SEC Form 4 · accession 0001567619-19-006792
Sonos Inc · SONO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Giannetto
Officer — Chief Financial Officer
Period of report
Mar 11, 2019
Accepted (ET)
Mar 13, 2019 · 5:45 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001314727
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 11, 2019 | M | 30,000 | $5.00 | A | 30,000 | D | |
| Common Stock | Mar 11, 2019 | S | 5,000 | $10.00 | D | 25,000 | D | |
| Common StockF2,F3 | Mar 11, 2019 | S | 25,000 | $9.9227 | D | 0 | D |
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)F4 | $5.00 | Mar 11, 2019 | M | 30,000 | D | — | Jun 30, 2023 | Common Stock | 30,000 | 19,230 | D |
Explanation of responses
- F1The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
- F2Represents the aggregate of sales effected on the same day at different prices.
- F3Represents the weighted average sales price per share. The shares sold at prices ranging from $9.80 to $10.04 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.
- F4The stock option is fully vested and immediately exercisable.