256076.3
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
CUTERA, INC.
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock
- --------------------------------------------------------------------------------
(Title of Class of Securities)
232109108
- --------------------------------------------------------------------------------
(CUSIP Number)
October 12, 2006
- --------------------------------------------------------------------------------
(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 filed 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
disclosures provided in a prior cover page.
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 ("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).
SCHEDULE 13G
- --------------------------------------------------------------------------------
CUSIP No. 232109108
- --------------------------------------------------------------------------------
NAME OF REPORTING PERSON
HealthCor Management, L.P.
1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON (ENTITIES ONLY) 20-2893681
- -------- -----------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
2 (b) |X|
- -------- -----------------------------------------------------------------------
SEC USE ONLY
3
- -------- -----------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
4
- -------- -----------------------------------------------------------------------
SOLE VOTING POWER
NUMBER OF 5 0
SHARES ------ --------------------------------------------------
BENEFICIALLY
OWNED BY SHARED VOTING POWER
EACH
REPORTING 6 675,000
PERSON ------ --------------------------------------------------
WITH
SOLE DISPOSITIVE POWER
7 0
------ -------------------------------------------------
SHARED DISPOSITIVE POWER
8 675,000
- ----------------------- ------ -------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9 675,000
- -------- -----------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10 |_|
- -------- -----------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11 5.34%
- -------- -----------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12 PN
- -------- -----------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
SCHEDULE 13G
- ---------------------------------------- ---------------------------------------
CUSIP No. 232109108
- ---------------------------------------- ---------------------------------------
NAME OF REPORTING PERSON
Arthur Cohen
1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON (ENTITIES ONLY)
- -------- -----------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
2 (b) |X|
- -------- -----------------------------------------------------------------------
SEC USE ONLY
3
- -------- -----------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
United States
4
- -------- -----------------------------------------------------------------------
SOLE VOTING POWER
NUMBER OF 5 0
SHARES ------ --------------------------------------------------
BENEFICIALLY
OWNED BY SHARED VOTING POWER
EACH
REPORTING 6 675,000
PERSON ------ --------------------------------------------------
WITH
SOLE DISPOSITIVE POWER
7 0
------ -------------------------------------------------
SHARED DISPOSITIVE POWER
8 675,000
- ----------------------- ------ -------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9 675,000
- -------- -----------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10 |_|
- -------- -----------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11 5.34%
- -------- -----------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12 IN
- -------- -----------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
SCHEDULE 13G
- ---------------------------------------- ---------------------------------------
CUSIP No. 232109108
- ---------------------------------------- ---------------------------------------
NAME OF REPORTING PERSON
Joseph Healey
1 I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON (ENTITIES ONLY)
- -------- -----------------------------------------------------------------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
2 (b) |X|
- -------- -----------------------------------------------------------------------
SEC USE ONLY
3
- -------- -----------------------------------------------------------------------
CITIZENSHIP OR PLACE OF ORGANIZATION
United States
4
- -------- -----------------------------------------------------------------------
SOLE VOTING POWER
NUMBER OF 5 0
SHARES ------ --------------------------------------------------
BENEFICIALLY
OWNED BY SHARED VOTING POWER
EACH
REPORTING 6 675,000
PERSON ------ --------------------------------------------------
WITH
SOLE DISPOSITIVE POWER
7 0
------ -------------------------------------------------
SHARED DISPOSITIVE POWER
8 675,000
- ----------------------- ------ -------------------------------------------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9 675,000
- -------- -----------------------------------------------------------------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10 |_|
- -------- -----------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11 5.34%
- -------- -----------------------------------------------------------------------
TYPE OF REPORTING PERSON*
12 IN
- -------- -----------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Item 1(a). Name of Issuer: Cutera, Inc.
Item 1(b). Address of Issuer's Principal Executive Offices:
3240 Bayshore Blvd.
Brisbane, California 94005
Item 2(a, b, c). Name of Persons Filing, Address of Principal Business Office,
Citizenship:
(i) HealthCor Management, L.P., a Delaware limited
partnership; Carnegie Hall Tower, 152 West 57th Street, 47th
Floor, New York, New York 10019; (ii) Joseph Healey; Carnegie
Hall Tower, 152 West 57th Street, 47th Floor, New York, New
York 10019; and (iii) Arthur Cohen, 12 South Main Street, #203
Norwalk, CT 06854. Both Mr. Healey and Mr. Cohen are United
States citizens.
Item 2(d). Title of Class of Securities: common stock, par value $0.001
per share (the "Common Stock")
Item 2(e). CUSIP Number: 232109108
Item 3. Not Applicable.
Item 4. Ownership.
HealthCor Management, L.P. is the investment manager to certain accounts
which hold the Common Stock reported herein and by virtue of such status may be
deemed to be the beneficial owner of 675,000 shares of Common Stock of the
Issuer. Arthur Cohen and Joseph Healey, the Managers of HealthCor Associates,
LLC, the general partner of HealthCor Management, L.P., have voting and
investment power with respect to the Common Stock reported herein, and therefore
may be deemed to be the beneficial owner of such Common Stock.
1. HealthCor Management, L.P.
(a) Amount beneficially owned: 675,000 shares.
(b) Percent of class: 5.34%. The percentage of Common Stock
reported as beneficially owned is based upon 12,635,776
shares outstanding as of July 31, 2006, as reported by
the Issuer in its quarterly report on Form 10-Q filed
with the Securities and Exchange Commission on August
9th, 2006.
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: 0
(ii) Shared power to vote or to direct the vote: 675,000
shares.
(iii) Sole power to dispose or to direct the disposition
of: 0
(iv) Shared power to dispose or to direct the
disposition of: 675,000 shares.
2. Joseph Healey
(a) Amount beneficially owned: 675,000 shares.
(b) Percent of class: 5.34% (determined as set forth in
paragraph 1(b) of this Item 4) (c) Number of shares as to
which such person has:
(i) Sole power to vote or to direct the vote: 0
(ii)Shared power to vote or to direct the vote: 675,000
shares.
(iii) Sole power to dispose or to direct the disposition
of: 0
(iv) Shared power to dispose or to direct the
disposition of: 675,000 shares.
3. Arthur Cohen
(a) Amount beneficially owned: 675,000 shares.
(b) Percent of class: 5.34% (determined as set forth in
paragraph 1(b) of this Item 4)
(c) Number of shares as to
which such person has:
(i) Sole power to vote or to direct the vote: 0
(ii)Shared power to vote or to direct the vote: 675,000
shares.
(iii) Sole power to dispose or to direct the disposition
of: 0
(iv) Shared power to dispose or to direct the
disposition of: 675,000 shares.
Item 5. Ownership of Five Percent or less of a Class:
If this statement is being filed to report the fact that as of the
date hereof the reporting person has ceased to be the beneficial
owner of more than five percent of the class of securities, check
the following |_|.
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
The Common Stock reported herein is held by certain accounts managed
by HealthCor Management, L.P. in a fiduciary or representative
capacity. Accordingly, persons other than the reporting persons have
the right to receive or the power to direct the receipt of dividends
from, or the proceeds from the sale of, such securities; however, no
such person has an interest that relates to more than five percent
of the class.
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.
Not applicable.
Item 9. Notice of Dissolution of Group.
Not Applicable.
Item 10. Certification.
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.
[Signature Page Follows:]
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.
DATED: October 19, 2006
HealthCor Management, L.P.
By: HealthCor Associates, LLC, general partner of
HealthCor Management, L.P.
By: /s/ Arthur Cohen
----------------------------
Name: Arthur Cohen
Title: Manager
By: /s/ Joseph Healey
----------------------------
Name: Joseph Healey
Title: Manager
/s/ Joseph Healey
----------------------------
Joseph Healey, Individually
/s/ Arthur Cohen
----------------------------
Arthur Cohen, Individually
Exhibit 1
JOINT ACQUISITION STATEMENT PURSUANT TO RULE 13d-1(k)
The undersigned acknowledge and agree that the foregoing statement on
Schedule 13G is filed on behalf of each of the undersigned and that all
subsequent amendments to this statement on Schedule 13G shall be filed on behalf
of each of the undersigned without the necessity of filing additional joint
acquisition statements. The undersigned acknowledge that each shall be
responsible for the timely filing of such amendments, and for the completeness
and accuracy of the information concerning him or it contained therein, but
shall not be responsible for the completeness and accuracy of the information
concerning the others, except to the extent that he or it knows or has reason to
believe that such information is inaccurate.
DATED: October 19, 2006
HealthCor Management, L.P.
By: HealthCor Associates, LLC, general partner of
HealthCor Management, L.P.
By: /s/ Arthur Cohen
----------------------------
Name: Arthur Cohen
Title: Manager
By: /s/ Joseph Healey
----------------------------
Name: Joseph Healey
Title: Manager
/s/ Joseph Healey
----------------------------
Joseph Healey, Individually
/s/ Arthur Cohen
----------------------------
Arthur Cohen, Individually