SEC Form 4 · accession 0001140361-18-035598
Sonos Inc · SONO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michelangelo Volpi
Director
Period of report
Aug 6, 2018
Accepted (ET)
Aug 6, 2018 · 4:35 pm EDT
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,F3,F4 | Aug 6, 2018 | C | 11,369,964 | — | A | 12,084,250 | I | See footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series C Preferred StockF1,F4,F2 | — | Aug 6, 2018 | C | 11,369,964 | D | — | — | Common Stock | 11,369,964 | 0 | I |
Explanation of responses
- F1Of the shares reported, (a) 10,931,734 shares are held directly by Index Ventures Growth I (Jersey), L.P. ("Index I"), (b) 381,380 shares are held directly by Index Ventures Growth I Parallel Entrepreneur Fund (Jersey), L.P. ("Index I Parallel"), and (c) 56,850 shares are held directly by Yucca (Jersey) SLP ("Yucca").
- F2In connection with the consummation of the Issuer's initial public offering on August 6, 2018, each share of Preferred Stock automatically converted into one (1) share of the Issuer's Common Stock for no additional consideration, and had no expiration date. All shares of Common Stock issued upon conversion were aggregated.
- F3Of the shares reported, (a) 10,931,734 shares are held directly by Index I, (b) 1,092,096 shares are held directly by Index I Parallel, and (c) 60,420 shares are held directly by Yucca.
- F4The Reporting Person is a partner with the Index Ventures group. Advisors within the Index Ventures group provide advice to Index I, Index I Parallel, and Yucca (collectively, the "Index Funds"). The Reporting Person 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. The Reporting Person 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.