William R. Johnson - 12 Mar 2024 Form 4 Insider Report for Sovos Brands, Inc.

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
14 Mar 2024, 15:33:16 UTC
Prior SEC filing
09 Jun 2023
Next SEC filing
03 May 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Isobel A. Jones, Attorney-in-Fact

Key filing fact

William R. Johnson filed Form 4 for Sovos Brands, Inc. on 14 Mar 2024.

Key facts

  • This page summarizes William R. Johnson's Form 4 filing for Sovos Brands, Inc..
  • 3 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 14 Mar 2024, 15:33.

Change

  • Previous filing in this sequence was filed on 09 Jun 2023.
  • Current net transaction value: $0.

Research use

  • 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.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SOVO transaction

Common Stock

Disposed to Issuer

Transaction value
Shares
-17,187
Change %
-1.2%
Price
Shares after
1,417,551
Date
12 Mar 2024
Ownership
Direct
Footnotes
F1, F2
SOVO transaction

Common Stock

Disposed to Issuer

Transaction value
Shares
-1,365,560
Change %
-96%
Price
Shares after
51,991
Date
12 Mar 2024
Ownership
Direct
Footnotes
F1, F3
SOVO transaction

Common Stock

Disposed to Issuer

Transaction value
Shares
-51,991
Change %
-100%
Price
Shares after
0
Date
12 Mar 2024
Ownership
Direct
Footnotes
F1, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

William R. Johnson is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 4 footnotes

Footnote F1

Disposed of in connection with the acquisition of the Issuer (the "Merger") by Campbell Soup Company ("Campbell's") pursuant to the Agreement and Plan of Merger, dated August 7, 2023 (the "Merger Agreement"), among Campbell's, Premium Products Merger Sub, Inc., and the Issuer.

Footnote F2

Shares of Issuer restricted common stock were forfeited pursuant to the terms of the applicable award agreements.

Footnote F3

Shares of the Issuer common stock were cancelled and converted into the right to receive an amount in cash of $23.00 per share pursuant to the Merger Agreement.

Footnote F4

Restricted stock units previously granted to the Reporting Person by the Issuer were cancelled and converted into the right to receive an amount in cash of $23.00 per share pursuant to the Merger Agreement.

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