Patrick Spence - Jan 6, 2022 Form 4 Insider Report for Sonos Inc (SONO)

Role
Chief Executive Officer, Director
Signature
/s/ Robert Capilupi by power of attorney
Stock symbol
SONO
Transactions as of
Jan 6, 2022
Transactions value $
$427,040
Form type
4
Date filed
1/10/2022, 04:30 PM
Previous filing
Jan 5, 2022
Next filing
Jan 20, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SONO Common Stock Options Exercise $15.40 +1 +0% $15.44 541K Jan 6, 2022 Direct F1
transaction SONO Common Stock Options Exercise $107K +7.1K +1.31% $15.03 548K Jan 6, 2022 Direct F1
transaction SONO Common Stock Options Exercise $27.1K +5.41K +0.99% $5.00 554K Jan 6, 2022 Direct F1
transaction SONO Common Stock Options Exercise $100K +8.87K +1.6% $11.28 562K Jan 6, 2022 Direct F1
transaction SONO Common Stock Options Exercise $193K +14.3K +2.53% $13.56 577K Jan 6, 2022 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SONO Employee Stock Option (right to buy) Options Exercise $0 -1 0% $0.00 437K Jan 6, 2022 Common Stock 1 $15.44 Direct F1, F2
transaction SONO Employee Stock Option (right to buy) Options Exercise $0 -7.1K -4.47% $0.00 152K Jan 6, 2022 Common Stock 7.1K $15.03 Direct F1, F3
transaction SONO Employee Stock Option (right to buy) Options Exercise $0 -1.33K -100% $0.00* 0 Jan 6, 2022 Common Stock 1.33K $13.56 Direct F1, F3
transaction SONO Employee Stock Option (right to buy) Options Exercise $0 -10.5K -100% $0.00* 0 Jan 6, 2022 Common Stock 10.5K $13.56 Direct F1, F3
transaction SONO Employee Stock Option (right to buy) Options Exercise $0 -2.38K -99.58% $0.00 10 Jan 6, 2022 Common Stock 2.38K $13.56 Direct F1, F3
transaction SONO Employee Stock Option (right to buy) Options Exercise $0 -8.87K -100% $0.00* 0 Jan 6, 2022 Common Stock 8.87K $11.28 Direct F1, F3
transaction SONO Employee Stock Option (right to buy) Options Exercise $0 -5.41K -100% $0.00* 0 Jan 6, 2022 Common Stock 5.41K $5.00 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported transactions were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
F2 The stock option vested as to 1/2 of the total number of shares subject to the stock option on November 15, 2021 and will vest as to the remaining 1/2 of the total number of shares subject to the stock option on November 15, 2022, subject to the continuing employment of the Reporting Person on such vesting date.
F3 The stock option is fully vested.