SEC Form 4 · accession 0001127602-17-015213
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 18, 2017
Accepted (ET)
Apr 20, 2017 · 7:37 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 18, 2017 | M | 10,630 | $0.00 | A | 35,608 | D | |
| Common StockF1 | Apr 18, 2017 | F | 5,934 | $54.12 | D | 29,674 | D | |
| Common Stock | Apr 20, 2017 | M | 5,718 | $0.00 | A | 35,392 | D | |
| Common StockF1 | Apr 20, 2017 | F | 3,192 | $54.40 | D | 32,200 | D | |
| Common Stock | Apr 20, 2017 | M | 3,268 | $0.00 | A | 35,468 | D | |
| Common StockF1 | Apr 20, 2017 | F | 1,825 | $54.40 | D | 33,643 | D | |
| Common StockF2 | holding | — | — | — | 2,249 | 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 | 10,630 | D | — | — | Common Stock | 10,630 | 31,891 | D |
| Restricted Stock UnitsF3,F6,F5 | — | Apr 20, 2017 | M | 5,718 | D | — | — | Common Stock | 5,718 | 11,436 | D |
| Restricted Stock UnitsF3,F6,F5 | — | Apr 20, 2017 | M | 3,268 | D | — | — | Common Stock | 3,268 | 6,535 | 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.