Mason Christopher Scott 4
4 · Sonos Inc · Filed Sep 4, 2024
Insider Transaction Report
Form 4
Sonos IncSONO
Mason Christopher Scott
Principal Accounting Officer
Transactions
- Exercise/Conversion
Common Stock
2024-08-30+82,424→ 205,855 total - Tax Payment
Common Stock
2024-08-30$12.18/sh−26,638$324,451→ 179,217 total - Exercise/Conversion
Restricted Stock Units
2024-08-30−82,424→ 52,476 total→ Common Stock (82,424 underlying)
Footnotes (4)
- [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]One half of the shares subject to the RSUs will vest on each of the one year and two year anniversaries of the grant date of September 1, 2022, 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.