Advent International, L.P. - 17 May 2023 Form 4 Insider Report for Sovos Brands, Inc. (SOVO)

Role
10%+ Owner
Signature
ADVENT INTERNATIONAL CORPORATION, By: /s/ Neil Crawford, Name: Neil Crawford, Title: Vice President, Finance
Issuer symbol
SOVO
Transactions as of
17 May 2023
Transactions value $
-$192,895,000
Form type
4
Date filed
19 May 2023, 16:01
Previous filing
11 Oct 2022
Next filing
22 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SOVO Common Stock Sale -$167M -9.65M -17.26% $17.30 46.3M 17 May 2023 See Notes F1, F2, F3, F4, F5
transaction SOVO Common Stock Sale -$26M -1.5M -3.24% $17.30 44.8M 19 May 2023 See Notes F1, F4, F5, F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 See Exhibit 99.1 for text of footnote (1).
F2 See Exhibit 99.1 for text of footnote (2).
F3 See Exhibit 99.1 for text of footnote (3).
F4 See Exhibit 99.1 for text of footnote (4).
F5 See Exhibit 99.1 for text of footnote (5).
F6 See Exhibit 99.1 for text of footnote (6).
F7 See Exhibit 99.1 for text of footnote (7).

Remarks:

Exhibit 99.1 (Footnotes to Form 4) and Exhibit 99.2 (Signatures and Joint Filer Information) are incorporated by reference. Form 1 of 3: This Form 4 is the first of three Forms 4 being filed relating to the same event. The Form 4 has been split into multiple filings because there are more than 10 Reporting Persons total, and the SEC's EDGAR filing system limits a single Form 4 to a maximum of 10 Reporting Persons. Each Form 4 will be filed by Designated Filer Advent International Corporation.