Marta Benson - 15 Apr 2024 Form 4 Insider Report for WILLIAMS SONOMA INC (WSM)

Role
CEO POTTERY BARN BRANDS
Signature
/s/ David R. King, Attorney-in-Fact for Marta Benson
Issuer symbol
WSM
Transactions as of
15 Apr 2024
Net transactions value
-$4,706,237
Form type
4
Filing time
17 Apr 2024, 19:58:20 UTC
Previous filing
05 Apr 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WSM Common Stock Options Exercise $0 +18,674 +27% $0.000000 87,271 15 Apr 2024 Direct
transaction WSM Common Stock Tax liability $2,733,676 -9,464 -11% $288.85 77,807 15 Apr 2024 Direct F1
transaction WSM Common Stock Options Exercise $0 +2,824 +3.6% $0.000000 80,631 15 Apr 2024 Direct
transaction WSM Common Stock Tax liability $413,633 -1,432 -1.8% $288.85 79,199 15 Apr 2024 Direct F1
transaction WSM Common Stock Options Exercise $0 +10,660 +13% $0.000000 89,859 16 Apr 2024 Direct
transaction WSM Common Stock Tax liability $1,558,928 -5,403 -6% $288.53 84,456 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 -18,674 -100% $0.000000* 0 15 Apr 2024 Common Stock 18,674 Direct F2, F3, F4
transaction WSM Restricted Stock Units Options Exercise $0 -2,824 -50% $0.000000 2,824 15 Apr 2024 Common Stock 2,824 Direct F2, F4, F5
transaction WSM Restricted Stock Units Options Exercise $0 -10,660 -100% $0.000000* 0 16 Apr 2024 Common Stock 10,660 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.