David R. King - 15 Apr 2023 Form 4 Insider Report for WILLIAMS SONOMA INC (WSM)

Role
EVP GENERAL COUNSEL
Signature
/s/ David R. King
Issuer symbol
WSM
Transactions as of
15 Apr 2023
Net transactions value
-$1,544,517
Form type
4
Filing time
18 Apr 2023, 19:18:27 UTC
Previous filing
23 Mar 2023
Next filing
20 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 +2,027 +6.1% $0.000000 35,351 15 Apr 2023 Direct
transaction WSM Common Stock Tax liability $113,158 -955 -2.7% $118.49 34,396 15 Apr 2023 Direct F1
transaction WSM Common Stock Options Exercise $0 +8,122 +24% $0.000000 42,518 16 Apr 2023 Direct
transaction WSM Common Stock Tax liability $477,159 -4,027 -9.5% $118.49 38,491 16 Apr 2023 Direct F1
transaction WSM Common Stock Options Exercise $0 +16,242 +42% $0.000000 54,733 16 Apr 2023 Direct
transaction WSM Common Stock Tax liability $954,200 -8,053 -15% $118.49 46,680 16 Apr 2023 Direct F1
holding WSM Common Stock 228 15 Apr 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 -2,027 -33% $0.000000 4,055 15 Apr 2023 Common Stock 2,027 Direct F3, F4, F5
transaction WSM Restricted Stock Units Options Exercise $0 -8,122 -50% $0.000000 8,122 16 Apr 2023 Common Stock 8,122 Direct F3, F5, F6
transaction WSM Restricted Stock Units Options Exercise $0 -16,242 -100% $0.000000* 0 16 Apr 2023 Common Stock 16,242 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 18, 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.