Item 1(a). | Name of Issuer: |
Adept Technology, Inc., a Delaware corporation (the “Issuer”).
Item 1(b). | Address of Issuer’s Principal Executive Offices: |
5960 Inglewood Drive
Pleasanton, California 94588
Item 2(a). | Name of Person Filing: |
| This statement is filed by the Kenneth Rainin Foundation, a California non-profit corporation (the “Rainin Foundation”), Kenneth Rainin Charitable Lead Annuity Trust No. 1 dtd 03/26/90, a California trust (“Rainin Trust 1”), Kenneth Rainin Charitable Lead Annuity Trust No. 2 dtd 03/26/90, a California trust (“Rainin Trust 2”), Kenneth Rainin Charitable Lead Annuity Trust No. 3 dtd 03/26/90, a California trust (“Rainin Trust 3”), Rainin Group, LLC, a California limited liability company (“Rainin Group”), Jennifer Rainin and Robert Stockman. Each of the foregoing is referred to as a “Reporting Person” and collectively as the “Reporting Persons.” |
| Rainin Group serves as the investment manager of each of the Rainin Foundation, Rainin Trust 1, Rainin Trust 2 and Rainin Trust 3. Rainin Trust 3 serves as the managing member of Rainin Group. Each of Ms. Rainin and Mr. Stockman serves as a trustee of each of Rainin Trust 1, Rainin Trust 2 and Rainin Trust 3. Ms. Rainin also serves as a director and the President and CEO of the Rainin Foundation. |
Item 2(b). | Address of Principal Business Office or, if None, Residence: |
| The address of the principal office of each of the Reporting Persons is 155 Grand Avenue, Suite 1000 Oakland, California 94612. |
The Rainin Foundation, Rainin Trust 1, Rainin Trust 2, Rainin Trust 3 and Rainin Group are organized under the laws of the State of California. Ms. Rainin and Mr. Stockman are citizens of the United States of America.
Item 2(d). | Title of Class of Securities: |
Common Stock, $0.001 par value per share (the “Shares”).
006854202
Item 3. | If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a: |
| (a) | / / | Broker or dealer registered under Section 15 of the Exchange Act. |
| (b) | / / | Bank as defined in Section 3(a)(6) of the Exchange Act. |
| (c) | / / | Insurance company as defined in Section 3(a)(19) of the Exchange Act. |
| (d) | / / | Investment company registered under Section 8 of the Investment Company Act. |
| (e) | / / | An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E). |
| (f) | / / | An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F). |
| (g) | / / | A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G). |
| (h) | / / | A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act. |
| (i) | / / | A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act. |
| (j) | / / | Non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J). |
| (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: ____ |
As of December 31, 2015, the Reporting Persons no longer beneficially owned any securities of the Issuer.
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 [X].
Item 6. | Ownership of More than Five Percent on Behalf of Another Person. |
Not applicable.
Item 7. | Identification and Classification of the Subsidiary That 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. |
See Exhibit 99.1 to the Schedule 13G filed by the Reporting Persons with the Securities and Exchange Commission on August 6, 2015.
Item 9. | Notice of Dissolution of Group. |
Not Applicable.
By signing below each of the undersigned certifies that, to the best of its knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
SIGNATURE
After reasonable inquiry and to the best of his or her knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.
Dated: February 10, 2016
| Kenneth Rainin Foundation |
| | |
| By: | |
| | Name: | Jennifer Rainin |
| | Title: | President, CEO and Director |
| Kenneth Rainin Charitable Lead Annuity Trust No. 1 dtd 03/26/90 |
| | |
| By: | |
| | Name: | Jennifer Rainin |
| | Title: | Trustee |
| Kenneth Rainin Charitable Lead Annuity Trust No. 2 dtd 03/26/90 |
| | |
| By: | /s/ Jennifer Rainin |
| | Name: | Jennifer Rainin |
| | Title: | Trustee |
| Kenneth Rainin Charitable Lead Annuity Trust No. 3 dtd 03/26/90 |
| | |
| By: | /s/ Jennifer Rainin |
| | Name: | Jennifer Rainin |
| | Title: | Trustee |
| Rainin Group, LLC |
| | |
| By: | Kenneth Rainin Charitable Lead Annuity Trust No. 3 dtd 03/26/90, Managing Member |
| | |
| By: | /s/ Jennifer Rainin |
| | Name: | Jennifer Rainin |
| | Title: | Trustee |
| /s/ Jennifer Rainin |
| Jennifer Rainin |
| /s/ Robert Stockman |
| Robert Stockman |