Laura Alber - Apr 18, 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 18, 2023
Transactions value $
-$1,530,889
Form type
4
Date filed
4/20/2023, 07:27 PM
Previous filing
Apr 18, 2023
Next filing
May 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WSM Common Stock Options Exercise $0 +26K +3.99% $0.00 679K Apr 18, 2023 Direct
transaction WSM Common Stock Tax liability -$1.53M -12.9K -1.9% $118.60 666K Apr 18, 2023 Direct F1
holding WSM Common Stock 16.1K Apr 18, 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 -26K -100% $0.00* 0 Apr 18, 2023 Common Stock 26K Direct F3, F4, F5
* 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 2020, 2021, 2022 and 2023.
F5 The restricted stock units are cancelled upon vesting and delivery of shares of WSM common stock.