Lazarus Edward P 4
4 · Sonos Inc · Filed Nov 13, 2025
Insider Transaction Report
Form 4
Sonos IncSONO
Lazarus Edward P
Chief Legal & Bus Dev Officer
Transactions
- Award
Performance Share Units
2025-11-11+46,911→ 46,911 total→ Common Stock (46,911 underlying) - Award
Performance Share Units
2025-11-11+53,592→ 53,592 total→ Common Stock (53,592 underlying)
Footnotes (3)
- [F1]Each performance share unit ("PSU") represents a contingent right to receive 1 share of the Issuer's Common Stock upon vesting and settlement for no consideration.
- [F2]Each PSU represents the right to receive, following vesting, between 0% and 200% of the target award based upon achievement of pre-established one year performance goals, as determined by the Compensation and People Committee (the "Committee"). These PSUs were granted on December 15, 2023. The number of shares reported represents the number of PSUs that were earned for fiscal 2025 as a result of the achievement of performance criteria, as determined by the Committee on November 11, 2025. PSUs awards have a three-year vesting term based on continued employment, and, to the extent earned, will vest upon Committee approval of performance attainment at the end of the three-year term.
- [F3]Each PSU represents the right to receive, following vesting, between 0% and 200% of the target award based upon achievement of pre-established one year performance goals, as determined by the Committee. These PSUs were granted on November 15, 2024. The number of shares reported represents the number of PSUs that were earned for fiscal 2025 as a result of the achievement of performance criteria, as determined by the Committee on November 11, 2025. PSUs awards have a three-year vesting term based on continued employment, and, to the extent earned, will vest upon Committee approval of performance attainment at the end of the three-year term.