Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

BEYOND MEAT, INC. Major Shareholding Notification 2020

Feb 13, 2020

33960_mrq_2020-02-13_e94c0bf7-c2dc-47ac-9673-41eaa1318e60.zip

Major Shareholding Notification

Open in viewer

Opens in your device viewer

SC 13G 1 tm207548d8_sc13g.htm SC 13G

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Schedule 13G

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. _____)*

Beyond Meat, Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

08862E109

(CUSIP Number)

December 31, 2019

(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 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 (“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).

(Continued on following pages)

Page 1 of 9

Exhibit Index on Page 8

Field: Page; Sequence: 1; Options: NewSection

Field: /Page

CUSIP #08862E109 Page 2 of 9

1 NAME OF REPORTING PERSONS Kleiner Perkins Caufield & Byers XIV, LLC (“KPCB XIV”)
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) x
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH SOLE VOTING POWER 3,152,614 shares, except that KPCB XIV Associates, LLC (“Associates”), the managing member of KPCB XIV, may be deemed to have sole power to vote these shares.
6 SHARED VOTING POWER See response to row 5.
7 SOLE DISPOSITIVE POWER 3,152,614 shares, except that Associates, the managing member of KPCB XIV, may be deemed to have sole power to dispose of these shares.
8 SHARED DISPOSITIVE POWER See response to row 7.

| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON | 3,152,614 |
| --- | --- | --- |
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)EXCLUDES
CERTAIN SHARES | ¨ |
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 | 5.1% |
| 12 | TYPE OF REPORTING PERSON | OO |

Field: Page; Sequence: 2

Field: /Page

CUSIP #08862E109 Page 3 of 9

1 NAME OF REPORTING PERSONS KPCB XIV Founders Fund, LLC (“KPCB XIV Founders”)
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) x
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH SOLE VOTING POWER 266,707 shares, except that Associates, the managing member of KPCB XIV Founders, may be deemed to have sole power to vote these shares.
6 SHARED VOTING POWER See response to row 5.
7 SOLE DISPOSITIVE POWER 266,707 shares, except that Associates, the managing member of KPCB XIV Founders, may be deemed to have sole power to dispose of these shares.
8 SHARED DISPOSITIVE POWER See response to row 7.

| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON | 266,707 |
| --- | --- | --- |
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)EXCLUDES
CERTAIN SHARES | ¨ |
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 | 0.4% |
| 12 | TYPE OF REPORTING PERSON | OO |

Field: Page; Sequence: 3

Field: /Page

CUSIP #08862E109 Page 4 of 9

1 NAME OF REPORTING PERSONS KPCB XIV Associates, LLC
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) x
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH SOLE VOTING POWER 3,419,321 shares, of which 3,152,614 are directly owned by KPCB XIV and 266,707 are directly owned by KPCB XIV Founders. Associates, the managing member of KPCB XIV and KPCB XIV Founders, may be deemed to have sole power to vote these shares.
6 SHARED VOTING POWER See response to row 5.
7 SOLE DISPOSITIVE POWER 3,419,321 shares, of which 3,152,614 are directly owned by KPCB XIV and 266,707 are directly owned by KPCB XIV Founders. Associates, the managing member of KPCB XIV and KPCB XIV Founders, may be deemed to have sole power to dispose of these shares.
8 SHARED DISPOSITIVE POWER See response to row 7.

| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON | 3,419,321 |
| --- | --- | --- |
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)EXCLUDES
CERTAIN SHARES | ¨ |
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 | 5.6% |
| 12 | TYPE OF REPORTING PERSON | OO |

Field: Page; Sequence: 4

Field: /Page

CUSIP #08862E109 Page 5 of 9

ITEM 1(A). NAME OF ISSUER

Beyond Meat, Inc. (the “Issuer”)

ITEM 1(B). ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICES

119 Standard Street

El Segundo, CA 90245

ITEM 2(A). NAME OF PERSONS FILING

This Schedule is filed by Kleiner Perkins Caufield & Byers XIV, LLC, a Delaware limited liability company, KPCB XIV Founders Fund, LLC, a Delaware limited liability company, and KPCB XIV Associates, LLC, a Delaware limited liability company. The foregoing entities are collectively referred to as the “Reporting Persons.”

ITEM 2(B). ADDRESS OF PRINCIPAL OFFICE

The address for each of the Reporting Persons is:

c/o Kleiner Perkins Caufield & Byers 2750 Sand Hill Road Menlo Park, California 94025

ITEM 2(C). CITIZENSHIP

See Row 4 of cover page for each Reporting Person.

ITEM 2(D). TITLE OF CLASS OF SECURITIES Common Stock, $.0001 par value

ITEM 2(E). CUSIP NUMBER

08862E109

ITEM 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a:

Not applicable.

Field: Page; Sequence: 5

Field: /Page

CUSIP #08862E109 Page 6 of 9

ITEM 4. OWNERSHIP

The following information with respect to the ownership of the ordinary shares of the Issuer by the persons filing this Statement is provided as of December 31, 2019:

(a) Amount beneficially owned :

See Row 9 of cover page for each Reporting Person.

(b) Percent of Class :

See Row 11 of cover page for each Reporting Person.

(c) Number of shares as to which such person has :

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

See Row 5 of cover page for each Reporting Person.

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

See Row 6 of cover page for each Reporting Person.

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

See Row 7 of cover page for each Reporting Person.

(iv) Shared power to dispose or to direct the disposition of : See Row 8 of cover page for each Reporting Person.

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 agreements of the Reporting Persons, the members of such entities may be deemed to have the right to receive dividends from, or the proceeds from, the sale of shares of the Issuer owned by each such entity of which they are a member.

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 . Not applicable.

ITEM 9. NOTICE OF DISSOLUTION OF GROUP . Not applicable.

ITEM 10. CERTIFICATION . Not applicable.

Field: Page; Sequence: 6

Field: /Page

CUSIP #08862E109 Page 7 of 9

SIGNATURES

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 12, 2020

KLEINER PERKINS CAUFIELD & BYERS XIV, LLC, a Delaware limited liability company
By: KPCB XIV ASSOCIATES, LLC, a Delaware limited liability company, its managing member
By: /s/ Susan Biglieri
Susan Biglieri
Chief Financial Officer
KPCB XIV FOUNDERS FUND, LLC, a Delaware limited liability company
By: KPCB XIV ASSOCIATES, LLC, a Delaware limited liability company, its managing member
By: /s/ Susan Biglieri
Susan Biglieri
Chief Financial Officer
KPCB XIV ASSOCIATES, LLC, a Delaware limited liability company
By: /s/ Susan Biglieri
Susan Biglieri
Chief Financial Officer

Field: Page; Sequence: 7

Field: /Page

CUSIP #08862E109 Page 8 of 9

EXHIBIT INDEX

Found on Sequentially
Exhibit Numbered Page
Exhibit A: Agreement of Joint Filing 9

Field: Page; Sequence: 8

Field: /Page

CUSIP #08862E109 Page 9 of 9

exhibit A

Agreement of Joint Filing

The undersigned hereby agree that a single Schedule 13G (or any amendment thereto) relating to the common stock of the Issuer shall be filed on behalf of each of the undersigned and that this Agreement shall be filed as an exhibit to such Schedule 13G.

Date: February 12, 2020

KLEINER PERKINS CAUFIELD & BYERS XIV, LLC, a Delaware limited liability company
By: KPCB XIV ASSOCIATES, LLC, a Delaware limited liability company, its managing member
By: /s/ Susan Biglieri
Susan Biglieri
Chief Financial Officer
KPCB XIV FOUNDERS FUND, LLC, a Delaware limited liability company
By: KPCB XIV ASSOCIATES, LLC, a Delaware limited liability company, its managing member
By: /s/ Susan Biglieri
Susan Biglieri
Chief Financial Officer
KPCB XIV ASSOCIATES, LLC, a Delaware limited liability company
By: /s/ Susan Biglieri
Susan Biglieri
Chief Financial Officer

Field: Page; Sequence: 9; Options: Last

Field: /Page