William R. Johnson - Jun 7, 2023 Form 4 Insider Report for Sovos Brands, Inc. (SOVO)

Role: Director
Signature: /s/ Isobel A. Jones, Attorney-in-Fact
Stock symbol: SOVO
Transactions as of: Jun 7, 2023
Transactions value $: $0
Form type: 4
Date filed: 6/9/2023, 09:15 PM
Previous filing: May 5, 2023
Next filing: Mar 14, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SOVO	Common Stock	Award	$0	+10.4K	+0.73%	$0.00	1.43M	Jun 7, 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 a grant of restricted stock units, which vest upon the earlier of one year after the grant date and the next annual meeting of stockholders, subject to continued service and other terms of the award agreement.
F2	Includes 91,943 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 December 30, 2023, September 23, 2024 or September 23. 2025, if original performance goals are not earlier achieved), 132,109 restricted shares of common stock of the Issuer subject to performance-based vesting and the Reporting Person's continued service with the Issuer, and 65,976 restricted stock units subject to time-based vesting, subject to the terms of the applicable award agreement.

Content

Represents a grant of restricted stock units, which vest upon the earlier of one year after the grant date and the next annual meeting of stockholders, subject to continued service and other terms of the award agreement.

Includes 91,943 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 December 30, 2023, September 23, 2024 or September 23. 2025, if original performance goals are not earlier achieved), 132,109 restricted shares of common stock of the Issuer subject to performance-based vesting and the Reporting Person's continued service with the Issuer, and 65,976 restricted stock units subject to time-based vesting, subject to the terms of the applicable award agreement.