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Sonos Inc — Director's Dealing 2018
Aug 6, 2018
31833_dirs_2018-08-06_4f28e5f9-6533-4818-9608-97318890b018.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Sonos Inc (SONO)
CIK: 0001314727
Period of Report: 2018-08-06
Reporting Person: Volpi Michelangelo (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-08-06 | Common Stock | C | 11369964 | — | Acquired | 12084250 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-08-06 | Series C Preferred Stock | $ | C | 11369964 | Disposed | Common Stock (11369964) | Indirect |
Footnotes
F1: Of the shares reported, (a) 10,931,734 shares are held directly by Index Ventures Growth I (Jersey), L.P. ("Index I"), (b) 381,380 shares are held directly by Index Ventures Growth I Parallel Entrepreneur Fund (Jersey), L.P. ("Index I Parallel"), and (c) 56,850 shares are held directly by Yucca (Jersey) SLP ("Yucca").
F2: In connection with the consummation of the Issuer's initial public offering on August 6, 2018, each share of Preferred Stock automatically converted into one (1) share of the Issuer's Common Stock for no additional consideration, and had no expiration date. All shares of Common Stock issued upon conversion were aggregated.
F3: Of the shares reported, (a) 10,931,734 shares are held directly by Index I, (b) 1,092,096 shares are held directly by Index I Parallel, and (c) 60,420 shares are held directly by Yucca.
F4: The Reporting Person is a partner with the Index Ventures group. Advisors within the Index Ventures group provide advice to Index I, Index I Parallel, and Yucca (collectively, the "Index Funds"). The Reporting Person is involved in making recommendations to the Index Funds, but does not hold voting or dispositive power over the shares held by the Index Funds. The Reporting Person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for Section 16 or any other purpose.