Marta Benson - 15 Apr 2023 Form 4 Insider Report for WILLIAMS SONOMA INC (WSM)

Signature
/s/ David R. King, Attorney-in-Fact for Marta Benson
Issuer symbol
WSM
Transactions as of
15 Apr 2023
Net transactions value
-$2,939,500
Form type
4
Filing time
18 Apr 2023, 19:10:20 UTC
Previous filing
23 Mar 2023
Next filing
20 Apr 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WSM Common Stock Options Exercise $0 +2,824 +8% $0.000000 38,010 15 Apr 2023 Direct
transaction WSM Common Stock Tax liability $166,004 -1,401 -3.7% $118.49 36,609 15 Apr 2023 Direct F1
transaction WSM Common Stock Options Exercise $0 +10,660 +29% $0.000000 47,269 16 Apr 2023 Direct
transaction WSM Common Stock Tax liability $626,338 -5,286 -11% $118.49 41,983 16 Apr 2023 Direct F1
transaction WSM Common Stock Options Exercise $0 +36,548 +87% $0.000000 78,531 16 Apr 2023 Direct
transaction WSM Common Stock Tax liability $2,147,157 -18,121 -23% $118.49 60,410 16 Apr 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 -2,824 -33% $0.000000 5,648 15 Apr 2023 Common Stock 2,824 Direct F2, F3, F4
transaction WSM Restricted Stock Units Options Exercise $0 -10,660 -50% $0.000000 10,660 16 Apr 2023 Common Stock 10,660 Direct F2, F4, F5
transaction WSM Restricted Stock Units Options Exercise $0 -36,548 -100% $0.000000* 0 16 Apr 2023 Common Stock 36,548 Direct F2, F4, 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 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 2022, 2023, 2024 and 2025.
F4 The restricted stock units are cancelled upon vesting and delivery of shares of WSM common stock.
F5 The restricted stock units vest in four equal installments on each anniversary of the grant date in 2021, 2022, 2023 and 2024.
F6 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.