Risa Cretella - 13 Jan 2022 Form 4 Insider Report for Sovos Brands, Inc. (SOVO)

Signature
/s/ Isobel A. Jones, Attorney-in-Fact
Issuer symbol
SOVO
Transactions as of
13 Jan 2022
Net transactions value
$0
Form type
4
Filing time
18 Jan 2022, 17:01:58 UTC
Previous filing
23 Sep 2021
Next filing
19 Jan 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SOVO Common Stock Award $0 +46,675 +19% $0.000000 296,039 13 Jan 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units subject to time-based vesting and the terms of the award agreement.
F2 Includes 4,836 restricted shares of common stock of the Issuer subject to time-based vesting and the Reporting Person's continued service with the Issuer, 129,407 restricted shares of common stock of the Issuer subject to performance-based vesting and the Reporting Person's continued service with the Issuer (a portion of which will vest on the last day of fiscal 2022 or the last day of fiscal 2023, if such performance goals are not earlier achieved), 69,591 restricted stock units subject to time-based vesting, and 22,916 restricted stock units subject to performance-based vesting, in each case, subject to the terms of the applicable award agreement.