0001562180-19-004989.txt : 20191001
0001562180-19-004989.hdr.sgml : 20191001
20191001163452
ACCESSION NUMBER: 0001562180-19-004989
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190204
FILED AS OF DATE: 20191001
DATE AS OF CHANGE: 20191001
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Millington Nicholas
CENTRAL INDEX KEY: 0001743324
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38603
FILM NUMBER: 191129549
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]
IRS NUMBER: 030479476
STATE OF INCORPORATION: DE
BUSINESS ADDRESS:
STREET 1: 614 CHAPALA STREET
CITY: SANTA BARBARA
STATE: CA
ZIP: 93101
BUSINESS PHONE: 805-965-3001
MAIL ADDRESS:
STREET 1: 614 CHAPALA STREET
CITY: SANTA BARBARA
STATE: CA
ZIP: 93101
4
1
primarydocument.xml
PRIMARY DOCUMENT
X0306
4
2019-02-04
false
0001314727
Sonos Inc
SONO
0001743324
Millington Nicholas
C/O SONOS, INC.
614 CHAPALA STREET
SANTA BARBARA
CA
93101
false
true
false
false
Chief Product Officer
Common Stock
2019-02-04
4
M
false
100000.00
1.15
A
115493.00
D
Common Stock
2019-05-15
4
F
false
384.00
10.59
D
115109.00
D
Common Stock
2019-08-15
4
M
false
17382.00
A
132491.00
D
Common Stock
2019-08-15
4
F
false
6011.00
11.91
D
126480.00
D
Common Stock
2019-08-19
4
S
false
21818.00
13.312
D
104662.00
D
Employee Stock Option (right to buy)
1.15
2019-02-04
4
M
false
100000.00
0.00
D
2019-05-28
Common Stock
100000.00
0.00
D
Restricted Stock Units
2019-08-15
4
M
false
17382.00
0.00
D
Common Stock
17382.00
243348.00
D
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 restricted stock units ("RSUs") to satisfy federal and state tax withholding obligations of the Reporting Person resulting from the vesting and settlement of RSUs.
Due to an administrative error, the number of shares that were withheld on May 15, 2019 to cover taxes due upon the release and settlement of the RSUs was under-reported in the Form 4 that was filed by the Reporting Person with the U.S. Securities and Exchange Commission on May 17, 2019. This number reflects the additional shares that were withheld.
Vesting of RSUs granted to the Reporting Person on February 15, 2019.
Each RSU represents a contingent right to receive 1 share of the Issuer's Common Stock upon vesting and settlement for no consideration.
The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
Represents the weighted average sales price per share. The shares sold at prices ranging from $13.25 to $13.49 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
The stock option is fully vested and immediately exercisable.
1/16 of the shares subject to the RSUs vest in equal installments on each quarterly anniversary of the initial vesting date of February 15, 2019, 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/ Nanette Agustines, by power of attorney
2019-09-13