**UNITED STATES SECURITIES AND EXCHANGE COMMISSION**

**WASHINGTON, D.C. 20549**

 

**FORM 10-Q/A**

**(Amendment No. 1)**

 

**x**      **QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934**

 

**FOR THE QUARTERLY PERIOD ENDED March 31, 2015**

 

**OR**

 

**o**         **TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934**

 

**FOR THE TRANSITION PERIOD FROM        TO       **

 

**COMMISSION FILE NUMBER 001-13111**

 

**DEPOMED, INC.**

(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)

 

| **CALIFORNIA**                    |   | **94-3229046**         |
|-----------------------------------|--------|------------------------|
| (STATE OR OTHER   JURISDICTION OF |   | (I.R.S. EMPLOYER       |
| INCORPORATION OR   ORGANIZATION)  |   | IDENTIFICATION NUMBER) |

 

**7999 Gateway Boulevard, Suite 300**

**Newark, California 94560**

(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES, INCLUDING ZIP CODE)

 

**(510) 744-8000**

(REGISTRANT’S TELEPHONE NUMBER, INCLUDING AREA CODE)

 

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.  Yes x No o

 

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).  Yes x No o

 

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company, as defined in Rule 12b-2 of the Exchange Act.

 
| Large   accelerated filer x |   | Accelerated   filer o         |
|-----------------------------|--------|-------------------------------|
|                        |   |                          |
| Non-accelerated   filer o   |   | Smaller   reporting company o |

 

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).  Yes o No x

 

The number of issued and outstanding shares of the Registrant’s Common Stock, no par value, as of May 8, 2015 was 59,963,351.

 

 

 

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**Explanatory Note**

 

Depomed, Inc. (the “Company”) is filing this Amendment No. 1 (this “Amendment”) to its Quarterly Report on Form 10-Q for the quarter ended March 31, 2015, filed with the Securities and Exchange Commission (the “Commission”) on May 11, 2015 (the “Form 10-Q”). The sole purpose of this Amendment is to file revised versions of Exhibits 10.1, 10.2, 10.3, 10.4 and 10.5 (the “Exhibits”) to the Form 10-Q in response to communications from the Staff of the Commission regarding a confidential treatment request made by the Company with respect to certain portions of the Exhibits.  

 

Pursuant to Rule 12b-15 under the Securities Exchange Act of 1934, as amended, this Amendment restates in its entirety Item 6 of the Form 10-Q and contains new certifications pursuant to Section 302 of the Sarbanes-Oxley Act of 2002, which are filed herewith. Because no financial statements have been included in this amendment and this amendment does not contain or amend any disclosure with respect to Items 307 and 308 of Regulation S-K, paragraphs 3, 4 and 5 of such certifications have been omitted.

 

This Amendment should be read in conjunction with the Form 10-Q, which continues to speak as of the date of the Form 10-Q. Except as specifically noted above, this Amendment does not modify or update disclosures in the Form 10-Q. Accordingly, this Amendment does not reflect events occurring after the filing of the Form 10-Q or modify or update any related or other disclosures.

 

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**ITEM 6. EXHIBITS**

 
|   | (a) | Exhibits |
|--------|-----|----------|

 
|   | 3.1   | (1)   | Amended and Restated   Articles of Incorporation                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
|--------|-------|-------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   | 3.2   | (2)   | Certificate of   Amendment to Amended and Restated Articles of Incorporation                                                                                                                                                                                                                                                                                                                                                                                                                                     |
|   | 3.3   | (3)   | Certificate of   Determination of Series RP Preferred Stock of the Company                                                                                                                                                                                                                                                                                                                                                                                                                                  |
|   | 3.4   | (4)   | Bylaws, as amended                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
|   | +10.1 | (*)   | Note Purchase Agreement   dated March 12, 2015 among the Company and Deerfield Private Design   Fund III, L.P., Deerfield Partners, L.P., Deerfield International Master   Fund, L.P., Deerfield Special Situations Fund, L.P., Deerfield Private Design   Fund II, L.P., Deerfield Private Design International II, L.P., BioPharma   Secured Investments III Holdings Cayman LP, Inteligo Bank Ltd. and   Phemus Corporation and Deerfield Private Design Fund III, L.P., as collateral   agent |
|   | +10.2 | (*)   | Security Agreement   dated April 2, 2015 between the Company and Deerfield Private Design   Fund III, L.P., as collateral agent                                                                                                                                                                                                                                                                                                                                                                             |
|   | +10.3 | (*)   | Assignment and Consent   dated January 13, 2015 between the Company and Grünenthal GmbH related to   the License Agreement (U.S.) dated January 13, 2015 between Grünenthal GmbH and Janssen   Research and Development                                                                                                                                                                                                                                                                      |
|   | +10.4 | (*)   | Transitional Supply   Agreement dated April 2, 2015 between the Company, Janssen Ortho LLC and   Janssen Pharmaceuticals, Inc.                                                                                                                                                                                                                                                                                                                                                                         |
|   | +10.5 | (*)   | Supply Agreement dated   April 2, 2015 between the Company and Noramco, Inc.                                                                                                                                                                                                                                                                                                                                                                                                                           |
|   | 31.1  | (*)   | Certification pursuant   to Rule 13a-14(a) under the Securities Exchange Act of 1934 of   James A. Schoeneck                                                                                                                                                                                                                                                                                                                                                                                           |
|   | 31.2  | (*)   | Certification pursuant   to Rule 13a-14(a) under the Securities Exchange Act of 1934 of   August J. Moretti                                                                                                                                                                                                                                                                                                                                                                                       |
|   | 32.1  | (**)  | Certification pursuant   to 18 U.S.C. Section 1350 of James A. Schoeneck                                                                                                                                                                                                                                                                                                                                                                                                                                    |
|   | 32.2  | (**)  | Certification pursuant   to 18 U.S.C. Section 1350 of August J. Moretti                                                                                                                                                                                                                                                                                                                                                                                                                                |
|   | 101   | (***) | Interactive Data Files   pursuant to Rule 405 of Regulation S-T                                                                                                                                                                                                                                                                                                                                                                                                                                             |

 

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|   |   |   | (1) | Incorporated by   reference to the Company’s registration statement on Form SB-2 (File   No. 333-25445) |
|--------|--------|--------|-----|------------------------------------------------------------------------------------------------------------------------|
|   |   |   | (2) | Incorporated by   reference to the Company’s Form 10-K filed on March 31, 2003                          |
|   |   |   | (3) | Incorporated by   reference to the Company’s Form 10-Q filed on May 10, 2005                            |
|   |   |   | (4) | Incorporated by   reference to the Company’s Form 8-K filed on April 19, 2005                           |
|   |   |   | *   | Filed herewith                                                                                                         |
|   |   |   | +   | Confidential treatment   requested                                                                                     |
|   |   |   | **  | Previously furnished   with the Form 10-Q                                                                         |
|   |   |   | *** | Previously filed with   the Form 10-Q                                                                             |

 

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**SIGNATURES**

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 
| Date:   December 18, 2015 | DEPOMED, INC.                      |
|---------------------------|-----------------------------------------|
|                      |                                    |
|                      |                                    |
|                      | /s/ James A. Schoeneck                  |
|                      | James A. Schoeneck                      |
|                      | President   and Chief Executive Officer |
|                      |                                    |
|                      |                                    |
|                      | /s/   August J. Moretti            |
|                      | August J. Moretti                  |
|                      | Chief   Financial Officer               |

 

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