4//SEC Filing
Pelowski Ken 4
Accession 0000899243-18-023103
CIK 0001316016other
Filed
Aug 21, 8:00 PM ET
Accepted
Aug 22, 9:26 PM ET
Size
9.6 KB
Accession
0000899243-18-023103
Insider Transaction Report
Form 4
Pelowski Ken
Director10% Owner
Transactions
- Sale
Common Stock
2018-08-17$12.18/sh−6,608$80,476→ 176,326 total(indirect: See Footnotes) - Sale
Common Stock
2018-08-20$12.20/sh−13,103$159,828→ 163,223 total(indirect: See Footnotes)
Holdings
- 8,528
Common Stock
Footnotes (6)
- [F1]Shares 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.
- [F2]Represents 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.
- [F3]Mr. 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.
- [F4]On 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.
- [F5]Represents 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.
- [F6]Represents 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.
Documents
Issuer
AQUANTIA CORP
CIK 0001316016
Entity typeother
Related Parties
1- filerCIK 0001721262
Filing Metadata
- Form type
- 4
- Filed
- Aug 21, 8:00 PM ET
- Accepted
- Aug 22, 9:26 PM ET
- Size
- 9.6 KB