| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SND | Common Stock, par value $0.001 per share | Sale | -$8.88M | -5.18M | -100% | $1.72 | 0 | Mar 14, 2023 | See footnotes | F1, F2, F3 |
| holding | SND | Common Stock, par value $0.001 per share | 16.4K | Mar 14, 2023 | See footnote | F4 |
| Id | Content |
|---|---|
| F1 | The shares sold were held of record by Clearlake Capital Partners II (Master), L.P. ("CCPII"), which is managed by Clearlake Capital Management II, L.P., a Delaware limited partnership ("CCMII"). CCMII's general partner is Clearlake Capital Group, L.P., whose general partner is Clearlake Capital Group GP, LLC ("CCG GP"), a Delaware limited liability company. CCG GP's managing member is CCG Operations, L.L.C., a Delaware limited liability company ("CCG Ops"). |
| F2 | CCPII's general partner is Clearlake Capital Partners II GP, L.P., a Delaware limited partnership ("CCPII GP"). CCPII GP's general partner is Clearlake Capital Partners, LLC, a Delaware limited liability company ("CCP"). CCP's managing member is CCG Ops. Jose E. Feliciano and Behdad Eghbali are managers of CCG Ops and may be deemed to share voting and investment power of the shares held of record by CCPII. |
| F3 | Each the Reporting Persons disclaims beneficial ownership of the shares held of record by CCPII except to the extent of its pecuniary interest therein. |
| F4 | Represents shares of restricted stock granted to Mr. Feliciano pursuant to the Issuer's 2016 Omnibus Incentive Plan, which vest on the first anniversary of June 16, 2022, the date of grant.. The shares are held of record by Mr. Feliciano for the benefit of CCPII. Mr. Feliciano expressly disclaims beneficial ownership of the reported shares except to the extent of his pecuniary interest therein. |
This Statement is an exit filing with respect to each of the Reporting Persons other than Mr. Feliciano.