SECURITIES & EXCHANGE COMMISSION
Washington, D.C. 20549
----------------------
SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2
(Amendment No.5)*
Nektar Therapeutics
(Name of Issuer)
Common Stock, $.0001 Par Value Per Share
(Title of Class of Securities)
640268108
(CUSIP Number)
December 31, 2011
(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)
[x] Rule 13d-1(c)
[ ] Rule 13d-1(d)
(Page 1 of 20 Pages)
---------------
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 purposes 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.640268108 13G Page 2 of 20 Pages
-----------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
HealthCor Management, L.P.
-----------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see instructions)
(a) [X]
(b) [ ]
-----------------------------------------------------------------------------
(3) SEC USE ONLY
-----------------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-----------------------------------------------------------------------------
NUMBER OF (5) SOLE VOTING POWER
0
SHARES --------------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
11,158,100
OWNED BY --------------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER
0
REPORTING --------------------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
11,158,100
-----------------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
11,158,100
-----------------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES(see instructions) [ ]
-----------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
9.75%
-----------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON (see instructions)
PN
-----------------------------------------------------------------------------
CUSIP No. 640268108 13G Page 3 of 20 Pages
-----------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
HealthCor Associates, LLC
-----------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see instructions)
(a) [X]
(b) [ ]
-----------------------------------------------------------------------------
(3) SEC USE ONLY
-----------------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-----------------------------------------------------------------------------
NUMBER OF (5) SOLE VOTING POWER
0
SHARES --------------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
11,158,100
OWNED BY --------------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER
0
REPORTING --------------------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
11,158,100
-----------------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
11,158,100
-----------------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES(see instructions) [ ]
-----------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
9.75%
-----------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON (see instructions)
OO - limited liability company
-----------------------------------------------------------------------------
CUSIP No. 640268108 13G Page 4 of 20 Pages
-----------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
HealthCor Offshore Master Fund, L.P.
-----------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP(see instructions)
(a) [X]
(b) [ ]
-----------------------------------------------------------------------------
(3) SEC USE ONLY
-----------------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
-----------------------------------------------------------------------------
NUMBER OF (5) SOLE VOTING POWER
0
SHARES --------------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
7,573,734
OWNED BY --------------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER
0
REPORTING --------------------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
7,573,734
-----------------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
7,573,734
-----------------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions) [ ]
-----------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
6.62%
-----------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON (see instructions)
PN
-----------------------------------------------------------------------------
CUSIP No. 640268108 13G Page 5 of 20 Pages
-----------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
HealthCor Offshore GP, LLC
-----------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP(see instructions)
(a) [X]
(b) [ ]
-----------------------------------------------------------------------------
(3) SEC USE ONLY
-----------------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-----------------------------------------------------------------------------
NUMBER OF (5) SOLE VOTING POWER
0
SHARES --------------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
7,573,734
OWNED BY --------------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER
0
REPORTING --------------------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
7,573,734
-----------------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
7,573,734
-----------------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions) [ ]
-----------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
6.62%
-----------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON (see instructions)
OO - limited liability company
-----------------------------------------------------------------------------
CUSIP No. 640268108 13G Page 6 of 20 Pages
-----------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
HealthCor Hybrid Offshore Master Fund, L.P.
-----------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP(see instructions)
(a) [X]
(b) [ ]
-----------------------------------------------------------------------------
(3) SEC USE ONLY
-----------------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
-----------------------------------------------------------------------------
NUMBER OF (5) SOLE VOTING POWER
0
SHARES --------------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
459,979
OWNED BY --------------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER
0
REPORTING --------------------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
459,979
-----------------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
459,979
-----------------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions) [ ]
-----------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
0.40%
-----------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON (see instructions)
PN
-----------------------------------------------------------------------------
CUSIP No. 640268108 13G Page 7 of 20 Pages
-----------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
HealthCor Hybrid Offshore GP, LLC
-----------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP(see instructions)
(a) [X]
(b) [ ]
-----------------------------------------------------------------------------
(3) SEC USE ONLY
-----------------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-----------------------------------------------------------------------------
NUMBER OF (5) SOLE VOTING POWER
0
SHARES --------------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
459,979
OWNED BY --------------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER
0
REPORTING --------------------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
459,979
-----------------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
459,979
-----------------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions) [ ]
-----------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
0.40%
-----------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON (see instructions)
OO - limited liability company
-----------------------------------------------------------------------------
CUSIP No. 640268108 13G Page 8 of 20 Pages
-----------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
HealthCor Group, LLC
-----------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP(see instructions)
(a) [X]
(b) [ ]
-----------------------------------------------------------------------------
(3) SEC USE ONLY
-----------------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-----------------------------------------------------------------------------
NUMBER OF (5) SOLE VOTING POWER
0
SHARES --------------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
11,158,100
OWNED BY --------------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER
0
REPORTING --------------------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
11,158,100
-----------------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
11,158,100
-----------------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions) [ ]
-----------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
9.75%
-----------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON (see instructions)
OO - limited liability company
-----------------------------------------------------------------------------
CUSIP No. 640268108 13G Page 9 of 20 Pages
-----------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
HealthCor Capital, L.P.
-----------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP(see instructions)
(a) [X]
(b) [ ]
-----------------------------------------------------------------------------
(3) SEC USE ONLY
-----------------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-----------------------------------------------------------------------------
NUMBER OF (5) SOLE VOTING POWER
0
SHARES --------------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
2,974,387
OWNED BY --------------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER
0
REPORTING --------------------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
2,974,387
-----------------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
2,974,387
-----------------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions) [ ]
-----------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
2.60%
-----------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON (see instructions)
PN
-----------------------------------------------------------------------------
CUSIP No. 640268108 13G Page 10 of 20 Pages
-----------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
HealthCor, L.P.
-----------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP(see instructions)
(a) [X]
(b) [ ]
-----------------------------------------------------------------------------
(3) SEC USE ONLY
-----------------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-----------------------------------------------------------------------------
NUMBER OF (5) SOLE VOTING POWER
0
SHARES --------------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
2,974,387
OWNED BY --------------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER
0
REPORTING --------------------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
2,974,387
-----------------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
2,974,387
-----------------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions) [ ]
-----------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
2.60%
-----------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON (see instructions)
PN
-----------------------------------------------------------------------------
CUSIP No. 640268108 13G Page 11 of 20 Pages
-----------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
Arthur Cohen
-----------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP(see instructions)
(a) [X]
(b) [ ]
-----------------------------------------------------------------------------
(3) SEC USE ONLY
-----------------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
United States
-----------------------------------------------------------------------------
NUMBER OF (5) SOLE VOTING POWER
0
SHARES --------------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
11,158,100
OWNED BY --------------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER
0
REPORTING --------------------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
11,158,100
-----------------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
11,158,100
-----------------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions) [ ]
-----------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
9.75%
-----------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON (see instructions)
IN
-----------------------------------------------------------------------------
CUSIP No. 640268108 13G Page 12 of 20 Pages
-----------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
Joseph Healey
-----------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP(see instructions)
(a) [X]
(b) [ ]
-----------------------------------------------------------------------------
(3) SEC USE ONLY
-----------------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
United States
-----------------------------------------------------------------------------
NUMBER OF (5) SOLE VOTING POWER
0
SHARES --------------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
11,158,100
OWNED BY --------------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER
0
REPORTING --------------------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
11,158,100
-----------------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
11,158,100
-----------------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions) [ ]
-----------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
9.75%
-----------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON (see instructions)
IN
-----------------------------------------------------------------------------
CUSIP No. 640268108 13G Page 13 of 20 Pages
-----------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
HealthCor Long Offshore Master Fund, L.P.
-----------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP(see instructions)
(a) [X]
(b) [ ]
-----------------------------------------------------------------------------
(3) SEC USE ONLY
-----------------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-----------------------------------------------------------------------------
NUMBER OF (5) SOLE VOTING POWER
0
SHARES --------------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
150,000
OWNED BY --------------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER
0
REPORTING --------------------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
150,000
-----------------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
150,000
-----------------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions) [ ]
-----------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
0.13%
-----------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON (see instructions)
PN
-----------------------------------------------------------------------------
CUSIP No. 640268108 13G Page 14 of 20 Pages
-----------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
HealthCor Long Master GP, LLC
-----------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP(see instructions)
(a) [X]
(b) [ ]
-----------------------------------------------------------------------------
(3) SEC USE ONLY
-----------------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-----------------------------------------------------------------------------
NUMBER OF (5) SOLE VOTING POWER
0
SHARES --------------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
150,000
OWNED BY --------------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER
0
REPORTING --------------------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
150,000
-----------------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
150,000
-----------------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions) [ ]
-----------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
0.13%
-----------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON (see instructions)
OO - limited company
-----------------------------------------------------------------------------
CUSIP No. 640268108 13G Page 15 of 20 Pages
Item 1(a). Name of Issuer:
Nektar Therapeutics
Item 1(b). Address of Issuer's Principal Executive Offices:
455 Mission Bay Boulevard South, San Francisco, CA 94158
Item 2(a, b, c). Name of Person Filing:
(i) HealthCor Management, L.P., a Delaware limited partnership,
Carnegie Hall Tower, 152 West 57th Street, 43rd Floor, New
York, New York 10019;
(ii) HealthCor Associates, LLC, a Delaware limited liability
company, Carnegie Hall Tower, 152 West 57th Street, 43rd Floor,
New York, New York 10019;
(iii) HealthCor Offshore Master Fund, L.P., a Cayman Islands
limited partnership, Carnegie Hall Tower, 152 West 57th Street,
43rd Floor, New York, New York 10019;
(iv) HealthCor Offshore GP, LLC, a Delaware limited liability
company, Carnegie Hall Tower, 152 West 57th Street, 43rd Floor,
New York, New York 10019;
(v) HealthCor Hybrid Offshore Master Fund, L.P., a Cayman
Islands limited partnership, Carnegie Hall Tower, 152 West 57th
Street, 43rd Floor, New York, New York 10019;
(vi) HealthCor Hybrid Offshore GP, LLC, a Delaware limited
liability company, Carnegie Hall Tower, 152 West 57th Street,
43rd Floor, New York, New York 10019;
(vii) HealthCor Group, LLC, a Delaware limited liability
company, Carnegie Hall Tower, 152 West 57th Street, 43rd Floor,
New York, New York 10019;
(viii) HealthCor Capital, L.P., a Delaware limited partnership,
Carnegie Hall Tower, 152 West 57th Street, 43rd Floor, New
York, New York 10019;
(ix) HealthCor, L.P., a Delaware limited partnership, Carnegie
Hall Tower, 152 West 57th Street, 43rd Floor, New York, New
York 10019;
CUSIP No. 640268108 13G Page 16 of 20 Pages
(x) Joseph Healey, Carnegie Hall Tower, 152 West 57th Street,
43rd Floor, New York, New York 10019;
(xi) Arthur Cohen, 12 South Main Street, #203 Norwalk, Ct
06854;
(xii) HealthCor Long Offshore Master Fund, L.P., a Cayman
Islands limited partnership, Carnegie Hall Tower, 152 West 57th
Street, 43rd Floor, New York, New York 10019; and
(xiii) HealthCor Long Master GP, LLC., a Delaware limited
liability company, Carnegie Hall Tower, 152 West 57th Street,
43rd Floor, New York, New York 10019.
Both Mr. Healey and Mr. Cohen are United States citizens.
The persons at (i) through (xiii) above are collectively
referred to herein as the "Reporting Persons".
Item 2(d). Title of Class of Securities: Common Stock, $.0001 Par Value
Per Share(the "Common Stock")
Item 2(e). CUSIP Number: 640268108
Item 3. Not applicable.
Item 4. Ownership.
The information required by Items 4(a) - (c) is set forth in
Rows 5 - 11 of the cover page for each Reporting Person hereto
and is incorporated herein by reference for each such Reporting
Person.
Collectively, HealthCor, L.P., HealthCor Offshore Master Fund,
L.P., HealthCor Hybrid Offshore Master Fund, L.P., and
HealthCor Long Offshore Master Fund, L.P. (each a "Fund" and
together, the "Funds") are the beneficial owners of a total of
11,158,100 shares of the Common Stock of the Issuer.
HealthCor Offshore GP, LLC is the general partner of HealthCor
Offshore Master Fund, L.P. Accordingly, HealthCor Offshore GP,
LLC may be deemed to beneficially own the shares of Common
Stock that are beneficially owned by HealthCor Offshore Master
Fund, L.P. HealthCor Group, LLC is the general partner of
HealthCor Offshore GP, LLC and, therefore, may be deemed to
beneficially own the shares of Common Stock that are
beneficially owned by HealthCor Offshore Master Fund, L.P.
HealthCor Hybrid Offshore GP, LLC is the general partner of
HealthCor Hybrid Offshore Master Fund, L.P. Accordingly,
HealthCor Hybrid Offshore GP, LLC may be deemed to beneficially
own the shares of Common Stock that are beneficially owned by
HealthCor Hybrid Offshore Master Fund, L.P. HealthCor Group,
LLC is the general partner of HealthCor Hybrid Offshore GP, LLC
and, therefore, may be deemed to beneficially own the shares of
Common Stock that are beneficially owned by HealthCor Hybrid
Offshore Master Fund, L.P.
CUSIP No. 640268108 13G Page 17 of 20 Pages
HealthCor Long Master GP, LLC is the general partner of
HealthCor Long Offshore Master Fund, L.P. Accordingly,
HealthCor Long Master GP, LLC may be deemed to beneficially own
the shares of Common Stock that are beneficially owned by
HealthCor Long Offshore Master Fund, L.P. HealthCor Group, LLC
is the general partner of HealthCor Long Master GP, LLC and,
therefore, may be deemed to beneficially own the shares of
Common Stock that are beneficially owned by HealthCor Long
Offshore Master Fund, L.P.
By virtue of its position as the investment manager of the
Funds, HealthCor Management, L.P. may be deemed a beneficial
owner of all the shares of Common Stock owned by the Funds.
HealthCor Associates, LLC is the general partner of HealthCor
Management, L.P. and thus may also be deemed to beneficially
own the shares of Common Stock that are beneficially owned by
the Funds.
HealthCor Group LLC is the general partner of HealthCor
Capital, L.P., which is in turn the general partner of
HealthCor, L.P. Accordingly, each of HealthCor Capital L.P. and
HealthCor Group, LLC may be deemed to beneficially own the
shares of Common Stock that are beneficially owned by
HealthCor, L.P.
As the Managers of HealthCor Associates, LLC, Arthur Cohen and
Joseph Healey exercise both voting and investment power with
respect to the shares of Common Stock reported herein, and
therefore each may be deemed a beneficial owner of such Common
Stock.
Each of the Reporting Persons hereby disclaims any beneficial
ownership of any such shares of Common Stock in excess of their
actual pecuniary interest therein.
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.
See Exhibit I.
CUSIP No. 640268108 13G Page 18 of 20 Pages
Item 9. Notice of Dissolution of Group.
Not Applicable
Item 10. Certification.
By signing below I certify that, to the best of my 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.
Exhibits:
Exhibit I: Joint Acquisition Statement, dated as of February 9, 2012.
CUSIP No. 640268108 13G Page 19 of 20 Pages
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 9, 2012
HEALTHCOR MANAGEMENT, L.P.
By: HealthCor Associates, LLC, its general
partner
By: /s/ John H. Coghlin
-------------------------------------
Name: John H. Coghlin
Title: General Counsel
HEALTHCOR CAPITAL, L.P., for itself and as general partner on
behalf of HEALTHCOR L.P.
By: HealthCor Group, LLC, its general partner
By: /s/ John H. Coghlin
-------------------------------------
Name: John H. Coghlin
Title: General Counsel
HEALTHCOR OFFSHORE GP, LLC, for itself and as general partner
of behalf of HEALTHCOR OFFSHORE MASTER FUND, L.P.
By: HealthCor Group, LLC, its general partner
By: /s/ John H. Coghlin
-------------------------------------
Name: John H. Coghlin
Title: General Counsel
HEALTHCOR HYBRID OFFSHORE GP, LLC, for itself and as general
partner of behalf of HEALTHCOR HYBRID OFFSHORE MASTER FUND,
L.P.
By: HealthCor Group, LLC, its general partner
By: /s/ John H. Coghlin
-------------------------------------
Name: John H. Coghlin
Title: General Counsel
CUSIP No. 640268108 13G Page 20 of 20 Pages
HEALTHCOR LONG MASTER GP, LLC, for itself and as general
partner of behalf of HEALTHCOR LONG OFFSHORE MASTER FUND, L.P.
By: HealthCor Group, LLC, its general partner
By: /s/ John H. Coghlin
-------------------------------------
Name: John H. Coghlin
Title: General Counsel
HEALTHCOR ASSOCIATES, LLC
By: /s/ John H. Coghlin
-------------------------------------
Name: John H. Coghlin
Title: General Counsel
HEALTHCOR GROUP, LLC
By: /s/ John H. Coghlin
-------------------------------------
Name: John H. Coghlin
Title: General Counsel
JOSEPH HEALEY, Individually
/s/ Joseph Healey
-----------------------------------
ARTHUR COHEN, Individually
/s/ Arthur Cohen
-----------------------------------
EXHIBIT 1
JOINT ACQUISITION STATEMENT PURSUANT TO RULE 13d-1(k)
The undersigned acknowledge and agree that the foregoing statement on
Schedule 13G is filed on behalf of each of the undersigned and that all
subsequent amendments to this statement on Schedule 13G shall be filed on behalf
of each of the undersigned without the necessity of filing additional joint
acquisition statements. The undersigned acknowledge that each shall be
responsible for the completeness and accuracy of the information concerning the
others, except to the extent that he or it knows or has reason to believe that
such information is inaccurate.
Dated: February 9, 2012
HEALTHCOR MANAGEMENT, L.P.
By: HealthCor Associates, LLC, its general
partner
By: /s/ John H. Coghlin
-------------------------------------
Name: John H. Coghlin
Title: General Counsel
HEALTHCOR CAPITAL, L.P., for itself and as general partner on
behalf of HEALTHCOR L.P.
By: HealthCor Group, LLC, its general partner
By: /s/ John H. Coghlin
-------------------------------------
Name: John H. Coghlin
Title: General Counsel
HEALTHCOR OFFSHORE GP, LLC, for itself and as general partner
of behalf of HEALTHCOR OFFSHORE MASTER FUND, L.P.
By: HealthCor Group, LLC, its general partner
By: /s/ John H. Coghlin
-------------------------------------
Name: John H. Coghlin
Title: General Counsel
HEALTHCOR HYBRID OFFSHORE GP, LLC, for itself and as general
partner of behalf of HEALTHCOR HYBRID OFFSHORE MASTER FUND,
L.P.
By: HealthCor Group, LLC, its general partner
By: /s/ John H. Coghlin
-------------------------------------
Name: John H. Coghlin
Title: General Counsel
HEALTHCOR LONG MASTER GP, LLC, for itself and as general
partner of behalf of HEALTHCOR LONG OFFSHORE MASTER FUND, L.P.
By: HealthCor Group, LLC, its general partner
By: /s/ John H. Coghlin
-------------------------------------
Name: John H. Coghlin
Title: General Counsel
HEALTHCOR ASSOCIATES, LLC
By: /s/ John H. Coghlin
-------------------------------------
Name: John H. Coghlin
Title: General Counsel
HEALTHCOR GROUP, LLC
By: /s/ John H. Coghlin
-------------------------------------
Name: John H. Coghlin
Title: General Counsel
JOSEPH HEALEY, Individually
/s/ Joseph Healey
-----------------------------------
ARTHUR COHEN, Individually
/s/ Arthur Cohen
-----------------------------------