Shamayne Braman - Jan 11, 2023 Form 3 Insider Report for Sonos Inc (SONO)

Role
Chief People Officer
Signature
/s/ Rebecca Schuster, by power of attorney
Stock symbol
SONO
Transactions as of
Jan 11, 2023
Transactions value $
$0
Form type
3
Date filed
1/27/2023, 04:07 PM
Next filing
Feb 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SONO Common Stock 3.38K Jan 11, 2023 Direct

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
holding SONO Restricted Stock Units Jan 11, 2023 Common Stock 14.6K Direct F1, F2
holding SONO Restricted Stock Units Jan 11, 2023 Common Stock 15.9K Direct F1, F3
holding SONO Restricted Stock Units Jan 11, 2023 Common Stock 32.2K Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Common Stock upon vesting and settlement for no consideration.
F2 1/16 of the shares subject to the RSUs vest in equal installments on each quarterly anniversary date of the vesting commencement date of November 15, 2021, 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.
F3 The shares subject to the RSUs vest in full on the third anniversary of the grant date of February 15, 2022, subject to the continuing employment of the Reporting Person on such vesting date. The RSUs are subject to double-trigger acceleration.
F4 1/12 of the shares subject to the RSUs vest in equal installments on each quarterly anniversary date following the vesting commencement date of November 15, 2022, 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.