENTURE MANAGEMENT XIV, LLC |
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By: | | /s/ Tracy Hogan |
| | Tracy Hogan,Attorney-in-Fact |
|
|
/s/ Tracy Hogan |
Tracy Hogan,Attorney-in-Fact for Todd C. Chaffee |
|
/s/ Tracy Hogan |
Tracy Hogan,Attorney-in-Fact for Norman A. Fogelsong |
|
/s/ Tracy Hogan |
Tracy Hogan,Attorney-in-Fact for Stephen J. Harrick |
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/s/ Tracy Hogan |
Tracy Hogan,Attorney-in-Fact for J. Sanford Miller |
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/s/ Tracy Hogan |
Tracy Hogan,Attorney-in-Fact for Dennis B. Phelps |
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/s/ Tracy Hogan |
Tracy Hogan,Attorney-in-Fact for Jules A. Maltz |
Exhibit(s):
14.