4//SEC Filing
Hermida Yuri 4
Accession 0001415889-23-015904
CIK 0001856608other
Filed
Dec 4, 7:00 PM ET
Accepted
Dec 5, 6:42 PM ET
Size
5.4 KB
Accession
0001415889-23-015904
Insider Transaction Report
Form 4
Hermida Yuri
Chief Growth Officer
Transactions
- Sale
Common Stock
2023-10-26$21.65/sh−40,837$884,121→ 308,506 total
Footnotes (2)
- [F1]Represents the number of shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.
- [F2]Includes 269,921 restricted stock units subject to time-based vesting (a portion of which will vest on September 23, 2024 or September 23, 2025, if original performance criteria is not earlier achieved), subject to the Reporting Person's continued service with the Issuer and the terms of the applicable award agreement.
Documents
Issuer
Sovos Brands, Inc.
CIK 0001856608
Entity typeother
Related Parties
1- filerCIK 0001952453
Filing Metadata
- Form type
- 4
- Filed
- Dec 4, 7:00 PM ET
- Accepted
- Dec 5, 6:42 PM ET
- Size
- 5.4 KB