Isobel A. Jones - Jan 13, 2022 Form 4 Insider Report for Sovos Brands, Inc. (SOVO)

Role: CLO, GC AND SECRETARY
Signature: /s/ Isobel A. Jones
Stock symbol: SOVO
Transactions as of: Jan 13, 2022
Transactions value $: $0
Form type: 4
Date filed: 1/18/2022, 05:02 PM
Previous filing: Sep 23, 2021
Next filing: Jan 19, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SOVO	Common Stock	Award	$0	+39.6K	+35.81%	$0.00	150K	Jan 13, 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 224 restricted shares of common stock of the Issuer subject to time-based vesting and the Reporting Person's continued service with the Issuer, 47,458 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), 64,603 restricted stock units subject to time-based vesting, and 25,000 restricted stock units subject to performance-based vesting, in each case, subject to the terms of the applicable award agreement.

Content

Represents restricted stock units subject to time-based vesting and the terms of the award agreement.

Includes 224 restricted shares of common stock of the Issuer subject to time-based vesting and the Reporting Person's continued service with the Issuer, 47,458 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), 64,603 restricted stock units subject to time-based vesting, and 25,000 restricted stock units subject to performance-based vesting, in each case, subject to the terms of the applicable award agreement.