0001127602-24-015925.txt : 20240517 0001127602-24-015925.hdr.sgml : 20240517 20240517180732 ACCESSION NUMBER: 0001127602-24-015925 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240515 FILED AS OF DATE: 20240517 DATE AS OF CHANGE: 20240517 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Mason Christopher Scott CENTRAL INDEX KEY: 0001747554 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38603 FILM NUMBER: 24961798 MAIL ADDRESS: STREET 1: C/O SONOS, INC. STREET 2: 614 CHAPALA STREET CITY: SANTA BARBARA STATE: CA ZIP: 93101 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Sonos Inc CENTRAL INDEX KEY: 0001314727 STANDARD INDUSTRIAL CLASSIFICATION: HOUSEHOLD AUDIO & VIDEO EQUIPMENT [3651] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 030479476 STATE OF INCORPORATION: DE BUSINESS ADDRESS: STREET 1: 301 COROMAR DRIVE CITY: SANTA BARBARA STATE: CA ZIP: 93117 BUSINESS PHONE: 805-965-3001 MAIL ADDRESS: STREET 1: 301 COROMAR DRIVE CITY: SANTA BARBARA STATE: CA ZIP: 93117 4 1 form4.xml PRIMARY DOCUMENT X0508 4 2024-05-15 0001314727 Sonos Inc SONO 0001747554 Mason Christopher Scott C/O SONOS, INC. 301 COROMAR DRIVE SANTA BARBARA CA 93117 1 Principal Accounting Officer 0 Common Stock 2024-05-15 4 M 0 4669 A 123848 D Common Stock 2024-05-15 4 F 0 1839 17.32 D 122009 D Common Stock 2024-05-15 4 M 0 20000 11.275 A 142009 D Common Stock 2024-05-15 4 S 0 20000 17.57 D 122009 D Restricted Stock Units 2024-05-15 4 M 0 169 0 D Common Stock 169 100401 D Restricted Stock Units 2024-05-15 4 M 0 4500 0 D Common Stock 4500 95901 D Restricted Stock Units 2024-05-15 4 A 0 40881 0 A Common Stock 40881 136782 D Employee Stock Option (Right to Buy) 11.275 2024-05-15 4 M 0 20000 0 D 2024-07-31 Common Stock 20000 30000 D Vesting of restricted stock units ("RSUs") previously granted to the Reporting Person. Each RSU represents a contingent right to receive 1 share of the Issuer's Common Stock upon vesting and settlement for no consideration. Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were withheld by the Issuer in accordance with the agreement governing the RSUs to satisfy federal and state tax withholding obligations of the Reporting Person resulting from the vesting and settlement of RSUs. The reported transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person prior to the effectiveness of the revised requirements of Rule 10b5-1(c). These RSUs will vest on the following schedule: 6.25% of the shares subject to the RSU will vest quarterly in year 1 following the vesting commencement date of November 15, 2021; 12.5% of the shares subject to the RSU will vest quarterly in year 2; and 6.25% of the shares subject to the RSU will vest quarterly in year 3, in each case subject to the continuing employment of the Reporting Person on each vesting date. The RSUs are subject to double-trigger acceleration. 1/16 of the shares subject to the RSUs vest in equal installments on each quarterly anniversary date following the applicable vesting commencement date, until such time as the RSUs are 100% vested, subject to the continuing employment of the Reporting Person on each vesting date. The RSUs are subject to double-trigger acceleration. One half of the shares subject to the RSUs will vest on each of the second and third anniversaries of the grant date of May 15, 2024, subject to the continuing employment of the Reporting Person on each vesting date. The RSUs are subject to double-trigger acceleration. The stock option is fully vested. /s/ Rebecca Schuster by power of attorney 2024-05-17