Patrick Spence - 15 Jul 2022 Form 4 Insider Report for Sonos Inc (SONO)

Role
Chief Executive Officer, Director
Signature
/s/ Robert Capilupi by power of attorney
Issuer symbol
SONO
Transactions as of
15 Jul 2022
Net transactions value
-$804,301
Form type
4
Filing time
19 Jul 2022, 17:51:10 UTC
Previous filing
17 May 2022
Next filing
17 Aug 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SONO Common Stock Options Exercise $432,442 +98,844 +14% $4.38 792,927 15 Jul 2022 Direct F1
transaction SONO Common Stock Sale $1,236,743 -65,237 -8.2% $18.96 727,690 15 Jul 2022 Direct F1, F2

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 -98,844 -100% $0.000000* 0 15 Jul 2022 Common Stock 98,844 $4.38 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 Represents the weighted average sales price per share. The shares sold at prices ranging from $18.68 to $19.28 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 The stock option is fully vested.