4//SEC Filing
Perri David 4
Accession 0001562180-20-001395
CIK 0001314727other
Filed
Feb 18, 7:00 PM ET
Accepted
Feb 19, 8:02 PM ET
Size
18.9 KB
Accession
0001562180-20-001395
Insider Transaction Report
Form 4
Sonos IncSONO
Perri David
Chief Operations Officer
Transactions
- Sale
Common Stock
2020-02-18$13.21/sh−9,153$120,934→ 0 total - Exercise/Conversion
Common Stock
2020-02-15+7,740→ 7,740 total - Exercise/Conversion
Common Stock
2020-02-15+5,666→ 13,406 total - Tax Payment
Common Stock
2020-02-15$13.42/sh−4,253$57,075→ 9,153 total - Exercise/Conversion
Restricted Stock Units
2020-02-15−7,740→ 92,886 total→ Common Stock (7,740 underlying) - Exercise/Conversion
Restricted Stock Units
2020-02-15−5,666→ 73,654 total→ Common Stock (5,666 underlying)
Footnotes (8)
- [F1]Vesting of restricted stock units ("RSUs") granted to the Reporting Person on February 15, 2019.
- [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]Vesting of RSUs granted to the Reporting Person on May 15, 2019.
- [F4]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.
- [F5]The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
- [F6]Represents the weighted average sales price per share. The shares sold at prices ranging from $13.05 to $13.30 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
- [F7]1/16 of the shares subject to the RSUs vest in equal installments on each quarterly anniversary date following the vesting commencement date of February 15, 2019, 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.
- [F8]1/16 of the shares subject to the RSUs vest in equal installments on each quarterly anniversary date following the vesting commencement date of May 15, 2019, 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 0001795696
Filing Metadata
- Form type
- 4
- Filed
- Feb 18, 7:00 PM ET
- Accepted
- Feb 19, 8:02 PM ET
- Size
- 18.9 KB