- Accession Number:
- Form Type:
- Zero Holdings:
- Publication Time:
- 2018-09-14 16:23:19
- Reporting Period:
- Accepted Time:
- 2018-09-14 16:23:19
- Original Submission Date:
- SEC Url:
- Form 4 Filing
|Cik||Name||Symbol||Sector (SIC)||IRS No|
|1316016||Aquantia Corp||AQ||Semiconductors & Related Devices (3674)||000000000|
|Cik||Name||Reported Address||Insider Title||Director||Officer||Large Shareholder||Other|
|1721262||Ken Pelowski||1600 El Camino Real, Suite 250 |
Menlo Park CA 94025
Reported Non-Derivative Transactions
|Sec. Name||Acquisiton - Disposition||Date||Amount||Price||Remaning Holdings||Equity Swap Involved||Form Type||Code||Nature of Ownership||Explanation|
|Common Stock||Disposition||2018-08-17||6,608||$12.18||177,749||No||4||S||Indirect||See Footnotes|
|Common Stock||Disposition||2018-08-20||13,103||$12.20||164,646||No||4||S||Indirect||See Footnotes|
|Equity Swap Involved||Form Type||Code||Nature of Ownership||Explanation|
Reported Non-Derivative Holdings
|Sec. Name||Remaning Holdings||Nature of Ownership||Explanation|
- 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.
- Represents 13,103 shares held by PVIIEH, 154,425 shares held by the Pelowski/Mirek Living Trust (the "Trust") and 10,221 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.
- 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.
- 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 and 1,423 shares from PVEMI, for a total of 10,221 shares. 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.
- Represents 154,425 shares held by the Trust and 10,221 shares held by PV. Mr. Pelowski disclaims beneficial ownership of all such shares except to the extent of any pecuniary interest therein.
- 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.