Laura Alber - Apr 15, 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
Apr 15, 2023
Transactions value $
-$16,613,957
Form type
4
Date filed
4/18/2023, 07:05 PM
Previous filing
Mar 30, 2023
Next filing
Apr 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WSM Common Stock Options Exercise $0 +8.69K +1.7% $0.00 519K Apr 15, 2023 Direct
transaction WSM Common Stock Tax liability -$511K -4.31K -0.83% $118.49 515K Apr 15, 2023 Direct F1
transaction WSM Common Stock Options Exercise $0 +30.5K +5.92% $0.00 545K Apr 16, 2023 Direct
transaction WSM Common Stock Tax liability -$1.79M -15.1K -2.77% $118.49 530K Apr 16, 2023 Direct F1
transaction WSM Common Stock Options Exercise $0 +244K +45.98% $0.00 774K Apr 16, 2023 Direct
transaction WSM Common Stock Tax liability -$14.3M -121K -15.62% $118.49 653K Apr 16, 2023 Direct F1
holding WSM Common Stock 16.1K Apr 15, 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 -8.69K -33.33% $0.00 17.4K Apr 15, 2023 Common Stock 8.69K Direct F3, F4, F5
transaction WSM Restricted Stock Units Options Exercise $0 -30.5K -50% $0.00 30.5K Apr 16, 2023 Common Stock 30.5K Direct F3, F5, F6
transaction WSM Restricted Stock Units Options Exercise $0 -244K -100% $0.00* 0 Apr 16, 2023 Common Stock 244K Direct F3, F5, F7
* 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 April 16, 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 2022, 2023, 2024 and 2025.
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 2021, 2022, 2023 and 2024.
F7 Represents restricted stock units granted on August 8, 2020, which reflect the satisfaction of performance metrics. The restricted stock units were also subject to a continued service condition, which was satisfied on April 16, 2023.