Edgar Filing: Revance Therapeutics, Inc.

NAME OF REPORTING PERSON

  S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

  Essex Woodlands Health Ventures V, L.L.C.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ☐ (b) ☒

SEC USE ONLY

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

SC 13G/A

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. 1)*

REVANCE THERAPEUTICS, INC.

(Name of Issuer)

Common Stock, par value $0.001 per share

(Title of Class of Securities)

761330109

(CUSIP Number)

Martin P. Sutter

Essex Woodlands Health Ventures V, L.L.C.

Essex Woodlands Health Ventures VIII, LLC

21 Waterway Avenue, Suite 225

The Woodlands, Texas 77380

(281) 364-1555

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

December 31, 2017

(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)

☒ 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).

SCHEDULE 13G


CUSIP No. 761330109		Page 2 of 23 Pages


CUSIP No. 761330109				Page 3 of 23 Pages


CUSIP No. 761330109				Page 4 of 23 Pages

(1)	Includes 3,067,607 shares held by Essex Woodlands Health Ventures Fund VIII, L.P., 221,197 shares held by Essex Woodlands Health Ventures Fund VIII-A, L.P. and 96,158 shares held by Essex Woodlands Health Ventures Fund VIII-B, L.P.


CUSIP No. 761330109				Page 5 of 23 Pages

(1)	Includes 3,067,607 shares held by Essex Woodlands Health Ventures Fund VIII, L.P., 221,197 shares held by Essex Woodlands Health Ventures Fund VIII-A, L.P. and 96,158 shares held by Essex Woodlands Health Ventures Fund VIII-B, L.P.


CUSIP No. 761330109				Page 6 of 23 Pages


CUSIP No. 761330109				Page 7 of 23 Pages


CUSIP No. 761330109				Page 8 of 23 Pages


CUSIP No. 761330109				Page 9 of 23 Pages

(1)

Includes 3,067,607 shares held by Essex Woodlands Health Ventures Fund VIII, L.P., 221,197 shares held by Essex Woodlands Health Ventures Fund VIII-A, L.P., 96,158 shares held by Essex Woodlands Health Ventures Fund VIII-B, L.P. and 457,085 shares held by Essex Woodlands Health Ventures Fund V, L.P.


CUSIP No. 761330109				Page 10 of 23 Pages

(1)	Includes 3,067,607 shares held by Essex Woodlands Health Ventures Fund VIII, L.P., 221,197 shares held by Essex Woodlands Health Ventures Fund VIII-A, L.P. and 96,158 shares held by Essex Woodlands Health Ventures Fund VIII-B, L.P.


CUSIP No. 761330109				Page 11 of 23 Pages

(1)	Includes 3,067,607 shares held by Essex Woodlands Health Ventures Fund VIII, L.P., 221,197 shares held by Essex Woodlands Health Ventures Fund VIII-A, L.P. and 96,158 shares held by Essex Woodlands Health Ventures Fund VIII-B, L.P.


CUSIP No. 761330109				Page 12 of 23 Pages

(1)	Includes 3,067,607 shares held by Essex Woodlands Health Ventures Fund VIII, L.P., 221,197 shares held by Essex Woodlands Health Ventures Fund VIII-A, L.P. and 96,158 shares held by Essex Woodlands Health Ventures Fund VIII-B, L.P.


CUSIP No. 761330109				Page 13 of 23 Pages

(1)	Includes 3,067,607 shares held by Essex Woodlands Health Ventures Fund VIII, L.P., 221,197 shares held by Essex Woodlands Health Ventures Fund VIII-A, L.P. and 96,158 shares held by Essex Woodlands Health Ventures Fund VIII-B, L.P.


CUSIP No. 761330109				Page 14 of 23 Pages

(1)	Includes 3,067,607 shares held by Essex Woodlands Health Ventures Fund VIII, L.P., 221,197 shares held by Essex Woodlands Health Ventures Fund VIII-A, L.P. and 96,158 shares held by Essex Woodlands Health Ventures Fund VIII-B, L.P.


CUSIP No. 761330109				Page 15 of 23 Pages

(1)

ORIGINAL REPORT ON SCHEDULE 13G

Item 1.

(a)

Name of Issuer: Revance Therapeutics, Inc.

(b)

Address of Issuer’s Principal Executive Offices:

7555 Gateway Boulevard

Newark, California 94560

Item 2.

(a) Name of Person Filing: This Schedule 13G is being filed jointly by Essex Woodlands Health Ventures Fund V, L.P., a Delaware limited partnership (“Essex V”), Essex Woodlands Health Ventures V, L.L.C., a Delaware limited liability company, the general partner of Essex V (the “Essex V General Partner”), Essex Woodlands Health Ventures Fund VIII, L.P., a Delaware limited partnership (“Essex VIII”), Essex Woodlands Health Ventures Fund VIII-A, L.P., a Delaware limited partnership (“Essex VIII-A”), Essex Woodlands Health Ventures Fund VIII-B, L.P., a Delaware limited partnership (“Essex VIII-B”, and together with Essex VIII and Essex VIII-A, the “Essex VIII Funds”), Essex Woodlands Health Ventures VIII, L.P., a Delaware limited partnership, the general partner of the Essex VIII Funds (the “Essex VIII Funds GP”), Essex Woodlands Health Ventures VIII, LLC, a Delaware limited liability company, the general partner of the Essex VIII Funds GP (the “Essex VIII General Partner”), Martin P. Sutter, an individual, Jeff Himawan, an individual, Ronald W. Eastman, an individual, Guido J. Neels, an individual, Petri Vainio, an individual, Steve Wiggins, an individual, and Immanuel Thangaraj, an individual (each a “Manager”, collectively, the “Managers”, and together with the Essex VIII Funds, Essex VIII Funds GP and the Essex VIII General Partner, the “Reporting Persons”).

(b) Address of Principal Business Office: The address of the principal business of each of the Reporting Persons is 21 Waterway Avenue, Suite 225, The Woodlands, Texas 77380.

(c) Citizenship: Essex V, the Essex VIII Funds and Essex VIII Funds GP are each Delaware limited partnerships. Essex V General Partner and the Essex VIII General Partner are each Delaware limited liability companies. Each Manager is an individual who is a citizen of the United States.

(d) Title and Class of Securities: Common Stock

(e) CUSIP Number: 761330109

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:


(a)	☐	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).

(b)	☐	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

(c)	☐	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).



(d)	☐	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a 8).

(e)	☐	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);

(f)	☐	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);

(g)	☐	A parent holding company or control person in accordance with § 240.13d- 1(b)(1)(ii)(G);

(h)	☐	A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

(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 (15 U.S.C. 80a 3);

(j)	☐	Group, in accordance with § 240.13d-1(b)(1)(ii)(J).

Item 4. Ownership.

Provide the following information regarding the aggregate number and percentage of the class of securities of the Issuer identified in Item 1.

(a)

Amount Beneficially Owned:

For Essex V and Essex V General Partner, 457,085 shares.

For Essex VIII Funds GP and Essex VIII General Partner, 3,384,962 shares.

For Essex VIII, 3,067,607 shares.

For Essex VIII-A, 221,197 shares.

For Essex VIII-B, 96,158 shares.

For each of the Managers: Martin P. Sutter and Immanuel Thangaraj, 3,842,047 shares.

For each of the Managers: Jeff Himawan, Ronald W. Eastman, Guido J. Neels, Petri Vainio and Steve Wiggins, 3,384,962 shares.

(b) Percent of Class:

The following percentages are calculated based on 36,502,409 shares of Common Stock outstanding on December 31, 2017, as set forth in the Issuer’s Form 10-K filed with the Securities and Exchange Commission on March 2, 2018.

For Essex V and Essex V General Partner, 1.25%.

For each of Essex VIII Funds GP and Essex VIII General Partner, 9.27%.

For Essex VIII, 8.40%.

For Essex VIII-A, 0.61%.

For Essex VIII-B, 0.26%.

For each of the Managers: Martin P. Sutter and Immanuel Thangaraj, 10.52%.

For each of the Managers: Jeff Himawan, Ronald W. Eastman, Guido J. Neels, Petri Vainio and Steve Wiggins, 9.27%.

(c)

Number of shares as to which such person has:

(i) Sole power to vote or to direct the vote:

For Essex V and Essex V General Partner, 457,085 shares.

For Essex VIII Funds GP and Essex VIII General Partner, 3,384,962 shares.

For Essex VIII, 3,067,607 shares.

For Essex VIII-A, 221,197 shares.

For Essex VIII-B, 96,158 shares.

(ii) Shared power to vote or to direct the vote:

For each of the Managers: Martin P. Sutter and Immanuel Thangaraj, 3,842,047 shares.

For each of the Managers: Jeff Himawan, Ronald W. Eastman, Guido J. Neels, Petri Vainio and Steve Wiggins, 3,384,962 shares.

(iii) Sole power to dispose or to direct the disposition of:

For Essex V and Essex V General Partner, 457,085 shares.

For Essex VIII Funds GP and Essex VIII General Partner, 3,842,047 shares.

For Essex VIII, 3,067,607 shares.

For Essex VIII-A, 221,197 shares.

For Essex VIII-B, 96,158 shares.

(iv) Shared power to dispose or to direct the disposition of:

For each of the Managers: Martin P. Sutter and Immanuel Thangaraj, 3,842,047 shares.

For each of the Managers: Jeff Himawan, Ronald W. Eastman, Guido J. Neels, Petri Vainio and Steve Wiggins, 3,384,962 shares.

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.

N/A

Item 7. Identification and Classification of the Subsidiary which Acquired the Security Being Reported on by the Parent Holding Company.

N/A

Item 8. Identification and Classification of Members of the Group.

N/A

Item 9. Notice of Dissolution of Group.

N/A

Item 10. Certifications.

N/A

SIGNATURES

After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct.

Date: April 9, 2018


ESSEX WOODLANDS HEALTH VENTURES V, L.L.C.		INDIVIDUALS:

By:	/s/ Martin P. Sutter	/s/ Martin P. Sutter
	Name: Martin P. Sutter	Name: Martin P. Sutter
	Title: Managing Director

ESSEX WOODLANDS HEALTH VENTURES FUND V, L.P.		/s/ Jeff Himawan
		Name: Jeff Himawan
By: Essex Woodlands Health Ventures V, L.L.C.

By:	/s/ Martin P. Sutter
	Name: Martin P. Sutter	/s/ Ronald W. Eastman
	Title: Managing Director	Name: Ronald W. Eastman

ESSEX WOODLANDS HEALTH VENTURES VIII, LLC

By:	/s/ Martin P. Sutter	/s/ Guido J. Neels
	Name: Martin P. Sutter	Name: Guido Neels
	Title: Managing Director

ESSEX WOODLANDS HEALTH VENTURES VIII, L.P.

By: Essex Woodlands Health Ventures VIII, LLC,		/s/ Petri Vainio
	Its General Partner	Name: Petri Vainio

By:	/s/ Martin P. Sutter
	Name: Martin P. Sutter	/s/ Steve Wiggins
	Title: Managing Director	Name: Steve Wiggins

ESSEX WOODLANDS HEALTH VENTURES FUND VIII, L.P.

By: Essex Woodlands Health Ventures VIII, L.P.,		/s/ Immanuel Thangaraj
	Its General Partner	Name: Immanuel Thangaraj

By: Essex Woodlands Health Ventures VIII, LLC,
	Its General Partner

By:	/s/ Martin P. Sutter
	Name: Martin P. Sutter
	Title: Managing Director


ESSEX WOODLANDS HEALTH VENTURES FUND VIII-A, L.P.

By: Essex Woodlands Health Ventures VIII, L.P.,
Its General Partner

By: Essex Woodlands Health Ventures VIII, LLC,
Its General Partner

By:		/s/ Martin P. Sutter
		Name: Martin P. Sutter
		Title: Managing Director

ESSEX WOODLANDS HEALTH VENTURES FUND VIII-B, L.P.

By: Essex Woodlands Health Ventures VIII, L.P.,
Its General Partner

By: Essex Woodlands Health Ventures VIII, LLC,
Its General Partner

By:		/s/ Martin P. Sutter
		Name: Martin P. Sutter
		Title: Managing Director

Exhibit 1

JOINT FILING AGREEMENT

Each of the undersigned agrees that (i) the statement on Schedule 13G/A relating to the Common Stock of Revance Therapeutics, Inc., has been adopted and filed on behalf of each of them, (ii) all future amendments to such statement on Schedule 13G/A will, unless written notice to the contrary is delivered as described below, be jointly filed on behalf of each of them, and (iii) the provisions of Rule 13d-1(k) under the Securities Exchange Act of 1934 apply to each of them. This agreement may be terminated with respect to the obligations to jointly file future amendments to such statement on Schedule 13G/A as to any of the undersigned upon such person giving written notice thereof to each of the other persons signature hereto, at the principal office thereof.

This Agreement may be executed in any number of counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.

Date: April 9, 2018.


ESSEX WOODLANDS HEALTH VENTURES V, L.L.C.		INDIVIDUALS:

		/s/ Martin P. Sutter
By:	/s/ Martin P. Sutter	Name: Martin P. Sutter
	Name: Martin P. Sutter
	Title: Managing Director

ESSEX WOODLANDS HEALTH VENTURES FUND V, L.P.		/s/ Jeff Himawan
		Name: Jeff Himawan
By: Essex Woodlands Health Ventures V, L.L.C.

By:	/s/ Martin P. Sutter	/s/ Ronald W. Eastman
	Name: Martin P. Sutter	Name: Ronald W. Eastman
	Title: Managing Director

ESSEX WOODLANDS HEALTH VENTURES VIII, LLC

By:	/s/ Martin P. Sutter	/s/ Guido J. Neels
	Name: Martin P. Sutter	Name: Guido Neels
	Title: Managing Director

ESSEX WOODLANDS HEALTH VENTURES VIII, L.P.

By: Essex Woodlands Health Ventures VIII, LLC,		/s/ Petri Vainio
Its General Partner		Name: Petri Vainio

By:	/s/ Martin P. Sutter
	Name: Martin P. Sutter	/s/ Steve Wiggins
	Title: Managing Director	Name: Steve Wiggins


ESSEX WOODLANDS HEALTH VENTURES FUND VIII,
	L.P.

By: Essex Woodlands Health Ventures VIII, L.P.,
	Its General Partner	/s/ Immanuel Thangaraj
		Name: Immanuel Thangaraj
By: Essex Woodlands Health Ventures VIII, LLC,
	Its General Partner

By:	/s/ Martin P. Sutter
	Name: Martin P. Sutter
	Title: Managing Director

ESSEX WOODLANDS HEALTH VENTURES FUND VIII-A,
	L.P.

By: Essex Woodlands Health Ventures VIII, L.P., Its General Partner

By: Essex Woodlands Health Ventures VIII, LLC, Its General Partner

By:	/s/ Martin P. Sutter
	Name: Martin P. Sutter
	Title: Managing Director

ESSEX WOODLANDS HEALTH VENTURES
	FUND VIII-B, L.P.

By: Essex Woodlands Health Ventures VIII, L.P., Its General Partner

By: Essex Woodlands Health Ventures VIII, LLC, Its General Partner

By:	/s/ Martin P. Sutter
	Name: Martin P. Sutter
	Title: Managing Director