Lisa Y. O'Driscoll - Jan 13, 2022 Form 4 Insider Report for Sovos Brands, Inc. (SOVO)

Role: CHIEF ADMINISTRATIVE OFFICER
Signature: /s/ Isobel A. Jones, Attorney-in-Fact
Stock symbol: SOVO
Transactions as of: Jan 13, 2022
Transactions value $: $0
Form type: 4
Date filed: 1/18/2022, 05:05 PM
Previous filing: Sep 23, 2021
Next filing: Jan 23, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SOVO	Common Stock	Award	$0	+8.49K	+3.12%	$0.00	280K	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 3,434 restricted shares of common stock of the Issuer subject to time-based vesting and the Reporting Person's continued service with the Issuer, 144,210 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), 29,319 restricted stock units subject to time-based vesting, and 20,833 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 3,434 restricted shares of common stock of the Issuer subject to time-based vesting and the Reporting Person's continued service with the Issuer, 144,210 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), 29,319 restricted stock units subject to time-based vesting, and 20,833 restricted stock units subject to performance-based vesting, in each case, subject to the terms of the applicable award agreement.