SEC Form 4 · accession 0000899243-19-004381
Sonos Inc · SONO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michelangelo Volpi
Director
Period of report
Feb 19, 2019
Accepted (ET)
Feb 21, 2019 · 4:20 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001314727
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F4 | Feb 19, 2019 | S | 79,623 | $11.5355 | D | 10,852,111 | I | See Footnote |
| Common StockF1,F3,F4 | Feb 19, 2019 | S | 7,954 | $11.5355 | D | 1,084,142 | I | See footnotes |
| Common StockF1,F4,F5 | Feb 19, 2019 | S | 440 | $11.5355 | D | 59,980 | I | See footnotes |
| Common StockF6,F2,F4 | Feb 20, 2019 | S | 342,656 | $11.3439 | D | 10,509,455 | I | See footnotes |
| Common StockF6,F3,F4 | Feb 20, 2019 | S | 34,232 | $11.3439 | D | 1,049,910 | I | See footnotes |
| Common StockF6,F4,F5 | Feb 20, 2019 | S | 1,894 | $11.3439 | D | 58,086 | I | See footnotes |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.50 to $11.64. The reporting persons undertake to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F2The shares are held directly by Index Ventures Growth I (Jersey), L.P. ("Index I").
- F3The shares are held directly by Index Ventures Growth I Parallel Entrepreneur Fund (Jersey), L.P. ("Index I Parallel").
- F4Michelangelo Volpi, a member of the Issuer's Board of Directors, is a partner with the Index Ventures group. Advisors within the Index Ventures group provide advice to Index I, Index I Parallel and Yucca (Jersey) SLP (collectively, the "Index Funds"). Mr. Volpi is involved in making recommendations to the Index Funds, but does not hold voting or dispositive power over the shares held by the Index Funds. Mr. Volpi disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for Section 16 or any other purpose.
- F5The shares are held directly by Yucca (Jersey) SLP ("Yucca"). Yucca is a co-investment vehicle that is contractually required to mirror the investment of Index I and Index I Parallel.
- F6The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.30 to $11.565. The reporting persons undertake to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.