SEC Form 4 · accession 0000899243-18-023103
AQUANTIA CORP · AQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Ken Pelowski
Director
Period of report
Aug 17, 2018
Accepted (ET)
Aug 22, 2018 · 9:26 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001316016
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2,F1,F3,F4 | Aug 17, 2018 | S | 6,608 | $12.1785 | D | 176,326 | I | See Footnotes |
| Common StockF5,F1,F3 | Aug 20, 2018 | S | 13,103 | $12.1978 | D | 163,223 | I | See Footnotes |
| Common StockF6 | holding | — | — | — | 8,528 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares were sold by Pinnacle Ventures II Equity Holdings, L.L.C. ("PVIIEH"). The general partner of PVIIEH is Pinnacle Ventures Management II, L.L.C. ("PVMII"). Mr. Pelowski is a controlling managing member of PVMII and, as such, is deemed to have sole voting and dispositive power with respect to the shares held by PVIIEH. Mr. Pelowski disclaims beneficial ownership of all such shares except to the extent of any pecuniary interest therein.
- F2Represents 13,103 shares held by PVIIEH, 154,425 shares held by the Pelowski/Mirek Living Trust (the "Trust") and 8,798 shares held by Pinnacle Ventures, L.L.C. ("PV"). Mr. Pelowski disclaims beneficial ownership of all such shares except to the extent of any pecuniary interest therein.
- F3Mr. Pelowski is a co-trustee of the Trust and may be deemed to share voting and dispositive power over the shares held by the Trust. Mr. Pelowski is a controlling managing member of PV and, as such, is deemed to have sole voting and dispositive power with respect to the shares held by PV.
- F4On August 1, 2018, Pinnacle Ventures Management I, L.L.C. ("PVMI"), PVMII and Pinnacle Ventures Equity Management I, L.L.C. ("PVEMI") distributed 60,703 shares, 142,624 shares, and 14,225 shares, respectively, to their respective members for no consideration. In this distribution, the Trust received 15,399 shares, 58,498 shares and 8,475 shares from PVMI, PVMII and PVEMI, respectively, for a total of 82,372 shares. Also, in this distribution, PV received 8,798 shares from PVMII. All of the aforementioned distributions-in-kind were made in accordance with the exemptions afforded by Rules 16a-13 and 16a-9 of the Securities Exchange Act of 1934, as amended. PVMI, PVMII and PVEMI did not hold any shares after these distributions were made.
- F5Represents 154,425 shares held by the Trust and 8,798 shares held by PV. Mr. Pelowski disclaims beneficial ownership of all such shares except to the extent of any pecuniary interest therein.
- F6Represents 3,347 shares of common stock and 5,181 restricted stock units that will vest on June 29, 2019, the first anniversary from grant date, subject to Mr. Pelowski's continued service on the board of directors on the vest date.