Peter W. Sonsini - 24 May 2021 Form 4 Insider Report for Eargo, Inc.

Reporting relationship: 10%+ Owner
Issuer ticker: N/A
Reported as of: 24 May 2021
Net transaction value: $0
SEC form: 4
Accepted by SEC: 26 May 2021, 16:42:39 UTC
Next SEC filing: 10 Jun 2021
Source filing: View source filing
Reporting owner signature: /s/ Sasha Keough, attorney-in-fact

Key filing fact

Peter W. Sonsini filed Form 4 for Eargo, Inc. on 26 May 2021.

Key facts

This page summarizes Peter W. Sonsini's Form 4 filing for Eargo, Inc..
4 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 26 May 2021, 16:42.

Change

No earlier filing in this sequence is available for direct comparison.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

EAR transaction

Common Stock

Other

Transaction value: $0
Shares: -2,000,000
Change %: -31%
Price: $0.000000
Shares after: 4,520,019
Date: 24 May 2021
Ownership: See Note 2
Footnotes: F1, F2

EAR transaction

Common Stock

Other

Transaction value: $0
Shares: +30,000
Change %
Price: $0.000000
Shares after: 30,000
Date: 24 May 2021
Ownership: See Note 4
Footnotes: F3, F4

EAR transaction

Common Stock

Other

Transaction value: $0
Shares: -30,000
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 24 May 2021
Ownership: See Note 4
Footnotes: F4, F5

EAR transaction

Common Stock

Other

Transaction value: $0
Shares: +821
Change %
Price: $0.000000
Shares after: 821
Date: 24 May 2021
Ownership: See Note 7
Footnotes: F6, F7

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 7 footnotes

Footnote F1

New Enterprise Associates 15, L.P. ("NEA 15") made a pro rata distribution for no consideration of an aggregate of 2,000,000 shares of Common Stock of the Issuer to its general partner and its limited partners on May 24, 2021.

Footnote F2

The Reporting Person is a manager of NEA 15 GP, LLC ("NEA 15 GP"), which is the sole general partner of NEA Partners 15, L.P. ("NEA Partners 15"). NEA Partners 15 is the sole general partner of NEA 15, which is the direct beneficial owner of the shares. The Reporting Person disclaims beneficial ownership within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise of such portion of the NEA 15 shares in which the Reporting Person has no pecuniary interest.

Footnote F3

NEA Partners 15 received 30,000 shares of Common Stock of the Issuer in the distribution by NEA 15 on May 24, 2021.

Footnote F4

The Reporting Person is a manager of NEA 15 GP, which is the sole general partner of NEA Partners 15, the direct beneficial owner of the shares. The Reporting Person disclaims beneficial ownership within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise of such portion of the NEA Partners 15 shares in which the Reporting Person has no pecuniary interest.

Footnote F5

NEA Partners 15 made a pro rata distribution for no consideration of an aggregate of 30,000 shares of Common Stock of the Issuer to its limited partners on May 24, 2021.

Footnote F6

The Peter & Diane Sonsini Family Trust dated January 17, 2007 (the "Sonsini Trust") received 821 shares of Common Stock of the Issuer in the distribution by NEA Partners 15 on May 24, 2021.

Footnote F7

The Reporting Person is a trustee of the Sonsini Trust, which is the direct beneficial owner of the shares. The Reporting Person disclaims beneficial ownership within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise of such portion of the Sonsini Trust shares in which the Reporting Person has no pecuniary interest.