Key facts
- This page summarizes Patrick Spence's Form 4 filing for Sonos Inc (SONO).
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 05 Nov 2024, 17:21.
Patrick Spence - 01 Nov 2024 Form 4 Insider Report for Sonos Inc (SONO)
- Reporting relationship
- Chief Executive Officer, Director
- Issuer ticker
- SONO
- Reported as of
- 01 Nov 2024
- Net transaction value
- -$28,117
- SEC form
- 4
- Accepted by SEC
- 05 Nov 2024, 17:21:20 UTC
- Prior SEC filing
- 19 Aug 2024
- Next SEC filing
- 19 Nov 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Rebecca Schuster by power of attorney
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Patrick Spence filed Form 4 for Sonos Inc (SONO) on 05 Nov 2024.
Change
- Previous filing in this sequence was filed on 19 Aug 2024.
- Current net transaction value: -$28,117.
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.
SONO
transaction
Common Stock
Options Exercise
- Transaction value
- Shares
- +4,197
- Change %
- +0.4%
- Price
- Shares after
- 1,062,771
- Date
- 01 Nov 2024
- Ownership
- Direct
- Footnotes
- F1, F2
SONO
transaction
Common Stock
Tax liability
- Transaction value
- $28,117
- Shares
- -2,244
- Change %
- -0.21%
- Price
- $12.53
- Shares after
- 1,060,527
- Date
- 01 Nov 2024
- Ownership
- Direct
- Footnotes
- F3
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
SONO
transaction
Derivative
Performance Share Units
Options Exercise
- Transaction value
- $0
- Shares
- -4,197
- Change %
- -100%
- Price
- $0.000000
- Shares after
- 0
- Date
- 01 Nov 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 4,197
- Exercise price
- Footnotes
- F1, F2, F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 4 footnotes
Footnote F1
Vesting of performance share units ("PSUs") previously granted to the Reporting Person and earned in November 2023.
Footnote F2
Each PSU represents a contingent right to receive 1 share of the Issuer's Common Stock upon vesting and settlement for no consideration.
Footnote F3
Reflects shares withheld to cover tax liability with respect to the vesting of PSUs. Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were withheld by the Issuer in accordance with the agreement governing the PSUs to satisfy federal and state tax withholding obligations of the Reporting Person resulting from the vesting and subsequent settlement of PSUs.
Footnote F4
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 number of shares reported represents the number of PSUs that were earned for fiscal 2023 as a result of the achievement of performance criteria, as determined by the Committee on November 6, 2023. These PSUs were granted on November 15, 2021. Such PSUs vested on November 1, 2024.