Marta Benson - 21 Mar 2023 Form 4 Insider Report for WILLIAMS SONOMA INC (WSM)

Role
CEO POTTERY BARN BRANDS
Signature
/s/ David R. King, Attorney-in-Fact for Marta Benson
Issuer symbol
WSM
Transactions as of
21 Mar 2023
Net transactions value
-$160,282
Form type
4
Filing time
23 Mar 2023, 19:13:23 UTC
Previous filing
20 Mar 2023
Next filing
18 Apr 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WSM Common Stock Options Exercise $0 +3,654 +11% $0.000000 36,532 21 Mar 2023 Direct
transaction WSM Common Stock Tax liability $160,282 -1,346 -3.7% $119.08 35,186 21 Mar 2023 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 -3,654 -25% $0.000000 10,964 21 Mar 2023 Common Stock 3,654 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 2023, 2024, 2025 and 2026.
F4 The restricted stock units are cancelled upon vesting and delivery of shares of WSM common stock.