Paul S. Madera - Oct 28, 2021 Form 3 Insider Report for Sonendo, Inc. (SONX)

Role
Director
Signature
/s/ Jacqueline Collins, Attorney-in-Fact for Paul S. Madera
Stock symbol
SONX
Transactions as of
Oct 28, 2021
Transactions value $
$0
Form type
3
Date filed
10/28/2021, 08:34 PM
Previous filing
Sep 22, 2021
Next filing
Nov 2, 2021

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding SONX Series D Preferred Stock Oct 28, 2021 Common Stock 1.16M Held by Meritech Capital Partners IV L.P. F1, F2
holding SONX Series E Preferred Stock Oct 28, 2021 Common Stock 276K Held by Meritech Capital Partners IV L.P. F1, F2
holding SONX Series D Preferred Stock Oct 28, 2021 Common Stock 28.6K Held by Meritech Capital Affiliates IV L.P. F1, F3
holding SONX Series E Preferred Stock Oct 28, 2021 Common Stock 6.82K Held by Meritech Capital Affiliates IV L.P. F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of the Issuer's preferred stock is convertible on a one-to-one basis into shares of the Issuer's common stock and has no expiration date. The preferred stock will automatically convert into common stock upon the closing of the Issuer's initial public offering.
F2 Meritech Capital Associates IV L.L.C. ("GP IV"), the general partner of Meritech Capital Partners IV L.P. ("MCP IV"), has sole voting and dispositive power with respect to the shares held by MCP IV. Mr. Madera is a managing member of GP IV and shares voting and dispositive power with respect to the shares held by MCP IV. Mr. Madera disclaims the existence of a "group" and disclaims beneficial ownership of the securities reported herein, except to the extent of his pecuniary interest in such shares. The filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, Mr. Madera is the beneficial owner of any securities reported herein.
F3 GP IV, the general partner of Meritech Capital Affiliates IV L.P. ("MCA IV"), has sole voting and dispositive power with respect to the shares held by MCA IV. Mr. Madera is a managing member of GP IV and shares voting and dispositive power with respect to the shares held by MCA IV. Mr. Madera disclaims the existence of a "group" and disclaims beneficial ownership of the securities reported herein, except to the extent of his pecuniary interest in such shares. The filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, Mr. Madera is the beneficial owner of any securities reported herein.

Remarks:

Exhibit 24 - Power of Attorney.