Form 4 for SONO Sonos Inc
Accepted 2021-11-17 00:00:00 ET · period of report 2021-11-15 · accession 0001562180-21-007129 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2021-11-17 | 2021-11-15+ | SONO | Siegel Matthew O. | Chief Commercial Off | S - Sale+OE | $34.42 | -32.2K | 0 | -100% | -$1.11M |
| D | 2021-11-17 | 2021-11-15 | SONO | Siegel Matthew O. | Chief Commercial Off | F - Tax | $34.52 | -12.6K | 32.2K | -28% | -$434.7K |
| DM | 2021-11-17 | 2021-11-15 | SONO | Siegel Matthew O. | Chief Commercial Off | M - OptEx | $15.03 | +44.8K | 15.9K | New | +$672.8K |
| DM | 2021-11-17 | 2021-11-15 | SONO | Siegel Matthew O. | Chief Commercial Off | M - OptEx | $0.00 | -44.8K | 286.9K | -13% | $0 |
| D | 2021-11-17 | 2021-11-15 | SONO | Siegel Matthew O. | Chief Commercial Off | A - Grant | $0.00 | +24.0K | 315.7K | +8% | $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 | 2021-11-15 | S | D | 15,884 | $34.39 | 16,286 | D | — | — | (F5) Represents the weighted average sales price per share. The shares sold at prices ranging from $34.355 to $34.50 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer. |
| 2 | Common | Common Stock | 2021-11-15 | F | D | 12,592 | $34.52 | 32,170 | D | — | — | |
| 3 | Common | Common Stock | 2021-11-15 | M | A | 28,878 | — | 44,762 | D | — | — | (F3) Each RSU represents a contingent right to receive 1 share of the Issuer's Common Stock upon vesting and settlement for no consideration. |
| 4 | Common | Common Stock | 2021-11-15 | M | A | 15,884 | $15.03 | 15,884 | D | — | — | |
| 5 | Common | Common Stock | 2021-11-17 | S | D | 16,286 | $34.44 | 0 | D | — | — | (F6) Represents the weighted average sales price per share. The shares sold at prices ranging from $34.29 to $34.625 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer. |
| 6 | Derivative | Employee Stock Option (right to buy) | 2021-11-15 | M | D | 15,884 | $0.00 | 210,087 | D | $15.03 · — to 2027-11-06 | 15,884 Common Stock | (F7) The stock options vested and became exercisable, and shall continue to vest and become exercisable, in 48 equal monthly installments beginning on September 5, 2018, until such time and the option is 100% vested, subject to the continuing service of the Reporting Person on each vesting date. |
| 7 | Derivative | Restricted Stock Units | 2021-11-15 | M | D | 28,878 | $0.00 | 286,861 | D | — · — to — | 28,878 Common Stock | (F3) Each RSU represents a contingent right to receive 1 share of the Issuer's Common Stock upon vesting and settlement for no consideration. (F9) 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. |
| 8 | Derivative | Restricted Stock Units | 2021-11-15 | A | A | 23,981 | $0.00 | 315,739 | D | — · — to — | 23,981 Common Stock | (F3) 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 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. |