Thomas Conrad - 13 Jan 2025 Form 4 Insider Report for Sonos Inc (SONO)

Role
Interim CEO, Director
Signature
/s/ Rebecca Schuster by power of attorney
Issuer symbol
SONO
Transactions as of
13 Jan 2025
Net transactions value
$0
Form type
4
Filing time
15 Jan 2025, 18:59:28 UTC
Previous filing
13 Mar 2024
Next filing
18 Feb 2025
SEC
View on sec.gov

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 +179,826 $0.000000 179,826 13 Jan 2025 Common Stock 179,826 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 1/6 of the shares subject to the RSUs vest in equal installments on each monthly anniversary date following the vesting commencement date of January 13, 2025, until such time as the RSUs are 100% vested, subject to the continuing employment of the Reporting Person as Interim Chief Executive Officer on each vesting date. The RSUs are subject to double-trigger acceleration.