4//SEC Filing
Casey Saori 4
Accession 0001127602-25-014928
CIK 0001314727other
Filed
May 18, 8:00 PM ET
Accepted
May 19, 4:35 PM ET
Size
11.7 KB
Accession
0001127602-25-014928
Insider Transaction Report
Form 4
Sonos IncSONO
Casey Saori
Chief Financial Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2025-05-15−24,874→ 290,088 total→ Common Stock (24,874 underlying) - Exercise/Conversion
Restricted Stock Units
2025-05-15−10,542→ 279,546 total→ Common Stock (10,542 underlying) - Exercise/Conversion
Common Stock
2025-05-15+35,416→ 101,833 total - Tax Payment
Common Stock
2025-05-15$10.92/sh−17,560$191,755→ 84,273 total
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]These RSUs will vest on the following schedule: 33.33% of the shares subject to the RSU will vest on the first anniversary of the grant date of February 15, 2024 and thereafter will vest in equal quarterly installments over the next two years, until such time as the RSUs are 100% vested, subject to the continued 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 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 0002007626
Filing Metadata
- Form type
- 4
- Filed
- May 18, 8:00 PM ET
- Accepted
- May 19, 4:35 PM ET
- Size
- 11.7 KB