Laura Alber - Mar 21, 2023 Form 4 Insider Report for WILLIAMS SONOMA INC (WSM)

Role
PRESIDENT & CEO, Director
Signature
/s/ David King, Attorney-in-Fact for Laura Alber
Stock symbol
WSM
Transactions as of
Mar 21, 2023
Transactions value $
-$389,392
Form type
4
Date filed
3/23/2023, 07:28 PM
Previous filing
Mar 20, 2023
Next filing
Mar 30, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WSM Common Stock Options Exercise $0 +9.14K +1.81% $0.00 514K Mar 21, 2023 Direct
transaction WSM Common Stock Tax liability -$389K -3.27K -0.64% $119.08 511K Mar 21, 2023 Direct F1
holding WSM Common Stock 16.1K Mar 21, 2023 By Managed Account F2

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 -9.14K -25% $0.00 27.4K Mar 21, 2023 Common Stock 9.14K Direct F3, F4, F5
transaction WSM Restricted Stock Units Award $0 +50.4K $0.00 50.4K Mar 21, 2023 Common Stock 50.4K Direct F3, F5, F6
* 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 Represents the number of shares held by the reporting person in the Williams-Sonoma, Inc. Stock Fund under the Williams-Sonoma, Inc. 401(k) Plan, based on a statement dated March 21, 2023.
F3 Each restricted stock unit represents a contingent right to receive one share of WSM common stock.
F4 The restricted stock units vest in four equal installments on each anniversary of the grant date in 2023, 2024, 2025 and 2026.
F5 The restricted stock units are cancelled upon vesting and delivery of shares of WSM common stock.
F6 The restricted stock units vest in four equal installments on each anniversary of the grant date in 2024, 2025, 2026 and 2027.