0001127602-24-022517.txt : 20240819
0001127602-24-022517.hdr.sgml : 20240819
20240819173021
ACCESSION NUMBER: 0001127602-24-022517
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240815
FILED AS OF DATE: 20240819
DATE AS OF CHANGE: 20240819
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Lazarus Edward P
CENTRAL INDEX KEY: 0001610766
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38603
FILM NUMBER: 241221929
MAIL ADDRESS:
STREET 1: C/O TRIBUNE COMPANY
STREET 2: 435 NORTH MICHIGAN AVENUE
CITY: CHICAGO
STATE: IL
ZIP: 60611
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
2024-08-15
0001314727
Sonos Inc
SONO
0001610766
Lazarus Edward P
C/O SONOS, INC.
301 COROMAR DRIVE
SANTA BARBARA
CA
93117
1
Chief Legal & Strategy Officer
0
Common Stock
2024-08-15
4
M
0
3975
A
272079
D
Common Stock
2024-08-15
4
F
0
1420
11.21
D
270659
D
Restricted Stock Units
2024-08-15
4
M
0
1752
0
D
Common Stock
1752
223607
D
Restricted Stock Units
2024-08-15
4
M
0
2223
0
D
Common Stock
2223
221384
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.
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.
/s/ Rebecca Schuster by power of attorney
2024-08-19