Olav Bergheim - 02 Nov 2021 Form 4 Insider Report for Sonendo, Inc. (SONX)

Role
Director, 10%+ Owner
Signature
By: /s/ Jacqueline Collins, Attorney-in-Fact for Olav Bergheim
Issuer symbol
SONX
Transactions as of
02 Nov 2021
Net transactions value
+$402,000
Form type
4
Filing time
02 Nov 2021, 17:22:42 UTC
Previous filing
28 Oct 2021
Next filing
01 Jul 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 +1,090,752 1,090,752 02 Nov 2021 Held by Fjordinvest LLC F1, F2
transaction SONX Common Stock Conversion of derivative security +393,473 393,473 02 Nov 2021 Held by Fjordinvest (Cayman) Ltd. F1, F3
transaction SONX Common Stock Conversion of derivative security +52,766 +385% 66,464 02 Nov 2021 Held by Fjord Ventures LLC F1, F4
transaction SONX Common Stock Conversion of derivative security +21,713 +20% 131,302 02 Nov 2021 Held by Micro LLC F1, F5
transaction SONX Common Stock Purchase $402,000 +33,500 +26% $12.00* 164,802 02 Nov 2021 Micro LLC F5
transaction SONX Common Stock Conversion of derivative security +691,628 691,628 02 Nov 2021 Held by Fjord Capital Partners I, L.P. F1, F6
transaction SONX Common Stock Conversion of derivative security +286,673 286,673 02 Nov 2021 Held by Fjordinvest (Cayman) II Ltd. F1, F7
transaction SONX Common Stock Conversion of derivative security +24,906 24,906 02 Nov 2021 Held by IRA F1, F8

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 A-1 Preferred Stock Conversion of derivative security -592,372 -100% 0 02 Nov 2021 Common Stock 592,372 Held by Fjordinvest LLC F1, F2
transaction SONX Series B Preferred Stock Conversion of derivative security -159,170 -100% 0 02 Nov 2021 Common Stock 159,170 Held by Fjordinvest LLC F1, F2
transaction SONX Series C Preferred Stock Conversion of derivative security -99,626 -100% 0 02 Nov 2021 Common Stock 99,626 Held by Fjordinvest LLC F1, F2
transaction SONX Series C-1 Preferred Stock Conversion of derivative security -239,584 -100% 0 02 Nov 2021 Common Stock 239,584 Held by Fjordinvest LLC F1, F2
transaction SONX Series D Preferred Stock Conversion of derivative security -393,473 -100% 0 02 Nov 2021 Common Stock 393,473 Held by Fjordinvest (Cayman) Ltd. F1, F3
transaction SONX Series B Preferred Stock Conversion of derivative security -52,766 -100% 0 02 Nov 2021 Common Stock 52,766 Held by Fjord Ventures LLC F1, F4
transaction SONX Series B Preferred Stock Conversion of derivative security -21,713 -100% 0 02 Nov 2021 Common Stock 21,713 Held by Micro LLC F1, F5
transaction SONX Series B Preferred Stock Conversion of derivative security -592,002 -100% 0 02 Nov 2021 Common Stock 592,002 Held by Fjord Capital Partners I, L.P. F1, F6
transaction SONX Series C Preferred Stock Conversion of derivative security -99,626 -100% 0 02 Nov 2021 Common Stock 99,626 Held by Fjord Capital Partners I, L.P. F1, F6
transaction SONX Series D Preferred Stock Conversion of derivative security -286,673 -100% 0 02 Nov 2021 Common Stock 286,673 Held by Fjordinvest (Cayman) II Ltd. F1, F7
transaction SONX Series E Preferred Stock Conversion of derivative security -24,906 -100% 0 02 Nov 2021 Common Stock 24,906 Held by IRA F1, F8
* 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 Mr. Bergheim is the president of Micro LLC, the managing member of Fjordinvest LLC, and is the manager of Fjordinvest LLC. Mr. Bergheim exercises voting and dispositive power over the shares held by Fjordinvest LLC. Mr. Bergheim disclaims beneficial ownership of these shares except to the extent of his pecuniary interest in such shares.
F3 Mr. Bergheim is the chief executive officer of Fjordinvest (Cayman) Ltd. and exercises voting and dispositive power over the shares held by Fjordinvest (Cayman) Ltd. Mr. Bergheim disclaims beneficial ownership of these shares except to the extent of his pecuniary interest in such shares.
F4 Mr. Bergheim is the president of Fjord Ventures LLC and exercises voting and dispositive power over the shares held by Fjord Ventures LLC. Mr. Bergheim disclaims beneficial ownership of these shares except to the extent of his pecuniary interest in such shares
F5 Mr. Bergheim is the president of Micro LLC, the managing member of Fjordinvest LLC, and is the manager of Fjordinvest LLC. Mr. Bergheim exercises voting and dispositive power over the shares held by Fjordinvest LLC. Mr. Bergheim disclaims beneficial ownership of these shares except to the extent of his pecuniary interest in such shares.
F6 Mr. Bergheim is the manager of Fjord Venture Partners I, LLC, the general partner of Fjord Capital Partners I, LP, and exercises voting and dispositive power over the shares held Fjord Capital Partners I, LP. Mr. Bergheim disclaims beneficial ownership of these shares except to the extent of his pecuniary interest in such shares.
F7 Mr. Bergheim is the chief executive officer of Fjordinvest (Cayman) II Ltd. and exercises voting and dispositive power over the shares held by Fjordinvest (Cayman) II Ltd. Mr. Bergheim disclaims beneficial ownership of these shares except to the extent of his pecuniary interest in such shares.
F8 Held by PENSCO Trust Company, Custodian, FBO Olav Bergheim.