4//SEC Filing
Fraser Anna 4
Accession 0001562180-21-007126
CIK 0001314727other
Filed
Nov 16, 7:00 PM ET
Accepted
Nov 17, 5:55 PM ET
Size
12.0 KB
Accession
0001562180-21-007126
Insider Transaction Report
Form 4
Sonos IncSONO
Fraser Anna
Chief People Officer
Transactions
- Exercise/Conversion
Common Stock
2021-11-15+19,418→ 67,250 total - Award
Restricted Stock Units
2021-11-15+17,611→ 229,088 totalExercise: $0.00→ Common Stock (17,611 underlying) - Exercise/Conversion
Restricted Stock Units
2021-11-15−19,418→ 209,670 totalExercise: $0.00→ Common Stock (19,418 underlying) - Tax Payment
Common Stock
2021-11-15$34.52/sh−10,225$352,967→ 57,025 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 based on the following schedule: 6.25% of the shares subject to the RSU will vest quarterly in year 1; 12.5% of the shares subject to the RSU will vest quarterly in year 2; and 6.25% of the shares subject to the RSU will vest quarterly in year 3, in each case subject to the continuing employment of the Reporting Person on each vesting date. The RSUs are subject to double-trigger acceleration.
- [F5]1/16 of the shares subject to the RSUs will vest in equal installments on each quarterly anniversary date following the applicable vesting commencement date of 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 0001765328
Filing Metadata
- Form type
- 4
- Filed
- Nov 16, 7:00 PM ET
- Accepted
- Nov 17, 5:55 PM ET
- Size
- 12.0 KB