Form 4 for SONO Sonos Inc
Accepted 2024-11-19 00:00:00 ET · period of report 2024-11-15 · accession 0001127602-24-027650 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-11-19 | 2024-11-15 | SONO | Findlay Deirdre | Chief Commercial Off | M - OptEx | — | +93.0K | 123.6K | +304% | — |
| D | 2024-11-19 | 2024-11-15 | SONO | Findlay Deirdre | Chief Commercial Off | F - Tax | $13.75 | -35.3K | 88.3K | -29% | -$485.3K |
| DM | 2024-11-19 | 2024-11-15 | SONO | Findlay Deirdre | Chief Commercial Off | M - OptEx | $0.00 | -93.0K | 151.4K | -38% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-11-15 | M | A | 92,973 | — | 123,601 | D | — | — | (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) Ms. Findlay was granted 10,011 RSUs on March 9, 2023, which were scheduled to vest in full on the earlier of March 9, 2024 or the next annual meeting of stockholders, subject to her continued service on the Company's Board of Directors (the "Board"). Ms. Findlay resigned from the Board effective October 3, 2023, in connection with her acceptance of a position with the Company as Chief Commercial Officer, thus her RSUs vested on a pro rata basis. The reported amount has been reduced by 5,005 as compared to Ms. Findlay's prior Form 4 to reflect forfeited shares. |
| 2 | Common | Common Stock | 2024-11-15 | F | D | 35,297 | $13.75 | 88,304 | D | — | — | |
| 3 | Derivative | Restricted Stock Units | 2024-11-15 | M | D | 34,577 | $0.00 | 209,766 | D | — · — to — | 34,577 Common Stock | (F2) Each RSU represents a contingent right to receive 1 share of the Issuer's Common Stock upon vesting and settlement for no consideration. (F5) One half of the shares subject to the RSUs vest on each of the one year and two year anniversaries of the grant date of November 15, 2023, 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. |
| 4 | Derivative | Restricted Stock Units | 2024-11-15 | M | D | 58,396 | $0.00 | 151,370 | D | — · — to — | 58,396 Common Stock | (F2) Each RSU represents a contingent right to receive 1 share of the Issuer's Common Stock upon vesting and settlement for no consideration. (F6) 1/3 of the RSUs vested on November 15, 2024, and 1/12 of the RSUs vest on each quarterly anniversary thereafter, 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. |