Roy T. Chen - 02 Dec 2022 Form 4 Insider Report for Sonendo, Inc. (SONX)

Role
Chief Talent Officer
Signature
/s/ Roy T. Chen
Issuer symbol
SONX
Transactions as of
02 Dec 2022
Net transactions value
$0
Form type
4
Filing time
05 Dec 2022, 17:46:42 UTC
Previous filing
30 Nov 2022
Next filing
28 Dec 2022
SEC
View on sec.gov

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 Stock Option Disposed to Issuer $0 -35,944 -100% $0.000000* 0 02 Dec 2022 Common Stock 35,944 $12.00 Direct F1, F2
transaction SONX Stock Option Award $0 +35,944 $0.000000 35,944 02 Dec 2022 Common Stock 35,944 $2.34 Direct F1, F2
transaction SONX Stock Option Disposed to Issuer $0 -38,356 -100% $0.000000* 0 02 Dec 2022 Common Stock 38,356 $7.01 Direct F1, F3
transaction SONX Stock Option Award $0 +38,356 $0.000000 38,356 02 Dec 2022 Common Stock 38,356 $2.34 Direct F1, F3
transaction SONX Stock Option Disposed to Issuer $0 -55,578 -100% $0.000000* 0 02 Dec 2022 Common Stock 55,578 $4.02 Direct F1, F4
transaction SONX Stock Option Award $0 +55,578 $0.000000 55,578 02 Dec 2022 Common Stock 55,578 $2.34 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transactions reported herein involved the repricing of the reporting person's outstanding options, resulting in the cancellation of the "old" options and the grant of replacement options. There were no changes to the number of shares, the vesting schedule or the expiration date of the repriced stock options.
F2 The option was originally granted on October 28, 2021 and vests in 16 equal quarterly installments beginning on October 28, 2021, subject to the reporting person's continued provision of service to the issuer on each vesting date.
F3 The option was originally granted on March 17, 2020 and vests in 48 equal monthly installments beginning on March 17, 2020, subject to the reporting person's continued provision of service to the issuer on each vesting date.
F4 The option was originally granted on March 13, 2018 and vested as to 25% of the underlying shares of Common Stock on December 31, 2018 and with respect to the remaining shares in 36 equal monthly installments thereafter, subject to the reporting person's continued provision of service to the issuer on each vesting date.