UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 2)*
VIPSHOP HOLDINGS LIMITED
(Name of Issuer)
Ordinary Shares, $0.0001 par value per share
(Title of Class of Securities)
92763W103
(CUSIP Number)
Sequoia Capital China II, L.P.
Suite 2215
Two Pacific Place
88 Queensway
Hong Kong, PRC
Attention: Neil Nanpeng Shen
Telephone: 852 2501-8989
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
with copies to:
Craig Marcus
Ropes & Gray LLP
800 Boylston Street
Boston, Massachusetts 02199
(617) 951-7802
June 18, 2013
(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 §§240.13d-1(e), 240.13d-1(f) or 240.13d-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 §240.13d-7 for other parties to whom copies are to be sent.
* | This Schedule 13D (this Statement) constitutes Amendment No. 2 of the Schedule 13D on behalf of Sequoia Capital China II, L.P., Sequoia Capital China Partners Fund II, L.P., Sequoia Capital China Principals Fund II, L.P., Sequoia Capital China Management II, L.P., Sequoia Capital 2010 CV Holdco, Ltd., Sequoia Capital China Venture 2010 Fund, L.P., Sequoia Capital China Venture 2010 Partners Fund, L.P., Sequoia Capital China Venture 2010 Principals Fund, L.P., SC China Venture 2010 Management, L.P., SC China Holding Limited, SNP China Enterprises Limited, and Neil Nanpeng Shen. This filing constitutes the initial Schedule 13D filing on behalf of Sequoia Capital China UR Holdings Limited. |
The remainder of this cover page shall be filled out for a reporting persons 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).
SCHEDULE 13D/A
CUSIP No. 92763W103 | Page 2 of 20 |
1. |
Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
Sequoia Capital China II, L.P. IRS Identification No. 26-0204241 | |||||
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 if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
¨ | |||||
6. | Citizenship or Place of Organization
Cayman Islands | |||||
Number of Shares Beneficially Owned by Each Reporting Person With
|
7. | Sole Voting Power
0 | ||||
8. | Shared Voting Power
8,593,142 | |||||
9. | Sole Dispositive Power
0 | |||||
10. | Shared Dispositive Power
8,593,142 | |||||
11. |
Aggregate Amount Beneficially Owned by Each Reporting Person
8,593,142 | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
¨ | |||||
13. | Percent of Class Represented by Amount in Row (11)
7.8% | |||||
14. | Type of Reporting Person (See Instructions)
PN |
SCHEDULE 13D/A
CUSIP No. 92763W103 | Page 3 of 20 |
1. |
Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
Sequoia Capital China Partners Fund II, L.P. IRS Identification No. 98-0577551 | |||||
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 if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
¨ | |||||
6. | Citizenship or Place of Organization
Cayman Islands | |||||
Number of Shares Beneficially Owned by Each Reporting Person With
|
7. | Sole Voting Power
0 | ||||
8. | Shared Voting Power
179,064 | |||||
9. | Sole Dispositive Power
0 | |||||
10. | Shared Dispositive Power
179,064 | |||||
11. |
Aggregate Amount Beneficially Owned by Each Reporting Person
179,064 | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
¨ | |||||
13. | Percent of Class Represented by Amount in Row (11)
0.2% | |||||
14. | Type of Reporting Person (See Instructions)
PN |
SCHEDULE 13D/A
CUSIP No. 92763W103 | Page 4 of 20 |
1. |
Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
Sequoia Capital China Principals Fund II, L.P. IRS Identification No. 33-1190312 | |||||
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 if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
¨ | |||||
6. | Citizenship or Place of Organization
Cayman Islands | |||||
Number of Shares Beneficially Owned by Each Reporting Person With
|
7. | Sole Voting Power
0 | ||||
8. | Shared Voting Power
1,380,010 | |||||
9. | Sole Dispositive Power
0 | |||||
10. | Shared Dispositive Power
1,380,010 | |||||
11. |
Aggregate Amount Beneficially Owned by Each Reporting Person
1,380,010 | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
¨ | |||||
13. | Percent of Class Represented by Amount in Row (11)
1.2% | |||||
14. | Type of Reporting Person (See Instructions)
PN |
SCHEDULE 13D/A
CUSIP No. 92763W103 | Page 5 of 20 |
1. |
Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
Sequoia Capital China Management II, L.P. IRS Identification No. 26-0204084 | |||||
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 if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
¨ | |||||
6. | Citizenship or Place of Organization
Cayman Islands | |||||
Number of Shares Beneficially Owned by Each Reporting Person With
|
7. | Sole Voting Power
0 | ||||
8. | Shared Voting Power
10,152,216 | |||||
9. | Sole Dispositive Power
0 | |||||
10. | Shared Dispositive Power
10,152,216 | |||||
11. |
Aggregate Amount Beneficially Owned by Each Reporting Person
10,152,216 | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
¨ | |||||
13. | Percent of Class Represented by Amount in Row (11)
9.2% | |||||
14. | Type of Reporting Person (See Instructions)
PN |
SCHEDULE 13D/A
CUSIP No. 92763W103 | Page 6 of 20 |
1. |
Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
Sequoia Capital 2010 CV Holdco, Ltd. IRS Identification No. 98-0660286 | |||||
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 if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
¨ | |||||
6. | Citizenship or Place of Organization
Cayman Islands | |||||
Number of Shares Beneficially Owned by Each Reporting Person With
|
7. | Sole Voting Power
0 | ||||
8. | Shared Voting Power
6,430,056 | |||||
9. | Sole Dispositive Power
0 | |||||
10. | Shared Dispositive Power
6,430,056 | |||||
11. |
Aggregate Amount Beneficially Owned by Each Reporting Person
6,430,056 | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
¨ | |||||
13. | Percent of Class Represented by Amount in Row (11)
5.8% | |||||
14. | Type of Reporting Person (See Instructions)
OO |
SCHEDULE 13D/A
CUSIP No. 92763W103 | Page 7 of 20 |
1. |
Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
Sequoia Capital China Venture 2010 Fund, L.P. IRS Identification No. 98-0678098 | |||||
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 if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
¨ | |||||
6. | Citizenship or Place of Organization
Cayman Islands | |||||
Number of Shares Beneficially Owned by Each Reporting Person With
|
7. | Sole Voting Power
0 | ||||
8. | Shared Voting Power
6,430,056 | |||||
9. | Sole Dispositive Power
0 | |||||
10. | Shared Dispositive Power
6,430,056 | |||||
11. |
Aggregate Amount Beneficially Owned by Each Reporting Person
6,430,056 | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
¨ | |||||
13. | Percent of Class Represented by Amount in Row (11)
5.8% | |||||
14. | Type of Reporting Person (See Instructions)
PN |
SCHEDULE 13D/A
CUSIP No. 92763W103 | Page 8 of 20 |
1. |
Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
Sequoia Capital China Venture 2010 Partners Fund, L.P. IRS Identification No. 98-0705138 | |||||
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 if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
¨ | |||||
6. | Citizenship or Place of Organization
Cayman Islands | |||||
Number of Shares Beneficially Owned by Each Reporting Person With
|
7. | Sole Voting Power
0 | ||||
8. | Shared Voting Power
6,430,056 | |||||
9. | Sole Dispositive Power
0 | |||||
10. | Shared Dispositive Power
6,430,056 | |||||
11. |
Aggregate Amount Beneficially Owned by Each Reporting Person
6,430,056 | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
¨ | |||||
13. | Percent of Class Represented by Amount in Row (11)
5.8% | |||||
14. | Type of Reporting Person (See Instructions)
PN |
SCHEDULE 13D/A
CUSIP No. 92763W103 | Page 9 of 20 |
1. |
Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
Sequoia Capital China Venture 2010 Principals Fund, L.P. IRS Identification No. 98-0705154 | |||||
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 if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
¨ | |||||
6. | Citizenship or Place of Organization
Cayman Islands | |||||
Number of Shares Beneficially Owned by Each Reporting Person With
|
7. | Sole Voting Power
0 | ||||
8. | Shared Voting Power
6,430,056 | |||||
9. | Sole Dispositive Power
0 | |||||
10. | Shared Dispositive Power
6,430,056 | |||||
11. |
Aggregate Amount Beneficially Owned by Each Reporting Person
6,430,056 | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
¨ | |||||
13. | Percent of Class Represented by Amount in Row (11)
5.8% | |||||
14. | Type of Reporting Person (See Instructions)
PN |
SCHEDULE 13D/A
CUSIP No. 92763W103 | Page 10 of 20 |
1. |
Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
SC China Venture 2010 Management, L.P. IRS Identification No. 98-0678096 | |||||
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 if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
¨ | |||||
6. | Citizenship or Place of Organization
Cayman Islands | |||||
Number of Shares Beneficially Owned by Each Reporting Person With
|
7. | Sole Voting Power
0 | ||||
8. | Shared Voting Power
6,499,466 | |||||
9. | Sole Dispositive Power
0 | |||||
10. | Shared Dispositive Power
6,499,466 | |||||
11. |
Aggregate Amount Beneficially Owned by Each Reporting Person
6,499,466 | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
¨ | |||||
13. | Percent of Class Represented by Amount in Row (11)
5.9% | |||||
14. | Type of Reporting Person (See Instructions)
PN |
SCHEDULE 13D/A
CUSIP No. 92763W103 | Page 11 of 20 |
1. |
Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
SC China Holding Limited IRS Identification No. N/A | |||||
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 if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
¨ | |||||
6. | Citizenship or Place of Organization
Cayman Islands | |||||
Number of Shares Beneficially Owned by Each Reporting Person With
|
7. | Sole Voting Power
0 | ||||
8. | Shared Voting Power
16,651,682 | |||||
9. | Sole Dispositive Power
0 | |||||
10. | Shared Dispositive Power
16,651,682 | |||||
11. |
Aggregate Amount Beneficially Owned by Each Reporting Person
16,651,682 | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
¨ | |||||
13. | Percent of Class Represented by Amount in Row (11)
15.1% | |||||
14. | Type of Reporting Person (See Instructions)
OO |
SCHEDULE 13D/A
CUSIP No. 92763W103 | Page 12 of 20 |
1. |
Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
SNP China Enterprises Limited IRS Identification No. N/A | |||||
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 if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
¨ | |||||
6. | Citizenship or Place of Organization
British Virgin Islands | |||||
Number of Shares Beneficially Owned by Each Reporting Person With
|
7. | Sole Voting Power
0 | ||||
8. | Shared Voting Power
16,651,682 | |||||
9. | Sole Dispositive Power
0 | |||||
10. | Shared Dispositive Power
16,651,682 | |||||
11. |
Aggregate Amount Beneficially Owned by Each Reporting Person
16,651,682 | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
¨ | |||||
13. | Percent of Class Represented by Amount in Row (11)
15.1% | |||||
14. | Type of Reporting Person (See Instructions)
OO |
SCHEDULE 13D/A
CUSIP No. 92763W103 | Page 13 of 20 |
1. |
Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
SEQUOIA CAPITAL CHINA UR HOLDINGS LIMITED IRS Identification No. N/A | |||||
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 if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
¨ | |||||
6. | Citizenship or Place of Organization
Cayman Islands | |||||
Number of Shares Beneficially Owned by Each Reporting Person With
|
7. | Sole Voting Power
0 | ||||
8. | Shared Voting Power
43,325 | |||||
9. | Sole Dispositive Power
0 | |||||
10. | Shared Dispositive Power
43,325 | |||||
11. |
Aggregate Amount Beneficially Owned by Each Reporting Person
43,325 | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
¨ | |||||
13. | Percent of Class Represented by Amount in Row (11)
Less than 0.1% | |||||
14. | Type of Reporting Person (See Instructions)
OO |
SCHEDULE 13D/A
CUSIP No. 92763W103 | Page 14 of 20 |
1. |
Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only)
Neil Nanpeng Shen | |||||
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 if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)
¨ | |||||
6. | Citizenship or Place of Organization
Hong Kong SAR | |||||
Number of Shares Beneficially Owned by Each Reporting Person With
|
7. | Sole Voting Power
71,695 | ||||
8. | Shared Voting Power
16,695,007 | |||||
9. | Sole Dispositive Power
71,695 | |||||
10. | Shared Dispositive Power
16,695,007 | |||||
11. |
Aggregate Amount Beneficially Owned by Each Reporting Person
16,766,702 | |||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)
¨ | |||||
13. | Percent of Class Represented by Amount in Row (11)
15.2% | |||||
14. | Type of Reporting Person (See Instructions)
IN |
Page 15 of 20
For each Reporting Person other than Sequoia Capital China UR Holdings Limited (SCC UR), except as set forth below, the Schedule 13D as initially filed on April 9, 2012 and amended by Amendment No. 1 thereto on March 20, 2013 remains in effect, and capitalized terms used herein but not defined herein have such respective meanings, as defined in such Schedule 13D. The information set forth in response to each separate Item below shall be deemed to be a response to all Items where such information is relevant. The information set forth in the Exhibits attached hereto and to the initial Schedule 13D filing is expressly incorporated herein by reference and the response to each Item of this Statement is qualified in its entirety by the provisions of such Exhibits. This Schedule 13D constitutes the initial Schedule 13D filing on behalf of SCC UR.
ITEM 2. | IDENTITY AND BACKGROUND. |
Item 2 is amended by replacing the first paragraph in item (a) with the following:
(a) This Statement is being jointly filed by the following persons (each a Reporting Person and collectively, the Reporting Persons): (1) Sequoia Capital China II, L.P., a Cayman Islands exempted limited partnership (SCC II); (2) Sequoia Capital China Partners Fund II, L.P., a Cayman Islands exempted limited partnership (SCC PTRS II); (3) Sequoia Capital China Principals Fund II, L.P., a Cayman Islands exempted limited partnership (SCC PF II); (4) Sequoia Capital China Management II, L.P., a Cayman Islands exempted limited partnership (SCC MGMT II); (5) Sequoia Capital 2010 CV Holdco, Ltd., a Cayman Islands limited liability company (SC CV HOLD); (6) Sequoia Capital China Venture 2010 Fund, L.P., a Cayman Islands exempted limited partnership (SCC VENTURE); (7) Sequoia Capital China Venture 2010 Partners Fund, L.P., a Cayman Islands exempted limited partnership (SCC VENTURE PTRS); (8) Sequoia Capital China Venture 2010 Principals Fund, L.P., a Cayman Islands exempted limited partnership (SCC VENTURE PF); (9) SC China Venture 2010 Management, L.P., a Cayman Islands exempted limited partnership (SCC VENTURE MGMT); (10) SC China Holding Limited, a Cayman Islands limited liability company (SCC HOLD); (10) SNP China Enterprises Limited, a British Virgin Islands limited liability company (SNP); (11) SCC UR, a Cayman Islands limited liability company; and (11) Neil Nanpeng Shen, a Hong Kong SAR citizen. The agreement among the Reporting Persons relating to the joint filing of this Statement is attached to this Statement as Exhibit 99.1.
Item 2 is further amended by replacing item (b), (c) and (f) with the following:
(b) The business address of SCC II, SCC PTRS II, SCC PF II, SCC MGMT II, SC CV HOLD, SCC VENTURE, SCC VENTURE PTRS, SCC VENTURE PF, SCC VENTURE MGMT, SCC HOLD, SNP, SCC UR and Neil Nanpeng Shen is Suite 2215, Two Pacific Place, 88 Queensway, Hong Kong, PRC.
(c) The principal occupation or employment of each of SCC II, SCC PTRS II, SCC PF II, and SC CV HOLD is to acquire, hold and dispose of interests in various companies for investment purposes and to take all actions incident thereto. The principal occupation or employment of SCC MGMT II is to serve as general partner of SCC II, SCC PTRS II and SCC PF II. The principal occupation or employment of each of SCC VENTURE, SCC VENTURE PTRS and SCC VENTURE PF is to serve as the joint owners of SC CV HOLD. The principal occupation or employment of SCC VENTURE MGMT is to serve as the general partner of SCC VENTURE, SCC VENTURE PTRS and SCC VENTURE PF. The principal occupation or employment of SCC HOLD is to serve as general partner of SCC MGMT II and SCC VENTURE MGMT. The principal occupation or employment of SNP is to serve as the parent company of SCC HOLD. The principal occupation or employment of SCC UR is to serve as a limited partner of SCC MGMT II. The principal occupation or employment of Neil Nanpeng Shen is to serve as the founding managing partner of Sequoia Capital China and the sole owner of SNP and SCC UR.
(f) SCC II, SCC PTRS II, SCC PF II, SCC MGMT II, SC CV HOLD, SCC VENTURE, SCC VENTURE PTRS, SCC VENTURE PF, SCC VENTURE MGMT, SCC HOLD and SCC UR are each organized under the laws of the Cayman Islands. SNP is organized under the laws of the British Virgin Islands. Neil Nanpeng Shen is a citizen of Hong Kong SAR.
ITEM 3. | SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION. |
Item 3 is amended by adding the following paragraph immediately following the first paragraph:
On June 18, 2013, certain Reporting Persons disposed of an aggregate of 2,000,000 Ordinary Shares in a pro rata in-kind distribution to certain of their partners or members as further described in Item 4 below. Following such distribution, the aggregate number of Ordinary Shares beneficially owned by the Reporting Persons is 16,766,702.
ITEM 4. | PURPOSE OF TRANSACTION. |
Item 4 is amended by adding the following as a new paragraph after the third paragraph thereof:
On June 18, 2013, SCC II, SCC PTRS II, SCC PF II and SC CV HOLD disposed of an aggregate of 2,000,000 Ordinary Shares in a pro rata in-kind distribution to certain of their partners or members, including subsequent distributions by general partners or managing to their respective partners or member (the 2013 Distribution). SCC II distributed 1,036,424 Ordinary Shares, SCC PTRS II distributed 21,598 Ordinary Shares, SCC PF II distributed 166,444 Ordinary Shares and SC CV HOLD distributed 775,534 Ordinary Shares. In connection with the 2013 Distribution, (a) Neil Nanpeng Shen received an aggregate of 71,695 Ordinary Shares, and (b) SCC UR, as a limited partner of SCC MGMT II, received an aggregate of 43,325 Ordinary Shares. On June 18, 2013, the closing price of the ADSs on the New York Stock Exchange was $32.99. Following the 2013 Distribution, the aggregate number of Ordinary Shares beneficially owned by the Reporting Persons is 16,766,702.
ITEM 5. | INTEREST IN SECURITIES OF THE ISSUER. |
Item 5 is amended and restated in its entirety to read as follows:
The information set forth and/or incorporated by reference in Items 2, 3 and 4 is hereby incorporated by reference into this Item 5.
(a) The aggregate number of Ordinary Shares and the percentage of total outstanding Ordinary Shares beneficially owned by the Reporting Persons is set forth below. References to percentage ownerships of Ordinary
Page 16 of 20
Shares in this Statement are based upon 110,508,113 Ordinary Shares stated to be outstanding as of March 31, 2013 in Vipshops earnings release filed with the Securities and Exchange Commission on Form 6-K on May 15, 2013. The Reporting Persons may collectively be deemed to beneficially own an aggregate of 16,766,702 Ordinary Shares, which constitutes approximately 15.2% of Vipshops Ordinary Shares. Each of the foregoing calculations were made in accordance with Rule 13d-3 under the Act. The filing of this Statement shall not be construed as an admission that a Reporting Person beneficially owns those shares held by any other Reporting Person.
SCC II beneficially owns 8,593,142 Ordinary Shares, which represents approximately 7.8% of the outstanding Ordinary Shares calculated in accordance with the requirements of Rule 13d-3 under the Act.
SCC PTRS II beneficially owns 179,064 Ordinary Shares, which represents approximately 0.2% of the outstanding Ordinary Shares calculated in accordance with the requirements of Rule 13d-3 under the Act.
SCC PF II beneficially owns 1,380,010 Ordinary Shares, which represents approximately 1.2% of the outstanding Ordinary Shares calculated in accordance with the requirements of Rule 13d-3 under the Act.
SCC MGMT II, as the general partner of each of SCC II, SCC PTRS II and SCC PF II, may be deemed to beneficially own an aggregate of 10,152,216 Ordinary Shares, which represents approximately 9.2% of the outstanding Ordinary Shares calculated in accordance with the requirements of Rule 13d-3 under the Act.
SC CV HOLD beneficially owns 6,430,056 Ordinary Shares, which represents approximately 5.8% of the outstanding Ordinary Shares calculated in accordance with the requirements of Rule 13d-3 under the Act.
SCC VENTURE, as a parent company of SC CV HOLD, may be deemed to beneficially own 6,430,056 Ordinary Shares, which represents approximately 5.8% of the outstanding Ordinary Shares calculated in accordance with the requirements of Rule 13d-3 under the Act.
SCC VENTURE PTRS, as a parent company of SC CV HOLD, may be deemed to beneficially own 6,430,056 Ordinary Shares, which represents approximately 5.8% of the outstanding Ordinary Shares calculated in accordance with the requirements of Rule 13d-3 under the Act.
SCC VENTURE PF, as a parent company of SC CV HOLD, may be deemed to beneficially own 6,430,056 Ordinary Shares, which represents approximately 5.8% of the outstanding Ordinary Shares calculated in accordance with the requirements of Rule 13d-3 under the Act.
SCC VENTURE MGMT, as the general partner of SCC VENTURE, SCC VENTURE PTRS and SCC VENTURE PF, may be deemed to beneficially own 6,499,466 Ordinary Shares, which represents approximately 5.9% of the outstanding Ordinary A Shares calculated in accordance with the requirements of Rule 13d-3 under the Act.
SCC HOLD, as the general partner of each of SCC MGMT II and SCC VENTURE MGMT, may be deemed to beneficially own an aggregate of 16,651,682 Ordinary Shares, which represents approximately 15.1% of the outstanding Ordinary Shares calculated in accordance with the requirements of Rule 13d-3 under the Act.
SNP, which is the parent company of SCC HOLD, may be deemed to beneficially own an aggregate of 16,651,682 Ordinary Shares, which represents approximately 15.1% of the outstanding Ordinary Shares calculated in accordance with the requirements of Rule 13d-3 under the Act.
SCC UR, as a limited partner of SCC MGMT II, may be deemed to beneficially own an aggregate of 43,325 Ordinary Shares, which represents approximately less than 0.1% of the outstanding Ordinary Shares calculated in accordance with the requirements of Rule 13d-3 under the Act.
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Neil Nanpeng Shen, who wholly owns and is the sole director of each of SNP and SCC UR, may be deemed to beneficially own an aggregate of 16,766,702 Ordinary Shares, which represents approximately 15.2% of the outstanding Ordinary Shares calculated in accordance with the requirements of Rule 13d-3 under the Act.
By virtue of the relationship described herein, the Reporting Persons may be deemed to constitute a group within the meaning of Rule 13d-5 under the Act. As a member of a group, each Reporting Person may be deemed to share voting and dispositive power with respect to, and therefore beneficially own, the shares beneficially owned by members of the group as a whole. The filing of this Statement shall not be construed as an admission that the Reporting Persons beneficially own those shares held by another member of the group. In addition, each Reporting Person expressly disclaims beneficial ownership of any securities reported herein except to the extent such Reporting Person actually exercises voting or dispositive power with respect to such securities.
(b) The number of Ordinary Shares as to which each of the Reporting Persons has sole or shared power to vote, direct the vote, dispose or direct the disposition are as set forth in rows seven through ten of the cover pages hereof. The information set forth in Item 2 is hereby incorporated by reference into this Item 5(b).
(c) Except with respect to the disposal of Ordinary Shares by the Reporting Persons in the 2013 Disposition as more fully described in Items 3 and 4, the Reporting Persons have not effected any transactions in the Ordinary Shares during the past 60 days.
(d) No person other than the Reporting Persons is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Ordinary Shares beneficially owned by the Reporting Persons.
(e) Not applicable.
ITEM 7. | MATERIAL TO BE FILED AS EXHIBITS. |
Exhibit |
Description | |
1 | Joint Filing Agreement dated as of June 24, 2013, by and among SCC II, SCC PTRS II, SCC PF II, SCC MGMT II, SC CV HOLD, SC VENTURE, SC VENTURE PTRS, SC VENTURE PF, SC VENTURE MGMT, SCC HOLD, SNP, SCC UR and Neil Nanpeng Shen. | |
2 | Amended and Restated Shareholders Agreement, dated as of April 11, 2011, by and among Vipshop, SCC II, SCC PTRS II, SCC PF II, SC CV HOLD and certain other parties (incorporated by reference to Exhibit 4.4 to the Registration Statement on Form F-1 of Vipshop, filed on February 17, 2012). | |
3 | Share Subscription Agreement, dated as of January 24, 2011, by and among Vipshop, SCC II, SCC PTRS II, SCC PF II and certain other parties (incorporated by reference to Exhibit 3 to the Schedule 13D filed by the Reporting Persons on April 9, 2012). | |
4 | Share Subscription Agreement, dated as of April 11, 2011, by and among Vipshop, SC CV HOLD and certain other parties (incorporated by reference to Exhibit 4.5 to Amendment No. 1 to the Registration Statement on Form F-1 of Vipshop, filed on March 9, 2012). | |
5 | Form of Underwriting Agreement (including a form of Lock-Up Agreement as Exhibit E thereto), by and among Vipshop, the selling shareholders named therein, Goldman Sachs (Asia) L.L.C., Deutsche Bank Securities Inc. and J.P. Morgan Securities LLC (incorporated by reference to Exhibit 1.1 to Amendment No. 2 to the Registration Statement on Form F-1 of Vipshop, filed on March 11, 2013). |
SIGNATURES
After reasonable inquiry and to the best of its knowledge and belief, the undersigned certifies that the information set forth in this Statement is true, complete and correct.
Dated: June 24, 2013
SEQUOIA CAPITAL CHINA II, L.P. SEQUOIA CAPITAL CHINA PARTNERS FUND II, L.P. SEQUOIA CAPITAL CHINA PRINCIPALS FUND II, L.P. |
By: Sequoia Capital China Management II, L.P. A Cayman Islands exempted limited partnership, General Partner of Each
By: SC China Holding Limited A Cayman Islands limited liability company Its General Partner |
/s/ Wendy Kok |
Name: Wendy Kok |
Title: Authorized Signatory |
SEQUOIA CAPITAL CHINA MANAGEMENT II, L.P. |
By: SC China Holding Limited A Cayman Islands limited liability company Its General Partner |
/s/ Wendy Kok |
Name: Wendy Kok |
Title: Authorized Signatory |
SEQUOIA CAPITAL 2010 CV HOLDCO, LTD. |
/s/ Wendy Kok |
Name: Wendy Kok |
Title: Authorized Signatory |
SEQUOIA CAPITAL CHINA VENTURE 2010 FUND, L.P. SEQUOIA CAPITAL CHINA VENTURE 2010 PARTNERS FUND, L.P. SEQUOIA CAPITAL CHINA VENTURE 2010 PRINCIPALS FUND, L.P. |
By: SC China Venture 2010 Management, L.P., A Cayman Islands exempted limited partnership General Partner of Each
By: SC China Holding Limited A Cayman Islands limited liability company Its General Partner |
/s/ Wendy Kok |
Name: Wendy Kok |
Title: Authorized Signatory |
SC CHINA VENTURE 2010 MANAGEMENT, L.P. |
By: SC China Holding Limited A Cayman Islands limited liability company Its General Partner |
/s/ Wendy Kok |
Name: Wendy Kok |
Title: Authorized Signatory |
SC CHINA HOLDING LIMITED |
/s/ Wendy Kok |
Name: Wendy Kok |
Title: Authorized Signatory |
SNP CHINA ENTERPRISES LIMITED |
/s/ Neil Nanpeng Shen |
Name: Neil Nanpeng Shen |
Title: Authorized Signatory |
SEQUOIA CAPITAL CHINA UR HOLDINGS LIMITED |
/s/ Neil Nanpeng Shen |
Name: Neil Nanpeng Shen |
Title: Owner and Director |
NEIL NANPENG SHEN |
/s/ Neil Nanpeng Shen |
Name: Neil Nanpeng Shen |
Exhibit 1
JOINT FILING AGREEMENT
The undersigned hereby agree to the joint filing on behalf of each of them of the Statement on Schedule 13D with respect to the shares of Ordinary Shares, $.0001 par value per share, of Vipshop Holdings Limited and any further amendments to such statement on Schedule 13D executed by each of them pursuant to and in accordance with the provisions of Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended.
The undersigned further agree that each party hereto is responsible for the timely filing of such Schedule 13D and any amendments thereto, and for the completeness and accuracy of the information concerning such party contained therein; provided, however, that no party is responsible for the completeness or accuracy of the information concerning any other party making the filing, unless such party knows or has reason to believe that such information is inaccurate.
This Joint Filing Agreement may be executed in separate counterparts, each of which shall be deemed an original, but all of which shall constitute one and the same instrument.
IN WITNESS WHEREOF, the parties have executed this Joint Filing Agreement on June 24, 2013.
SEQUOIA CAPITAL CHINA II, L.P. SEQUOIA CAPITAL CHINA PARTNERS FUND II, L.P. SEQUOIA CAPITAL CHINA PRINCIPALS FUND II, L.P. | ||
By: Sequoia Capital China Management II, L.P. A Cayman Islands exempted limited partnership, General Partner of Each | ||
By: SC China Holding Limited A Cayman Islands limited liability company Its General Partner | ||
/s/ Wendy Kok | ||
Name: Wendy Kok | ||
Title: Authorized Signatory | ||
SEQUOIA CAPITAL CHINA MANAGEMENT II, L.P. | ||
By: SC China Holding Limited A Cayman Islands limited liability company Its General Partner | ||
/s/ Wendy Kok | ||
Name: Wendy Kok | ||
Title: Authorized Signatory |
SEQUOIA CAPITAL 2010 CV HOLDCO, LTD. |
/s/ Wendy Kok |
Name: Wendy Kok |
Title: Authorized Signatory |
SEQUOIA CAPITAL CHINA VENTURE 2010 FUND, L.P. SEQUOIA CAPITAL CHINA VENTURE 2010 PARTNERS FUND, L.P. SEQUOIA CAPITAL CHINA VENTURE 2010 PRINCIPALS FUND, L.P. |
By: SC China Venture 2010 Management, L.P., A Cayman Islands exempted limited liability company General Partner of Each
By: SC China Holding Limited A Cayman Islands limited liability company Its General Partner |
/s/ Wendy Kok |
Name: Wendy Kok |
Title: Authorized Signatory |
SC CHINA VENTURE 2010 MANAGEMENT, L.P. |
By: SC China Holding Limited A Cayman Islands limited liability company Its General Partner |
/s/ Wendy Kok |
Name: Wendy Kok |
Title: Authorized Signatory |
SC CHINA HOLDING LIMITED |
/s/ Wendy Kok |
Name: Wendy Kok |
Title: Authorized Signatory |
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SNP CHINA ENTERPRISES LIMITED |
/s/ Neil Nanpeng Shen |
Name: Neil Nanpeng Shen |
Title: Authorized Signatory |
SEQUOIA CAPITAL CHINA UR HOLDINGS LIMITED |
/s/ Neil Nanpeng Shen |
Name: Neil Nanpeng Shen Title: Owner and Director |
NEIL NANPENG SHEN |
/s/ Neil Nanpeng Shen |
Name: Neil Nanpeng Shen |
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