0001562180-22-004147.txt : 20220517
0001562180-22-004147.hdr.sgml : 20220517
20220517175400
ACCESSION NUMBER: 0001562180-22-004147
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220515
FILED AS OF DATE: 20220517
DATE AS OF CHANGE: 20220517
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Spence Patrick
CENTRAL INDEX KEY: 0001743317
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38603
FILM NUMBER: 22936217
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
2022-05-15
false
0001314727
Sonos Inc
SONO
0001743317
Spence Patrick
C/O SONOS, INC.
614 CHAPALA STREET
SANTA BARBARA
CA
93101
true
true
false
false
Chief Executive Officer
Common Stock
2022-05-15
4
M
false
49811.00
A
718780.00
D
Common Stock
2022-05-15
4
F
false
24697.00
22.64
D
694083.00
D
Restricted Stock Units
2022-05-15
4
M
false
4683.00
0.00
D
Common Stock
4683.00
340052.00
D
Restricted Stock Units
2022-05-15
4
M
false
45128.00
0.00
D
Common Stock
45128.00
294924.00
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/ Robert Capilupi by power of attorney
2022-05-17