4//SEC Filing
Mason Christopher Scott 4
Accession 0001127602-24-027637
CIK 0001314727other
Filed
Nov 18, 7:00 PM ET
Accepted
Nov 19, 5:01 PM ET
Size
18.6 KB
Accession
0001127602-24-027637
Insider Transaction Report
Form 4
Sonos IncSONO
Mason Christopher Scott
Principal Accounting Officer
Transactions
- Exercise/Conversion
Common Stock
2024-11-15+5,516→ 184,733 total - Tax Payment
Common Stock
2024-11-15$13.75/sh−2,173$29,879→ 182,560 total - Exercise/Conversion
Restricted Stock Units
2024-11-15−3,635→ 46,960 total→ Common Stock (3,635 underlying) - Award
Restricted Stock Units
2024-11-15+58,174→ 105,134 total→ Common Stock (58,174 underlying) - Exercise/Conversion
Restricted Stock Units
2024-11-15−169→ 52,307 total→ Common Stock (169 underlying) - Exercise/Conversion
Restricted Stock Units
2024-11-15−1,712→ 50,595 total→ Common Stock (1,712 underlying) - Award
Restricted Stock Units
2024-11-15+20,777→ 125,911 total→ Common Stock (20,777 underlying)
Footnotes (7)
- [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]These RSUs will vest on the following schedule: 6.25% of the shares subject to the RSU will vest quarterly in year 1 following the vesting commencement date of November 15, 2021; 12.5% of the shares subject to the RSU will vest quarterly in year 2; and 6.25% of the shares subject to the RSU will vest quarterly in year 3, in each case subject to the continuing employment of the Reporting Person on each vesting date. The RSUs are subject to double-trigger acceleration.
- [F5]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
- [F6]1/16 of the shares subject to the RSUs vest in equal installments beginning November 15, 2024 and on each quarterly anniversary date thereafter, 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
- [F7]100% of the shares subject to the RSUs will vest on November 15, 2025, subject to the continuing employment of the Reporting Person on the vesting date. The RSUs are subject to double-trigger acceleration.
Documents
Issuer
Sonos Inc
CIK 0001314727
Entity typeother
Related Parties
1- filerCIK 0001747554
Filing Metadata
- Form type
- 4
- Filed
- Nov 18, 7:00 PM ET
- Accepted
- Nov 19, 5:01 PM ET
- Size
- 18.6 KB