SEC Form 4 · accession 0001127602-16-049531
WILLIAMS SONOMA INC · WSM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James W. Brett Jr.
Officer — PRESIDENT WEST ELM BRAND
Period of report
Apr 16, 2016
Accepted (ET)
Apr 19, 2016 · 7:26 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 | Apr 16, 2016 | M | 20,043 | $0.00 | A | 41,294 | D | |
| Common StockF1 | Apr 16, 2016 | F | 11,189 | $60.91 | D | 30,105 | D | |
| Common StockF2 | holding | — | — | — | 1,993 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F4,F5 | — | Apr 16, 2016 | M | 20,043 | D | — | — | Common Stock | 20,043 | 0 | D |
Explanation of responses
- F1Represents the number of shares withheld upon vesting of restricted stock units to cover tax withholding obligations.
- 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 April 18, 2016.
- F3Each restricted stock unit represents a contingent right to receive one share of WSM common stock.
- F4The restricted stock units vested in two equal installments on April 16, 2014 and April 16, 2016. Vesting of these units was subject to a performance metric.
- F5The restricted stock units are cancelled upon vesting and delivery of shares of WSM common stock.