SEC Form 4 · accession 0001127602-16-063141
WILLIAMS SONOMA INC · WSM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Janet Hayes
Officer — PRESIDENT WS BRAND
Period of report
Sep 21, 2016
Accepted (ET)
Sep 23, 2016 · 8:32 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 StockF1 | Sep 21, 2016 | S | 13,158 | $49.64 | D | 32,776 | D | |
| Common Stock | Sep 21, 2016 | M | 22,004 | $40.87 | A | 54,780 | D | |
| Common StockF2 | Sep 21, 2016 | F | 2,040 | $49.70 | D | 52,740 | D | |
| Common StockF3 | Sep 21, 2016 | D | 18,095 | $49.70 | D | 34,645 | D | |
| Common Stock | Sep 23, 2016 | S | 1,869 | $50.48 | D | 32,776 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation RightsF4 | $40.87 | Sep 21, 2016 | M | 22,004 | D | — | Apr 5, 2018 | Common Stock | 22,004 | 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 $49.61 to $49.65. 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.
- F2Reflects 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.
- F3Reflects the number of shares retained by the issuer in connection with the reporting person's exercise of a stock-settled stock appreciation right.
- F4These stock settled-stock appreciation rights became fully vested and exercisable on April 5, 2015.