Nicholas Millington - Feb 9, 2023 Form 4 Insider Report for Sonos Inc (SONO)

Role
Chief Innovation Officer
Signature
/s/ Rebecca Schuster, by power of attorney
Stock symbol
SONO
Transactions as of
Feb 9, 2023
Transactions value $
-$633,795
Form type
4
Date filed
2/10/2023, 04:04 PM
Previous filing
Nov 17, 2022
Next filing
Feb 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SONO Common Stock Options Exercise $209K +41.9K +14.22% $5.00 336K Feb 9, 2023 Direct F1
transaction SONO Common Stock Sale -$843K -41.9K -12.45% $20.13 295K Feb 9, 2023 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 -41.9K -100% $0.00* 0 Feb 9, 2023 Common Stock 41.9K $5.00 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 $20.00 to $20.68 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.