LESTER HOWARD 4
4 · WILLIAMS SONOMA INC · Filed Mar 29, 2010
Insider Transaction Report
Form 4
LESTER HOWARD
DirectorCHAIRMAN & CEO
Transactions
- Sale
Common Stock
2010-03-25$27.71/sh−75,000$2,078,603→ 2,019,895 total(indirect: By Trust) - Sale
Common Stock
2010-03-29$26.79/sh−100,000$2,679,280→ 2,019,895 total(indirect: By Trust) - Other
Common Stock
2010-03-26$27.10/sh+142$3,848→ 504 total(indirect: by Managed Account) - Exercise/Conversion
Common Stock
2010-03-29$15.00/sh+100,000$1,500,000→ 2,119,895 total(indirect: By Trust) - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2010-03-29$26.79/sh−100,000$2,679,280→ 0 totalExercise: $15.00Exp: 2010-04-25→ Common Stock (100,000 underlying)
Footnotes (6)
- [F1]The reporting person owns $13,671.34 in the Williams-Sonoma, Inc. stock fund under the Williams-Sonoma, Inc. 401(k) Plan, based on a statement dated March 26, 2010. The number of shares indirectly owned was calculated by dividing the amount owned in the Williams-Sonoma, Inc. stock fund by $27.10, the closing price of Williams-Sonoma, Inc. common stock on March 25, 2010.
- [F2]Reflects the weighted average price as the shares were sold in multiple transactions. The per share transaction price ranged from $27.60 to $27.8925. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- [F3]Includes 2,582 shares acquired by the Reporting Person pursuant to distributions from his 401(k) account in December 2008 and December 2009 and are now held directly by the Lester Family Trust.
- [F4]Shares held directly by the Lester Family Trust for which the Reporting Person serves as trustee.
- [F5]Reflects the weighted average price as the shares were sold in multiple transactions. The per share transaction price ranged from $26.75 to $27.00. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- [F6]The option vested in equal installments on April 25, 2001, 2002, 2003, 2004, and 2005.