SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* Aberdare GP II, L.L.C. (Last) (First) (Middle) ONE EMBARCADERO CENTER SUITE 4000 (Street) SAN FRANCISCO CA 94111 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol EnteroMedics Inc [ ETRM ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) Other (specify below)
	3. Date of Earliest Transaction (Month/Day/Year) 11/20/2007
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	11/20/2007		C		26,934	A	(1)	29,704	D(3)
Common Stock	11/20/2007		C		1,188,058	A	(1)	1,310,288	D(4)
Common Stock	11/20/2007		C		237,254	A	(1)	362,254	D(5)
Common Stock	11/20/2007		C		58,091	A	(1)	58,091	I	Paul Klingenstein(2)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Series B Preferred Stock	(1)	11/20/2007		C			21,607	(1)	(1)	Common Stock	21,607	$0	0	D(2)(3)
Series B Preferred Stock	(1)	11/20/2007		C			952,972	(1)	(1)	Common Stock	952,972	$0	0	D(2)(4)
Series B Preferred Stock	(1)	11/20/2007		C			38,853	(1)	(1)	Common Stock	38,853	$0	0	I(2)	Paul Klingenstein
Series C Preferred Stock	(1)	11/20/2007		C			237,254	(1)	(1)	Common Stock	237,254	$0	0	D(2)(5)
Series C Preferred Stock	(1)	11/20/2007		C			5,327	(1)	(1)	Common Stock	5,327	$0	0	D(2)(3)
Series C Preferred Stock	(1)	11/20/2007		C			19,238	(1)	(1)	Common Stock	19,238	$0	0	I(2)	Paul Klingenstein
Series C Preferred Stock	(1)	11/20/2007		C			235,086	(1)	(1)	Common Stock	235,086	$0	0	D(2)(4)
Common Stock Warrant	$0.46							(6)	12/12/2010	Common Stock	937		937	D(2)(3)
Common Stock Warrant	$0.46							(6)	12/12/2010	Common Stock	41,293		41,293	D(2)(4)
Common Stock Warrant	$0.46							(6)	12/12/2010	Common Stock	1,684		1,684	I(2)	Paul Klingenstein

1. Name and Address of Reporting Person* Aberdare GP II, L.L.C. (Last) (First) (Middle) ONE EMBARCADERO CENTER SUITE 4000 (Street) SAN FRANCISCO CA 94111 (City) (State) (Zip)

1. Name and Address of Reporting Person* Aberdare Ventures II, L.P. (Last) (First) (Middle) ONE EMBARCADERO CENTER SUITE 4000 (Street) SAN FRANCISCO CA 94111 (City) (State) (Zip)

1. Name and Address of Reporting Person* Aberdare Ventures II (Bermuda), L.P. (Last) (First) (Middle) ONE EMBARCADERO CENTER SUITE 4000 (Street) SAN FRANCISCO CA 94111 (City) (State) (Zip)

1. Name and Address of Reporting Person* ABERDARE II ANNEX FUND L P (Last) (First) (Middle) ONE EMBARCADERO CENTER SUITE 4000 (Street) SAN FRANCISCO CA 94111 (City) (State) (Zip)

Explanation of Responses:

1. The convertible preferred stock automatically converted one-to-one into common stock upon completion of the initial public offering.

2. Paul Klingenstein, a director of EnteroMedics Inc., is a managing partner and Aberdare GP II, LLC is the general partner of each of Aberdare Ventures II, L.P., Aberdare Ventures II (Bermuda), L.P. and Aberdare II Annex Fund, L.P.

3. Represents shares held by Aberdare Ventures II (Bermuda), L.P.

4. Represents shares held by Aberdare Ventures II, L.P.

5. Represents shares held by Aberdare II Annex Fund, L.P.

6. Immediately exercisable.

Remarks:

Signed by Paul Klingenstein, as Managing Partner, for and on behalf of Aberdare Ventures GP II, LLC, Aberdare Ventures II, L.P., Aberdare Ventures II (Bermuda), L.P. and Aberdare II Annex Fund, L.P.

	/s/ Paul Klingenstein, Managing Partner	11/20/2007
	** Signature of Reporting Person	Date
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