SEC Form 4 · accession 0000899243-19-006764
Sonos Inc · SONO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
(Jersey) SLP Yucca
10% Owner
Period of report
Mar 6, 2019
Accepted (ET)
Mar 7, 2019 · 7:01 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,F5 | Mar 6, 2019 | J | 1,982,750 | — | D | 7,313,231 | D | |
| Common StockF2,F3,F5 | Mar 7, 2019 | S | 198,080 | $9.8298 | D | 730,602 | I | See footnotes |
| Common StockF2,F4,F5 | Mar 7, 2019 | S | 10,959 | $9.8298 | D | 40,420 | I | See footnotes |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On March 6, 2019 Index Ventures Growth I (Jersey) L.P. ("Index I") distributed, for no consideration, an aggregate of 1,982,750 shares of common stock of the issuer to its limited partners and to Index Venture Growth Associates I Limited ("IVGA I"), the general partner of Index I, representing each such partner's pro rata interest in the shares held by Index I. The aforementioned distributions were made in accordance with the exemptions afforded by Rule 16a-13 and Rule 16a-9 of the Securities Exchange Act of 1934, as amended.
- F2The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.66 to $10.085. 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.
- F3The shares are held directly by Index Ventures Growth I Parallel Entrepreneur Fund (Jersey), L.P. ("Index I Parallel").
- F4The 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.
- F5IVGA I is the general partner of Index I, and Index I Parallel (together with Index I and Yucca, the "Index Funds"). IVGA I disclaims Section 16 beneficial ownership of the securities held by the Index Funds, except to the extent of its respective pecuniary interest therein, if any, and this report shall not be deemed an admission that IVGA I is the beneficial owner of such securities for Section 16 or any other purpose.