Talkspace, Inc. — Major Shareholding Notification 2022

Feb 14, 2022

SC 13G 1 d295494dsc13g.htm SC 13G SC 13G

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. )*

Talkspace, Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

87427V103

(CUSIP Number)

December 31, 2021

(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)

☒ 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).

13G
CUSIP NO. 87427V103

1)	NAME OF REPORTING PERSON Norwest Venture Partners XIII, LP
2)	CHECK THE APPROPRIATE BOX
IF A MEMBER OF A GROUP (a) ☐ (b) ☐
3)	SEC USE ONLY
4)	CITIZENSHIP OR PLACE OF
ORGANIZATION Delaware

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER 14,702,972
(6)	SHARED VOTING POWER 0
(7)	SOLE DISPOSITIVE POWER 14,702,972
(8)	SHARED DISPOSITIVE POWER 0

9)	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 14,702,972
10)	CHECK IF THE AGGREGATE
AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
11)	PERCENT OF CLASS
REPRESENTED BY AMOUNT IN ROW (9) 9.65%
12)	TYPE OF REPORTING
PERSON PN

2

13G
CUSIP NO. 87427V103

1)	NAME OF REPORTING PERSON Genesis VC Partners XIII, LLC
2)	CHECK THE APPROPRIATE BOX
IF A MEMBER OF A GROUP (a) ☐ (b) ☐
3)	SEC USE ONLY
4)	CITIZENSHIP OR PLACE OF
ORGANIZATION Delaware

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER 14,702,972
(6)	SHARED VOTING POWER 0
(7)	SOLE DISPOSITIVE POWER 14,702,972
(8)	SHARED DISPOSITIVE POWER 0

9)	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 14,702,972
10)	CHECK IF THE AGGREGATE
AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
11)	PERCENT OF CLASS
REPRESENTED BY AMOUNT IN ROW (9) 9.65%
12)	TYPE OF REPORTING
PERSON PN

3

13G
CUSIP NO. 87427V103

1)	NAME OF REPORTING PERSON NVP Associates, LLC
2)	CHECK THE APPROPRIATE BOX
IF A MEMBER OF A GROUP (a) ☐ (b) ☐
3)	SEC USE ONLY
4)	CITIZENSHIP OR PLACE OF
ORGANIZATION Delaware

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER 14,702,972
(6)	SHARED VOTING POWER 0
(7)	SOLE DISPOSITIVE POWER 14,702,972
(8)	SHARED DISPOSITIVE POWER 0

9)	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 14,702,972
10)	CHECK IF THE AGGREGATE
AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
11)	PERCENT OF CLASS
REPRESENTED BY AMOUNT IN ROW (9) 9.65%
12)	TYPE OF REPORTING
PERSON PN

4

13G
CUSIP NO. 87427V103

1)	NAME OF REPORTING PERSON Promod Haque
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 of
America

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER 14,702,972
(6)	SHARED VOTING POWER 0
(7)	SOLE DISPOSITIVE POWER 14,702,972
(8)	SHARED DISPOSITIVE POWER 0

9)	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 14,702,972
10)	CHECK IF THE AGGREGATE
AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
11)	PERCENT OF CLASS
REPRESENTED BY AMOUNT IN ROW (9) 9.65%
12)	TYPE OF REPORTING
PERSON IN

5

13G
CUSIP NO. 87427V103

1)	NAME OF REPORTING PERSON Jeffrey Crowe
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 of
America

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER 14,702,972
(6)	SHARED VOTING POWER 0
(7)	SOLE DISPOSITIVE POWER 14,702,972
(8)	SHARED DISPOSITIVE POWER 0

9)	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 14,702,972
10)	CHECK IF THE AGGREGATE
AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
11)	PERCENT OF CLASS
REPRESENTED BY AMOUNT IN ROW (9) 9.65%
12)	TYPE OF REPORTING
PERSON IN

6

13G
CUSIP NO. 87427V103

1)	NAME OF REPORTING PERSON Jon E. Kossow
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 of
America

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER 14,702,972
(6)	SHARED VOTING POWER 0
(7)	SOLE DISPOSITIVE POWER 14,702,972
(8)	SHARED DISPOSITIVE POWER 0

9)	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 14,702,972
10)	CHECK IF THE AGGREGATE
AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
11)	PERCENT OF CLASS
REPRESENTED BY AMOUNT IN ROW (9) 9.65%
12)	TYPE OF REPORTING
PERSON IN

7

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

Item 1(a) Name of Issuer:

Talkspace, Inc.

Item 1(b) Address of Issuer’s Principal Executive Offices:

570 Lexington Ave.,

Floor 35

New York, NY 10022-6867

Item 2(a) Name of Person Filing:

1. Norwest Venture Partners XIII, LP

2. Genesis VC Partners XIII, LLC

3. NVP Associates, LLC

4. Promod Haque

5. Jeffrey Crowe

6. Jon E. Kossow

Item 2(b) Address of Principal Business Office or, if None, Residence:

1. Norwest Venture Partners XIII, LP

525 University Ave, Suite 800

Palo Alto, CA 94301

1. Genesis VC Partners XIII, LLC

525 University Ave, Suite 800

Palo Alto, CA 94301

1. NVP Associates, LLC

525 University Ave, Suite 800

Palo Alto, CA 94301

1. Promod Haque

525 University Ave, Suite 800

Palo Alto, CA 94301

1. Jeffrey Crowe

525 University Ave, Suite 800

Palo Alto, CA 94301

1. Jon E. Kossow

525 University Ave, Suite 800

Palo Alto, CA 94301

This statement is filed by Norwest Venture Partners XIII, LP on behalf of all of the persons listed above pursuant to Rule 13d-1(d) and Rule 13d-1(k). Norwest Venture Partners XIII, LP is a Delaware limited partnership, whose general partner is Genesis VC Partners XIII, LLC. NVP Associates, LLC is the managing member of Genesis VC Partners XIII, LLC. Promod Haque, Jeffrey Crowe and Jon E. Kossow are co-Chief Executive Officers of NVP Associates, LLC.

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Item 2(c) Citizenship:

1. Norwest Venture Partners XIII, LP: Delaware

2. Genesis VC Partners XIII, LLC: Delaware

3. NVP Associates, LLC: Delaware

4. Promod Haque: United States of America

5. Jeffrey Crowe: United States of America

6. Jon E. Kossow: United States of America

Item 2(d) Title of Class of Securities:

Common Stock

Item 2(e) CUSIP Number:

87427V103

Item 3 Not Applicable

Item 4 Ownership:

(1) Norwest Venture Partners XIII, LP (“NVP XIII”): At December 31, 2021, NVP XIII owned of record 14,702,972 shares of Issuer’s common stock (“Common Stock”). This amount represents 9.65% of the total shares of Common Stock outstanding at this date.

(2) Genesis VC Partners XIII, LLC (“Genesis XIII”): At December 31, 2021, Genesis XIII may be deemed to have beneficially owned, by virtue of its status as general partner of NVP XIII, 14,702,972 shares of Common Stock. This amount represents 9.65% of the total shares of Common Stock outstanding at this date.

(3) NVP Associates, LLC (“NVP Associates”): At December 31, 2021, NVP Associates may be deemed to have beneficially owned 14,702,972 shares of Common Stock by virtue of its status as managing member of Genesis XIII, the general partner of NVP XIII, the record owner of such shares. This amount represents 9.65% of the total shares of Common Stock outstanding at this date.

(4) Promod Haque: At December 31, 2021, Promod Haque may be deemed to have beneficially owned 14,702,972 shares of Common Stock by virtue of his status as co-Chief Executive Officer of NVP Associates, the managing member of Genesis XIII, which is the general partner of NVP XIII, the record owner of such shares. This amount represents 9.65% of the total shares of Common Stock outstanding at this date.

(5) Jeffrey Crowe: At December 31, 2021, Jeffrey Crowe may be deemed to have beneficially owned 14,702,972 shares of Common Stock by virtue of his status as co-Chief Executive Officer of NVP Associates, the managing member of Genesis XIII, which is the general partner of NVP XIII, the record owner of such shares. This amount represents 9.65% of the total shares of Common Stock outstanding at this date.

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(6) Jon E. Kossow: At December 31, 2021, Jon E. Kossow may be deemed to have beneficially owned 14,702,972 shares of Common Stock by virtue of his status as co-Chief Executive Officer of NVP Associates, the managing member of Genesis XIII, which is the general partner of NVP

XIII, the record owner of such shares. This amount represents 9.65% of the total shares of Common Stock outstanding at this date.

Item 5 Ownership of Five Percent or Less of a Class:

If this statement is being filed to report the fact that as of the date hereof the reporting persons have ceased to be beneficial owners of more than five percent of the class of securities, check the following [ ].

Item 6 Ownership of More than Five Percent on Behalf of Another Person:

Not Applicable

Item 7 Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person:

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

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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 9, 2022
NORWEST VENTURE PARTNERS XIII, LP
By Genesis VC Partners XIII, LLC, as general partner
By NVP Associates, LLC, as managing
member

By:
Matthew De Dominicis, Chief Financial Officer

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AGREEMENT

The undersigned hereby agree that this Schedule 13G to which this Agreement is attached shall be filed by Norwest Venture Partners XIII, LP on its own behalf and on behalf of (a) Genesis VC Partners XIII, LLC, a Delaware limited liability company, (b) NVP Associates, LLC, a Delaware limited liability company, (c) Promod Haque, (d) Jeffrey Crowe and (e) Jon E. Kossow.

Dated: February 9, 2022
Norwest Venture Partners XIII, LP
By Genesis VC Partners XIII, LLC, as general partner
By NVP Associates, LLC, as managing
member

By:	/s/ Matthew De Dominicis
	Matthew De Dominicis, Chief Financial Officer
Genesis VC Partners XIII, LLC
By NVP Associates, LLC, as managing member
By:	/s/ Matthew De Dominicis
	Matthew De Dominicis, Chief Financial Officer
NVP Associates, LLC
By:	/s/ Matthew De Dominicis
	Matthew De Dominicis, Chief Financial Officer

/s/ Matthew De Dominicis
Matthew De Dominicis, as Attorney-in-fact for Promod Haque
/s/ Matthew De Dominicis
Matthew De Dominicis, as Attorney-in-fact for Jeffrey Crowe
/s/ Matthew De Dominicis
Matthew De Dominicis, as Attorney-in-fact for Jon E. Kossow

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