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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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SCHEDULE 13G
(RULE 13D-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13D-1 (B) (C),
AND (D) AND AMENDMENTS THERETO FILED PURSUANT TO
RULE 13D-2(B)
(AMENDMENT NO. 1)*
Pharmasset, Inc.
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(Name of Issuer)
Common Stock, $0.001 par value per share
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(Title of Class of Securities)
71715N106
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(CUSIP Number)
December 31, 2008
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[ ] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[X] Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter 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. 71715N106 13G PAGE 2 OF 9
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ITEM 1(A). NAME OF ISSUER:
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Pharmasset, Inc. (the "Issuer").
ITEM 1(B). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
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303-A College Road East, Princeton, New Jersey 08540.
ITEM 2(A). NAME OF PERSONS FILING:
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This statement is filed by TVM IV GmbH & Co. KG ("TVM IV"); TVM IV
Management GmbH & Co. KG, the managing limited partner and
investment committee of TVM IV ("TVM IV Management"); TVM V Life
Science Ventures GmbH & Co. KG ("TVM V LS"); TVM V Life Science
Ventures Management GmbH & Co. KG, the managing limited partner
and investment committee of TVM V LS ("TVM V LS Management"); TVM
Capital GmbH ("TVM Capital"), the sole general partner of TVM IV,
TVM IV Management, TVM V LS and TVM V LS Management; Friedrich
Bornikoel ("Bornikoel"), John DiBello ("DiBello"), Alexandra Goll
("Goll"), Helmut Schuhsler ("Schuhsler") and Bernd Seibel
("Seibel"), who are members of TVM Capital (collectively the "TVM
Capital Managers"); Hans Schreck ("Schreck"), who, together with
the TVM Capital Managers, are limited partners of, and serve as
members of the investment committee of TVM IV Management, Dr. Gert
Caspritz ("Caspritz") who is a former member of the investment
committees of TVM IV Management and TVM V LS Management and
Christian Claussen ("Claussen") who is a former member of the
investment committee of TVM IV Management (collectively, the "TVM
IV Managers"); and Hubert Birner ("Birner"), Mark Cipriano
("Cipriano"), Stefan Fischer ("Fischer"), Axel Polack ("Polack")
and David Poltack ("Poltack"), who, together with the TVM Capital
Managers, are limited partners of, and serve as members of the
investment committee of TVM V LS Management (collectively, the
"TVM V LS Managers"). The persons named in this paragraph are
referred to individually herein as a "Reporting Person" and
collectively referred to as the "Reporting Persons."
ITEM 2(B). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
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The principal business address for TVM IV, TVM IV Management, TVM
Capital, TVM V LS, TVM V LS Management, Birner, Bornikoel,
Fischer, Goll, Polack, Schreck, Schuhsler and Seibel is
Maximilianstrasse 35/Eingang C, 80539 Munchen, Germany. The
principal business address for Cipriano, DiBello and Poltack is
101 Arch Street, Suite 1950, Boston, MA 02110. The principal
business address for Claussen is Sankt-Pauls-Platz 9, 80336
Munchen, Germany. The principal business address for Caspritz is
111 Devonshire Street, Suite 730, Boston, MA 02109.
ITEM 2(C). CITIZENSHIP:
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TVM Capital is a German limited liability company. TVM IV, TVM IV
Management, TVM V LS, and TVM V LS Management are German limited
partnerships. Cipriano, DiBello and Poltack are citizens of the
United States. Birner, Bornikoel, Caspritz, Claussen, Fischer,
Goll, Polack, Schreck and Seibel are citizens of Germany.
Schuhsler is a citizen of Austria.
ITEM 2(D). TITLE OF CLASS OF SECURITIES:
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Common Stock, $0.001 par value per share (the "Common Stock").
ITEM 2(E). CUSIP NUMBER:
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71715N106
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CUSIP NO. 71715N106 13G PAGE 3 OF 9
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ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13D-1(B), OR 13D-2(B)
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OR (C), CHECK WHETHER THE PERSON FILING IS A:
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Not applicable.
ITEM 4. OWNERSHIP.
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Not applicable.
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
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Each Reporting Person has ceased to own beneficially five percent
(5%) or more of the Issuer's outstanding Common Stock.
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CUSIP NO. 71715N106 13G PAGE 4 OF 9
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, each
of the undersigned certifies that the information set forth in this statement is
true, complete and correct.
Date: February 17, 2009
TVM CAPITAL GMBH
By: /s/ Friedrich Bornikoel
--------------------------------
Name: Friedrich Bornikoel
Title: Managing Partner
By: /s/ Bernd Seibel
--------------------------------
Name: Bernd Seibel
Title: Chief Financial Officer
TVM IV GMBH & CO. KG
By: /s/ Stefan Fischer
--------------------------------
Name: Stefan Fischer
Title: Managing Limited Partner
By: /s/ Bernd Seibel
--------------------------------
Name: Bernd Seibel
Title: Managing Limited Partner
TVM IV MANAGEMENT GMBH & CO. KG
By: TVM Capital GmbH, its General Partner
By: /s/ Stefan Fischer
--------------------------------
Name: Stefan Fischer
Title: Authorized Signatory
By: /s/ Bernd Seibel
--------------------------------
Name: Bernd Seibel
Title: Authorized Signatory
TVM V LIFE SCIENCE VENTURES GMBH & CO. KG
By: /s/ Stefan Fischer
--------------------------------
Name: Stefan Fischer
Title: Managing Limited Partner
By: /s/ Bernd Seibel
--------------------------------
Name: Bernd Seibel
Title: Managing Limited Partner
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CUSIP NO. 71715N106 13G PAGE 5 OF 9
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TVM V LIFE SCIENCE VENTURES MANAGEMENT GMBH & CO. KG
By: TVM Capital GmbH, its General Partner
By: /s/ Stefan Fischer
--------------------------------
Name: Stefan Fischer
Title: Authorized Signatory
By: /s/ Bernd Seibel
--------------------------------
Name: Bernd Seibel
Title: Authorized Signatory
/s/ Hubert Birner
------------------------------
Hubert Birner
/s/ Friedrich Bornikoel
------------------------------
Friedrich Bornikoel
/s/ Gert Caspritz
------------------------------
Gert Caspritz
/s/ Mark Cipriano
------------------------------
Mark Cipriano
/s/ Christian Claussen
------------------------------
Christian Claussen
/s/ John J. DiBello
------------------------------
John J. DiBello
/s/ Stefan Fischer
------------------------------
Stefan Fischer
/s/ Alexandra Goll
------------------------------
Alexandra Goll
/s/ Axel Polack
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Axel Polack
/s/ David Poltack
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David Poltack
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CUSIP NO. 71715N106 13G PAGE 6 OF 9
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/s/ Hans Schreck
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Hans Schreck
/s/ Helmut Schuhsler
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Helmut Schuhsler
/s/ Bernd Seibel
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Bernd Seibel
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CUSIP NO. 71715N106 13G PAGE 7 OF 9
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EXHIBIT 1
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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 Common Stock of Pharmasset, Inc.
EXECUTED as a sealed instrument this 17th day of February, 2009.
TVM CAPITAL GMBH
By: /s/ Friedrich Bornikoel
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Name: Friedrich Bornikoel
Title: Managing Partner
By: /s/ Bernd Seibel
--------------------------------
Name: Bernd Seibel
Title: Chief Financial Officer
TVM IV GMBH & CO. KG
By: /s/ Stefan Fischer
--------------------------------
Name: Stefan Fischer
Title: Managing Limited Partner
By: /s/ Bernd Seibel
--------------------------------
Name: Bernd Seibel
Title: Managing Limited Partner
TVM IV MANAGEMENT GMBH & CO. KG
By: TVM Capital GmbH, its General Partner
By: /s/ Stefan Fischer
--------------------------------
Name: Stefan Fischer
Title: Authorized Signatory
By: /s/ Bernd Seibel
--------------------------------
Name: Bernd Seibel
Title: Authorized Signatory
TVM V LIFE SCIENCE VENTURES GMBH & CO. KG
By: /s/ Stefan Fischer
--------------------------------
Name: Stefan Fischer
Title: Managing Limited Partner
By: /s/ Bernd Seibel
--------------------------------
Name: Bernd Seibel
Title: Managing Limited Partner
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CUSIP NO. 71715N106 13G PAGE 8 OF 9
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TVM V LIFE SCIENCE VENTURES MANAGEMENT GMBH & CO. KG
By: TVM Capital GmbH, its General Partner
By: /s/ Stefan Fischer
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Name: Stefan Fischer
Title: Authorized Signatory
By: /s/ Bernd Seibel
--------------------------------
Name: Bernd Seibel
Title: Authorized Signatory
/s/ Hubert Birner
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Hubert Birner
/s/ Friedrich Bornikoel
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Friedrich Bornikoel
/s/ Gert Caspritz
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Gert Caspritz
/s/ Mark Cipriano
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Mark Cipriano
/s/ Christian Claussen
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Christian Claussen
/s/ John J. DiBello
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John J. DiBello
/s/ Stefan Fischer
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Stefan Fischer
/s/ Alexandra Goll
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Alexandra Goll
/s/ Axel Polack
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Axel Polack
/s/ David Poltack
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David Poltack
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CUSIP NO. 71715N106 13G PAGE 9 OF 9
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/s/ Hans Schreck
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Hans Schreck
/s/ Helmut Schuhsler
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Helmut Schuhsler
/s/ Bernd Seibel
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Bernd Seibel