Olav Bergheim - Nov 2, 2021 Form 4 Insider Report for Sonendo, Inc. (SONX)

Role
Director, 10%+ Owner
Signature
By: /s/ Jacqueline Collins, Attorney-in-Fact for Olav Bergheim
Stock symbol
SONX
Transactions as of
Nov 2, 2021
Transactions value $
$402,000
Form type
4
Date filed
11/2/2021, 05:22 PM
Previous filing
Oct 28, 2021
Next filing
Jul 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SONX Common Stock Conversion of derivative security +1.09M 1.09M Nov 2, 2021 Held by Fjordinvest LLC F1, F2
transaction SONX Common Stock Conversion of derivative security +393K 393K Nov 2, 2021 Held by Fjordinvest (Cayman) Ltd. F1, F3
transaction SONX Common Stock Conversion of derivative security +52.8K +385.21% 66.5K Nov 2, 2021 Held by Fjord Ventures LLC F1, F4
transaction SONX Common Stock Conversion of derivative security +21.7K +19.81% 131K Nov 2, 2021 Held by Micro LLC F1, F5
transaction SONX Common Stock Purchase $402K +33.5K +25.51% $12.00* 165K Nov 2, 2021 Micro LLC F5
transaction SONX Common Stock Conversion of derivative security +692K 692K Nov 2, 2021 Held by Fjord Capital Partners I, L.P. F1, F6
transaction SONX Common Stock Conversion of derivative security +287K 287K Nov 2, 2021 Held by Fjordinvest (Cayman) II Ltd. F1, F7
transaction SONX Common Stock Conversion of derivative security +24.9K 24.9K Nov 2, 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 -592K -100% 0 Nov 2, 2021 Common Stock 592K Held by Fjordinvest LLC F1, F2
transaction SONX Series B Preferred Stock Conversion of derivative security -159K -100% 0 Nov 2, 2021 Common Stock 159K Held by Fjordinvest LLC F1, F2
transaction SONX Series C Preferred Stock Conversion of derivative security -99.6K -100% 0 Nov 2, 2021 Common Stock 99.6K Held by Fjordinvest LLC F1, F2
transaction SONX Series C-1 Preferred Stock Conversion of derivative security -240K -100% 0 Nov 2, 2021 Common Stock 240K Held by Fjordinvest LLC F1, F2
transaction SONX Series D Preferred Stock Conversion of derivative security -393K -100% 0 Nov 2, 2021 Common Stock 393K Held by Fjordinvest (Cayman) Ltd. F1, F3
transaction SONX Series B Preferred Stock Conversion of derivative security -52.8K -100% 0 Nov 2, 2021 Common Stock 52.8K Held by Fjord Ventures LLC F1, F4
transaction SONX Series B Preferred Stock Conversion of derivative security -21.7K -100% 0 Nov 2, 2021 Common Stock 21.7K Held by Micro LLC F1, F5
transaction SONX Series B Preferred Stock Conversion of derivative security -592K -100% 0 Nov 2, 2021 Common Stock 592K Held by Fjord Capital Partners I, L.P. F1, F6
transaction SONX Series C Preferred Stock Conversion of derivative security -99.6K -100% 0 Nov 2, 2021 Common Stock 99.6K Held by Fjord Capital Partners I, L.P. F1, F6
transaction SONX Series D Preferred Stock Conversion of derivative security -287K -100% 0 Nov 2, 2021 Common Stock 287K Held by Fjordinvest (Cayman) II Ltd. F1, F7
transaction SONX Series E Preferred Stock Conversion of derivative security -24.9K -100% 0 Nov 2, 2021 Common Stock 24.9K 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.