UNITED STATES
SECURITIES AND EXCHANGE
COMMISSION
Washington, D.C. 20549
______________
 
SCHEDULE 13G
 
(Amendment No.     )*
 
 
Egalet Corporation
(Name of Issuer)
 
Common Stock, par value $0.001 per share
(Title of Class of Securities)
 
28226B104
(CUSIP Number)
 
December 31, 2016
(Date of Event which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
 
☐
Rule 13d-1(b)
 
☑
Rule 13d-1(c)
 
☐
Rule 13d-1(d)
 
    * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
 
    The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
 
 
CUSIP No. 28226B104
13G
Page 2 of 17 Pages
 
 
1
NAMES OF REPORTING PERSONS
 
 
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 
 
Index Venture Associates III Limited
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    
(a)☑
    
(b)☐
 
 
3
SEC USE ONLY
 
 
 
 
 
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
Jersey, Channel Islands
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
 
 
0
 
 
 
 
6
SHARED VOTING POWER
 
 
1,365,191
 
 
 
 
7
SOLE DISPOSITIVE POWER
 
 
0
 
 
 
 
8
SHARED DISPOSITIVE POWER
 
 
1,365,191
 
 
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
1,365,191
 
 
 
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
 
☐
 
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
 
5.42%
 
 
 
 
12
TYPE OF REPORTING PERSON
 
 
CO
 
 
 
 
 
 
 
 
CUSIP No. 28226B104
13G
Page 3 of 17 Pages
 
 
1
NAMES OF REPORTING PERSONS
 
 
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 
 
Index Ventures III (Delaware) L.P.
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    
(a)☑
    
(b)☐
 
 
3
SEC USE ONLY
 
 
 
 
 
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
Jersey, Channel Islands
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
 
 
896,816
 
 
 
 
6
SHARED VOTING POWER
 
 
0
 
 
 
 
7
SOLE DISPOSITIVE POWER
 
 
896,816
 
 
 
 
8
SHARED DISPOSITIVE POWER
 
 
0
 
 
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
896,816
 
 
 
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
 
☐
 
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
 
3.56%
 
 
 
 
12
TYPE OF REPORTING PERSON
 
 
PN
 
 
 
 
 
 
 
 
CUSIP No. 28226B104
13G
Page 4 of 17 Pages
 
 
1
NAMES OF REPORTING PERSONS
 
 
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 
 
Index Ventures III (Jersey) L.P.
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    
(a)☑
    
(b)☐
 
 
3
SEC USE ONLY
 
 
 
 
 
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
Jersey, Channel Islands
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
 
 
441,477
 
 
 
 
6
SHARED VOTING POWER
 
 
0
 
 
 
 
7
SOLE DISPOSITIVE POWER
 
 
441,477
 
 
 
 
8
SHARED DISPOSITIVE POWER
 
 
0
 
 
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
441,477
 
 
 
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
 
☐
 
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
 
1.75%
 
 
 
 
12
TYPE OF REPORTING PERSON
 
 
PN
 
 
 
 
 
 
 
 
CUSIP No. 28226B104
13G
Page 5 of 17 Pages
 
 
1
NAMES OF REPORTING PERSONS
 
 
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 
 
Index Ventures III Parallel Entrepreneur Fund (Jersey) L.P.
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    
(a)☑
    
(b)☐
 
 
3
SEC USE ONLY
 
 
 
 
 
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
Jersey, Channel Islands
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
 
 
15,976
 
 
 
 
6
SHARED VOTING POWER
 
 
0
 
 
 
 
7
SOLE DISPOSITIVE POWER
 
 
15,976
 
 
 
 
8
SHARED DISPOSITIVE POWER
 
 
0
 
 
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
15,976
 
 
 
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
 
☐
 
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
 
0.06%
 
 
 
 
12
TYPE OF REPORTING PERSON
 
 
PN
 
 
 
 
 
 
 
 
CUSIP No. 28226B104
13G
Page 6 of 17 Pages
 
 
1
NAMES OF REPORTING PERSONS
 
 
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 
 
Yucca (Jersey) SLP
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    
(a)☑
    
(b)☐
 
 
3
SEC USE ONLY
 
 
 
 
 
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
Jersey, Channel Islands
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
 
 
26,257
 
 
 
 
6
SHARED VOTING POWER
 
 
0
 
 
 
 
7
SOLE DISPOSITIVE POWER
 
 
26,257
 
 
 
 
8
SHARED DISPOSITIVE POWER
 
 
0
 
 
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
26,257
 
 
 
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
 
☐
 
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
 
0.10%
 
 
 
 
12
TYPE OF REPORTING PERSON
 
 
PN
 
 
 
 
 
 
 
 
CUSIP No. 28226B104
13G
Page 7 of 17 Pages
 
 
1
NAMES OF REPORTING PERSONS
 
 
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 
 
Index Venture Life Associates VI Limited
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    
(a)☑
    
(b)☐
 
 
3
SEC USE ONLY
 
 
 
 
 
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
Jersey, Channel Islands
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
 
 
0
 
 
 
 
6
SHARED VOTING POWER
 
 
1,022,368
 
 
 
 
7
SOLE DISPOSITIVE POWER
 
 
0
 
 
 
 
8
SHARED DISPOSITIVE POWER
 
 
1,022,368
 
 
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
1,022,368
 
 
 
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
 
☐
 
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
 
4.06%
 
 
 
 
12
TYPE OF REPORTING PERSON
 
 
CO
 
 
 
 
 
 
 
 
CUSIP No. 28226B104
13G
Page 8 of 17 Pages
 
 
1
NAMES OF REPORTING PERSONS
 
 
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 
 
Index Ventures Life VI (Jersey) L.P.
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    
(a)☑
    
(b)☐
 
 
3
SEC USE ONLY
 
 
 
 
 
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
Jersey, Channel Islands
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
 
 
1,007,033
 
 
 
 
6
SHARED VOTING POWER
 
 
0
 
 
 
 
7
SOLE DISPOSITIVE POWER
 
 
1,007,033
 
 
 
 
8
SHARED DISPOSITIVE POWER
 
 
0
 
 
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
1,007,033
 
 
 
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
 
☐
 
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
 
4.00%
 
 
 
 
12
TYPE OF REPORTING PERSON
 
 
PN
 
 
 
 
 
 
 
 
 
 
 
CUSIP No. 28226B104
13G
Page 9 of 17 Pages
 
 
Item 1(a).
Name of Issuer:
   
 
Egalet Corporation
   
Item 1(b).
Address of Issuer's Principal Executive Offices:
   
 
460 East Lee Road, Suite 100
  Wayne, Pennsylvania 19087
   
Item 2(a).
Name of Persons Filing:
   
 
(i)
  Index Venture Associates III Limited
  (ii)  Index Ventures III (Delaware) L.P.
  (iii)   Index Ventures III (Jersey) L.P.
  (iv)  Index Ventures III Parallel Entrepreneur Fund (Jersey) L.P.
  (v)  Yucca (Jersey) SLP
  (vi)  Index Venture Life Associates VI Limited
  (vii)  Index Ventures Life VI (Jersey) L.P.
 
Item 2(b).
Address of Principal Business Office:
   
 
(i)
 44 Esplanade, St. Helier, Jersey, Channel Islands, JE4 9WG
  (ii) 44 Esplanade, St. Helier, Jersey, Channel Islands, JE4 9WG
  (iii)  44 Esplanade, St. Helier, Jersey, Channel Islands, JE4 9WG
  (iv)  44 Esplanade, St. Helier, Jersey, Channel Islands, JE4 9WG
  (v) 44 Esplanade, St. Helier, Jersey, Channel Islands, JE4 9WG
  (vi) 44 Esplanade, St. Helier, Jersey, Channel Islands, JE4 9WG
  (vii) 44 Esplanade, St. Helier, Jersey, Channel Islands, JE4 9WG
   
Item 2(c).
Citizenship:
   
 
(i)
  Jersey
  (ii)  Jersey
  (iii)  Jersey
  (iv)  Jersey
  (v)  Jersey
  (vi)  Jersey
  (vii)  Jersey
   
Item 2(d).
Title of Class of Securities:
   
 
Common Stock, par value $0.001
   
Item 2(e).
CUSIP Number:
   
 
28226B104
   
 
 
 
 
CUSIP No. 28226B104
13G
Page 10 of 17 Pages
 
 
 
Item 3.
If this statement is filed pursuant to Sections 240.13d-1(b), or 240.13d-2(b) or (c), check whether the person filing is a:
 
 
 
[  ]
Broker or dealer registered under Section 15 of the Act;
       
 
 
[  ]
Bank as defined in Section 3(a)(6) of the Act;
       
 
 
[  ]
Insurance company as defined in Section 3(a)(19) of the Act;
       
 
 
[  ]
Investment company registered under Section 8 of the Investment Company Act of 1940;
       
 
 
[  ]
An investment adviser in accordance with Section 240.13d-1(b)(1)(ii)(E).
       
 
 
[  ]
An employee benefit plan or endowment fund in accordance with Section 240.13d-1(b)(1)(ii)(F).
       
 
 
[  ]
A parent holding company or control person in accordance with Section 240.13d-1(b)(1)(ii)(G).
       
 
 
[  ]
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act;
       
 
 
[  ]
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940;
       
    [  ] A non-U.S. institution in accordance with Section 240.240.13d-1(b)(1)(ii)(J);
       
 
 
[  ]
Group, in accordance with Section 240.13d-1(b)(1)(ii)(K).
       
     If filing as a non-U.S. institution in accordance with Section 240.13d-1(b)(1)(ii)(J), please specify the type of institution: __________
 
 
 
 
 
CUSIP No. 28226B104
13G
Page 11 of 17 Pages
 
 
Item 4.
  Ownership.
 
     
The information requested hereinafter is set forth in items 5 through 9 and 11 of the cover pages to this Schedule 13G. Ownership is stated as of December 31, 2016 and the ownership percentages are based upon 25,189,125 outstanding shares of common stock of the Issuer ("Common Stock") as of November 8, 2016 as set forth in the Issuer's Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2016 filed with the Securities and Exchange Commission on November 8, 2016.
 
Index Ventures III (Delaware) L.P. ("Delaware") is the record owner of 896,816 shares of Common Stock and Index Ventures III (Jersey) L.P. ("Jersey") is the record owner of 441,477 shares of Common Stock.

Index Ventures III Parallel Entrepreneur Fund (Jersey) L.P. ("Index PEF", and collectively with Delaware and Jersey, the "Index III Funds") is the record owner of 15,976 shares of Common Stock.

As the general partner of the Index III Funds, Index Venture Associates III Limited ("Index Associates III") may be deemed to have shared dispositive power and shared voting power over the shares owned by the Index III Funds.
 
Index Ventures Life VI (Jersey) L.P. ("Index Life VI") is the record owner of 1,007,033 shares of Common Stock. As the general partner of Index Life VI, Index Associates VI Limited ("Index Associates VI") may be deemed to have shared dispositive power and shared voting power over the shares owned by Index Life VI.
 
Yucca (Jersey) SLP ("Yucca") is the record owner of 26,257 shares of Common Stock. Yucca is a co-investment vehicle that is contractually required to mirror the investments of the Index III Funds and Index Life VI. As a result, Index Associates III and Index Associates VI may be deemed to share the right to direct the voting and dispositive control over the shares held by Yucca which track the investments of the Index III Funds and Index Life VI, respectively, by virtue of their shared dispositive power over and shared voting power over the shares owned by the Index III Funds and Index Life VI, respectively.
 
 
CUSIP No. 28226B104
13G
Page 12 of 17 Pages
 
 
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 or Control Person:
   
 
Not applicable.
   
Item 8.
Identification and Classification of Members of the Group.
   
 
See Exhibit 2.
   
Item 9.
Notice of Dissolution of Group.
   
 
Not applicable.
   
Item 10.
Certifications.
   
 
By signing below I certify that, to the best of my knowledge and 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.


 
 
CUSIP No. 28226B104
13G
Page 13 of 17 Pages
 
SIGNATURE
 
After reasonable inquiry and to the best of my knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct.
  Date: 8/2/2017
   
  INDEX VENTURE ASSOCIATES III LIMITED
     
 
By:
/s/ Nigel Greenwood
  
 
Name:
Nigel Greenwood
 
Title:
Director
     
     
INDEX VENTURES III (DELAWARE) L.P.
  By: Index Venture Associates III Limited, its
  general partner
     
 
By:
/s/ Nigel Greenwood
  
 
Name:
Nigel Greenwood
 
Title:
Director
     
     
INDEX VENTURES III (JERSEY) L.P.
  By: Index Venture Associates III Limited, its
  general partner
     
 
By:
/s/ Nigel Greenwood
  
 
Name:
Nigel Greenwood
 
Title:
Director
     
     
  INDEX VENTURES III PARALLEL
  ENTREPRENEUR FUND (JERSEY) L.P.
  By: Index Venture Associates III Limited, its
  general partner
     
  By:
/s/ Nigel Greenwood
  
  Name: Nigel Greenwood
  Title: Director
     
     
 
 
 
 
CUSIP No. 28226B104
13G
Page 14 of 17 Pages
 
 
 
 
 
YUCCA (JERSEY) SLP
 
By: Intertrust Employee Benefit Services Limited as
  authorized signatory of Yucca (Jersey) SLP in its
  capacity as an Administrator of the Index Co-
  Investment Scheme
     
 
By:
/s/ Giles Johnstone-Scott
  
 
Name:
Giles Johnstone-Scott
 
Title:
Authorized Signatory
     
     
 
By:
/s/ Sarah Earles
  
 
Name:
Sarah Earles
 
Title:
Authorized Signatory
     
  INDEX VENTURE LIFE ASSOCIATES VI
  LIMITED
     
 
By:
/s/ Sinead Meehan
  
 
Name:
Sinead Meehan
 
Title:
Director
     
     
INDEX VENTURES LIFE VI (JERSEY) L.P.
     
 
By:
/s/ Sinead Meehan
  
 
Name:
Sinead Meehan
 
Title:
Director
     
     
 
 
 
CUSIP No. 28226B104
13G
Page 15 of 17 Pages
 
Exhibit 1
 
AGREEMENT
 
    
    Each of the undersigned, pursuant to Rule 13d-1(k)(l) under the Act, hereby agrees and acknowledges 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 the shares of Common Stock and the information required by this Schedule 13G, to which this Agreement is attached as an exhibit, is filed on behalf of each of them. The undersigned further agree that any further amendments or supplements thereto shall also be filed on behalf of each of them.
 
Date: 8/2/2017
   
  INDEX VENTURE ASSOCIATES III LIMITED
     
 
By:
/s/ Nigel Greenwood
  
 
Name:
Nigel Greenwood
 
Title:
Director
     
     
INDEX VENTURES III (DELAWARE) L.P.
  By: Index Venture Associates III Limited, its
  general partner
     
 
By:
/s/ Nigel Greenwood
  
 
Name:
Nigel Greenwood
 
Title:
Director
     
     
INDEX VENTURES III (JERSEY) L.P.
  By: Index Venture Associates III Limited, its
  general partner
     
 
By:
/s/ Nigel Greenwood
  
 
Name:
Nigel Greenwood
 
Title:
Director
     
     
  INDEX VENTURES III PARALLEL
  ENTREPRENEUR FUND (JERSEY) L.P.
  By: Index Venture Associates III Limited, its
  general partner
     
  By:
/s/ Nigel Greenwood
  
  Name: Nigel Greenwood
  Title: Director
     
     
 
 
 
 
CUSIP No. 28226B104
13G
Page 16 of 17 Pages
 
 
 
 
 
YUCCA (JERSEY) SLP
 
By: Intertrust Employee Benefit Services Limited as
  authorized signatory of Yucca (Jersey) SLP in its
  capacity as an Administrator of the Index Co-
  Investment Scheme
     
 
By:
/s/ Giles Johnstone-Scott
  
 
Name:
Giles Johnstone-Scott
 
Title:
Authorized Signatory
     
     
 
By:
/s/ Sarah Earles
  
 
Name:
Sarah Earles
 
Title:
Authorized Signatory
     
  INDEX VENTURE LIFE ASSOCIATES VI
  LIMITED
     
 
By:
/s/ Sinead Meehan
  
 
Name:
Sinead Meehan
 
Title:
Director
     
     
INDEX VENTURES LIFE VI (JERSEY) L.P.
     
 
By:
/s/ Sinead Meehan
  
 
Name:
Sinead Meehan
 
Title:
Director
     
     
 
 
 
CUSIP No. 28226B104
13G
Page 17 of 17 Pages
 
 
Exhibit 2
 
IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THIS GROUP
 
Index Ventures III (Jersey) L.P. ("Index Ventures III"), Index Ventures III Parallel Entrepreneur Fund (Jersey) L.P. ("Index Ventures III Parallel"), Yucca Jersey SLP ("Yucca"),  Index Ventures III (Delaware) L.P. ("Index III Delaware"), Index Venture Associates III Limited ("Index III Limited") Index Ventures Life VI (Jersey) L.P. ("Index Life VI") and Index Ventures Life Associates VI Limited ("Index Life VI Limited") are filing this statement on Schedule 13G as a group.
 
Index Ventures III is a Jersey (Channel Islands) partnership. Its managing general partner is Index III Limited.
 
Index Ventures III Parallel is a Jersey (Channel Islands) partnership. Its managing general partner is Index III Limited.
 
Yucca is a Jersey (Channel Islands) separate limited partnership. Its corporate general partner is an affiliate of Index III Limited.
 
Index III Delaware is a Delaware partnership. Its managing general partner is Index III Limited.
 
Index Life VI is a Jersey (Channel Islands) partnership. Its managing general partner is Index Life VI Limited.