4//SEC Filing
Millington Nicholas 4
Accession 0001127602-24-027653
CIK 0001314727other
Filed
Nov 18, 7:00 PM ET
Accepted
Nov 19, 6:00 PM ET
Size
16.5 KB
Accession
0001127602-24-027653
Insider Transaction Report
Form 4
Sonos IncSONO
Millington Nicholas
Chief Innovation Officer
Transactions
- Exercise/Conversion
Common Stock
2024-11-15+58,719→ 438,446 total - Exercise/Conversion
Restricted Stock Units
2024-11-15−9,788→ 154,406 total→ Common Stock (9,788 underlying) - Award
Restricted Stock Units
2024-11-15+56,688→ 164,992 total→ Common Stock (56,688 underlying) - Tax Payment
Common Stock
2024-11-15$13.75/sh−28,442$391,078→ 410,004 total - Exercise/Conversion
Restricted Stock Units
2024-11-15−2,829→ 164,194 total→ Common Stock (2,829 underlying) - Exercise/Conversion
Restricted Stock Units
2024-11-15−46,102→ 108,304 total→ Common Stock (46,102 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]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.
- [F6]One half of the shares subject to the RSUs vest on each annual anniversary date following the vesting commencement date of November 15, 2023, 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]1/12 of the shares subject to the RSUs vest in equal installments on each quarterly anniversary date following the vesting commencement date of November 15, 2024, 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
- Nov 18, 7:00 PM ET
- Accepted
- Nov 19, 6:00 PM ET
- Size
- 16.5 KB