SEC Form 4 · accession 0001127602-15-018858
WILLIAMS SONOMA INC · WSM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sandra Stangl
Officer — PRESIDENT POTTERY BARN BRANDS
Period of report
May 26, 2015
Accepted (ET)
May 28, 2015 · 5:52 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 | May 26, 2015 | M | 50,780 | $40.87 | A | 101,456 | D | |
| Common StockF1 | May 26, 2015 | F | 12,783 | $78.96 | D | 88,673 | D | |
| Common StockF2 | May 26, 2015 | D | 26,284 | $78.96 | D | 62,389 | D | |
| Common StockF3 | May 26, 2015 | S | 23,071 | $77.97 | D | 39,318 | D | |
| Common StockF4 | holding | — | — | — | 5,822 | I | By Managed Account |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation RightsF5 | $40.87 | May 26, 2015 | M | 50,780 | D | — | Apr 5, 2018 | Common Stock | 50,780 | 0 | D |
Explanation of responses
- F1Reflects the number of shares retained by the issuer to satisfy tax withholding requirements in connection with the reporting person's exercise of a stock-settled stock appreciation right.
- F2Reflects the number of shares retained by the issuer in connection with the reporting person's exercise of a stock-settled stock appreciation right.
- F3Reflects the weighted average price as the shares were sold in multiple transactions. The per share transaction price ranged from $77.64 to $78.88. 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.
- F4Represents 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 May 26, 2015.
- F5These stock appreciation rights are fully vested and immediately exercisable.