Sonos Inc — Director's Dealing 2021

Feb 18, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Sonos Inc (SONO)
CIK: 0001314727
Period of Report: 2021-02-12

Reporting Person: Volpi Michelangelo (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-12	Common Stock	S	253975	$35.2935	Disposed	641310	Indirect
2021-02-16	Common Stock	S	70922	$35.3156	Disposed	570388	Indirect
2021-02-16	Common Stock	S	355775	$36.1182	Disposed	214613	Indirect
2021-02-17	Common Stock	S	116985	$35.6641	Disposed	97628	Indirect
2021-02-17	Common Stock	S	97628	$36.3351	Disposed	0	Indirect

Footnotes

F1: On February 12, 2021, Index Venture Growth Associates I Limited ("IVGA I") sold 253,975 shares of common stock of the Issuer. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.80 - $35.64. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F2: The shares are held directly by IVGA I.

F3: Michelangelo Volpi, a member of the Issuer's Board of Directors, is a partner with the Index Ventures group. Advisors within the Index Ventures group provide advice to IVGA I. Mr. Volpi is involved in making recommendations to IVGA I, but does not hold voting or dispositive power over the shares held by the IVGA I. Mr. Volpi 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.

F4: On February 16, 2021, IVGA I sold 70,922 shares of common stock of the Issuer. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.73 - $35.725. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F5: On February 16, 2021, IVGA I sold 355,775 shares of common stock of the Issuer. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.73 - $36.39. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F6: On February 17, 2021, IVGA I sold 116,985 shares of common stock of the Issuer. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.16 - $36.15. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F7: On February 17, 2021, IVGA I sold 97,628 shares of common stock of the Issuer. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.16 - $36.56. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.