SEC Form 4 · accession 0001127602-16-049785
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 20, 2016
Accepted (ET)
Apr 22, 2016 · 6:49 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 20, 2016 | M | 5,718 | $0.00 | A | 35,823 | D | |
| Common StockF1 | Apr 20, 2016 | F | 3,192 | $59.69 | D | 32,631 | D | |
| Common Stock | Apr 20, 2016 | M | 3,267 | $0.00 | A | 35,898 | D | |
| Common StockF1 | Apr 20, 2016 | F | 1,824 | $59.69 | D | 34,074 | D | |
| Common Stock | Apr 22, 2016 | M | 7,991 | $0.00 | A | 42,065 | D | |
| Common StockF1 | Apr 22, 2016 | F | 4,461 | $58.70 | D | 37,604 | 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 20, 2016 | M | 5,718 | D | — | — | Common Stock | 5,718 | 17,154 | D |
| Restricted Stock UnitsF3,F4,F5 | — | Apr 20, 2016 | M | 3,267 | D | — | — | Common Stock | 3,267 | 9,803 | D |
| Restricted Stock UnitsF3,F6,F5 | — | Apr 22, 2016 | M | 7,991 | D | — | — | Common Stock | 7,991 | 15,982 | 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 21, 2016.
- F3Each restricted stock unit represents a contingent right to receive one share of WSM common stock.
- F4The restricted stock units vest in four equal installments on each anniversary of the grant date in 2016, 2017, 2018, and 2019. Vesting of these units is subject to a performance metric.
- F5The restricted stock units are cancelled upon vesting and delivery of shares of WSM common stock.
- F6The restricted stock units vest in four equal installments on each anniversary of the grant date in 2015, 2016, 2017 and 2018. Vesting of these units is subject to a performance metric.