UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. _ )*
Nektar Therapeutics
**
(Name of Issuer)
Common Stock
(Title of Class of Securities)
640268108
**
(CUSIP Number)
May 31, 2019
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule
pursuant to which this Schedule is filed:
| [X] | 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 (the "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.)
** Massachusetts Mutual Life Insurance Company (“MassMutual”), an indirect corporate parent of OppenheimerFunds, Inc. (“OFI”) and its subsidiaries, sold OFI to Invesco Ltd. (“Invesco”) in a transaction that closed on May 24, 2019. As a result, investment discretion and voting rights previously exercised by OFI over its various mutual funds and other accounts has been transferred to Invesco. OFI no longer holds any disclosable position in the issuer and Invesco is including those interests in this filing.
| CUSIP No. | 640268108 | ||||
| 1. |
NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) Invesco Ltd. 98-0557567 |
||
| 2. |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] |
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| 3. | SEC USE ONLY | ||
| 4. |
CITIZENSHIP OR PLACE OF ORGANIZATION Bermuda |
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|
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5. SOLE VOTING POWER | 21,984,578 | |
| 6. SHARED VOTING POWER | 0 | ||
| 7. SOLE DISPOSITIVE POWER | 21,984,578 | ||
| 8. SHARED DISPOSITIVE POWER | 0 | ||
| 9. |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 21,984,578 |
||
| 10. |
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] |
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| 11. |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 12.6% |
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| 12. |
TYPE OF REPORTING PERSON HC, IA |
||
| Item 1. | ||||
| (a) |
Name of Issuer Nektar Therapeutics |
|||
| (b) |
Address of Issuer's Principal Executive Offices 455 Mission Bay, Blvd South, San Franciso CA 94158 |
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| Item 2. | ||||
| (a) |
Name of Person Filing Invesco Ltd. ("Invesco Ltd.") |
|||
| (b) |
Address of Principal Business Office or, if None, Residence 1555 Peachtree Street NE, Suite 1800, Atlanta GA 30309 |
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| (c) |
Citizenship Bermuda |
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| (d) |
Title of Class of Securities Common Stock |
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| (e) |
CUSIP Number 640268108 |
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| Item 3. | If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a: | |||
| (a) | [ ] | Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o). | ||
| (b) | [ ] | Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c). | ||
| (c) | [ ] | Insurance Company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c). | ||
| (d) | [ ] | Investment Company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). | ||
| (e) | [X] | An investment adviser in accordance with Rule 240.13d-1(b)(1)(ii)(E); | ||
| (f) | [ ] | An employee benefit plan or endowment fund in accordance with Rule 240.13d-1(b)(1)(ii)(F); | ||
| (g) | [X] | A parent holding company or control person in accordance with Rule 240.13d-1(b)(1)(ii)(G); | ||
| (h) | [ ] | A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); | ||
| (i) | [ ] | 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 (15 U.S.C. 80a-3); | ||
| (j) | [ ] | Group, in accordance with Rule 240.13d-1(b)(1)(ii)(J). | ||
| Item 4. | Ownership. | |||
| Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. | ||||
| (a) | Amount Beneficially Owned: | |||
| Invesco Ltd. , in its capacity as a parent holding company to its investment advisers, may be deemed to beneficially own 21,984,578 shares of the Issuer which are held of record by clients of Invesco Ltd. .. | ||||
| (b) | Percent of Class: | |||
| 12.6% | ||||
| (c) | Number of shares as to which such person has: | |||
| (i) | sole power to vote or to direct the vote | 21,984,578 | ||
| (ii) | shared power to vote or to direct the vote | 0 | ||
| (iii) | sole power to dispose or to direct the disposition of | 21,984,578 | ||
| (iv) | shared power to dispose or to direct the disposition of | 0 | ||
| Item 5. | Ownership of Five Percent or Less of 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. | |||
|
Invesco Advisers, Inc.
is a subsidiary of
Invesco Ltd.
and it advises the Invesco Oppenheimer Global Opportunities Fund Short Term
which owns
9.93%
of the security reported herein.
However, no one individual has greater than 5% economic ownership.
The shareholders of the Fund have the right to receive or the power
to direct the receipt of dividends and proceeds from the sale of
securities listed above.
|
||||
| Item 7. |
Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on by the Parent Holding Company. |
|||
|
Invesco Advisers, Inc. Invesco Asset Management Japan Limited Invesco Canada Ltd Invesco Investment Advisers, LLC Invesco Capital Management LLC |
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| Item 8. |
Identification and Classification of Members of the Group. Not Applicable. This schedule is not being filed pursuant to Rule 13d-1(b)(1)(ii)(J) or Rule 13d-1(d). |
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| Item 9. |
Notice of Dissolution of Group. Not Applicable |
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| Item 10. |
Certification. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and 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. |
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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. |
|
Invesco Ltd.
|
|
|
By: /s/
Nancy L. Tomassone
|
|
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Date:
June 10, 2019
|
|
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Name:
Nancy L. Tomassone
|
|
|
Title:
Global Assurance Officer
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JOINT FILING AGREEMENT
In accordance with Rule 13d-1(k) (l) under the Securities Exchange Act of 1934,
as amended, the undersigned hereby agree to the joint filing of the attached
Schedule 13G, and any and all amendments thereto, and expressly authorize
Invesco Ltd., as the ultimate parent company of each of its undersigned
subsidiaries, to file such Schedule 13G, and any and all amendments thereto,
on behalf of each of them.
Dated: 01/31/2019
Invesco Ltd.
By: /s/ Nancy Tomassone
Name: Nancy Tomassone
Title: Global Assurance Officer
By: /s/ Nancy Tomassone
Name: Nancy Tomassone
Title: Global Assurance Officer
Invesco Advisers, Inc.
By: /s/ Robert R. Leveille
Name: Robert R. Leveille
Title: Head of Compliance
By: /s/ Robert R. Leveille
Name: Robert R. Leveille
Title: Head of Compliance
Invesco Canada Ltd.
By: /s/ Jasmin Jabri
Name: Jasmin Jabri
Title: Head of Compliance
By: /s/ Jasmin Jabri
Name: Jasmin Jabri
Title: Head of Compliance
Invesco Trust Company
By: /s/ Odeh Stevens
Name: Odeh Stevens
Title: Authorized Signatory
By: /s/ Odeh Stevens
Name: Odeh Stevens
Title: Authorized Signatory
Invesco Hong Kong Limited
By: /s/ Lee Siu Mei
Name: Lee Siu Mei
Title: Authorized Signatory
By: /s/ Lee Siu Mei
Name: Lee Siu Mei
Title: Authorized Signatory
Invesco Hong Kong Limited
By: /s/ Pang Sin Chu
Name: Pang Sin Chu
Title: Authorized Signatory
By: /s/ Pang Sin Chu
Name: Pang Sin Chu
Title: Authorized Signatory
Invesco Asset Management Deutschland GmbH
By: /s/ Stephanie Ehrenfried
Name: Stephanie Ehrenfried
Title: Head of Legal Continental Europe & Cross-Border Funds
By: /s/ Stephanie Ehrenfried
Name: Stephanie Ehrenfried
Title: Head of Legal Continental Europe & Cross-Border Funds
Invesco Asset Management Limited
By: /s/ Chris Edge
Name: Chris Edge
Title: Head of UK Compliance
By: /s/ Chris Edge
Name: Chris Edge
Title: Head of UK Compliance
Invesco Asset Management S.A.
By: /s/ Matthieu Grosclaude
Name: Matthieu Grosclaude
Title: COO, EMEA Retail
By: /s/ Matthieu Grosclaude
Name: Matthieu Grosclaude
Title: COO, EMEA Retail
Invesco Asset Management S.A.
By: /s/ Bernard Aybran
Name: Bernard Aybran
Title: Multi-Management CIO
By: /s/ Bernard Aybran
Name: Bernard Aybran
Title: Multi-Management CIO
Invesco Management S.A.
By: /s/ Peter Carroll
Name: Peter Carroll
Title: Head EMEA Delegation Oversight
By: /s/ Peter Carroll
Name: Peter Carroll
Title: Head EMEA Delegation Oversight
Invesco Taiwan Limited
By: /s/ Jacky Hsiao
Name: Jacky Hsiao
Title: General Manager
By: /s/ Jacky Hsiao
Name: Jacky Hsiao
Title: General Manager
Invesco Asset Management (Japan) Limited
By: /s/ Masakazu Hasegawa
Name: Masakazu Hasegawa
Title: CAO
By: /s/ Masakazu Hasegawa
Name: Masakazu Hasegawa
Title: CAO
Invesco Asset Management Singapore Limited
By: /s/ Lee Siu Mei
Name: Lee Siu Mei
Title: Authorized Signatory
By: /s/ Lee Siu Mei
Name: Lee Siu Mei
Title: Authorized Signatory
Invesco Asset Management Singapore Limited
By: /s/ Pang Sin Chu
Name: Pang Sin Chu
Title: Authorized Signatory
By: /s/ Pang Sin Chu
Name: Pang Sin Chu
Title: Authorized Signatory
Invesco Global Asset Management DAC
By: /s/ Cormac O'Sullivan
Name: Cormac O'Sullivan
Title: Director, PMO
By: /s/ Cormac O'Sullivan
Name: Cormac O'Sullivan
Title: Director, PMO
Invesco Capital Management, LLC
By: /s/ Melanie Zimdars
Name: Melanie Zimdars
Title: CCO, ICM & ETFs
By: /s/ Melanie Zimdars
Name: Melanie Zimdars
Title: CCO, ICM & ETFs
Invesco Investment Advisers, LLC
By: /s/ Trisha B Hancock
Name: Trisha B Hancock
Title: CCO, Broker-Dealers and UITs
By: /s/ Trisha B Hancock
Name: Trisha B Hancock
Title: CCO, Broker-Dealers and UITs
Invesco Australia Ltd.
By: /s/ Jane Stewart
Name: Jane Stewart
Title: Senior Compliance Manager
By: /s/ Jane Stewart
Name: Jane Stewart
Title: Senior Compliance Manager