Inspire Medical Systems (INSP) SC 13G/A Inspire Medical Systems, Inc.

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 (b)

(Amendment No. 1)*

Inspire Medical Systems, Inc.

(Name of Issuer)

Common Stock, par value $0.001 per share

(Title of Class of Securities)

457730109

(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).

CUSIP NO. 457730109 13 G

1	NAMES OF REPORTING PERSONS.   Synergy Life Science Partners, LP
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

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 Synergy Life Science Partners, LP, a Delaware limited partnership (“SLSP”), Synergy Venture Partners, LLC, a Delaware limited liability company (“SVP”), Richard S. Stack (“Stack”) and William N. Starling, Jr. (“Starling” and together with SLSP, SVP, and Stack, collectively, the “Reporting Persons”). The Reporting Persons expressly disclaim status as a “group” for purposes of this Schedule 13G. The 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.

CUSIP NO. 457730109 13 G

1	NAMES OF REPORTING PERSONS.   Synergy Venture Partners, 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

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. The 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.

CUSIP NO. 457730109 13 G

1	NAMES OF REPORTING PERSONS.   Richard S. Stack
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

NUMBER OF SHARES   BENEFICIALLY   OWNED BY EACH REPORTING PERSON WITH	5	SOLE VOTING POWER   35,459 shares
	6	SHARED VOTING POWER   0 shares
	7	SOLE DISPOSITIVE POWER   35,459 shares
	8	SHARED DISPOSITIVE POWER   0 shares

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON   35,459 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. The 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.

CUSIP NO. 457730109 13 G

1	NAMES OF REPORTING PERSONS.   William N. Starling, Jr.
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

NUMBER OF SHARES   BENEFICIALLY   OWNED BY EACH REPORTING PERSON WITH	5	SOLE VOTING POWER   22,874 shares
	6	SHARED VOTING POWER   0 shares
	7	SOLE DISPOSITIVE POWER   22,874 shares
	8	SHARED DISPOSITIVE POWER   0 shares

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON   22,874 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. The 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.

Introductory Note: This Statement on Schedule 13G (this “Statement”) is filed on behalf of the Reporting Persons, in respect of shares of Common Stock, par value $0.001 per share (“Common Stock”), of Inspire Medical Systems, Inc. (the “Issuer”).

Item 1

(a)	Name of Issuer:	Inspire Medical Systems, Inc.
	Address of Issuer’s Principal Executive Offices:	5500 Wayzata Blvd., Suite 1600
		Golden Valley, MN 55416

Item 2

(a)	Name of Person(s) Filing:
	Synergy Life Science Partners, LP (“SLSP”) Synergy Venture Partners, LLC (“SVP”) Richard S. Stack (“Stack”) William N. Starling, Jr. (“Starling”)

(b)	Address of Principal Business Office:	c/o Synergy Life Science Partners
		4020 Stirrup Creek Drive, Suite 115
		Durham, NC 27703

(c)	Citizenship:
	Entities:	SLSP	-	Delaware
		SVP	-	Delaware
	Individuals:	Stack	-	United States of America
		Starling	-	United States of America
(d)	Title of Class of Securities:			Common Stock
(e)	CUSIP Number:			457730109

Item 3 Not applicable.

Item 4 Ownership.

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:

Filing Person	Shares of Common Stock		Sole Voting Power		Shared Voting Power		Sole Dispositive Power		Shared Dispositive Power		Beneficial Ownership		Percentage of Class
Synergy Life Science Partners, LP		0		0		0		0		0		0		0.0	%
Synergy Venture Partners, LLC		0		0		0		0		0		0		0.0	%
William N. Starling, Jr.		22,874		22,874		0		22,874		0		22,874		0.0	%
Richard S. Stack		35,459		35,459		0		35,459		0		35,459		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 Persons have 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.

Item 10 Certification.

Not applicable.

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.

Dated: February 5, 2020

SYNERGY LIFE SCIENCE PARTNERS, LP
By: Synergy Venture Partners, LLC
Its: General Partner
By:	/s/ William N. Starling, Jr.
	Name: William N. Starling, Jr.
	Title: Manager
SYNERGY VENTURE PARTNERS, LLC
By:	/s/ William N. Starling, Jr.
	Name: William N. Starling, Jr.
	Title: Manager
/s/ William N. Starling, Jr.
William N. Starling, Jr.
/s/ Richard S. Stack
Richard S. Stack

Exhibit(s):

A - Joint Filing Statement