Laura Alber - Nov 14, 2023 Form 4 Insider Report for WILLIAMS SONOMA INC (WSM)

Signature
/s/ David King, Attorney-in-Fact for Laura Alber
Stock symbol
WSM
Transactions as of
Nov 14, 2023
Transactions value $
-$2,817,843
Form type
4
Date filed
11/16/2023, 07:10 PM
Previous filing
Nov 13, 2023
Next filing
Nov 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WSM Common Stock Sale -$369K -2.42K -0.43% $152.44 561K Nov 14, 2023 Direct F1, F2
transaction WSM Common Stock Sale -$289K -1.87K -0.33% $154.42 559K Nov 14, 2023 Direct F1, F3
transaction WSM Common Stock Sale -$1.72M -11.1K -1.98% $155.27 548K Nov 14, 2023 Direct F1, F4
transaction WSM Common Stock Sale -$437K -2.8K -0.51% $156.01 546K Nov 14, 2023 Direct F1, F5
holding WSM Common Stock 16.3K Nov 14, 2023 By Managed Account F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Sale of shares pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on October 14, 2022.
F2 Reflects the weighted average price as the shares were sold in multiple transactions. The per share transaction price ranged from $152.38 to $153.28. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F3 Reflects the weighted average price as the shares were sold in multiple transactions. The per share transaction price ranged from $153.76 to $154.73. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F4 Reflects the weighted average price as the shares were sold in multiple transactions. The per share transaction price ranged from $154.78 to $155.75. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F5 Reflects the weighted average price as the shares were sold in multiple transactions. The per share transaction price ranged from $155.81 to $156.22. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F6 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 November 14, 2023.