Olav Bergheim - 16 Jun 2023 Form 4 Insider Report for Sonendo, Inc. (SONX)

Role
Director, 10%+ Owner
Signature
/s/ Olav Bergheim
Issuer symbol
SONX
Transactions as of
16 Jun 2023
Net transactions value
$0
Form type
4
Filing time
20 Jun 2023, 21:02:59 UTC
Previous filing
31 Jul 2023
Next filing
17 Nov 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SONX Common Stock Award $0 +25,316 +20% $0.000000 150,408 16 Jun 2023 Direct F1
holding SONX Common Stock 1,090,752 16 Jun 2023 Held by Fjordinvest LLC F2
holding SONX Common Stock 393,474 16 Jun 2023 Held by Fjordinvest (Cayman) Ltd. F3
holding SONX Common Stock 66,464 16 Jun 2023 Held by Fjord Ventures LLC F4
holding SONX Common Stock 131,302 16 Jun 2023 Held by Micro LLC F2
holding SONX Common Stock 691,628 16 Jun 2023 Held by Fjord Capital Partners I, L.P. F5
holding SONX Common Stock 286,673 16 Jun 2023 Held by Fjordinvest (Cayman) II Ltd. F6
holding SONX Common Stock 24,906 16 Jun 2023 Held by IRA F7

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 (Right to Buy) Award $0 +32,520 $0.000000 32,520 16 Jun 2023 Common Stock 32,520 $1.08 Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an award of Restricted Stock Units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's common stock. The RSUs vest in full on the earlier to occur of: (i) the one year anniversary of the Grant Date (ii) and the date of the 2024 annual meeting of stockholders, subject to the Reporting Person's continued service on the Board through the applicable vesting date.
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 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.
F6 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.
F7 Held by PENSCO Trust Company, Custodian, FBO Olav Bergheim.
F8 The Options vest in full on the earlier to occur of: (i) the one year anniversary of the Grant Date and (ii) the date of the 2024 annual meeting of stockholders, subject to the Reporting Person's continued service on the Board through the applicable vesting date.