Jeffrey Howie - Apr 15, 2023 Form 4 Insider Report for WILLIAMS SONOMA INC (WSM)

Signature
/s/ David R. King, Attorney-in-Fact for Jeffrey Howie
Stock symbol
WSM
Transactions as of
Apr 15, 2023
Transactions value $
-$422,654
Form type
4
Date filed
4/18/2023, 07:24 PM
Previous filing
Mar 23, 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 +1.01K +11.22% $0.00 10.1K Apr 15, 2023 Direct
transaction WSM Common Stock Tax liability -$59.6K -503 -5% $118.49 9.55K Apr 15, 2023 Direct F1
transaction WSM Common Stock Options Exercise $0 +3.05K +31.89% $0.00 12.6K Apr 16, 2023 Direct
transaction WSM Common Stock Tax liability -$179K -1.51K -11.99% $118.49 11.1K Apr 16, 2023 Direct F1
transaction WSM Common Stock Options Exercise $0 +3.13K +28.27% $0.00 14.2K Apr 16, 2023 Direct
transaction WSM Common Stock Tax liability -$184K -1.55K -10.93% $118.49 12.7K Apr 16, 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 -1.01K -33.34% $0.00 2.03K Apr 15, 2023 Common Stock 1.01K Direct F2, F3, F4
transaction WSM Restricted Stock Units Options Exercise $0 -3.05K -49.99% $0.00 3.05K Apr 16, 2023 Common Stock 3.05K Direct F2, F4, F5
transaction WSM Restricted Stock Units Options Exercise $0 -3.13K -60.14% $0.00 2.08K Apr 16, 2023 Common Stock 3.13K 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 February 23, 2021, 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.