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Filing Details

Accession Number:: 0000899243-20-003832
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2020-02-10 16:56:10
Reporting Period:: 2020-02-07

Accepted Time:: 2020-02-10 16:56:10
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1314727	Sonos Inc	SONO	Household Audio & Video Equipment (3651)	030479476

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1626464	Michelangelo Volpi	C/O Sonos, Inc. 614 Chapala Street Santa Barbara CA 93101		Yes	No	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2020-02-07	3,886,332	$0.00	3,426,899	No	4	J	Indirect	See Footnotes
Common Stock	Disposition	2020-02-07	7,744	$15.12	722,858	No	4	S	Indirect	See Footnotes

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	J	Indirect	See Footnotes
No	4	S	Indirect	See Footnotes

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	5,205,489	Indirect	See Footnotes

Footnotes

On February 7, 2020 Index Ventures Growth I (Jersey) L.P. ("Index I") distributed, for no consideration, an aggregate of 3,886,332 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.
The shares are held directly by Index I.
The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.00 - $15.47. The reporting person undertakes 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.
The shares are held directly by Index Ventures Growth I Parallel Entrepreneur Fund (Jersey), L.P. ("Index I Parallel").
Michelangelo 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 ("Yucca" and, together with Index I and Index I Parallel, the "Index Funds"). IVGA I is the general partner of Index I and Index I Parallel. Yucca is a co-investment vehicle that is contractually required to mirror the investment of Index I and Index I Parallel. 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.
3,426,899 shares are held directly by Index I, 1,015,312 are held directly by IVGA I, 722,858 shares are held directly by Index I Parallel and 40,420 shares are held directly by Yucca.