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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. __)*
NeuroMetrix, Inc.
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, $.0001 par value per share
- --------------------------------------------------------------------------------
(Title of Class of Securities)
641255104
- --------------------------------------------------------------------------------
(CUSIP Number)
January 8, 2010
- --------------------------------------------------------------------------------
(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)
[X] 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).
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CUSIP NO. 641255104 13G PAGE 2 OF 28
==================== ============
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1 NAMES OF REPORTING PERSONS
Growth Equity Opportunities Fund, LLC
- ----- -------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)(a)[_]
(b)[_]
- ----- -------------------------------------------------------------------------
3 SEC USE ONLY
- ----- -------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware Limited Liability Company
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
0 shares
----- --------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 2,339,101 shares
OWNED BY ----- --------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0 shares
WITH: ----- --------------------------------------------------------
8 SHARED DISPOSITIVE POWER
2,339,101 shares
- ----- -------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,339,101 shares
- ----- -------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS) [_]
- ----- -------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.99%
- ----- -------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
OO
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CUSIP NO. 641255104 13G PAGE 3 OF 28
==================== ============
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1 NAMES OF REPORTING PERSONS
New Enterprise Associates 12, Limited Partnership
- ----- -------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)(a)[_]
(b)[_]
- ----- -------------------------------------------------------------------------
3 SEC USE ONLY
- ----- -------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware Limited Partnership
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
0 shares
----- --------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 2,339,101 shares
OWNED BY ----- --------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0 shares
WITH: ----- --------------------------------------------------------
8 SHARED DISPOSITIVE POWER
2,339,101 shares
- ----- -------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,339,101 shares
- ----- -------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS) [_]
- ----- -------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.99%
- ----- -------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
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==================== ============
CUSIP NO. 641255104 13G PAGE 4 OF 28
==================== ============
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1 NAMES OF REPORTING PERSONS
NEA Partners 12, Limited Partnership
- ----- -------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)(a)[_]
(b)[_]
- ----- -------------------------------------------------------------------------
3 SEC USE ONLY
- ----- -------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware Limited Partnership
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
0 shares
----- --------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 2,339,101 shares
OWNED BY ----- --------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0 shares
WITH: ----- --------------------------------------------------------
8 SHARED DISPOSITIVE POWER
2,339,101 shares
- ----- -------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,339,101 shares
- ----- -------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS) [_]
- ----- -------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.99%
- ----- -------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
PN
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CUSIP NO. 641255104 13G PAGE 5 OF 28
==================== ============
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1 NAMES OF REPORTING PERSONS
NEA 12 GP, LLC
- ----- -------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)(a)[_]
(b)[_]
- ----- -------------------------------------------------------------------------
3 SEC USE ONLY
- ----- -------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware Limited Liability Company
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
0 shares
----- --------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 2,339,101 shares
OWNED BY ----- --------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0 shares
WITH: ----- --------------------------------------------------------
8 SHARED DISPOSITIVE POWER
2,339,101 shares
- ----- -------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,339,101 shares
- ----- -------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS) [_]
- ----- -------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.99%
- ----- -------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
OO
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==================== ============
CUSIP NO. 641255104 13G PAGE 6 OF 28
==================== ============
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1 NAMES OF REPORTING PERSONS
Michael James Barrett
- ----- -------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)(a)[_]
(b)[_]
- ----- -------------------------------------------------------------------------
3 SEC USE ONLY
- ----- -------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States citizen
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
0 shares
----- --------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 2,339,101 shares
OWNED BY ----- --------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0 shares
WITH: ----- --------------------------------------------------------
8 SHARED DISPOSITIVE POWER
2,339,101 shares
- ----- -------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,339,101 shares
- ----- -------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS) [_]
- ----- -------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.99%
- ----- -------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
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CUSIP NO. 641255104 13G PAGE 7 OF 28
==================== ============
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1 NAMES OF REPORTING PERSONS
Peter J. Barris
- ----- -------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)(a)[_]
(b)[_]
- ----- -------------------------------------------------------------------------
3 SEC USE ONLY
- ----- -------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States citizen
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
0 shares
----- --------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 2,339,101 shares
OWNED BY ----- --------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0 shares
WITH: ----- --------------------------------------------------------
8 SHARED DISPOSITIVE POWER
2,339,101 shares
- ----- -------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,339,101 shares
- ----- -------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS) [_]
- ----- -------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.99%
- ----- -------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
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CUSIP NO. 641255104 13G PAGE 8 OF 28
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1 NAMES OF REPORTING PERSONS
Forest Baskett
- ----- -------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)(a)[_]
(b)[_]
- ----- -------------------------------------------------------------------------
3 SEC USE ONLY
- ----- -------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States citizen
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
0 shares
----- --------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 2,339,101 shares
OWNED BY ----- --------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0 shares
WITH: ----- --------------------------------------------------------
8 SHARED DISPOSITIVE POWER
2,339,101 shares
- ----- -------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,339,101 shares
- ----- -------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS) [_]
- ----- -------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.99%
- ----- -------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
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CUSIP NO. 641255104 13G PAGE 9 OF 28
==================== ============
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1 NAMES OF REPORTING PERSONS
Ryan D. Drant
- ----- -------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)(a)[_]
(b)[_]
- ----- -------------------------------------------------------------------------
3 SEC USE ONLY
- ----- -------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States citizen
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
0 shares
----- --------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 2,339,101 shares
OWNED BY ----- --------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0 shares
WITH: ----- --------------------------------------------------------
8 SHARED DISPOSITIVE POWER
2,339,101 shares
- ----- -------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,339,101 shares
- ----- -------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS) [_]
- ----- -------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.99%
- ----- -------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
================================================================================
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CUSIP NO. 641255104 13G PAGE 10 OF 28
==================== =============
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1 NAMES OF REPORTING PERSONS
Patrick J. Kerins
- ----- -------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)(a)[_]
(b)[_]
- ----- -------------------------------------------------------------------------
3 SEC USE ONLY
- ----- -------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States citizen
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
0 shares
----- --------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 2,339,101 shares
OWNED BY ----- --------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0 shares
WITH: ----- --------------------------------------------------------
8 SHARED DISPOSITIVE POWER
2,339,101 shares
- ----- -------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,339,101 shares
- ----- -------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS) [_]
- ----- -------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.99%
- ----- -------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
================================================================================
==================== =============
CUSIP NO. 641255104 13G PAGE 11 OF 28
==================== =============
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1 NAMES OF REPORTING PERSONS
Krishna S. Kolluri
- ----- -------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)(a)[_]
(b)[_]
- ----- -------------------------------------------------------------------------
3 SEC USE ONLY
- ----- -------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States citizen
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
0 shares
----- --------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 2,339,101 shares
OWNED BY ----- --------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0 shares
WITH: ----- --------------------------------------------------------
8 SHARED DISPOSITIVE POWER
2,339,101 shares
- ----- -------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,339,101 shares
- ----- -------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS) [_]
- ----- -------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.99%
- ----- -------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
================================================================================
==================== =============
CUSIP NO. 641255104 13G PAGE 12 OF 28
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1 NAMES OF REPORTING PERSONS
C. Richard Kramlich
- ----- -------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)(a)[_]
(b)[_]
- ----- -------------------------------------------------------------------------
3 SEC USE ONLY
- ----- -------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States citizen
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
0 shares
----- --------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 2,339,101 shares
OWNED BY ----- --------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0 shares
WITH: ----- --------------------------------------------------------
8 SHARED DISPOSITIVE POWER
2,339,101 shares
- ----- -------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,339,101 shares
- ----- -------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS) [_]
- ----- -------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.99%
- ----- -------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
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==================== =============
CUSIP NO. 641255104 13G PAGE 13 OF 28
==================== =============
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1 NAMES OF REPORTING PERSONS
Charles M. Linehan
- ----- -------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)(a)[_]
(b)[_]
- ----- -------------------------------------------------------------------------
3 SEC USE ONLY
- ----- -------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States citizen
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
0 shares
----- --------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 2,339,101 shares
OWNED BY ----- --------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0 shares
WITH: ----- --------------------------------------------------------
8 SHARED DISPOSITIVE POWER
2,339,101 shares
- ----- -------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,339,101 shares
- ----- -------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS) [_]
- ----- -------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.99%
- ----- -------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
================================================================================
==================== =============
CUSIP NO. 641255104 13G PAGE 14 OF 28
==================== =============
================================================================================
1 NAMES OF REPORTING PERSONS
Charles W. Newhall III
- ----- -------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)(a)[_]
(b)[_]
- ----- -------------------------------------------------------------------------
3 SEC USE ONLY
- ----- -------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States citizen
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
0 shares
----- --------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 2,339,101 shares
OWNED BY ----- --------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0 shares
WITH: ----- --------------------------------------------------------
8 SHARED DISPOSITIVE POWER
2,339,101 shares
- ----- -------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,339,101 shares
- ----- -------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS) [_]
- ----- -------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.99%
- ----- -------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
================================================================================
==================== =============
CUSIP NO. 641255104 13G PAGE 15 OF 28
==================== =============
================================================================================
1 NAMES OF REPORTING PERSONS
Mark W. Perry
- ----- -------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)(a)[_]
(b)[_]
- ----- -------------------------------------------------------------------------
3 SEC USE ONLY
- ----- -------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States citizen
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
0 shares
----- --------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 2,339,101 shares
OWNED BY ----- --------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0 shares
WITH: ----- --------------------------------------------------------
8 SHARED DISPOSITIVE POWER
2,339,101 shares
- ----- -------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,339,101 shares
- ----- -------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS) [_]
- ----- -------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.99%
- ----- -------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
================================================================================
==================== =============
CUSIP NO. 641255104 13G PAGE 16 OF 28
==================== =============
================================================================================
1 NAMES OF REPORTING PERSONS
Scott D. Sandell
- ----- -------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)(a)[_]
(b)[_]
- ----- -------------------------------------------------------------------------
3 SEC USE ONLY
- ----- -------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States citizen
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
0 shares
----- --------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 2,339,101 shares
OWNED BY ----- --------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0 shares
WITH: ----- --------------------------------------------------------
8 SHARED DISPOSITIVE POWER
2,339,101 shares
- ----- -------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,339,101 shares
- ----- -------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS) [_]
- ----- -------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.99%
- ----- -------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
================================================================================
==================== =============
CUSIP NO. 641255104 13G PAGE 17 OF 28
==================== =============
================================================================================
1 NAMES OF REPORTING PERSONS
Eugene A. Trainor III
- ----- -------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)(a)[_]
(b)[_]
- ----- -------------------------------------------------------------------------
3 SEC USE ONLY
- ----- -------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States citizen
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
0 shares
----- --------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 2,339,101 shares
OWNED BY ----- --------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0 shares
WITH: ----- --------------------------------------------------------
8 SHARED DISPOSITIVE POWER
2,339,101 shares
- ----- -------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,339,101 shares
- ----- -------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS) [_]
- ----- -------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.99%
- ----- -------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
IN
================================================================================
==================== =============
CUSIP NO. 641255104 13G PAGE 18 OF 28
==================== =============
Schedule 13G
ITEM 1(A). NAME OF ISSUER:
NeuroMetrix, Inc. (the "Issuer").
ITEM 1(B). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
62 Fourth Avenue, Waltham, Massachusetts 02451.
ITEM 2(A). NAMES OF PERSONS FILING:
Growth Equity Opportunities Fund, LLC ("GEO"), New Enterprise
Associates 12, Limited Partnership ("NEA 12"), which is the sole member of GEO,
NEA Partners 12, Limited Partnership ("NEA Partners 12"), which is the general
partner of NEA 12, NEA 12 GP, LLC ("NEA 12 GP"), which is the general partner of
NEA Partners 12, and Michael James Barrett ("Barrett"), Peter J. Barris
("Barris"), Forest Baskett ("Baskett"), Ryan D. Drant ("Drant"), Patrick J.
Kerins ("Kerins"), Krishna S. Kolluri ("Kolluri"), C. Richard Kramlich
("Kramlich"), Charles M. Linehan ("Linehan"), Charles W. Newhall III
("Newhall"), Mark W. Perry ("Perry"), Scott D. Sandell ("Sandell") and Eugene A.
Trainor III ("Trainor") (collectively, the "Managers"). The Managers are the
individual managers of NEA 12 GP. GEO, NEA 12, NEA Partners 12, NEA 12 GP and
the Managers are sometimes referred to collectively herein as the "Reporting
Persons."
This Schedule 13G updates the information filed with the Securities
and Exchange Commission on Schedule 13D with respect to the Reporting Persons'
holdings of securities of the Issuer as of September 8, 2009. While the
Reporting Persons originally filed a statement on Schedule 13D, they should
have, in lieu thereof, filed with the Securities and Exchange Commission, a
short-form statement on Schedule 13G and now desire, in connection with updating
the information previously reported, to do so.
ITEM 2(B). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
The address of the principal business office of GEO, NEA 12, NEA
Partners 12, NEA 12 GP, Newhall and Trainor is New Enterprise Associates, 1954
Greenspring Drive, Suite 600, Timonium, MD 21093. The address of the principal
business office of Baskett, Kolluri, Kramlich, Linehan, Perry and Sandell is New
Enterprise Associates, 2855 Sand Hill Road, Menlo Park, California 94025. The
address of the principal business office of Barrett, Barris, Drant and Kerins is
New Enterprise Associates, 5425 Wisconsin Avenue, Suite 800, Chevy Chase, MD
20815.
ITEM 2(C). CITIZENSHIP:
Each of GEO and NEA 12 GP is a limited liability company organized
under the laws of the State of Delaware. Each of NEA 12 and NEA Partners 12 is a
limited partnership organized under the laws of the State of Delaware. Each of
the Managers is a United States citizen.
ITEM 2(D). TITLE OF CLASS OF SECURITIES:
Common Stock, $.0001 par value ("Common Stock").
ITEM 2(E). CUSIP NUMBER:
641255104
==================== =============
CUSIP NO. 641255104 13G PAGE 19 OF 28
==================== =============
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO SS.SS. 240.13D-1(B) OR
240.13D-2(B) OR (C), CHECK WHETHER THE PERSON FILING IS A:
Not applicable.
ITEM 4. OWNERSHIP.
(a) Amount beneficially owned: GEO is the record owner of
1,887,906 shares of Common Stock (the "Common Shares").
In addition, GEO is a party to a certain Stock Purchase
Warrant to Subscribe for and Purchase Common Stock of
NeuroMetrix, Inc., dated September 9, 2009 (the "Stock
Purchase Warrant"), a form of which is attached as
Exhibit 4.2 to the Issuer's Form 8-K filed on September
14, 2009 and incorporated by reference herein. Pursuant
to the Stock Purchase Warrant, GEO has the right to
purchase a maximum of 1,793,511 additional shares of
Common Stock, subject to certain conditions as set forth
below.
The Stock Purchase Warrant is exercisable at any time
beginning on the date that is the earlier of (x) March
8, 2010 and (y) immediately prior to consummation of a
Change of Control (as defined in the Stock Purchase
Warrant). Pursuant to the terms of the Stock Purchase
Warrant, notwithstanding anything to the contrary
contained therein, the Issuer may not effect any
exercise of the Stock Purchase Warrant, and GEO may not
exercise any portion of the Stock Purchase Warrant to
the extent that, after giving effect to such issuance
after exercise, GEO (together with any person acting as
a group with GEO or its affiliates) would beneficially
own in excess of 9.99% (the "Maximum Percentage") of the
outstanding shares of Common Stock. Accordingly, as of
March 8, 2010, assuming there is no other change to the
number of outstanding shares of the Issuer, GEO may
purchase up to 451,195 shares of Common Stock pursuant
to the Stock Purchase Warrant (the "Warrant Shares") and
may be deemed to own beneficially the Warrant Shares,
the ownership of which, when added to the Common Shares,
would cause GEO to own the Maximum Percentage, a total
of 2,339,101 shares of Common Stock (the "Securities").
As the sole member of GEO, NEA 12 may be deemed to own
beneficially the Securities. As the general partner of
NEA 12, NEA Partners 12 may also be deemed to own
beneficially the Securities. As the general partner of
NEA Partners 12, NEA 12 GP likewise may be deemed to own
beneficially the Securities. As the individual Managers
of NEA 12 GP, each of the Managers also may be deemed to
own beneficially the Securities.
(b) Percent of Class: See Line 11 of cover sheets. The
percentages set forth on the cover sheets for each
Reporting Person are calculated based on 22,963,234
shares of Common Stock reported to be outstanding by the
Issuer as of November 2, 2009 on a prospectus filed by
the Issuer with the Securities and Exchange Commission
pursuant to Rule 424(b)(3) on December 18, 2009.
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: See
Line 5 of cover sheets.
(ii) shared power to vote or to direct the vote: See
Line 6 of cover sheets.
(iii) sole power to dispose or to direct the
disposition of: See Line 7 of cover sheets.
==================== =============
CUSIP NO. 641255104 13G PAGE 20 OF 28
==================== =============
(iv) shared power to dispose or to direct the
disposition of: See Line 8 of cover sheets.
Each Reporting Person disclaims beneficial ownership of such shares
of Common Stock except for the shares, if any, such Reporting Person
holds of record.
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.
Not applicable.
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. The Reporting Persons expressly disclaim membership
in a "group" as used in Rule 13d-5(b).
ITEM 9. NOTICE OF DISSOLUTION OF GROUP.
Not applicable.
ITEM 10. CERTIFICATION.
By signing below, each Reporting Person certifies that, to the best
of his or its knowledge or belief, the securities referred to above
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 that purpose or
effect.
MATERIAL TO BE FILED AS EXHIBITS.
Exhibit 1 - Agreement regarding filing of joint Schedule 13G.
Exhibit 2 - Power of Attorney regarding Schedule 13G filings.
Exhibit 3 - Stock Purchase Warrant dated September 9, 2009*
*Incorporated by reference from the Issuer's Form 8-K filed with the
Securities and Exchange Commission on September 14, 2009.
==================== =============
CUSIP NO. 641255104 13G PAGE 21 OF 28
==================== =============
SIGNATURE
After reasonable inquiry and to the best of its knowledge and
belief, each of the undersigned certifies that the information set forth in this
statement is true, complete and correct.
Date: January 15, 2010
GROWTH EQUITY OPPORTUNITIES FUND, LLC
By: NEW ENTERPRISE ASSOCIATES 12, LIMITED PARTNERSHIP
Sole Member
By: NEA PARTNERS 12, LIMITED PARTNERSHIP
General Partner
By: NEA 12 GP, LLC
General Partner
By: *
------------------------
Eugene A. Trainor III
Administrative Manager
NEW ENTERPRISE ASSOCIATES 12, LIMITED PARTNERSHIP
By: NEA PARTNERS 12, LIMITED PARTNERSHIP
General Partner
By: NEA 12 GP, LLC
General Partner
By: *
------------------------
Eugene A. Trainor III
Administrative Manager
NEA PARTNERS 12, LIMITED PARTNERSHIP
By: NEA 12 GP, LLC
General Partner
By: *
------------------------
Eugene A. Trainor III
Administrative Manager
NEA 12 GP, LLC
By: *
------------------------
Eugene A. Trainor III
Administrative Manager
==================== =============
CUSIP NO. 641255104 13G PAGE 22 OF 28
==================== =============
*
- ---------------------------------
Michael James Barrett
*
- ---------------------------------
Peter J. Barris
*
- ---------------------------------
Forest Baskett
*
- ---------------------------------
Ryan D. Drant
*
- ---------------------------------
Patrick J. Kerins
*
- ---------------------------------
Krishna S. Kolluri
*
- ---------------------------------
C. Richard Kramlich
*
- ---------------------------------
Charles M. Linehan
*
- ---------------------------------
Charles W. Newhall III
*
- ---------------------------------
Mark W. Perry
*
- ---------------------------------
Scott D. Sandell
*
- ---------------------------------
Eugene A. Trainor III
*/s/ Shawn Conway
------------------------------
Shawn Conway
As attorney-in-fact
==================== =============
CUSIP NO. 641255104 13G PAGE 23 OF 28
==================== =============
This Schedule 13G was executed by Shawn Conway on behalf of the individuals
listed above pursuant to a Power of Attorney a copy of which is attached as
Exhibit 2.
==================== =============
CUSIP NO. 641255104 13G PAGE 24 OF 28
==================== =============
EXHIBIT 1
---------
AGREEMENT
Pursuant to Rule 13d-1(k)(1) under the Securities Exchange Act of
1934, the undersigned hereby agree that only one statement containing the
information required by Schedule 13G need be filed with respect to the ownership
by each of the undersigned of shares of stock of NeuroMetrix, Inc.
EXECUTED this 15th day of January, 2010
GROWTH EQUITY OPPORTUNITIES FUND, LLC
By: NEW ENTERPRISE ASSOCIATES 12, LIMITED PARTNERSHIP
Sole Member
By: NEA PARTNERS 12, LIMITED PARTNERSHIP
General Partner
By: NEA 12 GP, LLC
General Partner
By: *
------------------------
Eugene A. Trainor III
Administrative Manager
NEW ENTERPRISE ASSOCIATES 12, LIMITED PARTNERSHIP
By: NEA PARTNERS 12, LIMITED PARTNERSHIP
General Partner
By: NEA 12 GP, LLC
General Partner
By: *
------------------------
Eugene A. Trainor III
Administrative Manager
NEA PARTNERS 12, LIMITED PARTNERSHIP
By: NEA 12 GP, LLC
General Partner
By: *
------------------------
Eugene A. Trainor III
Administrative Manager
NEA 12 GP, LLC
By: *
------------------------
Eugene A. Trainor III
Administrative Manager
==================== =============
CUSIP NO. 641255104 13G PAGE 25 OF 28
==================== =============
*
- ---------------------------------
Michael James Barrett
*
- ---------------------------------
Peter J. Barris
*
- ---------------------------------
Forest Baskett
*
- ---------------------------------
Ryan D. Drant
*
- ---------------------------------
Patrick J. Kerins
*
- ---------------------------------
Krishna S. Kolluri
*
- ---------------------------------
C. Richard Kramlich
*
- ---------------------------------
Charles M. Linehan
*
- ---------------------------------
Charles W. Newhall III
*
- ---------------------------------
Mark W. Perry
*
- ---------------------------------
Scott D. Sandell
*
- ---------------------------------
Eugene A. Trainor III
*/s/ Shawn Conway
------------------------------
Shawn Conway
As attorney-in-fact
==================== =============
CUSIP NO. 641255104 13G PAGE 26 OF 28
==================== =============
This Agreement relating to Schedule 13G was executed by Shawn Conway on behalf
of the individuals listed above pursuant to a Power of Attorney a copy of which
is attached hereto as Exhibit 2.
==================== =============
CUSIP NO. 641255104 13G PAGE 27 OF 28
==================== =============
EXHIBIT 2
---------
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that the undersigned hereby
constitutes and appoints Charles W. Newhall III, Louis S. Citron, Eugene A.
Trainor III and Shawn Conway, and each of them, with full power to act without
the others, his true and lawful attorney-in-fact, with full power of
substitution, to sign any and all instruments, certificates and documents that
may be necessary, desirable or appropriate to be executed on behalf of himself
as an individual or in his capacity as a direct or indirect general partner,
director, officer or manager of any partnership, corporation or limited
liability company, pursuant to section 13 or 16 of the Securities Exchange Act
of 1934, as amended (the "Exchange Act"), and any and all regulations
promulgated thereunder, and to file the same, with all exhibits thereto, and any
other documents in connection therewith, with the Securities and Exchange
Commission, and with any other entity when and if such is mandated by the
Exchange Act or by the By-laws of the National Association of Securities
Dealers, Inc., granting unto said attorney-in-fact full power and authority to
do and perform each and every act and thing necessary, desirable or appropriate,
fully to all intents and purposes as he might or could do in person, thereby
ratifying and confirming all that said attorney-in-fact, or his substitutes, may
lawfully do or cause to be done by virtue hereof.
IN WITNESS WHEREOF, this Power of Attorney has been signed as of the
30th day of March, 2007.
/s/ Forest Baskett
------------------------------
Forest Baskett
/s/ M. James Barrett
------------------------------
M. James Barrett
/s/ Peter J. Barris
------------------------------
Peter J. Barris
/s/ Ryan Drant
------------------------------
Ryan Drant
/s/ Shawn Conway
------------------------------
Shawn Conway
/s/ Paul Hsiao
------------------------------
Paul Hsiao
/s/ Vladimir Jacimovic
------------------------------
Vladimir Jacimovic
/s/ Patrick J. Kerins
------------------------------
Patrick J. Kerins
/s/ Suzanne King
------------------------------
Suzanne King
/s/ Krishna S. Kolluri
------------------------------
Krishna S. Kolluri
==================== =============
CUSIP NO. 641255104 13G PAGE 28 OF 28
==================== =============
/s/ C. Richard Kramlich
------------------------------
C. Richard Kramlich
/s/ Charles M. Linehan
------------------------------
Charles M. Linehan
/s/ Peter T. Morris
------------------------------
Peter T. Morris
/s/ John M. Nehra
------------------------------
John M. Nehra
/s/ Charles W. Newhall III
------------------------------
Charles W. Newhall III
/s/ Jason R. Nunn
------------------------------
Jason R. Nunn
/s/ Mark W. Perry
------------------------------
Mark W. Perry
/s/ Michael Raab
------------------------------
Michael Raab
/s/ Scott D. Sandell
------------------------------
Scott D. Sandell
/s/ A. Brooke Seawell
------------------------------
A. Brooke Seawell
/s/ Eugene A. Trainor III
------------------------------
Eugene A. Trainor III
/s/ Sigrid Van Bladel
------------------------------
Sigrid Van Bladel
/s/ Ravi Viswanathan
------------------------------
Ravi Viswanathan
/s/ Harry Weller
------------------------------
Harry Weller