Fraser Anna 4

4 · Sonos Inc · Filed Nov 17, 2021

Form 4

Period: 2021-11-15

Chief People Officer

Transactions

Exercise/Conversion
Common Stock
2021-11-15+19,418→ 67,250 total
Award
Restricted Stock Units
2021-11-15+17,611→ 229,088 total
Exercise: $0.00→ Common Stock (17,611 underlying)
Exercise/Conversion
Restricted Stock Units
2021-11-15−19,418→ 209,670 total
Exercise: $0.00→ Common Stock (19,418 underlying)
Tax Payment
Common Stock
2021-11-15$34.52/sh−10,225$352,967→ 57,025 total

Footnotes (5)

[F1]Vesting of restricted stock units ("RSUs") previously granted to the Reporting Person.
[F2]Each RSU represents a contingent right to receive 1 share of the Issuer's Common Stock upon vesting and settlement for no consideration.
[F3]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.
[F4]These RSUs will vest based on the following schedule: 6.25% of the shares subject to the RSU will vest quarterly in year 1; 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.
[F5]1/16 of the shares subject to the RSUs will vest in equal installments on each quarterly anniversary date following the applicable vesting commencement date of 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.

Documents

1 file