Form 4 for SONO Sonos Inc
Accepted 2025-02-18 00:00:00 ET · period of report 2025-02-13 · accession 0001127602-25-005292 · 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 | 2025-02-18 | 2025-02-13 | SONO | Conrad Thomas | Interim CEO, Dir | F - Tax | $13.12 | -10.4K | 65.8K | -14% | -$136.0K |
| D | 2025-02-18 | 2025-02-13 | SONO | Conrad Thomas | Interim CEO, Dir | M - OptEx | — | +30.0K | 76.2K | +65% | — |
| D | 2025-02-18 | 2025-02-13 | SONO | Conrad Thomas | Interim CEO, Dir | M - OptEx | $0.00 | -30.0K | 149.9K | -17% | $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 | 2025-02-13 | F | D | 10,364 | $13.12 | 65,821 | D | — | — | |
| 2 | Common | Common Stock | 2025-02-13 | M | A | 29,971 | — | 76,185 | 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) Mr. Conrad was granted 10,656 RSUs on March 11, 2024, which were scheduled to vest in full on the earlier of March 11, 2025 or the next annual meeting of stockholders, subject to his continued service on the Company's Board of Directors (the "Board") as an independent director. Mr. Conrad accepted a position with the Company as Interim Chief Executive Officer and became a non-independent member of the Board, effective January 13, 2025, thus these RSUs vested on a pro rata basis. The reported amount has been reduced by 1,776 as compared to Mr. Conrad's prior Form 4 to reflect forfeited shares. |
| 3 | Derivative | Restricted Stock Units | 2025-02-13 | M | D | 29,971 | $0.00 | 149,855 | D | — · — to — | 29,971 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) 1/6 of the shares subject to the RSUs vest in equal installments on each monthly anniversary date following the vesting commencement date of January 13, 2025, until such time as the RSUs are 100% vested, subject to the continuing employment of the Reporting Person as Interim Chief Executive Officer on each vesting date. The RSUs are subject to double-trigger acceleration. |