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Sonos Inc — Director's Dealing 2018
Nov 21, 2018
31833_dirs_2018-11-21_cc7bd562-8a9d-4b46-98d4-bf20d0f84cff.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Sonos Inc (SONO)
CIK: 0001314727
Period of Report: 2018-11-19
Reporting Person: Spence Patrick (N/A)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-11-19 | Restricted Stock Units | $0.00 | A | 378044.00 | Acquired | Common Stock (0.00) | Direct | |
| 2018-11-19 | Stock Options (Right to buy) | $15.44 | A | 875000.00 | Acquired | 2028-11-18 | Common Stock (875000.00) | Direct |
Footnotes
F1: Each restricted stock unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Common Stock upon settlement for no consideration.
F2: 1/16 of the shares subject to the RSUs will vest in equal installments on each quarterly anniversary date following the vesting commencement date of November 15, 2018, until such time as the RSUs are 100% vested, subject to the continuing employment of the Reporting Person on each vesting date. Shares of the Issuer's Common Stock will be delivered to the Reporting Person upon vesting.
F3: The stock option will vest as to 1/2 of the total number of shares subject to the stock option on November 15, 2021, and the remaining 1/2 of the total number of shares subject to the stock option on November 15, 2022, subject to the continuing employment of the Reporting Person on each vesting date.