4//SEC Filing
Fraser Anna 4
Accession 0001562180-22-004142
CIK 0001314727other
Filed
May 16, 8:00 PM ET
Accepted
May 17, 5:50 PM ET
Size
14.4 KB
Accession
0001562180-22-004142
Insider Transaction Report
Form 4
Sonos IncSONO
Fraser Anna
Chief People Officer
Transactions
- Exercise/Conversion
Common Stock
2022-05-15+73,149→ 139,665 total - Tax Payment
Common Stock
2022-05-15$22.64/sh−38,516$872,002→ 101,149 total - Exercise/Conversion
Restricted Stock Units
2022-05-15−19,417→ 169,734 total→ Common Stock (19,417 underlying) - Exercise/Conversion
Restricted Stock Units
2022-05-15−1,101→ 168,633 total→ Common Stock (1,101 underlying) - Exercise/Conversion
Restricted Stock Units
2022-05-15−52,631→ 116,002 total→ Common Stock (52,631 underlying)
Footnotes (6)
- [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]1/16 of the shares subject to the RSUs vest in equal installments on each quarterly anniversary date following the applicable vesting commencement date, 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.
- [F5]These RSUs will vest on the following schedule: 6.25% of the shares subject to the RSU will vest quarterly in year 1 following the vesting commencement date of November 15, 2021; 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.
- [F6]The RSUs fully vested on May 15, 2022.
Documents
Issuer
Sonos Inc
CIK 0001314727
Entity typeother
Related Parties
1- filerCIK 0001765328
Filing Metadata
- Form type
- 4
- Filed
- May 16, 8:00 PM ET
- Accepted
- May 17, 5:50 PM ET
- Size
- 14.4 KB