UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D
Under the Securities Exchange Act of 1934

(Amendment No. 39)

 

Genomic Health, Inc.
(Name of Issuer)
     
Common Stock, par value $0.0001 per share
(Title of Class of Securities)
     
  37244C101  
  (CUSIP Number)  
     

Alexandra A. Toohey

Chief Financial Officer

Baker Bros. Advisors LP

860 Washington Street, 3 rd Floor

New York, NY 10014

(212) 339-5690

(Name, address and telephone number of person authorized to receive notices and communications)

 
     
  March 14, 2019  
  (Date of Event which Requires Filing of this Statement)  
     
         

 

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box. ¨

 

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent.

 

*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 disclosures provided in a prior cover page.

 

The information required on 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 (the “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 13 Pages  

 

CUSIP No.   37244C101     Page   2   of    13   Pages

 

1

NAMES OF REPORTING PERSONS

 

Baker Bros. Advisors LP

 

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)

(a) ¨

(b)   ¨

 

3 SEC USE ONLY
4

SOURCE OF FUNDS (See Instructions)

 

OO

 

5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)  
6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

 

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7

SOLE VOTING POWER

 

10,716,480 (1)

 

8

SHARED VOTING POWER

 

0

 

9

SOLE DISPOSITIVE POWER

 

10,716,480 (1)

 

10

SHARED DISPOSITIVE POWER

 

0

 

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

10,716,480 (1)

 

12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)   ¨
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

28.9% (1)(2)

 

14

TYPE OF REPORTING PERSON (See Instructions)

 

IA, PN

 

           
(1) Includes 74,515 shares of the common stock of Genomic Health, Inc. (the “Issuer”) underlying options directly held by Julian C. Baker, 66,265 shares of the Issuer’s common stock underlying options directly held by Felix J. Baker, 40,662 shares of the Issuer’s common stock directly held by Julian C. Baker and 8,317 shares of the Issuer’s common stock directly held by Felix J. Baker.
(2) Based on 36,904,013 shares of the Issuer’s common stock outstanding as of February 22, 2019, as reported in the Issuer’s Form 10-K filed with the Securities and Exchange Commission (“SEC”) on February 28, 2019.

 

  Page 2 of 13 Pages  

 

CUSIP No.   37244C101      Page   3   of    13   Pages

 

1

NAMES OF REPORTING PERSONS

 

Baker Bros. Advisors (GP) LLC

  

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)

(a) ¨

(b)  ¨

 

3 SEC USE ONLY
4

SOURCE OF FUNDS (See Instructions)

 

OO

 

5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)  
6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

 

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7

SOLE VOTING POWER

 

10,716,480 (1)

 

8

SHARED VOTING POWER

 

0

 

9

SOLE DISPOSITIVE POWER

 

10,716,480 (1)

 

10

SHARED DISPOSITIVE POWER

 

0

 

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

10,716,480 (1)

 

12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) ¨
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

28.9% (1)(2)

 

14

TYPE OF REPORTING PERSON (See Instructions)

 

HC, OO

 

           
(1) Includes 74,515 shares of the common stock of the Issuer underlying options directly held by Julian C. Baker, 66,265 shares of the Issuer’s common stock underlying options directly held by Felix J. Baker, 40,662 shares of the Issuer’s common stock directly held by Julian C. Baker and 8,317 shares of the Issuer’s common stock directly held by Felix J. Baker.
(2) Based on 36,904,013 shares of the Issuer’s common stock outstanding as of February 22, 2019, as reported in the Issuer’s Form 10-K filed with the SEC on February 28, 2019.

  Page 3 of 13 Pages  

 

CUSIP No.   37244C101     Page  4   of    13   Pages

 

1

NAMES OF REPORTING PERSONS

 

Julian C. Baker

 

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)

(a) ¨

(b)  ¨

 

3 SEC USE ONLY
4

SOURCE OF FUNDS (See Instructions)

 

OO

 

5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)  
6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

United States

 

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7

SOLE VOTING POWER

 

10,890,377 (1)

 

8

SHARED VOTING POWER

 

0

 

9

SOLE DISPOSITIVE POWER

 

10,890,377 (1)

 

10

SHARED DISPOSITIVE POWER

 

0

 

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

10,890,377 (1)

 

12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)   ¨
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

29.4% (1)(2)

 

14

TYPE OF REPORTING PERSON (See Instructions)

 

IN, HC

 

           
(1) Includes 74,515 shares of the common stock of the Issuer underlying options directly held by Julian C. Baker, 66,265 shares of the Issuer’s common stock underlying options directly held by Felix J. Baker, 40,662 shares of the Issuer’s common stock directly held by Julian C. Baker and 8,317 shares of the Issuer’s common stock directly held by Felix J. Baker.
(2) Based on 36,904,013 shares of the Issuer’s common stock outstanding as of February 22, 2019, as reported in the Issuer’s Form 10-K filed with the SEC on February 28, 2019.

  Page 4 of 13 Pages  

 

CUSIP No.  37244C101     Page   5   of   13   Pages

 

1

NAMES OF REPORTING PERSONS

 

Felix J. Baker

 

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)

(a)  ¨

(b)  ¨

 

3 SEC USE ONLY
4

SOURCE OF FUNDS (See Instructions)

 

OO

 

5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)  
6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

United States

 

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7

SOLE VOTING POWER

 

10,890,377 (1)

 

8

SHARED VOTING POWER

 

0

 

9

SOLE DISPOSITIVE POWER

 

10,890,377 (1)

 

10

SHARED DISPOSITIVE POWER

 

0

 

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

10,890,377 (1)

 

12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions) ¨  
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

29.4% (1)(2)

 

14

TYPE OF REPORTING PERSON (See Instructions)

 

IN, HC

 

           
(1) Includes 74,515 shares of the common stock of the Issuer underlying options directly held by Julian C. Baker, 66,265 shares of the Issuer’s common stock underlying options directly held by Felix J. Baker, 40,662 shares of the Issuer’s common stock directly held by Julian C. Baker and 8,317 shares of the Issuer’s common stock directly held by Felix J. Baker.
(2) Based on 36,904,013 shares of the Issuer’s common stock outstanding as of February 22, 2019, as reported in the Issuer’s Form 10-K filed with the SEC on February 28, 2019.

 

  Page 5 of 13 Pages  

 

CUSIP No.   37244C101     Page   6   of   13   Pages

 

1

NAMES OF REPORTING PERSONS

 

FBB Associates

 

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)

(a) ¨

(b)  ¨

 

3 SEC USE ONLY
4

SOURCE OF FUNDS (See Instructions)

 

OO

 

5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)  
6

CITIZENSHIP OR PLACE OF ORGANIZATION

 

New York

 

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7

SOLE VOTING POWER

 

173,897

 

8

SHARED VOTING POWER

 

0

 

9

SOLE DISPOSITIVE POWER

 

173,897

 

10

SHARED DISPOSITIVE POWER

 

0

 

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

173,897

 

12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Instructions)   ¨
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

0.5% (1)

 

14

TYPE OF REPORTING PERSON (See Instructions)

 

OO

 

           
(1) Based on 36,904,013 shares of the Issuer’s common stock outstanding as of February 22, 2019, as reported in the Issuer’s Form 10-K filed with the SEC on February 28, 2019.

 

  Page 6 of 13 Pages  

 

 

Amendment No. 39 to Schedule 13D

 

This Amendment No. 39 to Schedule 13D amends and supplements the statements on the previously filed Schedule 13D, as amended, filed by Baker Bros. Advisors LP (the “Adviser”), Baker Bros. Advisors (GP) LLC (the “Adviser GP”), Julian C. Baker, Felix J. Baker, and FBB Associates (“FBB”) collectively, (the “Reporting Persons”). Except as supplemented herein, such statements, as hereto amended and supplemented, remain in full force and effect. Information given in response to each item shall be deemed incorporated by reference in all other items, as applicable. Each capitalized term used but not defined herein has the meaning ascribed to such term in the Schedule 13D, as amended.

 

The Adviser GP is the sole general partner of the Adviser. Pursuant to the management agreements, as amended, among the Adviser, Baker Brothers Life Sciences, L.P. (“Life Sciences”), 14159, L.P. (“14159”), 667, L.P. (“667”), Baker Bros. Investments, L.P. (“Baker Bros. Investments”), Baker Bros. Investments II, L.P. (“Baker Bros. Investments II”), and Baker/Tisch Investments, L.P. (“Baker Tisch”, and together with Life Sciences, 14159, 667, Baker Bros. Investments and Baker Bros. Investments II, the “Funds”), and their respective general partners, the Funds’ respective general partners relinquished to the Adviser all discretion and authority with respect to the investment and voting power of securities held by the Funds, and thus the Adviser has complete and unlimited discretion and authority with respect to the Funds’ investments and voting power over investments.

 

Item 3. Source and Amount of Funds or Other Consideration

 

Item 3 of Schedule 13D is supplemented and amended, as the case may be, as follows:

 

The disclosure in Item 4 below is incorporated herein by reference.

 

Item   4. Purpose of the Transaction.

 

Item 4 of Schedule 13D is supplemented and amended, as the case may be, as follows:

 

This Amendment No. 39 is being filed to report the sale of shares of the common stock of Genomic Health, Inc. (the “Issuer”) reported in Item 5(c) that resulted in a more than 1 percent change in beneficial ownership. The disclosure regarding the sales in Item 5(c) below is incorporated herein by reference.

 

The Funds hold securities of the Issuer for investment purposes. The Reporting Persons or their affiliates may dispose of additional securities of the Issuer or purchase securities in varying amounts and at varying times depending upon the Reporting Persons’ continuing assessments of pertinent factors, including the availability of shares of common stock or other securities for purchase at particular price levels, the business prospects of the Issuer, other business investment opportunities, economic conditions, stock market conditions, money market conditions, the attitudes and actions of the Board and management of the Issuer, the availability and nature of opportunities to dispose of shares of the Issuer and other plans and requirements of the particular entities. The Reporting Persons may discuss items of mutual interest with the Issuer, which could include items in subparagraphs (a) through (j) of Item 4 of Schedule 13D.

 

Depending upon their assessments of the above factors, the Reporting Persons or their affiliates may change their present intentions as stated above and they may make suggestions to the management of the Issuer regarding financing, and may acquire additional securities of the Issuer, including shares of common stock (by means of open market purchases, privately negotiated purchases, exercise of some or all of the Stock Options (as defined below), or otherwise) or may dispose of some or all of the securities of the Issuer, including shares of common stock, under their control.

 

  Page 7 of 13 Pages  

 

 

Except as otherwise disclosed herein, at the present time, the Reporting Persons do not have any plans or proposals with respect to any extraordinary corporate transaction involving the Issuer including, without limitation, those matters described in subparagraphs (a) through (j) of Item 4 of Schedule 13D.

 

Item 5. Interest in Securities of the Issuer.

 

Item 5 of this Schedule 13D is hereby amended and restated in its entirety as follows:

(a) and (b) Items 7 through 11 and 13 of each of the cover pages of this Amendment No. 39 are incorporated herein by reference. Set forth below is the aggregate number of shares of common stock of the Issuer directly held by each of the Funds and the percentage of the Issuer’s outstanding shares of common stock such holdings represent. The information set forth below is based upon 36,904,013 shares of common stock outstanding as of February 22, 2019, as reported in the Issuer’s Form 10-K filed with the SEC on February 28, 2019. Such percentage figures are calculated in accordance with Rule 13d-3 under the Securities Exchange Act of 1934, as amended.

 

Name   Number of Shares     Percentage of Class Outstanding  
Baker Bros. Investments, L.P.     133,122       0.4 %
Baker Bros. Investments II, L.P.     10,132       0.0 %
667, L.P.     1,331,658       3.6 %
Baker Brothers Life Sciences, L.P.     8,673,636       23.5 %
14159, L.P.     229,541       0.6 %
Baker/Tisch Investments, L.P.     148,632       0.4 %

 

The Adviser GP, Felix J. Baker and Julian C. Baker as managing members of the Adviser GP, and the Adviser may be deemed to be beneficial owners of securities of the Issuer directly held by the Funds, and may be deemed to have the power to vote or direct the vote of and the power to dispose or direct the disposition of such securities. Julian C. Baker and Felix J. Baker are also the sole partners of FBB, a general partnership, and as such may be deemed to be beneficial owners of shares of common stock directly held by FBB and may be deemed to have the power to vote or direct the vote and dispose or direct the disposition of those shares.

 

The Reporting Persons disclaim beneficial ownership of the securities directly held by each of the Funds, and this Amendment No. 39 shall not be deemed an admission that the Reporting Persons are the beneficial owners of such securities for purposes of Section 13(d) or for any other purpose.

 

Julian C. Baker and Felix J. Baker are Directors of the Issuer. Julian C. Baker serves as the Chair of the Nominating and Corporate Governance Committee and Felix J. Baker serves as the Chair of the Compensation Committee and serves on the Science & Technology Committee of the Issuer’s Board.

 

Felix J. Baker and Julian C. Baker serve on the Issuer’s Board as representatives of the Funds. Due to the agreements and policies of the Funds, Felix J. Baker and Julian C. Baker do not have any right to receive any profits from any securities received as compensation for serving as Directors of the Issuer and therefore have no pecuniary interest in the common stock, restricted stock received in lieu of director retainer fees (“Restricted Stock”) or options to purchase common stock of the Issuer (“Stock Options”) received by Felix J. Baker or Julian C. Baker as director compensation. Certain of the Funds are entitled to the pecuniary interest in such common stock, Restricted Stock and Stock Options as each holds an indirect pecuniary interest. Felix J. Baker and Julian C. Baker, solely as a result of their ownership interest in the general partners of the general partners of the Funds, may be deemed to have an indirect pecuniary interest in such common stock, Restricted Stock and Stock Options (i.e. no direct pecuniary interest).

 

  Page 8 of 13 Pages  

 

 

The Adviser has voting and investment power over the common stock, Restricted Stock and Stock Options held by Julian C. Baker and Felix J. Baker received as director compensation. The Adviser GP, and Felix J. Baker and Julian C. Baker as managing members of the Adviser GP, may be deemed to have the power to vote or direct the vote of and the power to dispose or direct the disposition of such common stock, Restricted Stock and Stock Options held by Julian C. Baker and Felix J. Baker received as director compensation.

 

(c) The following transactions in the common stock of the Issuer were effected by the Funds noted below during the fourteen days preceding the filing of this statement. The transactions in common stock effected the fifteenth to sixtieth days are disclosed on the previous Schedules 13D filed on February 28, 2019 and January 22, 2019. All transactions were effected in the over-the-counter market directly with a broker-dealer. Except as disclosed herein or in any previous amendments to this Schedule 13D, none of the Reporting Persons or their affiliates has effected any other transactions in securities of the Issuer during the past 60 days.

 

  Page 9 of 13 Pages  

 

Name Date Number of Shares   Transaction  Price/Share  Footnotes
Baker/Tisch Investments, L.P. 3/1/2019 118   Sale         77.6358 1
Baker Bros. Investments II, L.P. 3/1/2019 8   Sale         77.6358 1
Baker Bros. Investments, L.P. 3/1/2019 107   Sale         77.6358 1
14159, L.P. 3/1/2019 183   Sale         77.6358 1
667, L.P. 3/1/2019 1,060   Sale         77.6358 1
Baker Brothers Life Sciences, L.P. 3/1/2019 6,909   Sale         77.6358 1
Baker/Tisch Investments, L.P. 3/1/2019 1,001   Sale         77.1524 2
Baker Bros. Investments II, L.P. 3/1/2019 68   Sale         77.1524 2
Baker Bros. Investments, L.P. 3/1/2019 896   Sale         77.1524 2
14159, L.P. 3/1/2019 1,546   Sale         77.1524 2
667, L.P. 3/1/2019 8,968   Sale         77.1524 2
Baker Brothers Life Sciences, L.P. 3/1/2019 58,412   Sale         77.1524 2
Baker/Tisch Investments, L.P. 3/4/2019 393   Sale         76.4895 3
Baker Bros. Investments II, L.P. 3/4/2019 27   Sale         76.4895 3
Baker Bros. Investments, L.P. 3/4/2019 352   Sale         76.4895 3
14159, L.P. 3/4/2019 607   Sale         76.4895 3
667, L.P. 3/4/2019 3,518   Sale         76.4895 3
Baker Brothers Life Sciences, L.P. 3/4/2019 22,914   Sale         76.4895 3
Baker/Tisch Investments, L.P. 3/5/2019 146   Sale         77.0392 4
Baker Bros. Investments II, L.P. 3/5/2019 10   Sale         77.0392 4
Baker Bros. Investments, L.P. 3/5/2019 130   Sale         77.0392 4
14159, L.P. 3/5/2019 225   Sale         77.0392 4
667, L.P. 3/5/2019 1,303   Sale         77.0392 4
Baker Brothers Life Sciences, L.P. 3/5/2019 8,486   Sale         77.0392 4
Baker/Tisch Investments, L.P. 3/7/2019 29   Sale         73.7225 5
Baker Bros. Investments II, L.P. 3/7/2019 2   Sale         73.7225 5
Baker Bros. Investments, L.P. 3/7/2019 25   Sale         73.7225 5
14159, L.P. 3/7/2019 44   Sale         73.7225 5
667, L.P. 3/7/2019 253   Sale         73.7225 5
Baker Brothers Life Sciences, L.P. 3/7/2019 1,647   Sale         73.7225 5
Baker/Tisch Investments, L.P. 3/8/2019 321   Sale         73.5471 6
Baker Bros. Investments II, L.P. 3/8/2019 22   Sale         73.5471 6
Baker Bros. Investments, L.P. 3/8/2019 287   Sale         73.5471 6
14159, L.P. 3/8/2019 495   Sale         73.5471 6
667, L.P. 3/8/2019 2,872   Sale         73.5471 6
Baker Brothers Life Sciences, L.P. 3/8/2019 18,703   Sale         73.5471 6
Baker/Tisch Investments, L.P. 3/11/2019 637   Sale         75.0829 7
Baker Bros. Investments II, L.P. 3/11/2019 43   Sale         75.0829 7
Baker Bros. Investments, L.P. 3/11/2019 569   Sale         75.0829 7
14159, L.P. 3/11/2019 982   Sale         75.0829 7
667, L.P. 3/11/2019 5,697   Sale         75.0829 7
Baker Brothers Life Sciences, L.P. 3/11/2019 37,107   Sale         75.0829 7
Baker/Tisch Investments, L.P. 3/11/2019 56   Sale         74.0313 8
Baker Bros. Investments II, L.P. 3/11/2019 4   Sale         74.0313 8
Baker Bros. Investments, L.P. 3/11/2019 51   Sale         74.0313 8
14159, L.P. 3/11/2019 87   Sale         74.0313 8
667, L.P. 3/11/2019 506   Sale         74.0313 8
Baker Brothers Life Sciences, L.P. 3/11/2019 3,296   Sale         74.0313 8
Baker/Tisch Investments, L.P. 3/12/2019 1,047   Sale         75.6302 9
Baker Bros. Investments II, L.P. 3/12/2019 71   Sale         75.6302 9
Baker Bros. Investments, L.P. 3/12/2019 938   Sale         75.6302 9
14159, L.P. 3/12/2019 1,618   Sale         75.6302 9
667, L.P. 3/12/2019 9,384   Sale         75.6302 9
Baker Brothers Life Sciences, L.P. 3/12/2019 61,122   Sale         75.6302 9
Baker/Tisch Investments, L.P. 3/13/2019 49   Sale         76.0483 10
Baker Bros. Investments II, L.P. 3/13/2019 3   Sale         76.0483 10
Baker Bros. Investments, L.P. 3/13/2019 43   Sale         76.0483 10
14159, L.P. 3/13/2019 75   Sale         76.0483 10
667, L.P. 3/13/2019 435   Sale         76.0483 10
Baker Brothers Life Sciences, L.P. 3/13/2019 2,832   Sale         76.0483 10
Baker/Tisch Investments, L.P. 3/13/2019 1,080   Sale         75.9178 11
Baker Bros. Investments II, L.P. 3/13/2019 73   Sale         75.9178 11
Baker Bros. Investments, L.P. 3/13/2019 967   Sale         75.9178 11
14159, L.P. 3/13/2019 1,668   Sale         75.9178 11
667, L.P. 3/13/2019 9,679   Sale         75.9178 11
Baker Brothers Life Sciences, L.P. 3/13/2019 63,047   Sale         75.9178 11
Baker/Tisch Investments, L.P. 3/13/2019 4   Sale         75.4000  
Baker Bros. Investments II, L.P. 3/13/2019 1   Sale         75.4000  
Baker Bros. Investments, L.P. 3/13/2019 4   Sale         75.4000  
14159, L.P. 3/13/2019 7   Sale         75.4000  
667, L.P. 3/13/2019 39   Sale         75.4000  
Baker Brothers Life Sciences, L.P. 3/13/2019 247   Sale         75.4000  
Baker/Tisch Investments, L.P. 3/14/2019 891   Sale         76.5005 12
Baker Bros. Investments II, L.P. 3/14/2019 61   Sale         76.5005 12
Baker Bros. Investments, L.P. 3/14/2019 798   Sale         76.5005 12
14159, L.P. 3/14/2019 1,375   Sale         76.5005 12
667, L.P. 3/14/2019 7,982   Sale         76.5005 12
Baker Brothers Life Sciences, L.P. 3/14/2019 51,987   Sale         76.5005 12
Baker/Tisch Investments, L.P. 3/14/2019 28   Sale         76.0320 13
Baker Bros. Investments II, L.P. 3/14/2019 2   Sale         76.0320 13
Baker Bros. Investments, L.P. 3/14/2019 25   Sale         76.0320 13
14159, L.P. 3/14/2019 44   Sale         76.0320 13
667, L.P. 3/14/2019 253   Sale         76.0320 13
Baker Brothers Life Sciences, L.P. 3/14/2019 1,648   Sale         76.0320 13

  Page 10 of 13 Pages  

 

 

(1) The reported price is a weighted average price. These shares were traded in multiple transactions at prices ranging from $77.43 to $78.42. The Reporting Persons undertake to provide the staff of the Securities and Exchange Commission (the “Staff”), upon request, full information regarding the number of shares traded at each separate price within the ranges set forth in this footnote.

 

(2) The reported price is a weighted average price. These shares were traded in multiple transactions at prices ranging from $77.03 to $77.41. The Reporting Persons undertake to provide the Staff, upon request, full information regarding the number of shares traded at each separate price within the ranges set forth in this footnote.

 

(3) The reported price is a weighted average price. These shares were traded in multiple transactions at prices ranging from $76.24 to $76.61. The Reporting Persons undertake to provide the Staff, upon request, full information regarding the number of shares traded at each separate price within the ranges set forth in this footnote.

 

(4) The reported price is a weighted average price. These shares were traded in multiple transactions at prices ranging from $76.95 to $77.18. The Reporting Persons undertake to provide the Staff, upon request, full information regarding the number of shares traded at each separate price within the ranges set forth in this footnote.

 

(5) The reported price is a weighted average price. These shares were traded in multiple transactions at prices ranging from $73.72 to $73.73. The Reporting Persons undertake to provide the Staff, upon request, full information regarding the number of shares traded at each separate price within the ranges set forth in this footnote.

 

(6) The reported price is a weighted average price. These shares were traded in multiple transactions at prices ranging from $73.50 to $73.80. The Reporting Persons undertake to provide the Staff, upon request, full information regarding the number of shares traded at each separate price within the ranges set forth in this footnote.

 

(7) The reported price is a weighted average price. These shares were traded in multiple transactions at prices ranging from $75.05 to $75.28. The Reporting Persons undertake to provide the Staff, upon request, full information regarding the number of shares traded at each separate price within the ranges set forth in this footnote.

 

(8) The reported price is a weighted average price. These shares were traded in multiple transactions at prices ranging from $74.00 to $74.25. The Reporting Persons undertake to provide the Staff, upon request, full information regarding the number of shares traded at each separate price within the ranges set forth in this footnote.

 

(9) The reported price is a weighted average price. These shares were traded in multiple transactions at prices ranging from $75.08 to $75.94. The Reporting Persons undertake to provide the Staff, upon request, full information regarding the number of shares traded at each separate price within the ranges set forth in this footnote.

 

(10) The reported price is a weighted average price. These shares were traded in multiple transactions at prices ranging from $76.02 to $76.12. The Reporting Persons undertake to provide the Staff, upon request, full information regarding the number of shares traded at each separate price within the ranges set forth in this footnote.

 

(11) The reported price is a weighted average price. These shares were traded in multiple transactions at prices ranging from $75.57 to $76.46. The Reporting Persons undertake to provide the Staff, upon request, full information regarding the number of shares traded at each separate price within the ranges set forth in this footnote.

 

  Page 11 of 13 Pages  

 

 

(12) The reported price is a weighted average price. These shares were traded in multiple transactions at prices ranging from $76.30 to $77.10. The Reporting Persons undertake to provide the Staff, upon request, full information regarding the number of shares traded at each separate price within the ranges set forth in this footnote.

 

(13) The reported price is a weighted average price. These shares were traded in multiple transactions at prices ranging from $76.00 to $76.06. The Reporting Persons undertake to provide the Staff, upon request, full information regarding the number of shares traded at each separate price within the ranges set forth in this footnote.

 

(d) Certain securities of the Issuer are held directly by 667, a limited partnership the sole general partner of which is Baker Biotech Capital, L.P., a limited partnership the sole general partner of which is Baker Biotech Capital (GP), LLC. Julian C. Baker and Felix J. Baker are the controlling members of Baker Biotech Capital (GP), LLC.

 

Certain securities of the Issuer are held directly by Life Sciences, a limited partnership the sole general partner of which is Baker Brothers Life Sciences Capital, L.P., a limited partnership the sole general partner of which is Baker Brothers Life Sciences Capital (GP), LLC. Julian C. Baker and Felix J. Baker are the controlling members of Baker Brothers Life Sciences Capital (GP), LLC.

 

Certain securities of the Issuer are held directly by 14159, a limited partnership the sole general partner of which is 14159 Capital, L.P., a limited partnership the sole general partner of which is 14159 Capital (GP), LLC. Julian C. Baker and Felix J. Baker are the controlling members of 14159 Capital (GP), LLC.

 

Certain securities of the Issuer are held directly by FBB, a general partnership of which the sole partners are Julian C. Baker and Felix J. Baker.

 

Certain securities of the Issuer are held directly by Baker Bros. Investments, a limited partnership the sole general partner of which is Baker Bros. Capital, L.P., a limited partnership the sole general partner of which is Baker Bros. Capital (GP), LLC. Julian C. Baker and Felix J. Baker are the controlling members of Baker Bros. Capital (GP), LLC.

 

Certain securities of the Issuer are held directly by Baker Bros. Investments II, a limited partnership the sole general partner of which is Baker Bros. Capital, L.P., a limited partnership the sole general partner of which is Baker Bros. Capital (GP), LLC. Julian C. Baker and Felix J. Baker are the controlling members of Baker Bros. Capital (GP), LLC.

 

Certain securities of the Issuer are held directly by Baker Tisch, a limited partnership the sole general partner of which is Baker/Tisch Capital, L.P., a limited partnership the sole general partner of which is Baker/Tisch Capital (GP), LLC. Julian C. Baker and Felix J. Baker are the controlling members of Baker/Tisch Capital (GP), LLC.

 

(e) Not applicable.

 

  Page 12 of 13 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.

 

March 14, 2019

 

 

BAKER BROS. ADVISORS LP

 

By: Baker Bros. Advisors (GP) LLC, its general partner

     
  By: /s/ Scott L. Lessing
    Name: Scott L. Lessing
Title: President

 

  BAKER BROS. ADVISORS (GP) LLC
     
  By: /s/ Scott L. Lessing
    Name: Scott L. Lessing
Title: President

 

  /s/ Julian C. Baker
  Julian C. Baker
   
  /s/ Felix J. Baker
  Felix J. Baker

 

  FBB Associates
     
  By: /s/ Julian C. Baker
    Name: Julian C. Baker
Title: Partner

 

  Page 13 of 13 Pages  

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