SEC Form 4 · accession 0001140361-18-035193
Sonos Inc · SONO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Patrick Spence
Officer — Chief Executive Officer · Director
Period of report
Aug 1, 2018
Accepted (ET)
Aug 2, 2018 · 5:03 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001314727
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F1 | $15.00 | Aug 1, 2018 | A | 200,000 | A | — | Jul 31, 2028 | Common Stock | 200,000 | 200,000 | D |
Explanation of responses
- F1The stock option will vest as to 1/4th of the total number of shares subject to the stock option on August 1, 2019, and thereafter shall vest as to 1/12th of the total number of shares subject to the stock option in equal quarterly installments beginning on November 1, 2019, until such time as the option is 100% vested, subject to the continuing employment of the Reporting Person on each vesting date.