Patrick Spence - 20 Sep 2023 Form 4 Insider Report for Sonos Inc (SONO)

Reporting relationship: Chief Executive Officer, Director
Issuer ticker: SONO
Reported as of: 20 Sep 2023
Net transaction value: -$603,446
SEC form: 4
Accepted by SEC: 21 Sep 2023, 09:31:01 UTC
Prior SEC filing: 18 Sep 2023
Next SEC filing: 25 Oct 2023
Source filing: View source filing
Reporting owner signature: /s/ Rebecca Schuster, by power of attorney

Key filing fact

Patrick Spence filed Form 4 for Sonos Inc (SONO) on 21 Sep 2023.

Key facts

This page summarizes Patrick Spence's Form 4 filing for Sonos Inc (SONO).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 21 Sep 2023, 09:31.

Change

Previous filing in this sequence was filed on 18 Sep 2023.
Current net transaction value: -$603,446.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SONO transaction

Common Stock

Sale

Transaction value: $603,446
Shares: -45,000
Change %: -4.6%
Price: $13.41
Shares after: 925,869
Date: 20 Sep 2023
Ownership: Direct
Footnotes: F1, F2, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 3 footnotes

Footnote F1

The reported transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 23, 2023.

Footnote F2

This sale of shares is for the sole purpose of covering the Reporting Person's personal income tax obligations with respect to the exercise of Company stock options in 2022.

Footnote F3

Represents the weighted average sales price per share. The shares sold at prices ranging from $13.21 to $13.50 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.