4//SEC Filing
Millington Nicholas 4
Accession 0001127602-24-022521
CIK 0001314727other
Filed
Aug 18, 8:00 PM ET
Accepted
Aug 19, 5:39 PM ET
Size
11.6 KB
Accession
0001127602-24-022521
Insider Transaction Report
Form 4
Sonos IncSONO
Millington Nicholas
Chief Innovation Officer
Transactions
- Exercise/Conversion
Common Stock
2024-08-15+12,616→ 384,230 total - Tax Payment
Common Stock
2024-08-15$11.21/sh−4,503$50,479→ 379,727 total - Exercise/Conversion
Restricted Stock Units
2024-08-15−2,829→ 176,810 total→ Common Stock (2,829 underlying) - Exercise/Conversion
Restricted Stock Units
2024-08-15−9,787→ 167,023 total→ Common Stock (9,787 underlying)
Footnotes (5)
- [F1]Vesting of restricted stock units ("RSUs") previously granted to the Reporting Person.
- [F2]Each RSU represents a contingent right to receive 1 share of the Issuer's Common Stock upon vesting and settlement for no consideration.
- [F3]Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were withheld by the Issuer in accordance with the agreement governing the RSUs to satisfy federal and state tax withholding obligations of the Reporting Person resulting from the vesting and settlement of RSUs.
- [F4]1/16 of the shares subject to the RSUs vest in equal installments on each quarterly anniversary date following the applicable vesting commencement date, until such time as the RSUs are 100% vested, subject to the continuing employment of the Reporting Person on each vesting date. The RSUs are subject to double-trigger acceleration.
- [F5]1/12 of the shares subject to the RSUs vest in equal installments on each quarterly anniversary date following the applicable vesting commencement date, until such time as the RSUs are 100% vested, subject to the continuing employment of the Reporting Person on each vesting date. The RSUs are subject to double-trigger acceleration.
Documents
Issuer
Sonos Inc
CIK 0001314727
Entity typeother
Related Parties
1- filerCIK 0001743324
Filing Metadata
- Form type
- 4
- Filed
- Aug 18, 8:00 PM ET
- Accepted
- Aug 19, 5:39 PM ET
- Size
- 11.6 KB