Schedule 13G
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934

 

 

 

 

MEMSIC, Inc.

(Name of Issuer)

 

 

Common Stock, $0.00001

(Title of Class of Securities)

 

 

586264103

(CUSIP Number)

 

 

Calendar Year 2007

(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 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. 586264103   13G   Page 2 of 5 Pages

 

  1.  

Names of Reporting Persons.

I.R.S. Identification Nos. of above persons (entities only).

 

            Still River Fund II LP

   
  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ¨

(b)  x

   
  3.  

SEC Use Only

 

   
  4.  

Citizenship or Place of Organization

 

            The Reporting Person is a limited partnership formed under the laws of the State of Delaware.

 

Number of  

Shares  

Beneficially  

Owned by  

Each  

Reporting  

Person  

With  

 

 

  5.    Sole Voting Power

 

            2,878,107

 

  6.    Shared Voting Power

 

            0

 

  7.    Sole Dispositive Power

 

            2,878,107

 

  8.    Shared Dispositive Power

 

            0

  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

            2,878,107

   
10.  

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

 

 

 

¨

 

11.  

Percent of Class Represented by Amount in Row (9)

 

            approximately 12.6%

   
12.  

Type of Reporting Person (See Instructions)

 

            OO

   

 


CUSIP No. 586264103   Page 3 of 5 Pages

 

Item 1.  

(a)

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

(b)

   Address of the Issuer’s Principal Executive Offices:      
     One Tech Drive, Suite 325, Andover, MA 01810.      
Item 2.  

(a)

   Name of Person Filing:      
     Still River Fund II LP (the “Reporting Person”).      
 

(b)

   Address of Principal Business Office:      
     The principal business office of the Reporting Person with respect to the shares reported hereunder is Reservoir Place, 1601 Trapelo Road, Waltham, Massachusetts 02451.
 

(c)

   Citizenship:      
     The Reporting Person is a limited partnership formed under the laws of the State of Delaware.      
 

(d)

   Title and Class of Securities:      
     Common stock, $0.00001 (“Common Stock”)      
 

(e)

   CUSIP Number:      
     586264103      
Item 3.   If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:   
  Not applicable   


CUSIP No. 586264103   Page 4 of 5 Pages

 

Item 4.    Ownership      
   As of December 31, 2007, the Reporting Person beneficially owned 2,878,107 outstanding shares of Common Stock of the Issuer, representing approximately 12.6% of the class.
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      
   Not applicable      
Item 9.    Notice of Dissolution of Group      
   Not applicable      
Item 10.    Certification      
   By signing below I hereby 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.


CUSIP No. 586264103   Page 5 of 5 Pages

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 13, 2008
STILL RIVER FUND II LP
By:   James A Saalfield
By:  

/s/ James A. Saalfield

  James A. Saalfield
  Managing General Partner