Graves Robert L 4
4 · Sovos Brands, Inc. · Filed Mar 21, 2023
Insider Transaction Report
Form 4
Graves Robert L
Director
Transactions
- Sale
Common Stock
2023-03-17$15.00/sh−10,669$160,035→ 3,692,867 total(indirect: By LLC)
Holdings
- 10,000(indirect: By Trust)
Common Stock
Footnotes (2)
- [F1]This transaction was effected pursuant to a written plan that was adopted by the Reporting Person prior to the SEC's adoption of amendments to Rule 10b5-1 of the Exchange Act in December 2022 and was intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) as in effect at the time of adoption. The plan was structured to include several sale periods and was established as part of the Reporting Person's long-term strategy for asset diversification and financial, retirement, estate and tax planning activities over a period of time.
- [F2]Represents actual sale price.