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4//SEC Filing

Pelowski Ken 4

Accession 0000899243-18-008991

CIK 0001316016other

Filed

Mar 29, 8:00 PM ET

Accepted

Mar 30, 6:00 PM ET

Size

11.8 KB

Accession

0000899243-18-008991

Insider Transaction Report

Form 4
Period: 2018-03-28
Pelowski Ken
Director10% Owner
Transactions
  • Sale

    Common Stock

    2018-03-28$16.60/sh16,865$279,9592,632,570 total(indirect: See Footnotes)
  • Conversion

    Common Stock Warrant (Right to Buy)

    2018-03-2842,01642,016 total(indirect: See Footnotes)
    Exercise: $6.66From: 2009-11-16Exp: 2019-11-16Common Stock (42,016 underlying)
  • Conversion

    Common Stock

    2018-03-28$6.66/sh+42,016$279,8272,649,435 total(indirect: See Footnotes)
Holdings
  • Common Stock

    3,347
Footnotes (5)
  • [F1]On March 28, 2018, Pinnacle Ventures I (Q) Equity Holdings, L.L.C., Pinnacle Ventures I Affiliates, L.P. and Pinnacle Ventures II Equity Holdings, L.L.C. (collectively, the "Exercising Entities") exercised warrants to purchase a total of 42,016 shares of the Issuer's common stock for $6.66 a share. The Exercising Entities paid the exercise price on a cashless basis, resulting in the Issuer's withholding of 16,865 of the warrant shares to pay the exercise price and issuing to the Exercising Entities the remaining 25,151 shares.
  • [F2]Represents securities held by Pinnacle Ventures I Affiliates, L.P., Pinnacle Ventures I-A (Q), L.P., Pinnacle Ventures I-B, L.P., Pinnacle Ventures Management I, L.L.C., Pinnacle Ventures II-A, L.P., Pinnacle Ventures II-B, L.P., Pinnacle Ventures II-C, L.P., Pinnacle Ventures II-R, L.P., Pinnacle Ventures Management II, L.L.C., Pinnacle Ventures Equity Fund I, L.P., Pinnacle Ventures Equity Fund I-O, L.P., Pinnacle Ventures Equity Fund I Affiliates, L.P., Pinnacle Ventures II Equity Holdings, L.L.C. and Pinnacle Ventures I (Q) Equity Holdings, L.L.C. (collectively, the "Pinnacle Entities"), which are managed by general partner limited liability companies. Ken Pelowski is either the sole or controlling managing member of each such limited liability company and, as such, is deemed to have sole voting and dispositive power with respect to the shares held by the Pinnacle Entities.
  • [F3](Continued from Footnote 2) Mr. Pelowski disclaims beneficial ownership of such shares except to the extent of any pecuniary interest therein.
  • [F4]These securities represent restricted stock units previously granted to the reporting person pursuant to the Issuer's non-employee director compensation policy.
  • [F5]Represents 13,588 shares directly owned by Pinnacle Ventures I (Q) Equity Holdings, L.L.C., 277 shares directly owned by Pinnacle Ventures I Affiliates, L.P. and 28,151 shares directly owned by Pinnacle Ventures II Equity Holdings, L.L.C.

Issuer

AQUANTIA CORP

CIK 0001316016

Entity typeother

Related Parties

1
  • filerCIK 0001721262

Filing Metadata

Form type
4
Filed
Mar 29, 8:00 PM ET
Accepted
Mar 30, 6:00 PM ET
Size
11.8 KB