SEC Form 4 · accession 0001127602-16-043050
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
Feb 19, 2016
Accepted (ET)
Feb 23, 2016 · 7:13 pm EST
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 | Feb 19, 2016 | M | 50,000 | $40.44 | A | 508,742 | D | |
| Common StockF1 | Feb 19, 2016 | F | 5,717 | $57.91 | D | 503,025 | D | |
| Common StockF2 | Feb 19, 2016 | D | 34,917 | $57.91 | D | 468,108 | D | |
| Common StockF3 | holding | — | — | — | 39,915 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Settled Stock Appreciation Right (ssar)F4 | $40.44 | Feb 19, 2016 | M | 50,000 | D | Mar 15, 2007 | Mar 15, 2016 | Common Stock | 50,000 | 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.
- F3Represents 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 February 19, 2016.
- F4These stock-settled stock appreciation rights vested at a rate of 20% per year over five years, becoming partially vested on March 15, 2007 and fully vested and immediately exercisable on March 15, 2011.