Karalyn Yearout - 15 Apr 2024 Form 4 Insider Report for WILLIAMS SONOMA INC (WSM)

Signature
/s/ David R. King, Attorney-in-Fact for Karalyn Smith
Issuer symbol
WSM
Transactions as of
15 Apr 2024
Net transactions value
-$1,224,519
Form type
4
Filing time
17 Apr 2024, 19:08:48 UTC
Previous filing
25 Mar 2024
Next filing
30 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WSM Common Stock Options Exercise $0 +4,307 +48% $0.000000 13,307 15 Apr 2024 Direct
transaction WSM Common Stock Tax liability $630,560 -2,183 -16% $288.85 11,124 15 Apr 2024 Direct F1
transaction WSM Common Stock Options Exercise $0 +1,013 +9.1% $0.000000 12,137 15 Apr 2024 Direct
transaction WSM Common Stock Tax liability $148,469 -514 -4.2% $288.85 11,623 15 Apr 2024 Direct F1
transaction WSM Common Stock Options Exercise $0 +3,046 +26% $0.000000 14,669 16 Apr 2024 Direct
transaction WSM Common Stock Tax liability $445,490 -1,544 -11% $288.53 13,125 16 Apr 2024 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 -4,307 -100% $0.000000* 0 15 Apr 2024 Common Stock 4,307 Direct F2, F3, F4
transaction WSM Restricted Stock Units Options Exercise $0 -1,013 -50% $0.000000 1,014 15 Apr 2024 Common Stock 1,013 Direct F2, F4, F5
transaction WSM Restricted Stock Units Options Exercise $0 -3,046 -100% $0.000000* 0 16 Apr 2024 Common Stock 3,046 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 Represents restricted stock units granted on April 15, 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 15, 2024.
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 2022, 2023, 2024 and 2025.
F6 The restricted stock units vest in four equal installments on each anniversary of the grant date in 2021, 2022, 2023 and 2024.