Saori Casey - Nov 15, 2024 Form 4 Insider Report for Sonos Inc (SONO)

Signature
/s/ Rebecca Schuster by power of attorney
Stock symbol
SONO
Transactions as of
Nov 15, 2024
Transactions value $
$0
Form type
4
Date filed
11/19/2024, 05:20 PM
Previous filing
Feb 20, 2024

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 SONO Restricted Stock Units Award $0 +127K +42.38% $0.00 425K Nov 15, 2024 Common Stock 127K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Common Stock upon vesting and settlement for no consideration.
F2 1/12 of the shares subject to the RSUs vest in equal installments on each quarterly anniversary date following the vesting commencement date of November 15, 2024, 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.