CODEXIS, INC. — Major Shareholding Notification 2020

Feb 12, 2020

SC 13G/A 1 tm207751-1_sc13ga.htm SC 13G/A

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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. 7)*

Codexis, Inc.

(Name of Issuer)

Common Stock, par value $0.0001 per share

(Title of Class of Securities)

192005106

(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:

x	Rule 13d-1(b)
¨	Rule 13d-1(c)
¨	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 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).

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Page 1 of 7 Pages

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CUSIP NO. 192005106 Page 2 of 7 Pages

| CUSIP
No. 192005106 | |
| --- | --- |
| (1)
Names of reporting persons | Nantahala
Capital Management, LLC |
| (2) Check the
appropriate box if a member of a group | (a) |
| (see
instructions) | (b) |
| (3) SEC use only | |
| (4) Citizenship
or place of organization | MA |
| Number of shares
beneficially owned by each reporting person with: | |
| (5) Sole voting power | 0 |
| (6) Shared voting power | 5,363,484 |
| (7) Sole dispositive power | 0 |
| (8) Shared dispositive power | 5,363,484 |
| (9) Aggregate
amount beneficially owned by each reporting person | 5,363,484 |
| (10) Check if
the aggregate amount in Row (9) excludes certain shares (see instructions) | |
| (11) Percent
of class represented by amount in Row (9) | 9.2% |
| (12) Type of
reporting person (see instructions) | IA |

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CUSIP NO. 192005106 Page 3 of 7 Pages

| CUSIP
No. 192005106 | |
| --- | --- |
| (1)
Names of reporting persons | Wilmot
B. Harkey |
| (2) Check the
appropriate box if a member of a group | (a) |
| (see
instructions) | (b) |
| (3) SEC use only | |
| (4) Citizenship
or place of organization | USA |
| Number of shares
beneficially owned by each reporting person with: | |
| (5) Sole voting power | 0 |
| (6) Shared voting power | 5,363,484 |
| (7) Sole dispositive power | 0 |
| (8) Shared dispositive power | 5,363,484 |
| (9) Aggregate
amount beneficially owned by each reporting person | 5,363,484 |
| (10) Check if
the aggregate amount in Row (9) excludes certain shares (see instructions) | |
| (11) Percent
of class represented by amount in Row (9) | 9.2% |
| (12) Type of
reporting person (see instructions) | HC |

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CUSIP NO. 192005106 Page 4 of 7 Pages

CUSIP No. 192005106
(1)
Names of reporting persons	Dan Mack
(2) Check the
appropriate box if a member of a group	(a)
(see
instructions)	(b)
(3) SEC use only
(4) Citizenship
or place of organization	USA
Number of shares
beneficially owned by each reporting person with:
(5) Sole voting power	0
(6) Shared voting power	5,363,484
(7) Sole dispositive power	0
(8) Shared dispositive power	5,363,484
(9) Aggregate
amount beneficially owned by each reporting person	5,363,484
(10) Check if
the aggregate amount in Row (9) excludes certain shares (see instructions)
(11) Percent
of class represented by amount in Row (9)	9.2%
(12) Type of
reporting person (see instructions)	HC

Item 1(a).	Name of Issuer:
	Codexis, Inc. (the “Issuer”).
Item 1(b).	Address of the Issuer's Principal Executive Offices:
	200 Penobscot Drive, Redwood City, California 94063
Item 2(a).	Name of Person Filing
	Nantahala Capital Management, LLC (“Nantahala”) Wilmot B. Harkey Daniel Mack (together the “Reporting Persons”)
Item 2(b).	Address of Principal Business Office or, if None, Residence:
	130 Main St 2 nd Floor New Canaan, CT 06840

Item 2(c).	Citizenship:
	Nantahala is a Massachusetts limited liability company. Each of Messrs. Harkey and Mack is a citizen of the
United States of America.
Item 2(d).	Title of Class of Securities:
	Common Stock, par value $0.0001 per share (the “Shares”).

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CUSIP NO. 192005106 Page 5 of 7 Pages

Item 2(e).	CUSIP Number:
	192005106
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:
	(a) ¨ Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o). (b) ¨ Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). (c) ¨ Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). (d) ¨ Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8). (e) x An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E). (f) ¨ An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F). (g) x A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G). (h) ¨ A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813). (i) ¨ A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3). (j) ¨ Group,
in accordance with §240.13d-1(b)(1)(ii)(J).
Item 4.	Ownership:
Item 4(a).	Amount Beneficially Owned: As of December 31, 2019, Nantahala may
be deemed to be the beneficial owner of 5,363,484 Shares held by funds and separately managed accounts under its control, and
as the managing members of Nantahala, each of Messrs. Harkey and Mack may be deemed to be a beneficial owner of those Shares.
Item 4(b).	Percent of Class: As of December 31, 2019, each of the Reporting
Persons may be deemed to be the beneficial owner of 9.2% of the total number of Shares outstanding (based upon information provided
by the Issuer on Form 10-Q filed November 06, 2019, there were 58,518,105 Shares outstanding as of October 31, 2019).

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CUSIP NO. 192005106 Page 6 of 7 Pages

Item 4(c). Number of shares as to which such person has:

Nantahala Capital Management, LLC — (i)	Sole power to vote or direct the vote	0
(ii)	Shared power to vote or to direct the vote	5,363,484
(iii)	Sole power to dispose or to direct the disposition of	0
(iv)	Shared power to dispose or to direct the disposition of	5,363,484

Each of Messrs. Harkey and Mack: — (i)	Sole power to vote or direct the vote	0
(ii)	Shared power to vote or to direct the vote	5,363,484
(iii)	Sole power to dispose or to direct the disposition of	0
(iv)	Shared power to dispose or to direct the disposition of	5,363,484

Item 5.	Ownership of Five Percent or Less of a Class:
	This Item 5 is not applicable.
Item 6.	Ownership of More than Five Percent on Behalf
of Another Person:
	Nantahala Capital Partners SI, LP, a fund advised by
Nantahala, has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale
of, approximately 5.7% of the outstanding shares of common stock beneficially owned by Nantahala reported herein.
Item 7.	Identification and Classification of the
Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company:
	Each of Messrs. Harkey and Mack is filing this
Schedule 13G as a control person in respect of shares beneficially owned by Nantahala, an investment adviser as described
in §240.13d-1(b)(1)(ii)(E). See Item 4(a).
Item 8.	Identification and Classification of Members
of the Group:
	This Item 8 is not applicable.
Item 9.	Notice of Dissolution of Group:
	This Item 9 is not applicable.
Item 10.	Certification:
	By signing below each Reporting
Person certifies that, to the best of such person's knowledge and belief, the securities referred to above were acquired
and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the
effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in
connection with or as a participant in any transaction having such purpose or effect.

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CUSIP NO. 192005106 Page 7 of 7 Pages

SIGNATURES

After reasonable inquiry and to the best of my knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete, and correct.

Date: February 12, 2020
By:	/s/ Paul
E. Rehm
	Paul E. Rehm
	Chief Compliance Officer
/s/ Wilmot B. Harkey
Wilmot B. Harkey
/s/ Daniel Mack
Daniel Mack

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