UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

 

SCHEDULE 13D

(Rule 13d-101)

 

 

Information to be Included in Statements Filed Pursuant

to § 240.13d-1(a) and Amendments Thereto Filed

Pursuant to § 240.13d-2(a)

Under the Securities Exchange Act of 1934

(Amendment No. 6)

 

 

Dicerna Pharmaceuticals, Inc.

(Name of Issuer)

Common Stock, $0.0001

par value per share

(Title of Class of Securities)

253031108

(CUSIP Number)

Bain Capital Life Sciences Investors, LLC

200 Clarendon Street

Boston, MA 02116

617-516-2000

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

December 10, 2020

(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.

 

 

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, as amended (“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. 253031108		13D/A		Page 2 of 5

 

1		Names of Reporting Persons   Bain Capital Life Sciences Fund, L.P.
2		Check the Appropriate Box if a Member of a Group (a)  ☐        (b)  ☐
3		SEC Use Only
4		Source of Funds   WC
5		Check if Disclosure of Legal Proceedings is Required Pursuant to Item 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 shares of Common Stock
				8		Shared Voting Power   2,786,247 shares of Common Stock
				9		Sole Dispositive Power   0 shares of Common Stock
				10		Shared Dispositive Power   2,786,247 shares of Common Stock
11		Aggregate Amount Beneficially Owned by Each Reporting Person   2,786,247 shares of Common Stock
12		Check if the Aggregate Amount in Row (11) Excludes Certain Shares   ☐
13		Percent of Class Represented by Amount in Row (11)   3.7%
14		Type of Reporting Person   PN

CUSIP No. 253031108		13D/A		Page 3 of 5

 

1		Names of Reporting Persons   BCIP Life Sciences Associates, LP
2		Check the Appropriate Box if a Member of a Group (a)  ☐        (b)  ☐
3		SEC Use Only
4		Source of Funds   WC
5		Check if Disclosure of Legal Proceedings is Required Pursuant to Item 2(d) or 2(e)   ☐
6		Citizenship or Place of Organization   Delaware
Number of Shares Beneficially Owned by Each Reporting Person With				7		Sole Voting Power   0 shares of Common Stock
				8		Shared Voting Power   293,990 shares of Common Stock
				9		Sole Dispositive Power   0 shares of Common Stock
				10		Shared Dispositive Power   293,990 shares of Common Stock
11		Aggregate Amount Beneficially Owned by Each Reporting Person   293,990 shares of Common Stock
12		Check if the Aggregate Amount in Row (11) Excludes Certain Shares   ☐
13		Percent of Class Represented by Amount in Row (11)   0.4%
14		Type of Reporting Person   PN

CUSIP No. 253031108		13D/A		Page 4 of 5

 

This Amendment No. 6 to Schedule 13D relates to the Common Stock of Dicerna Pharmaceuticals, Inc. and amends the initial statement on Schedule 13D filed by the Reporting Persons on April 13, 2017, as amended by Amendment No. 1 filed on September 18, 2017, Amendment No. 2 filed on December 19, 2017, Amendment No. 3 filed on May 31, 2019, Amendment No. 4 filed on November 21, 2019 and Amendment No. 5 filed on December 6, 2019 (the “Initial Statement” and, as further amended by this Amendment No. 6, the “Schedule 13D”). Capitalized terms used but not defined herein shall have the meanings ascribed to them in the Initial Statement.

Item 5. Interest in Securities of the Issuer

Item 5 of the Initial Statement is hereby amended and restated as follows:

The information set forth in or incorporated by reference in Items 2, 3 and 4 and on the cover pages of this Schedule 13D is incorporated by reference in its entirety into this Item 5.

(a), (b) As of December 14, 2020, Bain Capital Life Sciences Fund, L.P. (“BCLS”) held 2,786,247 shares of Common Stock, representing approximately 3.7% of the Issuer’s outstanding shares of Common Stock, and BCIP Life Sciences Associates, LP (“BCIPLS” and, together with BCLS, the “Reporting Persons”) held 293,990 shares of Common Stock, representing approximately 0.4% of the Issuer’s outstanding shares of Common Stock. As a result of the foregoing and the relationships described in Item 2(a), the Reporting Persons may be deemed to beneficially own in the aggregate 3,080,237 shares of Common Stock, representing approximately 4.1% of the Issuer’s outstanding shares of Common Stock. The percentage of the Issuer’s outstanding shares of Common Stock held by the Reporting Persons is based on 75,044,896 shares of Common Stock outstanding as of November 2, 2020, as reported in the Issuer’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2020. The foregoing gives effect to the sale of shares described in Item 5(c) below.

(c) On December 10, 2020, the Reporting Persons sold an aggregate of 1,000,000 shares of Common Stock at a price of $23.40 pursuant to Rule 144 under the Securities Act of 1933, as amended, for aggregate consideration of $23,400,000. In the transaction, BCLS sold 904,556 shares and BCIPLS sold 95,444 shares.

(d) Except as otherwise described in this Item 5, no one other than the Reporting Persons has the right to receive, or the power to direct the receipt of, dividends from, or the proceeds from the sale of, any of the Common Stock beneficially owned by the Reporting Persons as described in this Item 5.

(e) Following the sale of shares on December 10, 2020 described in Item 5(c) above, the Reporting Persons ceased to beneficially own 5% or more of the Issuer’s outstanding shares of Common Stock.

CUSIP No. 253031108		13D/A		Page 5 of 5

 

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: December 14, 2020