ex24-08262022_020801.htm

0001415889-22-009128.txt : 20220826 0001415889-22-009128.hdr.sgml : 20220826 20220826175112 ACCESSION NUMBER: 0001415889-22-009128 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20220825 FILED AS OF DATE: 20220826 DATE AS OF CHANGE: 20220826 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: LACHMAN TODD R CENTRAL INDEX KEY: 0001243126 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-40837 FILM NUMBER: 221206483 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Sovos Brands, Inc. CENTRAL INDEX KEY: 0001856608 STANDARD INDUSTRIAL CLASSIFICATION: FOOD & KINDRED PRODUCTS [2000] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 168 CENTENNIAL PARKWAY STREET 2: SUITE 200 CITY: LOUISVILLE STATE: CO ZIP: 80027 BUSINESS PHONE: (702) 316-1225 MAIL ADDRESS: STREET 1: 168 CENTENNIAL PARKWAY STREET 2: SUITE 200 CITY: LOUISVILLE STATE: CO ZIP: 80027 4 1 form4-08262022_020800.xml X0306 4 2022-08-25 0001856608 Sovos Brands, Inc. SOVO 0001243126 LACHMAN TODD R C/O SOVOS BRANDS, INC. 168 CENTENNIAL PARKWAY, SUITE 200 LOUISVILLE CO 80027 true true false false PRESIDENT AND CEO Common Stock 2022-08-25 4 S 0 10000 15 D 2535348 D Common Stock 2022-08-25 4 S 0 2500 15 D 474828 I By trust This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on 6/08/2022. The Rule 10b5-1 trading plan, which was structured to include several sale periods, was established as part of the Reporting Person's long-term strategy for asset diversification and financial, retirement, estate and tax planning activities over a period of time. Represents actual sale price. Includes 3,595 restricted shares of common stock of the Issuer subject to time-based vesting and the Reporting Person's continued service with the Issuer, 741,460 restricted shares of common stock of the Issuer subject to performance-based vesting and the Reporting Person's continued service with the Issuer (a portion of which will vest on the last day of fiscal 2022 or the last day of fiscal 2023, if such performance goals are not earlier achieved), 356,039 restricted stock units subject to time-based vesting, and 394,059 restricted stock units subject to performance-based vesting, in each case, subject to the terms of the applicable award agreement. Includes 899 restricted shares of common stock of the Issuer subject to time-based vesting and 185,365 restricted shares of common stock of the Issuer subject to performance-based vesting, in each case, subject to the Reporting Person's continued service with the Issuer and the terms of the applicable award agreement. /s/ James Potter, Attorney-in-Fact 2022-08-26 EX-24 2 ex24-08262022_020801.htm ex24-08262022_020801.htm

POWER OF ATTORNEY

Know all by these presents, that the undersigned hereby constitutes each of Christopher Hall, Isobel Jones and James Potter, with full power of substitution, the undersigned’s true and lawful attorney-in-fact to:

prepare, execute in the undersigned’s name and on the undersigned’s behalf, and submit to the U.S. Securities and Exchange Commission (the “SEC”) any documents necessary or appropriate to obtain codes and passwords enabling the undersigned to make electronic filings with the SEC of reports required by Section 16(a) of the Securities Exchange Act of 1934 or any rule or regulation of the SEC;

execute for and on behalf of the undersigned with respect to Sovos Brands, Inc. (the “Company”), Schedules 13D and 13G and Forms 3, 4, and 5 in accordance with Sections 13 and 16(a) of the Securities Exchange Act of 1934 and the rules thereunder;

do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete and execute any such Schedules 13D or 13G or Form 3, 4, or 5, complete and execute any amendment or amendments thereto, and timely file such form with the SEC and any stock exchange or similar authority; and

take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in such attorney-in-fact’s discretion.

The undersigned hereby grants to such attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that such attorney-in-fact, or such attorney-in-fact’s substitute or substitutes, shall lawfully do or cause to be done by virtue of this power of attorney and the rights and powers herein granted. The undersigned acknowledges that the foregoing attorney-in-fact, in serving in such capacity at the request of the undersigned, are not assuming, nor is the Company assuming any of the undersigned’s responsibilities to comply with Sections 13 and 16 of the Securities Exchange Act of 1934.

This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms 3, 4, and 5 with respect to the undersigned’s holdings of and transactions in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorney-in-fact.

IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 25th day of August, 2022.


Very truly yours,
	/s/ Todd Lachman
	Name: Todd R. Lachman