William J. Ready - 01 Nov 2021 Form 4 Insider Report for WILLIAMS SONOMA INC (WSM)

Role
Director
Signature
/s/ David R. King, Attorney-in-Fact for William J. Ready
Issuer symbol
WSM
Transactions as of
01 Nov 2021
Net transactions value
$0
Form type
4
Filing time
02 Nov 2021, 19:35:52 UTC
Previous filing
03 Jun 2021
Next filing
12 Nov 2021
SEC
View on sec.gov

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 Deferred Stock Units Award $0 +117 $0.000000 117 01 Nov 2021 Common Stock 117 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each deferred stock unit represents a contingent right to receive one share of WSM common stock.
F2 The reporting person elected to receive these deferred stock units, which were granted under the Issuer's 2001 Long-Term Incentive Plan, pursuant to the Issuer's Director Compensation Policy (the"Policy"), in lieu of the cash portion of the annual retainers under the Policy.
F3 The deferred stock units are fully vested and will be delivered to the reporting person in June 2032, the end of the deferral period, subject to earlier delivery upon the occurrence of certain events.