SEC Form 4 · accession 0001127602-15-012578
WILLIAMS SONOMA INC · WSM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Pat Connolly
Officer — EVP · Director
Period of report
Mar 23, 2015
Accepted (ET)
Mar 25, 2015 · 5:55 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000719955
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 23, 2015 | M | 40,000 | $38.84 | A | 490,577 | D | |
| Common StockF1 | Mar 23, 2015 | S | 40,000 | $79.65 | D | 450,577 | D | |
| Common StockF2 | holding | — | — | — | 38,889 | I | By Managed Account | |
| Common Stock | holding | — | — | — | 225,000 | I | By LLC |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-qualified Stock Option (Right to Buy)F3 | $38.84 | Mar 23, 2015 | M | 40,000 | D | May 27, 2006 | May 27, 2015 | Common Stock | 40,000 | 0 | D |
Explanation of responses
- F1Reflects the weighted average price as the shares were sold in multiple transactions. The per share transaction price ranged from $79.17 to $79.92. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- F2Represents the number of shares held by the reporting person in the Williams-Sonoma, Inc. Stock Fund under the Williams-Sonoma, Inc. 401(k) Plan, based on a statement dated March 24, 2015.
- F3These stock options are fully vested and immediately exercisable.