Highland Capital Management Reveals Investment In Relypsa (RLYP)

NAME OF
REPORTING PERSONS

Highland Small-Cap Equity Fund

CHECK THE APPROPRIATE BOX IF A MEMBER
OF A GROUP*

(a)  ¨        (b)  ¨

SEC USE ONLY

CITIZENSHIP OR PLACE OF
ORGANIZATION

Massachusetts

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

SOLE VOTING POWER

37,000**

SHARED VOTING POWER

0

SOLE DISPOSITIVE POWER

37,000**

SHARED DISPOSITIVE POWER

0

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

37,000**

CHECK BOX IF THE AGGREGATE AMOUNT IN
ROW (9) EXCLUDES CERTAIN SHARES*

¨

PERCENT OF CLASS REPRESENTED BY AMOUNT
IN ROW 9

0.1%**

TYPE OF REPORTING PERSON*

IV, OO