Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SONO | Common Stock | Options Exercise | +5.52K | +3.08% | 185K | Nov 15, 2024 | Direct | F1, F2 | ||
transaction | SONO | Common Stock | Tax liability | -$29.9K | -2.17K | -1.18% | $13.75 | 183K | Nov 15, 2024 | Direct | F3 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SONO | Restricted Stock Units | Options Exercise | $0 | -169 | -0.32% | $0.00 | 52.3K | Nov 15, 2024 | Common Stock | 169 | Direct | F1, F2, F4 | |
transaction | SONO | Restricted Stock Units | Options Exercise | $0 | -1.71K | -3.27% | $0.00 | 50.6K | Nov 15, 2024 | Common Stock | 1.71K | Direct | F1, F2, F5 | |
transaction | SONO | Restricted Stock Units | Options Exercise | $0 | -3.64K | -7.18% | $0.00 | 47K | Nov 15, 2024 | Common Stock | 3.64K | Direct | F1, F2, F6 | |
transaction | SONO | Restricted Stock Units | Award | $0 | +58.2K | +123.88% | $0.00 | 105K | Nov 15, 2024 | Common Stock | 58.2K | Direct | F2, F6 | |
transaction | SONO | Restricted Stock Units | Award | $0 | +20.8K | +19.76% | $0.00 | 126K | Nov 15, 2024 | Common Stock | 20.8K | Direct | F2, F7 |
Christopher Scott Mason is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
Id | Content |
---|---|
F1 | Vesting of restricted stock units ("RSUs") previously granted to the Reporting Person. |
F2 | Each RSU represents a contingent right to receive 1 share of the Issuer's Common Stock upon vesting and settlement for no consideration. |
F3 | Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were withheld by the Issuer in accordance with the agreement governing the RSUs to satisfy federal and state tax withholding obligations of the Reporting Person resulting from the vesting and settlement of RSUs. |
F4 | These RSUs will vest on the following schedule: 6.25% of the shares subject to the RSU will vest quarterly in year 1 following the vesting commencement date of November 15, 2021; 12.5% of the shares subject to the RSU will vest quarterly in year 2; and 6.25% of the shares subject to the RSU will vest quarterly in year 3, in each case subject to the continuing employment of the Reporting Person on each vesting date. The RSUs are subject to double-trigger acceleration. |
F5 | 1/16 of the shares subject to the RSUs vest in equal installments on each quarterly anniversary date following the applicable vesting commencement date, until such time as the RSUs are 100% vested, subject to the continuing employment of the Reporting Person on each vesting date. The RSUs are subject to double-trigger acceleration |
F6 | 1/16 of the shares subject to the RSUs vest in equal installments beginning November 15, 2024 and on each quarterly anniversary date thereafter, until such time as the RSUs are 100% vested, subject to the continuing employment of the Reporting Person on each vesting date. The RSUs are subject to double-trigger acceleration |
F7 | 100% of the shares subject to the RSUs will vest on November 15, 2025, subject to the continuing employment of the Reporting Person on the vesting date. The RSUs are subject to double-trigger acceleration. |