0001415889-24-007951.txt : 20240314
0001415889-24-007951.hdr.sgml : 20240314
20240314152124
ACCESSION NUMBER: 0001415889-24-007951
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240312
FILED AS OF DATE: 20240314
DATE AS OF CHANGE: 20240314
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Cretella Risa
CENTRAL INDEX KEY: 0001882785
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40837
FILM NUMBER: 24749420
MAIL ADDRESS:
STREET 1: C/O SOVOS BRANDS, INC.
STREET 2: 168 CENTENNIAL PARKWAY, SUITE 200
CITY: LOUISVILLE
STATE: CO
ZIP: 80027
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Sovos Brands, Inc.
CENTRAL INDEX KEY: 0001856608
STANDARD INDUSTRIAL CLASSIFICATION: FOOD & KINDRED PRODUCTS [2000]
ORGANIZATION NAME: 04 Manufacturing
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0728
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
form4-03142024_070319.xml
X0508
4
2024-03-12
1
0001856608
Sovos Brands, Inc.
SOVO
0001882785
Cretella Risa
C/O SOVOS BRANDS, INC.
168 CENTENNIAL PARKWAY, SUITE 200
LOUISVILLE
CO
80027
false
true
false
false
CHIEF SALES OFFICER
0
Common Stock
2024-03-12
4
A
0
98694
0
A
356808
D
Common Stock
2024-03-12
4
D
0
8692
D
348116
D
Common Stock
2024-03-12
4
D
0
192799
D
155317
D
Common Stock
2024-03-12
4
D
0
155317
D
0
D
Represents relative total shareholder return (rTSR) performance-based restricted stock units for which performance achievement was certified in connection with the Merger as defined in footnote 2. Numbers reported reflect such certified performance.
Disposed of in connection with the acquisition of the Issuer (the "Merger") by Campbell Soup Company ("Campbell's") pursuant to the Agreement and Plan of Merger, dated August 7, 2023 (the "Merger Agreement"), among Campbell's, Premium Products Merger Sub, Inc., and the Issuer.
Shares of Issuer restricted common stock were forfeited pursuant to the terms of the applicable award agreements.
Shares of the Issuer common stock were cancelled and converted into the right to receive an amount in cash of $23.00 per share pursuant to the Merger Agreement.
Restricted stock units and certified rTSR performance-based restricted units previously granted to the Reporting Person by the Issuer were cancelled and converted into Campbell's restricted stock units in respect of Campbell's common stock at an exchange ratio of 0.5374 with the same vesting terms as the original grant pursuant to the Merger Agreement.
/s/ Isobel A. Jones, Attorney-in-Fact
2024-03-14