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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(AMENDMENT NO 1)*

 

 

EPOCRATES, INC.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

29429D 10 3

(CUSIP Number)

December 31, 2012

(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 16 Pages


Cusip No. 29429D 10 3   13G   Page 2 of 16 Pages

 

  1   

NAME OF REPORTING PERSONS

 

InterWest Partners VII, LP

 

I.R.S. IDENTIFICATION NO(S). OF ABOVE PERSON(S) (ENTITIES ONLY)

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)   ¨         (b)   ¨

 

  3  

SEC USE ONLY

 

  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

California

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

REPORTING

PERSON

WITH

     

SOLE VOTING POWER

 

1,885,124

   6   

SHARED VOTING POWER

 

0

   7   

SOLE DISPOSITIVE POWER

 

1,885,124

   8   

SHARED DISPOSITIVE POWER

 

0

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

1,885,124

10  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES :   ¨

 

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

7.58%

12  

TYPE OF REPORTING PERSON

 

PN

 

 

Page 2 of 16 Pages


Cusip No. 29429D 10 3   13G   Page 3 of 16 Pages

 

  1   

NAME OF REPORTING PERSONS

 

InterWest Investors VII, LP

 

I.R.S. IDENTIFICATION NO(S). OF ABOVE PERSON(S) (ENTITIES ONLY)

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)   ¨         (b)   ¨

 

  3  

SEC USE ONLY

 

  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

California

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

REPORTING

PERSON

WITH

     

SOLE VOTING POWER

 

87,087

   6   

SHARED VOTING POWER

 

0

   7   

SOLE DISPOSITIVE POWER

 

87,087

   8   

SHARED DISPOSITIVE POWER

 

0

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

87,087

10  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES :   ¨

 

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

0.35%

12  

TYPE OF REPORTING PERSON

 

PN

 

 

Page 3 of 16 Pages


Cusip No. 29429D 10 3   13G   Page 4 of 16 Pages

 

  1   

NAME OF REPORTING PERSONS

 

InterWest Management Partners VII, LLC (the General Partner of InterWest Partners VII, LP and InterWest Investors VII, LP)

 

I.R.S. IDENTIFICATION NO(S). OF ABOVE PERSON(S) (ENTITIES ONLY)

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a)   ¨         (b)   ¨

 

  3  

SEC USE ONLY

 

  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

California

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

REPORTING

PERSON

WITH

     

SOLE VOTING POWER

 

1,972,211

   6   

SHARED VOTING POWER

 

0

   7   

SOLE DISPOSITIVE POWER

 

1,972,211

   8   

SHARED DISPOSITIVE POWER

 

0

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

1,972,211

10  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES :   ¨

 

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

7.93%

12  

TYPE OF REPORTING PERSON

 

OO

 

 

Page 4 of 16 Pages


Cusip No. 29429D 10 3   13G   Page 5 of 16 Pages

 

  1   

NAME OF REPORTING PERSONS

 

Harvey B. Cash (a Managing Director of InterWest Management Partners VII, LLC)

 

I.R.S. IDENTIFICATION NO(S). OF ABOVE PERSON(S) (ENTITIES ONLY)

  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

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

REPORTING

PERSON

WITH

     

SOLE VOTING POWER

 

0

   6   

SHARED VOTING POWER

 

1,972,211

   7   

SOLE DISPOSITIVE POWER

 

0

   8   

SHARED DISPOSITIVE POWER

 

1,972,211

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

1,972,211

10  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES :   ¨

 

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

7.9%

12  

TYPE OF REPORTING PERSON

 

IN

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 5 of 16 Pages


Cusip No. 29429D 10 3   13G   Page 6 of 16 Pages

 

  1   

NAME OF REPORTING PERSONS

 

Philip T. Gianos (a Managing Director of InterWest Management Partners VII, LLC)

 

I.R.S. IDENTIFICATION NO(S). OF ABOVE PERSON(S) (ENTITIES ONLY)

  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

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

REPORTING

PERSON

WITH

     

SOLE VOTING POWER

 

0

   6   

SHARED VOTING POWER

 

1,972,211

   7   

SOLE DISPOSITIVE POWER

 

0

   8   

SHARED DISPOSITIVE POWER

 

1,972,211

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

1,972,211

10  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES :   ¨

 

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

7.9%

12  

TYPE OF REPORTING PERSON

 

IN

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 6 of 16 Pages


Cusip No. 29429D 10 3   13G   Page 7 of 16 Pages

 

  1   

NAME OF REPORTING PERSONS

 

W. Scott Hedrick (a Managing Director of InterWest Management Partners VII, LLC)

 

I.R.S. IDENTIFICATION NO(S). OF ABOVE PERSON(S) (ENTITIES ONLY)

  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

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

REPORTING

PERSON

WITH

     

SOLE VOTING POWER

 

0

   6   

SHARED VOTING POWER

 

1,972,211

   7   

SOLE DISPOSITIVE POWER

 

0

   8   

SHARED DISPOSITIVE POWER

 

1,972,211

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

1,972,211

10  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES :   ¨

 

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

7.9%

12  

TYPE OF REPORTING PERSON

 

IN

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 7 of 16 Pages


Cusip No. 29429D 10 3   13G   Page 8 of 16 Pages

 

  1   

NAME OF REPORTING PERSONS

 

W. Stephen Holmes III (a Managing Director of InterWest Management Partners VII, LLC)

 

I.R.S. IDENTIFICATION NO(S). OF ABOVE PERSON(S) (ENTITIES ONLY)

  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

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

REPORTING

PERSON

WITH

     

SOLE VOTING POWER

 

0

   6   

SHARED VOTING POWER

 

1,972,211

   7   

SOLE DISPOSITIVE POWER

 

0

   8   

SHARED DISPOSITIVE POWER

 

1,972,211

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

1,972,211

10  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES :   ¨

 

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

7.9%

12  

TYPE OF REPORTING PERSON

 

IN

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 III 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 8 of 16 Pages


Cusip No. 29429D 10 3   13G   Page 9 of 16 Pages

 

  1   

NAME OF REPORTING PERSONS

 

Gilbert H. Kliman (a Managing Director of InterWest Management Partners VII, LLC)

 

I.R.S. IDENTIFICATION NO(S). OF ABOVE PERSON(S) (ENTITIES ONLY)

  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

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

REPORTING

PERSON

WITH

     

SOLE VOTING POWER

 

31,440

   6   

SHARED VOTING POWER

 

1,972,211

   7   

SOLE DISPOSITIVE POWER

 

31,440

   8   

SHARED DISPOSITIVE POWER

 

1,972,211

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

2,003,651

10  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES :   ¨

 

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

8.1%

12  

TYPE OF REPORTING PERSON

 

IN

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 9 of 16 Pages


Cusip No. 29429D 10 3   13G   Page 10 of 16 Pages

 

  1   

NAME OF REPORTING PERSONS

 

Arnold L. Oronsky (a Managing Director of InterWest Management Partners VII, LLC)

 

I.R.S. IDENTIFICATION NO(S). OF ABOVE PERSON(S) (ENTITIES ONLY)

  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

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

REPORTING

PERSON

WITH

     

SOLE VOTING POWER

 

0

   6   

SHARED VOTING POWER

 

1,972,211

   7   

SOLE DISPOSITIVE POWER

 

0

   8   

SHARED DISPOSITIVE POWER

 

1,972,211

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

1,972,211

10  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES :   ¨

 

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

7.9%

12  

TYPE OF REPORTING PERSON

 

IN

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 10 of 16 Pages


Cusip No. 29429D 10 3   13G   Page 11 of 16 Pages

 

  1   

NAME OF REPORTING PERSONS

 

Thomas L. Rosch (a Managing Director of InterWest Management Partners VII, LLC)

 

I.R.S. IDENTIFICATION NO(S). OF ABOVE PERSON(S) (ENTITIES ONLY)

  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

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

REPORTING

PERSON

WITH

     

SOLE VOTING POWER

 

0

   6   

SHARED VOTING POWER

 

1,972,211

   7   

SOLE DISPOSITIVE POWER

 

0

   8   

SHARED DISPOSITIVE POWER

 

1,972,211

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

1,972,211

10  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES :   ¨

 

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

7.9%

12  

TYPE OF REPORTING PERSON

 

IN

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 11 of 16 Pages


ITEM 1.

 

(a) NAME OF ISSUER : Epocrates, Inc.

 

(b) ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICE :

1100 Park Place, Suite 300, San Mateo, CA 94403

ITEM 2.

 

(a) NAME OF PERSON(S) FILING:

InterWest Partners VII, LP (“IWP VII”)

InterWest Investors VII, LP (“II VII”)

InterWest Management Partners VII, LLC (“IMP VII”)

Harvey B. Cash (“Cash”)

Philip T. Gianos (“Gianos”)

W. Scott Hedrick (“Hedrick”)

W. Stephen Holmes III (“Holmes”)

Gilbert H. Kliman (“Kliman”)

Arnold L. Oronsky (“Oronsky”)

Thomas L. Rosch (“Rosch”)

 

(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE :

2710 Sand Hill Road, Suite 200, Menlo Park, CA 94025

 

(c) CITIZENSHIP/PLACE OF ORGANIZATION:

 

IWP VII:    California
II VII:    California
IMP VII:    California
Cash:    United States
Gianos:    United States
Hedrick:    United States
Holmes:    United States
Kliman:    United States
Oronsky:    United States
Rosch:    United States

 

Page 12 of 16 Pages


(d) TITLE OF CLASS OF SECURITIES: Common Stock

 

(e) CUSIP NUMBER: 29429D 10 3

ITEM 3. NOT APPLICABLE.

ITEM 4. OWNERSHIP.

 

     IWP VII     II VII     IMP VII (1)  

Beneficial Ownership

     1,885,124        87,087        1,972,211   

Percentage of Class

     7.58     0.35     7.93

Sole Voting Power

     1,885,124        87,087        1,972,211   

Shared Voting Power

     0        0        0   

Sole Dispositive Power

     1,885,124        87,087        1,972,211   

Shared Dispositive Power

     0        0        0   

 

     Cash (2)     Gianos (2)     Hedrick (2)  

Beneficial Ownership

     1,972,211        1,972,211        1,972,211   

Percentage of Class

     7.9     7.9     7.9

Sole Voting Power

     0        0        0   

Shared Voting Power

     1,972,211        1,972,211        1,972,211   

Sole Dispositive Power

     0        0        0   

Shared Dispositive Power

     1,972,211        1,972,211        1,972,211   

 

     Holmes (2)     Kliman (2)**     Oronsky (2)     Rosch (2)  

Beneficial Ownership

     1,972,211        2,003,651        1,972,211        1,972,211   

Percentage of Class

     7.9     8.1     7.9     7.9

Sole Voting Power

     0        31,440        0        0   

Shared Voting Power

     1,972,211        1,972,211        1,972,211        1,972,211   

Sole Dispositive Power

     0        31,440        0        0   

Shared Dispositive Power

     1,972,211        1,972,211        1,972,211        1,972,211   

 

** Includes 31,440 shares issuable to Kliman pursuant to outstanding options exercisable within 60 days of December 31, 2012.
(1) IMP VII is the general partner of IWP VII and II VII.
(2) Cash, Gianos, Hedrick, Holmes, Kliman, Oronsky, and Rosch are Managing Directors of IMP VII.

 

Page 13 of 16 Pages


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 limited liability company operating agreement of IMP VII, the members of such limited liability company have the right to receive dividends from, or the proceeds from the sale of, the common stock of Issuer beneficially owned by such limited liability company.

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.

ITEM 9. NOTICE OF DISSOLUTION OF THE GROUP.

Not applicable.

 

ITEM 10. CERTIFICATION.

Not applicable.

EXHIBITS

Joint Filing Statement attached as Exhibit A.

 

Page 14 of 16 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 14, 2013

 

      INTERWEST PARTNERS VII, LP
      By:   InterWest Management Partners VII, LLC
By:  

/s/ Harvey B. Cash

      its General Partner
Name:   Harvey B. Cash      
        By:  

/s/ W. Stephen Holmes

By:  

/s/ Philip T. Gianos

        Managing Director
Name:   Philip T. Gianos      
      INTERWEST INVESTORS VII, LP
By:  

/s/ W. Scott Hedrick

     
Name:   W. Scott Hedrick     By:   InterWest Management Partners VII, LLC
        its General Partner
By:  

/s/ W. Stephen Holmes

     
Name:   W. Stephen Holmes III       By:  

/s/ W. Stephen Holmes

          Managing Director
By:  

/s/ Gilbert H. Kliman

     
Name:   Gilbert H. Kliman      
      INTERWEST MANAGEMENT PARTNERS VII, 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      

 

Page 15 of 16 Pages

Epocrates, Inc. (MM) (NASDAQ:EPOC)
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Epocrates, Inc. (MM) (NASDAQ:EPOC)
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