SEC Form 4 · accession 0001127602-17-015209
WILLIAMS SONOMA INC · WSM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Laura Alber
Officer — PRESIDENT & CEO · Director
Period of report
Apr 18, 2017
Accepted (ET)
Apr 20, 2017 · 7:15 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 | Mar 21, 2017 | G | 4,000 | $0.00 | D | 303,658 | D | |
| Common Stock | Apr 18, 2017 | M | 20,522 | $0.00 | A | 324,180 | D | |
| Common StockF1 | Apr 18, 2017 | F | 10,709 | $54.12 | D | 313,471 | D | |
| Common Stock | Apr 20, 2017 | M | 16,338 | $0.00 | A | 329,809 | D | |
| Common StockF1 | Apr 20, 2017 | F | 8,526 | $54.40 | D | 321,283 | D | |
| Common StockF2 | holding | — | — | — | 13,995 | 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 18, 2017 | M | 20,522 | D | — | — | Common Stock | 20,522 | 61,566 | D |
| Restricted Stock UnitsF3,F6,F5 | — | Apr 20, 2017 | M | 16,338 | D | — | — | Common Stock | 16,338 | 32,675 | 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 19, 2017.
- 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 2017, 2018, 2019, and 2020. 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 2016, 2017, 2018, and 2019. Vesting of these units is subject to a performance metric.