Check the appropriate box to designate
the rule pursuant to which this Schedule is filed:
*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. 03824M109
|
Page 2 of 15 Pages
|
1.
|
Name of Reporting Persons
The Founders Fund V, 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
Delaware
|
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:
|
5.
|
Sole Voting Power
0
|
6.
|
Shared Voting Power
2,814,640 (1)
|
7.
|
Sole Dispositive Power
0
|
8.
|
Shared Dispositive Power
2,814,640 (1)
|
9.
|
Aggregate Amount Beneficially Owned by
Each Reporting Person
2,814,640 (1)
|
10.
|
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
|
11.
|
Percent of Class Represented by Amount
in Row (9)
8.1% (2)
|
12.
|
Type of Reporting Person (See Instructions)
PN
|
|
|
|
|
(1) Consists
of common stock of the Issuer held by the reporting person.
(2)
This percentage is based upon 34,880,411 outstanding shares of the Issuer’s common stock as of November 5, 2020, as
reported in the Issuer’s quarterly report for the quarter ended September 30, 2020, filed with the Securities and Exchange
Commission on November 12, 2020.
CUSIP No. 03824M109
|
Page 3 of 15 Pages
|
1.
|
Name of Reporting Persons
The Founders Fund V Entrepreneurs Fund, 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
Delaware
|
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:
|
5.
|
Sole Voting Power
0
|
6.
|
Shared Voting Power
39,836 (1)
|
7.
|
Sole Dispositive Power
0
|
8.
|
Shared Dispositive Power
39,836 (1)
|
9.
|
Aggregate Amount Beneficially Owned by
Each Reporting Person
39,836 (1)
|
10.
|
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
|
11.
|
Percent of Class Represented by Amount
in Row (9)
0.1% (2)
|
12.
|
Type of Reporting Person (See Instructions)
PN
|
|
|
|
|
(1) Consists
of common stock of the Issuer held by the reporting person.
(2)
This percentage is based upon 34,880,411 outstanding shares of the Issuer’s common stock as of November 5, 2020, as
reported in the Issuer’s quarterly report for the quarter ended September 30, 2020, filed with the Securities and Exchange
Commission on November 12, 2020.
CUSIP No. 03824M109
|
Page 4 of 15 Pages
|
1.
|
Name of Reporting Persons
The Founders Fund V Principals Fund, 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
Delaware
|
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:
|
5.
|
Sole Voting Power
0
|
6.
|
Shared Voting Power
757,139 (1)
|
7.
|
Sole Dispositive Power
0
|
8.
|
Shared Dispositive Power
757,139 (1)
|
9.
|
Aggregate Amount Beneficially Owned by
Each Reporting Person
757,139 (1)
|
10.
|
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
|
11.
|
Percent of Class Represented by Amount
in Row (9)
2.2% (2)
|
12.
|
Type of Reporting Person (See Instructions)
PN
|
|
|
|
|
(1) Consists
of common stock of the Issuer held by the reporting person.
(2)
This percentage is based upon 34,880,411 outstanding shares of the Issuer’s common stock as of November 5, 2020, as
reported in the Issuer’s quarterly report for the quarter ended September 30, 2020, filed with the Securities and Exchange
Commission on November 12, 2020.
CUSIP No. 03824M109
|
Page 5 of 15 Pages
|
1.
|
Name of Reporting Persons
The Founders Fund V Management, LLC
|
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
Delaware
|
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:
|
5.
|
Sole Voting Power
0
|
6.
|
Shared Voting Power
3,611,615 (1)
|
7.
|
Sole Dispositive Power
0
|
8.
|
Shared Dispositive Power
3,611,615 (1)
|
9.
|
Aggregate Amount Beneficially Owned by
Each Reporting Person
3,611,615 (1)
|
10.
|
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
|
11.
|
Percent of Class Represented by Amount
in Row (9)
10.4% (2)
|
12.
|
Type of Reporting Person (See Instructions)
OO
|
|
|
|
|
(1) Consists
of common stock of the Issuer held by The Founders Fund V, LP, The Founders Fund V Entrepreneurs Fund, LP and The Founders Fund
V Principals Fund, LP. The reporting person is the general partner of these partnerships and may be deemed to beneficially own
the shares held by such partnerships.
(2)
This percentage is based upon 34,880,411 outstanding shares of the Issuer’s common stock as of November 5, 2020, as
reported in the Issuer’s quarterly report for the quarter ended September 30, 2020, filed with the Securities and Exchange
Commission on November 12, 2020.
CUSIP No. 03824M109
|
Page 6 of 15 Pages
|
1.
|
Name of Reporting Persons
The Founders Fund VI, 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
Delaware
|
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:
|
5.
|
Sole Voting Power
0
|
6.
|
Shared Voting Power
656,194 (1)
|
7.
|
Sole Dispositive Power
0
|
8.
|
Shared Dispositive Power
656,194 (1)
|
9.
|
Aggregate Amount Beneficially Owned by
Each Reporting Person
656,194 (1)
|
10.
|
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
|
11.
|
Percent of Class Represented by Amount
in Row (9)
1.9% (2)
|
12.
|
Type of Reporting Person (See Instructions)
PN
|
|
|
|
|
(1) Consists
of common stock of the Issuer held by the reporting person.
(2)
This percentage is based upon 34,880,411 outstanding shares of the Issuer’s common stock as of November 5, 2020, as
reported in the Issuer’s quarterly report for the quarter ended September 30, 2020, filed with the Securities and Exchange
Commission on November 12, 2020.
CUSIP No. 03824M109
|
Page 7 of 15 Pages
|
1.
|
Name of Reporting Persons
The Founders Fund VI Entrepreneurs Fund, 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
Delaware
|
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:
|
5.
|
Sole Voting Power
0
|
6.
|
Shared Voting Power
8,158 (1)
|
7.
|
Sole Dispositive Power
0
|
8.
|
Shared Dispositive Power
8,158 (1)
|
9.
|
Aggregate Amount Beneficially Owned by
Each Reporting Person
8,158 (1)
|
10.
|
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
|
11.
|
Percent of Class Represented by Amount
in Row (9)
Less than 0.1% (2)
|
12.
|
Type of Reporting Person (See Instructions)
PN
|
|
|
|
|
(1) Consists
of common stock of the Issuer held by the reporting person.
(2)
This percentage is based upon 34,880,411 outstanding shares of the Issuer’s common stock as of November 5, 2020, as
reported in the Issuer’s quarterly report for the quarter ended September 30, 2020, filed with the Securities and Exchange
Commission on November 12, 2020.
CUSIP No. 03824M109
|
Page 8 of 15 Pages
|
1.
|
Name of Reporting Persons
The Founders Fund VI Principals Fund, 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
Delaware
|
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:
|
5.
|
Sole Voting Power
0
|
6.
|
Shared Voting Power
162,255 (1)
|
7.
|
Sole Dispositive Power
0
|
8.
|
Shared Dispositive Power
162,255 (1)
|
9.
|
Aggregate Amount Beneficially Owned by
Each Reporting Person
162,255 (1)
|
10.
|
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
|
11.
|
Percent of Class Represented by Amount
in Row (9)
0.5% (2)
|
12.
|
Type of Reporting Person (See Instructions)
PN
|
|
|
|
|
(1) Consists
of common stock of the Issuer held by the reporting person.
(2)
This percentage is based upon 34,880,411 outstanding shares of the Issuer’s common stock as of November 5, 2020, as
reported in the Issuer’s quarterly report for the quarter ended September 30, 2020, filed with the Securities and Exchange
Commission on November 12, 2020.
CUSIP No. 03824M109
|
Page 9 of 15 Pages
|
1.
|
Name of Reporting Persons
The Founders Fund VI Management, LLC
|
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
Delaware
|
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:
|
5.
|
Sole Voting Power
0
|
6.
|
Shared Voting Power
826,607 (1)
|
7.
|
Sole Dispositive Power
0
|
8.
|
Shared Dispositive Power
826,607 (1)
|
9.
|
Aggregate Amount Beneficially Owned by
Each Reporting Person
826,607 (1)
|
10.
|
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
|
11.
|
Percent of Class Represented by Amount
in Row (9)
2.4% (2)
|
12.
|
Type of Reporting Person (See Instructions)
OO
|
|
|
|
|
(1) Consists
of Class A common stock of the Issuer issuable upon conversion of Class B common stock held by The Founders Fund VI,
LP, The Founders Fund VI Entrepreneurs Fund, LP and The Founders Fund VI Principals Fund, LP. The reporting person is the general
partner of these partnerships and may be deemed to beneficially own the shares held by such partnerships.
(2)
This percentage is based upon 34,880,411 outstanding shares of the Issuer’s common stock as of November 5, 2020, as
reported in the Issuer’s quarterly report for the quarter ended September 30, 2020, filed with the Securities and Exchange
Commission on November 12, 2020.
CUSIP No. 03824M109
|
Page 10 of 15 Pages
|
1.
|
Name of Reporting Persons
Peter Thiel
|
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
United States
|
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:
|
5.
|
Sole Voting Power
0
|
6.
|
Shared Voting Power
4,438,222 (1)
|
7.
|
Sole Dispositive Power
0
|
8.
|
Shared Dispositive Power
4,438,222 (1)
|
9.
|
Aggregate Amount Beneficially Owned by
Each Reporting Person
4,438,222 (1)
|
10.
|
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
|
11.
|
Percent of Class Represented by Amount
in Row (9)
12.7% (2)
|
12.
|
Type of Reporting Person (See Instructions)
IN
|
|
|
|
|
(1) Consists
of common stock of the Issuer that may be deemed to be beneficially owned by The Founders Fund V Management, LLC, and The
Founders Fund VI Management, LLC. The reporting person is a managing member of each of The Founders Fund V Management, LLC
and The Founders Fund VI Management, LLC and shares voting and dispositive power over such shares.
(2)
This percentage is based upon 34,880,411 outstanding shares of the Issuer’s common stock as of November 5, 2020, as
reported in the Issuer’s quarterly report for the quarter ended September 30, 2020, filed with the Securities and Exchange
Commission on November 12, 2020.
CUSIP No. 03824M109
|
Page 11 of 15 Pages
|
|
1.
|
Name of Reporting Persons
Brian Singerman
|
|
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
United States
|
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:
|
5.
|
Sole Voting Power
0
|
6.
|
Shared Voting Power
4,438,222 (1)
|
7.
|
Sole Dispositive Power
0
|
8.
|
Shared Dispositive Power
4,438,222 (1)
|
9.
|
Aggregate Amount Beneficially Owned by
Each Reporting Person
4,438,222 (1)
|
10.
|
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ¨
|
11.
|
Percent of Class Represented by Amount
in Row (9)
12.7% (2)
|
12.
|
Type of Reporting Person (See Instructions)
IN
|
|
|
|
|
|
|
(1) Consists
of common stock of the Issuer that may be deemed to be beneficially owned by The Founders Fund V Management, LLC, and The Founders Fund VI Management, LLC.
The reporting person is a managing member of each of The Founders Fund V Management, LLC and The Founders Fund VI Management, LLC
and shares voting and dispositive power over such shares.
(2)
This percentage is based upon 34,880,411 outstanding shares of the Issuer’s common stock as of November 5, 2020, as
reported in the Issuer’s quarterly report for the quarter ended September 30, 2020, filed with the Securities and Exchange
Commission on November 12, 2020.
CUSIP No. 03824M109
|
Page 12 of 15 Pages
|
Applied Molecular Transport, Inc.
|
Item 1(b)
|
Address of Issuer's Principal Executive Offices
|
1 Tower Place,
Suite 850
South San Francisco,
California 94080
|
Item 2(a)
|
Name of Person Filing
|
This Statement on Schedule 13G has been filed on behalf
of the following persons (each, a “Reporting Person” and collectively, the “Reporting Persons”):
1. The Founders Fund V, LP
2. The Founders Fund V Entrepreneurs
Fund, LP
3. The Founders Fund V Principals Fund,
LP
4. The Founders Fund V Management, LLC
5. The Founders Fund VI, LP
6. The Founders Fund VI Entrepreneurs
Fund, LP
7. The Founders Fund VI Principals Fund,
LP
8. The Founders Fund VI Management, LLC
9. Peter Thiel
10. Brian Singerman
|
Item 2(b)
|
Address of Principal Business Office or, if none, Residence
|
The address of each of the Reporting Persons is:
One Letterman Drive Building D, Suite 500
San Francisco, California 94129
1. The Founders Fund V, LP is organized
in Delaware
2. The Founders Fund V Entrepreneurs
Fund, LP is organized in Delaware
3. The Founders Fund V Principals Fund,
LP is organized in Delaware
4. The Founders Fund V Management, LLC
is organized in Delaware
5. The Founders Fund VI, LP is organized
in Delaware
6. The Founders Fund VI Entrepreneurs
Fund, LP is organized in Delaware
7. The Founders Fund VI Principals Fund,
LP is organized in Delaware
8. The Founders Fund VI Management, LLC
is organized in Delaware
9. Peter Thiel is a United States citizen
10. Brian Singerman is a United States citizen
Item 2(d) Title of Class of Securities
Common
Stock, par value $0.0001 per share
03824M109
Item 3
Not applicable.
Provide the following information
regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1
CUSIP No. 03824M109
|
Page 13 of 15 Pages
|
(a) Amount beneficially
owned: See Row 9 of pages 2-11
(b) Percent of class: See
Row 11 of pages 2-11
(c) Number of shares as
to which the person has:
(i) Sole power
to vote or to direct the vote: See Row 5 of pages 2-11
(ii) Shared power
to vote or to direct the vote: See Row 6 of pages 2-11
(iii) Sole power
to dispose or to direct the disposition of: See Row 7 of pages 2-11
(iv) Shared power
to dispose or to direct the disposition of: See Row 8 of pages 2-11
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
Not applicable.
Item
7 Identification and Classification of the Subsidiary
which Acquired the Security Being Reported on by the Parent Holding Company
Not applicable.
Item
8 Identification and Classification of Members
of the Group
The Reporting Persons are filing
this Schedule 13G jointly, but not as members of a group, and each expressly disclaims membership in a group.
Item
9 Notice of Dissolution of Group
Not applicable.
Not applicable.
CUSIP No. 03824M109
|
Page 14 of 15 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.
Dated: February 16, 2021
|
THE FOUNDERS FUND V, LP
|
|
THE FOUNDERS FUND V ENTREPRENEURS FUND, LP
|
|
THE FOUNDERS FUND V PRINCIPALS FUND, LP
|
|
By: The Founders Fund V Management, LLC
|
|
Their: General Partner
|
|
By:
|
/s/Peter Thiel
|
|
Name: Peter Thiel
|
|
Title: Managing Member
|
|
|
|
THE FOUNDERS FUND V MANAGEMENT, LLC
|
|
By:
|
/s/Peter Thiel
|
|
Name: Peter Thiel
|
|
Title: Managing Member
|
|
|
|
THE FOUNDERS FUND VI, LP
|
|
THE FOUNDERS FUND VI ENTREPRENEURS FUND, LP
|
|
THE FOUNDERS FUND VI PRINCIPALS FUND, LP
|
|
By: The Founders Fund VI Management, LLC
|
|
Their: General Partner
|
|
By:
|
/s/Peter Thiel
|
|
Name: Peter Thiel
|
|
Title: Managing Member
|
|
|
|
THE FOUNDERS FUND VI MANAGEMENT, LLC
|
|
By:
|
/s/Peter Thiel
|
|
Name: Peter Thiel
|
|
Title: Managing Member
|
|
|
|
/s/ Peter Thiel
|
|
PETER THIEL
|
|
|
|
/s/ Brian Singerman
|
|
BRIAN SINGERMAN
|
EXHIBITS
A: Joint
Filing Agreement
CUSIP No. 03824M109
|
Page 15 of 15 Pages
|
EXHIBIT A: JOINT FILING AGREEMENT
In accordance with
Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, the undersigned agree to the joint filing on behalf
of each of them of a statement on Schedule 13G (including amendments thereto) with respect to the Class A common stock of
Applied Molecular Transport Inc. and further agree that this agreement be included as an exhibit to such filing. Each party to
the agreement expressly authorizes each other party to file on its behalf any and all amendments to such statement. Each party
to this agreement agrees that this joint filing agreement may be signed in counterparts.
In evidence whereof,
the undersigned have caused this Agreement to be executed on their behalf this 16th day of February, 2021.
|
THE FOUNDERS FUND V, LP
|
|
THE FOUNDERS FUND V ENTREPRENEURS FUND, LP
|
|
THE FOUNDERS FUND V PRINCIPALS FUND, LP
|
|
By: The Founders Fund V Management, LLC
|
|
Their: General Partner
|
|
By:
|
/s/Peter Thiel
|
|
Name: Peter Thiel
|
|
Title: Managing Member
|
|
|
|
THE FOUNDERS FUND V MANAGEMENT, LLC
|
|
By:
|
/s/Peter Thiel
|
|
Name: Peter Thiel
|
|
Title: Managing Member
|
|
|
|
THE FOUNDERS FUND VI, LP
|
|
THE FOUNDERS FUND VI ENTREPRENEURS FUND, LP
|
|
THE FOUNDERS FUND VI PRINCIPALS FUND, LP
|
|
By: The Founders Fund VI Management, LLC
|
|
Their: General Partner
|
|
By:
|
/s/Peter Thiel
|
|
Name: Peter Thiel
|
|
Title: Managing Member
|
|
|
|
THE FOUNDERS FUND VI MANAGEMENT, LLC
|
|
By:
|
/s/Peter Thiel
|
|
Name: Peter Thiel
|
|
Title: Managing Member
|
|
|
|
/s/ Peter Thiel
|
|
PETER THIEL
|
|
|
|
/s/ Brian Singerman
|
|
BRIAN SINGERMAN
|
|
|