Key facts
- This page summarizes Risa Cretella's Form 4 filing for Sovos Brands, Inc..
- 4 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 14 Mar 2024, 15:21.
Risa Cretella - 12 Mar 2024 Form 4 Insider Report for Sovos Brands, Inc.
- Reporting relationship
- CHIEF SALES OFFICER
- Issuer ticker
- N/A
- Reported as of
- 12 Mar 2024
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 14 Mar 2024, 15:21:24 UTC
- Prior SEC filing
- 14 Feb 2024
- Next SEC filing
- 05 Feb 2025
- Source filing
- View source filing
- Reporting owner signature
- /s/ Isobel A. Jones, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Risa Cretella filed Form 4 for Sovos Brands, Inc. on 14 Mar 2024.
Change
- Previous filing in this sequence was filed on 14 Feb 2024.
- 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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
SOVO
transaction
Common Stock
Award
- Transaction value
- $0
- Shares
- +98,694
- Change %
- +38%
- Price
- $0.000000
- Shares after
- 356,808
- Date
- 12 Mar 2024
- Ownership
- Direct
- Footnotes
- F1
SOVO
transaction
Common Stock
Disposed to Issuer
- Transaction value
- Shares
- -8,692
- Change %
- -2.4%
- Price
- Shares after
- 348,116
- Date
- 12 Mar 2024
- Ownership
- Direct
- Footnotes
- F2, F3
SOVO
transaction
Common Stock
Disposed to Issuer
- Transaction value
- Shares
- -192,799
- Change %
- -55%
- Price
- Shares after
- 155,317
- Date
- 12 Mar 2024
- Ownership
- Direct
- Footnotes
- F2, F4
SOVO
transaction
Common Stock
Disposed to Issuer
- Transaction value
- Shares
- -155,317
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 12 Mar 2024
- Ownership
- Direct
- Footnotes
- F2, F5
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Risa Cretella is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 5 footnotes
Footnote F1
Represents relative total shareholder return (rTSR) performance-based restricted stock units for which performance achievement was certified in connection with the Merger as defined in footnote 2. Numbers reported reflect such certified performance.
Footnote F2
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 F3
Shares of Issuer restricted common stock were forfeited pursuant to the terms of the applicable award agreements.
Footnote F4
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 F5
Restricted stock units and certified rTSR performance-based restricted units previously granted to the Reporting Person by the Issuer were cancelled and converted into Campbell's restricted stock units in respect of Campbell's common stock at an exchange ratio of 0.5374 with the same vesting terms as the original grant pursuant to the Merger Agreement.