Quick Takeaways
- This page summarizes Patrick Spence's Form 4 filing for Sonos Inc (SONO).
- 2 reported transactions and 1 derivative row are listed below.
- Filing timestamp: 09 Nov 2022, 17:26.
Patrick Spence - 07 Nov 2022 Form 4 Insider Report for Sonos Inc (SONO)
- Signature
- /s/ Robert Capilupi by power of attorney
- Issuer symbol
- SONO
- Transactions as of
- 07 Nov 2022
- Net transactions value
- $0
- Form type
- 4
- Filing time
- 09 Nov 2022, 17:26:31 UTC
- Previous filing
- 17 Aug 2022
- Next filing
- 17 Nov 2022
- SEC
- View on sec.gov
Quoteable Key Fact
"Patrick Spence filed Form 4 for Sonos Inc (SONO) on 09 Nov 2022."
What Changed
- Previous filing in this sequence was filed on 17 Aug 2022.
- Current net transaction value: $0.
Why This Matters
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Source Evidence
Filed on Form 4
See Original Filing
Ownership activity is grounded in SEC Form 4 disclosures.
Transactions Table
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SONO | Common Stock | Options Exercise | +250,263 | +33% | 1,003,065 | 07 Nov 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 | Performance Share Units | Options Exercise | $0 | -250,263 | -100% | $0.000000* | 0 | 07 Nov 2022 | Common Stock | 250,263 | Direct | F1, F2, F3 |
* An asterisk sign (*) next to the price indicates that the price is likely invalid.
Explanation of Responses:
| Id | Content |
|---|---|
| F1 | Vesting of performance stock units ("PSUs") previously granted to the Reporting Person and earned in November 2021. |
| F2 | Each PSU represents a contingent right to receive 1 share of the Issuer's Common Stock upon vesting and settlement for no consideration. |
| F3 | Each PSU represents the right to receive, following vesting, between 0% and 200% of the target award based upon achievement of pre-established one year performance goals, as determined by the Compensation, People, and Diversity & Inclusion Committee (the "Committee"). The Committee determined achievement of such goals for fiscal 2021 at a level of 190.2%. Such PSUs vested on November 7, 2022. |