UNITED STATES

 

 

SECURITIES AND EXCHANGE COMMISSION

 

 

Washington, D.C. 20549

 

 

 

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934
(Amendment No.     )*

 

TELADOC, INC.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

87918A105

(CUSIP Number)

December 31, 2015

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

o

Rule 13d-1(b)

o

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).

 


 

CUSIP No. 87918A 105

Schedule 13G

 

 

 

1

Names of Reporting Persons
Trident Capital Management-VI, L.L.C.

 

 

2

Check the Appropriate Box if a Member of a Group

 

 

(a)

o

 

 

(b)

o

 

 

3

SEC Use Only

 

 

4

Citizen or Place of Organization
Delaware

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power
0

 

6

Shared Voting Power
4,852,226

 

7

Sole Dispositive Power
0

 

8

Shared Dispositive Power
4,852,226

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
4,852,226

 

 

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares o

Not Applicable

 

 

11

Percent of Class Represented by Amount in Row 9
12.6%

 

 

12

Type of Reporting Person
OO (Limited Liability Company)

 

1


 

CUSIP No. 87918A 105

Schedule 13G

 

 

 

1

Names of Reporting Persons
Trident Capital Fund-VI, L.P.

 

 

2

Check the Appropriate Box if a Member of a Group

 

 

(a)

o

 

 

(b)

o

 

 

3

SEC Use Only

 

 

4

Citizen or Place of Organization
Delaware

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power
0

 

6

Shared Voting Power
4,671,062

 

7

Sole Dispositive Power
0

 

8

Shared Dispositive Power
4,671,062

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
4,671,062

 

 

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares o

Not Applicable

 

 

11

Percent of Class Represented by Amount in Row 9
12.1%

 

 

12

Type of Reporting Person
PN

 

2


 

CUSIP No. 87918A 105

Schedule 13G

 

 

 

1

Names of Reporting Persons
Trident Capital Fund-VI Principals Fund, L.L.C.

 

 

2

Check the Appropriate Box if a Member of a Group

 

 

(a)

o

 

 

(b)

o

 

 

3

SEC Use Only

 

 

4

Citizen or Place of Organization
Delaware

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power
0

 

6

Shared Voting Power
181,164

 

7

Sole Dispositive Power
0

 

8

Shared Dispositive Power
181,164

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
181,164

 

 

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares o

Not Applicable

 

 

11

Percent of Class Represented by Amount in Row 9
0.5%

 

 

12

Type of Reporting Person
OO (Limited Liability Company)

 

3


 

CUSIP No. 87918A 105

Schedule 13G

 

 

 

(a)

Name of Issuer:
Teladoc, Inc. (the “Issuer”)

 

(b)

Address of Issuer’s Principal Executive Offices:
2 Manhattanville Road, Suite 203

Purchase, New York 10577

 

Item 2.

 

 

(a)

Name of Person Filing:
Each of the following is hereinafter individually referred to as a “Reporting Person” and collectively as the “Reporting Persons.”  This statement is filed on behalf of:

 

Trident Capital Management-VI, L.L.C.

Trident Capital Fund-VI, L.P.

Trident Capital Fund-VI Principals Fund, L.L.C.

 

(b)

Address or Principal Business Office:
The address for each of the Reporting Persons is 505 Hamilton Avenue, Suite 200, Palo Alto, CA 94301.

 

(c)

Citizenship of each Reporting Person is:
Trident Capital Management-VI, L.L.C., Trident Capital Fund-VI, L.P. and Trident Capital Fund-VI Principals Fund, L.L.C. are organized in the state of Delaware. 

 

(d)

Title of Class of Securities:
Common Stock, $0.01 par value per share (“Common Stock”).

 

(e)

CUSIP Number:
87918A 105

 

Item 3.

 

Not applicable.

 

4


 

CUSIP No. 87918A 105

Schedule 13G

 

 

Item 4.

Ownership

Ownership (a-c)

 

The ownership information presented below represents beneficial ownership of Common Stock of the Issuer as of December 31, 2015, based upon 38,453,687 shares of Common Stock outstanding as of October 31, 2015.

 

Reporting Person

 

Amount
beneficially
owned

 

Percent
of class:

 

Sole
power
to vote
or to
direct
the vote:

 

Shared
power to
vote or to
direct the
vote:

 

Sole
power to
dispose or
to direct
the
disposition
of:

 

Shared
power to
dispose or
to direct
the
disposition
of:

 

Trident Capital Management-VI, L.L.C.

 

4,852,226

 

12.6

%

0

 

4,852,226

 

0

 

4,852,226

 

Trident Capital Fund-VI, L.P.

 

4,671,062

 

12.1

%

0

 

4,671,062

 

0

 

4,671,062

 

Trident Capital Fund-VI Principals Fund, L.L.C.

 

181,164

 

0.5

%

0

 

181,164

 

0

 

181,164

 

 

Trident Capital Fund-VI, L.P. and Trident Capital Fund-VI Principals Fund, L.L.C. are the record holders of 4,671,062 and 181,164 shares of Common Stock, respectively.

 

Trident Capital Management-VI, L.L.C. (“TCM VI”) is the sole general partner of Trident Capital Fund-VI, L.P. (“Trident Fund VI”) and the sole managing member of Trident Capital Fund-VI Principals Fund, L.L.C. (“Trident Principals VI”). Donald R. Dixon, Arneek Multani and John Moragne (collectively, the “Managing Members”) are the managing members of TCM VI and, as such, may be deemed to have shared voting and dispositive power with respect to the issuer’s securities held of record by each of Trident Fund VI and Trident Principals VI. Each of the entities and the Managing Members disclaim beneficial ownership of the securities reported herein.

 

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.

 

Item 9.

Notice of Dissolution of Group

Not applicable.

 

5


 

CUSIP No. 87918A 105

Schedule 13G

 

 

Item 10.

Certification

Not applicable.

 

SIGNATURE

 

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

 

Date:      February 12, 2016

 

 

/s/ Arneek Multani, a Managing Member of Trident Capital Management-VI, L.L.C.

 

 

 

 

 

/s/ Arneek Multani, a Managing Member of Trident Capital Management-VI, L.L.C, the General Partner of Trident Capital Fund-VI, L.P.

 

 

 

 

 

/s/ Arneek Multani, a Managing Member of Trident Capital Management-VI, L.L.C, the Managing Member of Trident Capital Fund-VI Principals Fund, L.L.C.

 

6


 

CUSIP No. 87918A 105

Schedule 13G

 

 

LIST OF EXHIBITS

 

Exhibit No.

 

Description

99

 

Joint Filing Agreement

 

7