Paul S. Madera - 02 Nov 2021 Form 4 Insider Report for Sonendo, Inc. (SONX)

Role: Director
Signature: By: /s/ Jacqueline Collins, Attorney-in-Fact for Paul S. Madera
Issuer symbol: SONX
Transactions as of: 02 Nov 2021
Net transactions value: $0
Form type: 4
Filing time: 02 Nov 2021, 17:22:22 UTC
Previous filing: 28 Oct 2021
Next filing: 14 Feb 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SONX	Common Stock	Conversion of derivative security		+1,433,575			1,433,575	02 Nov 2021	Held by Meritech Capital Partners IV L.P.	F1, F2
transaction	SONX	Common Stock	Conversion of derivative security		+35,402			35,402	02 Nov 2021	Held by Meritech Capital Affiliates IV L.P.	F1, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	SONX	Series D Preferred Stock	Conversion of derivative security		-1,157,456	-100%		0	02 Nov 2021	Common Stock	1,157,456		Held by Meritech Capital Partners IV L.P.	F1, F2
transaction	SONX	Series E Preferred Stock	Conversion of derivative security		-276,119	-100%		0	02 Nov 2021	Common Stock	276,119		Held by Meritech Capital Partners IV L.P.	F1, F2
transaction	SONX	Series D Preferred Stock	Conversion of derivative security		-28,583	-100%		0	02 Nov 2021	Common Stock	28,583		Held by Meritech Capital Affiliates IV L.P.	F1, F3
transaction	SONX	Series E Preferred Stock	Conversion of derivative security		-6,819	-100%		0	02 Nov 2021	Common Stock	6,819		Held by Meritech Capital Affiliates IV L.P.	F1, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Upon the closing of the Issuer's initial public offering, each share of preferred stock automatically converted into shares of the Issuer's common stock on a one-for-one basis.
F2	Meritech Capital Associates IV L.L.C. ("GP IV"), the general partner of Meritech Capital Partners IV L.P. ("MCP IV"), has sole voting and dispositive power with respect to the shares held by MCP IV. Mr. Madera is a managing member of GP IV and shares voting and dispositive power with respect to the shares held by MCP IV. Mr. Madera disclaims the existence of a "group" and disclaims beneficial ownership of the securities reported herein, except to the extent of his pecuniary interest in such shares. The filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, Mr. Madera is the beneficial owner of any securities reported herein.
F3	GP IV, the general partner of Meritech Capital Affiliates IV L.P. ("MCA IV"), has sole voting and dispositive power with respect to the shares held by MCA IV. Mr. Madera is a managing member of GP IV and shares voting and dispositive power with respect to the shares held by MCA IV. Mr. Madera disclaims the existence of a "group" and disclaims beneficial ownership of the securities reported herein, except to the extent of his pecuniary interest in such shares. The filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, Mr. Madera is the beneficial owner of any securities reported herein.