Alex Bellos - 05 Jun 2021 Form 4 Insider Report for WILLIAMS SONOMA INC (WSM)

Signature
/s/ David R. King, Attorney-in-Fact for Alex Bellos
Issuer symbol
WSM
Transactions as of
05 Jun 2021
Net transactions value
-$548,650
Form type
4
Filing time
08 Jun 2021, 19:19:22 UTC
Next filing
11 Jun 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WSM Common Stock Options Exercise $0 +6,190 +16% $0.000000 44,576 05 Jun 2021 Direct
transaction WSM Common Stock Tax liability $548,650 -3,295 -7.4% $166.51 41,281 05 Jun 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction WSM Restricted Stock Units Options Exercise $0 -6,190 -100% $0.000000* 0 05 Jun 2021 Common Stock 6,190 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares withheld upon vesting of restricted stock units to cover tax withholding obligations.
F2 Each restricted stock unit represents a contingent right to receive one share of WSM common stock.
F3 The restricted stock units vest in four equal installments on each anniversary of the grant date in 2018, 2019, 2020 and 2021. Vesting of these units was subject to a performance metric, which has been met.
F4 The restricted stock units are cancelled upon vesting and delivery of shares of WSM common stock.