Paul S. Madera - Nov 2, 2021 Form 4 Insider Report for Sonendo, Inc. (SONX)

Role
Director
Signature
By: /s/ Jacqueline Collins, Attorney-in-Fact for Paul S. Madera
Stock symbol
SONX
Transactions as of
Nov 2, 2021
Transactions value $
$0
Form type
4
Date filed
11/2/2021, 05:22 PM
Previous filing
Oct 28, 2021
Next filing
Feb 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SONX Common Stock Conversion of derivative security +1.43M 1.43M Nov 2, 2021 Held by Meritech Capital Partners IV L.P. F1, F2
transaction SONX Common Stock Conversion of derivative security +35.4K 35.4K Nov 2, 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 -1.16M -100% 0 Nov 2, 2021 Common Stock 1.16M Held by Meritech Capital Partners IV L.P. F1, F2
transaction SONX Series E Preferred Stock Conversion of derivative security -276K -100% 0 Nov 2, 2021 Common Stock 276K Held by Meritech Capital Partners IV L.P. F1, F2
transaction SONX Series D Preferred Stock Conversion of derivative security -28.6K -100% 0 Nov 2, 2021 Common Stock 28.6K Held by Meritech Capital Affiliates IV L.P. F1, F3
transaction SONX Series E Preferred Stock Conversion of derivative security -6.82K -100% 0 Nov 2, 2021 Common Stock 6.82K 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.