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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
------------
SCHEDULE 13G/A
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO
RULES 13d-1 (b), (c) AND (d) AND AMENDMENTS THERETO
FILED PURSUANT TO 13d-2 (b)
(Amendment No. 2)*
TheraSense Inc.
--------------------------------------------------------------------------------
(Name of Issuer)
Common Stock
--------------------------------------------------------------------------------
(Title of Class of Securities)
883381 10 5
--------------------------------------------------------------------------------
(CUSIP Number)
12-31-2003
--------------------------------------------------------------------------------
(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)
|X| 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).
Page 1 of 25 pages
CUSIP No. 883381 10 5 Page 2 of 25 Pages
--------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
InterWest Partners V, LP
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |_|
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
California
--------------------------------------------------------------------------------
5 SOLE VOTING POWER
100,306
--------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 0
OWNED BY --------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 100,306
WITH --------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
100,306
--------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
--------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.2%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
--------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
Page 2 of 25 pages
CUSIP No. 883381 10 5 Page 3 of 25 Pages
--------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
InterWest Management Partners V, LP (the general partner of InterWest
Partners V, LP)
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |_|
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
California
--------------------------------------------------------------------------------
5 SOLE VOTING POWER
100,306
--------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 0
OWNED BY --------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 100,306
WITH --------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
100,306
--------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
--------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.2%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
--------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
Page 3 of 25 pages
CUSIP No. 883381 10 5 Page 4 of 25 Pages
--------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
InterWest Partners VI, LP
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |_|
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
California
--------------------------------------------------------------------------------
5 SOLE VOTING POWER
3,237,103
--------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 0
OWNED BY --------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 3,237,103
WITH --------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,237,103
--------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
--------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
7.8%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
--------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
Page 4 of 25 pages
CUSIP No. 883381 10 5 Page 5 of 25 Pages
--------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
InterWest Investors VI, LP
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |_|
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
California
--------------------------------------------------------------------------------
5 SOLE VOTING POWER
101,494
--------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 0
OWNED BY --------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 101,494
WITH --------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
101,494
--------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
--------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.2%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
--------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
Page 5 of 25 pages
CUSIP No. 883381 10 5 Page 6 of 25 Pages
--------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
InterWest Management Partners VI, LLC (the general partner of InterWest
Partners VI, LP and InterWest Investors VI, LP)
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |_|
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
California
--------------------------------------------------------------------------------
5 SOLE VOTING POWER
3,338,597
--------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 0
OWNED BY --------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 3,338,597
WITH --------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,338,597
--------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
--------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
8.0%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
--------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
Page 6 of 25 pages
CUSIP No. 883381 10 5 Page 7 of 25 Pages
--------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
InterWest Partners VII, LP
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |_|
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
California
--------------------------------------------------------------------------------
5 SOLE VOTING POWER
1,449,082
--------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 0
OWNED BY --------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 1,449,082
WITH --------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,449,082
--------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
--------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
3.5%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
--------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
Page 7 of 25 pages
CUSIP No. 883381 10 5 Page 8 of 25 Pages
--------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
InterWest Investors VII, LP
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |_|
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
California
--------------------------------------------------------------------------------
5 SOLE VOTING POWER
69,396
--------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 0
OWNED BY --------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 69,396
WITH --------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
69,396
--------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
--------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.2%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
--------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
Page 8 of 25 pages
CUSIP No. 883381 10 5 Page 9 of 25 Pages
--------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
InterWest Management Partners VII, LLC (the general partner of InterWest
Partners VII, LP and InterWest Investors VII, LP)
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |_|
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
California
--------------------------------------------------------------------------------
5 SOLE VOTING POWER
1,518,478
--------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 0
OWNED BY --------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 1,518,478
WITH --------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,518,478
--------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
--------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
3.6%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
--------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
Page 9 of 25 pages
CUSIP No. 883381 10 5 Page 10 of 25 Pages
--------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Stephen C. Bowsher (a Venture Member of InterWest Management Partners VII,
LLC)
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |_|
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
--------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 1,518,478
OWNED BY --------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0
WITH --------------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,518,478
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,518,478
--------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
--------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
3.6%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
--------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
Neither the filing of this statement on Schedule 13G nor any of its contents
shall be deemed to constitute an admission by Stephen C. Bowsher that he is the
beneficial owner of any of the Common Stock referred to herein for purposes of
Section 13(d) of the Securities Exchange Act of 1934, as amended, or for any
other purpose, and such beneficial ownership is expressly disclaimed, except to
the extent of his pecuniary interest.
Page 10 of 25 pages
CUSIP No. 883381 10 5 Page 11 of 25 Pages
--------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Harvey B. Cash (a Managing Director of InterWest Management Partners VI,
LLC and InterWest Management Partners VII, LLC )
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |_|
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
5 SOLE VOTING POWER
31,764
--------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 4,857,075
OWNED BY --------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 31,764
WITH --------------------------------------------------------
8 SHARED DISPOSITIVE POWER
4,857,075
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,888,839
--------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
--------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11.7%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
--------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
Neither the filing of this statement on Schedule 13G nor any of its contents
shall be deemed to constitute an admission by Harvey B. Cash that he is the
beneficial owner of any of the Common Stock referred to herein for purposes of
Section 13(d) of the Securities Exchange Act of 1934, as amended, or for any
other purpose, and such beneficial ownership is expressly disclaimed, except to
the extent of his pecuniary interest.
Page 11 of 25 pages
CUSIP No. 883381 10 5 Page 12 of 25 Pages
--------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Philip T. Gianos (a General Partner of InterWest Management Partners V,
LP, and a Managing Director of InterWest Management Partners VI, LLC and
InterWest Management Partners VII, LLC)
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |_|
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
--------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 4,957,381
OWNED BY --------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0
WITH --------------------------------------------------------
8 SHARED DISPOSITIVE POWER
4,957,381
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,957,381
--------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
--------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11.9%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
--------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
Neither the filing of this statement on Schedule 13G nor any of its contents
shall be deemed to constitute an admission by Philip T. Gianos that he is the
beneficial owner of any of the Common Stock referred to herein for purposes of
Section 13(d) of the Securities Exchange Act of 1934, as amended, or for any
other purpose, and such beneficial ownership is expressly disclaimed, except to
the extent of his pecuniary interest.
Page 12 of 25 pages
CUSIP No. 883381 10 5 Page 13 of 25 Pages
--------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Wallace R. Hawley (a General Partner of InterWest Management Partners V,
LP)
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |_|
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
--------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 100,306
OWNED BY --------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0
WITH --------------------------------------------------------
8 SHARED DISPOSITIVE POWER
100,306
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
100,306
--------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
--------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.2%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
--------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
Neither the filing of this statement on Schedule 13G nor any of its contents
shall be deemed to constitute an admission by Wallace R. Hawley that he is the
beneficial owner of any of the Common Stock referred to herein for purposes of
Section 13(d) of the Securities Exchange Act of 1934, as amended, or for any
other purpose, and such beneficial ownership is expressly disclaimed, except to
the extent of his pecuniary interest.
Page 13 of 25 pages
CUSIP No. 883381 10 5 Page 14 of 25 Pages
--------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
W. Scott Hedrick (a General Partner of InterWest Management Partners V,
LP, and a Managing Director of InterWest Management Partners VI, LLC and
InterWest Management Partners VII, LLC)
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |_|
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
5 SOLE VOTING POWER
10,882
--------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 4,957,381
OWNED BY --------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 10,882
WITH --------------------------------------------------------
8 SHARED DISPOSITIVE POWER
4,957,381
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,968,263
--------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
--------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11.9%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
--------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
Neither the filing of this statement on Schedule 13G nor any of its contents
shall be deemed to constitute an admission by W. Scott Hedrick that he is the
beneficial owner of any of the Common Stock referred to herein for purposes of
Section 13(d) of the Securities Exchange Act of 1934, as amended, or for any
other purpose, and such beneficial ownership is expressly disclaimed, except to
the extent of his pecuniary interest.
Page 14 of 25 pages
CUSIP No. 883381 10 5 Page 15 of 25 Pages
--------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
W. Stephen Holmes (a General Partner of InterWest Management Partners V,
LP, and a Managing Director of InterWest Management Partners VI, LLC and
InterWest Management Partners VII, LLC)
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |_|
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
--------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 4,957,381
OWNED BY --------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0
WITH --------------------------------------------------------
8 SHARED DISPOSITIVE POWER
4,957,381
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,957,381
--------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
--------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11.9%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
--------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
Neither the filing of this statement on Schedule 13G nor any of its contents
shall be deemed to constitute an admission by W. Stephen Holmes that he is the
beneficial owner of any of the Common Stock referred to herein for purposes of
Section 13(d) of the Securities Exchange Act of 1934, as amended, or for any
other purpose, and such beneficial ownership is expressly disclaimed, except to
the extent of his pecuniary interest.
Page 15 of 25 pages
CUSIP No. 883381 10 5 Page 16 of 25 Pages
--------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Gilbert H. Kliman (a Venture Member of InterWest Management Partners VI,
LLC and a Managing Director of InterWest Management Partners VII, LLC)
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |_|
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
5 SOLE VOTING POWER
10,000
--------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 4,857,075
OWNED BY --------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 10,000
WITH --------------------------------------------------------
8 SHARED DISPOSITIVE POWER
4,857,075
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,867,075
--------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
--------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11.7%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
--------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
Neither the filing of this statement on Schedule 13G nor any of its contents
shall be deemed to constitute an admission by Gilbert H. Kliman that he is the
beneficial owner of any of the Common Stock referred to herein for purposes of
Section 13(d) of the Securities Exchange Act of 1934, as amended, or for any
other purpose, and such beneficial ownership is expressly disclaimed, except to
the extent of his pecuniary interest.
Page 16 of 25 pages
CUSIP No. 883381 10 5 Page 17 of 25 Pages
--------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Robert R. Momsen (a General Partner of InterWest Management Partners V,
LP, and a Managing Director of InterWest Management Partners VI, LLC)
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |_|
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
5 SOLE VOTING POWER
239,647
--------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 3,438,903
OWNED BY --------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 239,647
WITH --------------------------------------------------------
8 SHARED DISPOSITIVE POWER
3,438,903
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,678,550
--------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
--------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
8.8%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
--------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
Neither the filing of this statement on Schedule 13G nor any of its contents
shall be deemed to constitute an admission by Robert R. Momsen that he is the
beneficial owner of any of the Common Stock referred to herein for purposes of
Section 13(d) of the Securities Exchange Act of 1934, as amended, or for any
other purpose, and such beneficial ownership is expressly disclaimed, except to
the extent of his pecuniary interest.
Page 17 of 25 pages
CUSIP No. 883381 10 5 Page 18 of 25 Pages
--------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Arnold L. Oronsky (a General Partner of InterWest Management Partners V,
LP, and a Managing Director of InterWest Management Partners VI, LLC and
InterWest Management Partners VII, LLC)
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |_|
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
--------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 4,957,381
OWNED BY --------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0
WITH --------------------------------------------------------
8 SHARED DISPOSITIVE POWER
4,957,381
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,957,381
--------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
--------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11.9%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
--------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
Neither the filing of this statement on Schedule 13G nor any of its contents
shall be deemed to constitute an admission by Arnold L. Oronsky that he is the
beneficial owner of any of the Common Stock referred to herein for purposes of
Section 13(d) of the Securities Exchange Act of 1934, as amended, or for any
other purpose, and such beneficial ownership is expressly disclaimed, except to
the extent of his pecuniary interest.
Page 18 of 25 pages
CUSIP No. 883381 10 5 Page 19 of 25 Pages
--------------------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Thomas L. Rosch (a Managing Director of InterWest Management Partners VII,
LLC)
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |_|
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
--------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 1,518,478
OWNED BY --------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0
WITH --------------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,518,478
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,518,478
--------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
--------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
3.6%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
--------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
Neither the filing of this statement on Schedule 13G nor any of its contents
shall be deemed to constitute an admission by Thomas L. Rosch that he is the
beneficial owner of any of the Common Stock referred to herein for purposes of
Section 13(d) of the Securities Exchange Act of 1934, as amended, or for any
other purpose, and such beneficial ownership is expressly disclaimed, except to
the extent of his pecuniary interest.
Page 19 of 25 pages
Item 1.
(a) Name of Issuer: TheraSense, Inc. ("Issuer")
(b) Address of Issuer's Principal Executive Offices:
1360 South Loop Road
Alameda, CA 94502
Item 2.
(a) Name of Person(s) Filing:
InterWest Partners V, LP ("IWP V")
InterWest Management Partners V, LP ("IMP V")
InterWest Partners VI, LP ("IWP VI")
InterWest Investors VI, LP ("II VI")
InterWest Management Partners VI, LLC ("IMP VI")
InterWest Partners VII, LP ("IWP VII")
InterWest Investors VII, LP ("II VII")
InterWest Management Partners VII, LLC ("IMP VII")
Stephen C. Bowsher ("Bowsher")
Harvey B. Cash ("Cash")
Philip T. Gianos ("Gianos")
Wallace R Hawley ("Hawley")
W. Scott Hedrick ("Hedrick")
W. Stephen Holmes ("Holmes")
Gilbert H. Kliman ("Kliman")
Robert R. Momsen ("Momsen")
Arnold L. Oronsky ("Oronsky")
Thomas L. Rosch ("Rosch")
(b) Address of Principal Business Office or, if none, Residence:
2710 Sand Hill Road
Second Floor
Menlo Park, CA 94025
Page 20 of 25 pages
(c) Citizenship/Place of Organization:
IWP V: California
IMP V: California
IWP VI: California
II VI: California
IMP VI: California
IWP VII: California
II VII: California
IMP VII: California
Bowsher: United States
Cash: United States
Gianos: United States
Hawley United States
Hedrick: United States
Holmes: United States
Kliman: United States
Momsen: United States
Oronsky: United States
Rosch: United States
(d) Title of Class of Securities: Common Stock
(e) CUSIP Number: 883381 10 5
Item 3. Not applicable.
Item 4. Ownership.
======== ============ ========= ========= =========== =========== =========== ============= ============ =============
IWP V IMP V IWP VI II VI IMP VI IWP VII II VII IMP VII
-------- ------------ --------- --------- ----------- ----------- ----------- ------------- ------------ -------------
(a) Beneficial
Ownership 100,306 100,306 3,237,103 101,494 3,338,597 1,449,082 69,396 1,518,478
-------- ------------ --------- --------- ----------- ----------- ----------- ------------- ------------ -------------
(b) Percentage
of Class 0.2% 0.2% 7.8% 0.2% 8.0% 3.5% 0.2% 3.6%
-------- ------------ --------- --------- ----------- ----------- ----------- ------------- ------------ -------------
(c) Sole Voting
Power 100,306 100,306 3,237,103 101,494 3,338,597 1,449,082 69,396 1,518,478
-------- ------------ --------- --------- ----------- ----------- ----------- ------------- ------------ -------------
Shared
Voting
Power 0 0 0 0 0 0 0 0
-------- ------------ --------- --------- ----------- ----------- ----------- ------------- ------------ -------------
Sole
Dispositive
Power 100,306 100,306 3,237,103 101,494 3,338,597 1,449,082 69,396 1,518,478
-------- ------------ --------- --------- ----------- ----------- ----------- ------------- ------------ -------------
Shared
Dispositive
Power 0 0 0 0 0 0 0 0
======== ============ ========= ========= =========== =========== =========== ============= ============ =============
Page 21 of 25 pages
======== ============ =========== =========== ========== =========== ============ ========== ==============
Bowsher Other
Rosch Cash Hawley Hedrick Momsen Kliman Individuals *
-------- ------------ ----------- ----------- ---------- ----------- ------------ ---------- --------------
(a) Beneficial
Ownership 1,518,478 4,888,839 100,306 4,968,263 3,678,550** 4,867,075 4,957,381
-------- ------------ ----------- ----------- ---------- ----------- ------------ ---------- --------------
(b) Percentage
of Class 3.6% 11.7% 0.2% 11.9% 8.8% 11.7% 11.9%
-------- ------------ ----------- ----------- ---------- ----------- ------------ ---------- --------------
(c) Sole Voting
Power 0 31,764 0 10,882 239,647** 10,000 0
-------- ------------ ----------- ----------- ---------- ----------- ------------ ---------- --------------
Shared
Voting
Power 1,518,478 4,857,075 100,306 4,957,381 3,438,903 4,857,075 4,957,381
-------- ------------ ----------- ----------- ---------- ----------- ------------ ---------- --------------
Sole
Dispositive
Power 0 31,764 0 10,882 239,647** 10,000 0
-------- ------------ ----------- ----------- ---------- ----------- ------------ ---------- --------------
Shared
Dispositive
Power 1,518,478 4,857,075 100,306 4,957,381 3,438,903 4,857,075 4,957,381
======== ============ =========== =========== ========== =========== ============ ========== ==============
*Individuals included in this column are Gianos, Holmes, and Oronsky all of whom
are General Partners of IMP V and Managing Directors of IMP VI and IMP VII.
**Momsen includes options exercisable through 2/29/04 representing 35,000 shares
of common stock.
Item 5. Ownership of Five Percent or Less of a Class
Not applicable.
Item 6. Ownership of More than Five Percent on Behalf of Another Person
Under certain circumstances set forth in the partnership agreement of IMP V, and
the limited liability operating agreements of IMP VI and IMP VII, the general
partners and/or limited partners of such partnerships and the members of such
limited liability companies have the right to receive dividends from, or the
proceeds from the sale of, the Common Stock of Issuer beneficially owned by such
partnerships and limited liability companies.
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
No reporting person is a member of a group as defined in section
240.13d-1(b)(1)(iii)(H) of the Act.
Page 22 of 25 pages
Item 9. Notice of Dissolution of Group
Not applicable.
Item 10. Certification
Not applicable
EXHIBITS
A. Joint Filing Statement
Page 23 of 25 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.
Date: February ____, 2004
INTERWEST PARTNERS V, LP
By: InterWest Management Partners V, LP By: /s/ Stephen C. Bowsher
-------------------------------------
Name: Stephen C. Bowsher
By: /s/ W. Stephen Holmes
-------------------------------------------
General Partner By: /s/ Harvey B. Cash
-------------------------------------
Name: Harvey B. Cash
INTERWEST MANAGEMENT PARTNERS V, LP
By: /s/ Philip T. Gianos
-------------------------------------
By: /s/ W. Stephen Holmes Name: Philip T. Gianos
----------------------------------------------
General Partner
By: /s/ Wallace R. Hawley
-------------------------------------
INTERWEST PARTNERS VI, LP Name: Wallace R. Hawley
By: InterWest Management Partners VI, LLC By: /s/ W. Scott Hedrick
-------------------------------------
Name: W. Scott Hedrick
By: /s/ W. Stephen Holmes
------------------------------------------
Managing Director By: /s/ W. Stephen Holmes
-------------------------------------
Name: W. Stephen Holmes
INTERWEST INVESTORS VI, LP
By: /s/ Gilbert H. Kliman
-------------------------------------
By: InterWest Management Partners VI, LLC Name: Gilbert H. Kliman
By: /s/ W. Stephen Holmes By: /s/ Robert R. Momsen
------------------------------------------ -------------------------------------
Managing Director Name: Robert R. Momsen
INTERWEST MANAGEMENT PARTNERS VI, LLC By: /s/ Arnold L. Oronsky
-------------------------------------
Name: Arnold L. Oronsky
By: /s/ W. Stephen Holmes
----------------------------------------------
Managing Director By: /s/ Thomas L. Rosch
-------------------------------------
Name: Thomas L. Rosch
INTERWEST PARTNERS VII, LP
By: InterWest Management Partners VII, LLC
By: /s/ W. Stephen Holmes
------------------------------------------
Managing Director
INTERWEST INVESTORS VII, LP
By: InterWest Management Partners VII, LLC
By: /s/ W. Stephen Holmes
------------------------------------------
Managing Director
INTERWEST MANAGEMENT PARTNERS VII, LLC
By: /s/ W. Stephen Holmes
----------------------------------------------
Managing Director
Page 24 of 25 pages
EXHIBIT A
JOINT FILING STATEMENT
We, the undersigned, hereby express our agreement that the attached Schedule 13G
is filed on behalf of each of us.
Date: February ____, 2004
INTERWEST PARTNERS V, LP
By: InterWest Management Partners V, LP By: /s/ Stephen C. Bowsher
-------------------------------------
Name: Stephen C. Bowsher
By: /s/ W. Stephen Holmes
-------------------------------------------
General Partner By: /s/ Harvey B. Cash
-------------------------------------
Name: Harvey B. Cash
INTERWEST MANAGEMENT PARTNERS V, LP
By: /s/ Philip T. Gianos
-------------------------------------
By: /s/ W. Stephen Holmes Name: Philip T. Gianos
----------------------------------------------
General Partner
By: /s/ Wallace R. Hawley
-------------------------------------
INTERWEST PARTNERS VI, LP Name: Wallace R. Hawley
By: InterWest Management Partners VI, LLC By: /s/ W. Scott Hedrick
-------------------------------------
Name: W. Scott Hedrick
By: /s/ W. Stephen Holmes
------------------------------------------
Managing Director By: /s/ W. Stephen Holmes
-------------------------------------
Name: W. Stephen Holmes
INTERWEST INVESTORS VI, LP
By: /s/ Gilbert H. Kliman
-------------------------------------
By: InterWest Management Partners VI, LLC Name: Gilbert H. Kliman
By: /s/ W. Stephen Holmes By: /s/ Robert R. Momsen
------------------------------------------ -------------------------------------
Managing Director Name: Robert R. Momsen
INTERWEST MANAGEMENT PARTNERS VI, LLC By: /s/ Arnold L. Oronsky
-------------------------------------
Name: Arnold L. Oronsky
By: /s/ W. Stephen Holmes
----------------------------------------------
Managing Director By: /s/ Thomas L. Rosch
-------------------------------------
Name: Thomas L. Rosch
INTERWEST PARTNERS VII, LP
By: InterWest Management Partners VII, LLC
By: /s/ W. Stephen Holmes
------------------------------------------
Managing Director
INTERWEST INVESTORS VII, LP
By: InterWest Management Partners VII, LLC
By: /s/ W. Stephen Holmes
------------------------------------------
Managing Director
INTERWEST MANAGEMENT PARTNERS VII, LLC
By: /s/ W. Stephen Holmes
----------------------------------------------
Managing Director
Page 25 of 25 pages