Matthew O. Siegel - Jun 21, 2022 Form 4 Insider Report for Sonos Inc (SONO)

Role
Chief Commercial Officer
Signature
/s/ Robert Capilupi by power of attorney
Stock symbol
SONO
Transactions as of
Jun 21, 2022
Transactions value $
-$854,994
Form type
4
Date filed
6/23/2022, 04:29 PM
Previous filing
May 17, 2022
Next filing
Aug 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SONO Common Stock Options Exercise $1.69M +113K +164.82% $15.03 181K Jun 21, 2022 Direct F1
transaction SONO Common Stock Options Exercise $605K +40.3K +22.28% $15.00 221K Jun 21, 2022 Direct F1
transaction SONO Common Stock Options Exercise $755K +50K +22.6% $15.11 271K Jun 21, 2022 Direct F1
transaction SONO Common Stock Sale -$2.17M -113K -41.52% $19.26 159K Jun 21, 2022 Direct F1, F2
transaction SONO Common Stock Sale -$882K -45.8K -28.89% $19.25 113K Jun 21, 2022 Direct F1, F3
transaction SONO Common Stock Sale -$81K -4.17K -3.69% $19.44 109K Jun 21, 2022 Direct F1
transaction SONO Common Stock Sale -$774K -40.3K -37.1% $19.21 68.3K Jun 21, 2022 Direct F1, F4

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 -50K -100% $0.00* 0 Jun 21, 2022 Common Stock 50K $15.11 Direct F1, F5
transaction SONO Employee Stock Option (right to buy) Options Exercise $0 -113K -100% $0.00* 0 Jun 21, 2022 Common Stock 113K $15.03 Direct F1, F5
transaction SONO Employee Stock Option (right to buy) Options Exercise $0 -40.3K -93.75% $0.00 2.69K Jun 21, 2022 Common Stock 40.3K $15.00 Direct F1, F6
* 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 Represents the weighted average sales price per share. The shares sold at prices ranging from $19.00 to $19.515 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
F3 Represents the weighted average sales price per share. The shares sold at prices ranging from $19.00 to $19.46 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
F4 Represents the weighted average sales price per share. The shares sold at prices ranging from $19.00 to $19.50 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
F5 The stock option is fully vested.
F6 25% of the option vested and became exercisable on August 1, 2019, and thereafter will vest in equal quarterly installments over three years, beginning on November 11, 2019.