Form 4 for SONO Sonos Inc
Accepted 2024-11-19 00:00:00 ET · period of report 2024-11-15 · accession 0001127602-24-027652 · 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 | Lazarus Edward P | Chief Legal, Strategy Off | F - Tax | $13.75 | -6,513 | 338.9K | -2% | -$89.6K |
| D | 2024-11-19 | 2024-11-15 | SONO | Lazarus Edward P | Chief Legal, Strategy Off | M - OptEx | — | +12.9K | 345.4K | +4% | — |
| DM | 2024-11-19 | 2024-11-15 | SONO | Lazarus Edward P | Chief Legal, Strategy Off | M - OptEx | $0.00 | -12.9K | 98.6K | -12% | $0 |
| DM | 2024-11-19 | 2024-11-15 | SONO | Lazarus Edward P | Chief Legal, Strategy Off | A - Grant | $0.00 | +274.0K | 221.4K | New | $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 | F | D | 6,513 | $13.75 | 338,850 | D | — | — | |
| 2 | Common | Common Stock | 2024-11-15 | M | A | 12,934 | — | 345,363 | 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. |
| 3 | Derivative | Restricted Stock Units | 2024-11-15 | M | D | 1,752 | $0.00 | 109,734 | D | — · — to — | 1,752 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. (F4) 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. |
| 4 | Derivative | Restricted Stock Units | 2024-11-15 | M | D | 2,223 | $0.00 | 107,511 | D | — · — to — | 2,223 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) 1/16 of the shares subject to the RSUs 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. |
| 5 | Derivative | Restricted Stock Units | 2024-11-15 | A | A | 151,167 | $0.00 | 372,542 | D | — · — to — | 151,167 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. (F8) These RSUs will vest over a two year period as follows: 1) 15% of the shares subject to the RSUs will vest quarterly in year 1 following the vesting commencement date of November 15, 2024 and 2) 10% of the shares subject to the RSUs will vest quarterly in year 2, in each case subject to the continuing employment of the Reporting Person on each vesting date. The RSUs are subject to double-trigger acceleration. |
| 6 | Derivative | Restricted Stock Units | 2024-11-15 | A | A | 122,823 | $0.00 | 221,375 | D | — · — to — | 122,823 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. (F7) 1/12 of the shares subject to the RSUs vest in equal installments on each quarterly anniversary date following the vesting commencement date of November 15, 2024, 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. |
| 7 | Derivative | Restricted Stock Units | 2024-11-15 | M | D | 8,959 | $0.00 | 98,552 | D | — · — to — | 8,959 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) These RSUs will vest based on the following schedule: (i) 1/12 of the shares subject to the RSUs vested on November 15, 2024 and (ii) the remaining RSUs vest quarterly over the next eleven quarters in equal quarterly installments, until such time as the RSUs are 100% vested, in each case subject to the continuing employment of the Reporting Person on each vesting date. The RSUs are subject to double-trigger acceleration. |