Risa Cretella - Feb 10, 2023 Form 4 Insider Report for Sovos Brands, Inc. (SOVO)

Signature
/s/ James Potter, Attorney-in-Fact
Stock symbol
SOVO
Transactions as of
Feb 10, 2023
Transactions value $
$0
Form type
4
Date filed
2/14/2023, 07:16 PM
Previous filing
Jan 19, 2023
Next filing
Mar 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SOVO Common Stock Award $0 +21.6K +7.5% $0.00 309K Feb 10, 2023 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 36,123 restricted shares of common stock of the Issuer subject to time-based vesting and the Reporting Person's continued service with the Issuer (a portion of which will vest on September 23, 2024 or September 23, 2025), 78,440 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 2023, if such performance goals are not earlier achieved), and 90,751 restricted stock units subject to time-based vesting, subject to the terms of the applicable award agreement.