Form 4 for SONO Sonos Inc
Accepted 2023-08-17 00:00:00 ET · period of report 2023-08-15 · accession 0001562180-23-006407 · 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 | 2023-08-17 | 2023-08-15 | SONO | Bouvat-Merlin Maxime | Chief Product Off | F - Tax | $14.48 | -5,678 | 31.1K | -15% | -$82.2K |
| D | 2023-08-17 | 2023-08-15 | SONO | Bouvat-Merlin Maxime | Chief Product Off | S - Sale+OE | $14.08 | -7,496 | 21.7K | -26% | -$105.5K |
| D | 2023-08-17 | 2023-08-15 | SONO | Bouvat-Merlin Maxime | Chief Product Off | M - OptEx | — | +15.1K | 36.7K | +69% | — |
| DM | 2023-08-17 | 2023-08-15 | SONO | Bouvat-Merlin Maxime | Chief Product Off | M - OptEx | $0.00 | -15.1K | 103.6K | -13% | $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 | 2023-08-15 | F | D | 5,678 | $14.48 | 31,055 | D | — | — | |
| 2 | Common | Common Stock | 2023-08-15 | S | D | 7,496 | $14.08 | 21,681 | D | — | — | (F2) Represents the weighted average sales price per share. The shares sold at prices ranging from $13.975 to $14.16 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. |
| 3 | Common | Common Stock | 2023-08-15 | M | A | 15,052 | — | 36,733 | D | — | — | (F4) Each RSU represents a contingent right to receive 1 share of the Issuer's Common Stock upon vesting and settlement for no consideration. |
| 4 | Derivative | Restricted Stock Units | 2023-08-15 | M | D | 3,184 | $0.00 | 100,403 | D | — · — to — | 3,184 Common Stock | (F4) Each RSU represents a contingent right to receive 1 share of the Issuer's Common Stock upon vesting and settlement for no consideration. (F7) 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. |
| 5 | Derivative | Restricted Stock Units | 2023-08-15 | M | D | 5,267 | $0.00 | 95,136 | D | — · — to — | 5,267 Common Stock | (F4) Each RSU represents a contingent right to receive 1 share of the Issuer's Common Stock upon vesting and settlement for no consideration. (F8) 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. |
| 6 | Derivative | Restricted Stock Units | 2023-08-15 | M | D | 6,601 | $0.00 | 103,587 | D | — · — to — | 6,601 Common Stock | (F4) Each RSU represents a contingent right to receive 1 share of the Issuer's Common Stock upon vesting and settlement for no consideration. (F6) 1/12 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. |