Edward P. Lazarus - Sep 1, 2022 Form 4 Insider Report for Sonos Inc (SONO)

Role
CLO & Interim CFO
Signature
/s/ Robert Capilupi by power of attorney
Stock symbol
SONO
Transactions as of
Sep 1, 2022
Transactions value $
$0
Form type
4
Date filed
9/6/2022, 04:31 PM
Previous filing
Aug 17, 2022
Next filing
Nov 17, 2022

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 Restricted Stock Units Award $0 +220K +202.31% $0.00 328K Sep 1, 2022 Common Stock 220K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each RSU represents a contingent right to receive 1 share of the Issuer's Common Stock upon vesting and settlement for no consideration.
F2 One half of the shares subject to the RSUs will vest on each of the one year and two year anniversaries of the grant date, until such time as the RSUs are 100% vested, subject to the continuing employment of the Reporting Person on each vesting date. The RSUs are subject to double - trigger acceleration.