WILLIAMS SONOMA INC — Director's Dealing 2013

Mar 27, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WILLIAMS SONOMA INC (WSM)
CIK: 0000719955
Period of Report: 2013-03-25

Reporting Person: ALBER LAURA (Director, PRESIDENT & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-03-25	Common Stock	M	50000	$32.39	Acquired	168228	Direct
2013-03-25	Common Stock	S	50000	$50.4435	Disposed	118228	Direct
2013-03-26	Common Stock	M	57500	$8.56	Acquired	175728	Direct
2013-03-26	Common Stock	F	24553	$50.54	Disposed	151175	Direct
2013-03-26	Common Stock	D	9739	$50.54	Disposed	141436	Direct
2013-03-26	Common Stock	S	23208	$50.765	Disposed	118228	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-03-25	Non-qualified Stock Option (Right to Buy)	$32.39	M	50000	Disposed	2014-06-30	Common Stock (50000)	Direct
2013-03-26	Stock Appreciation Rights	$8.56	M	57500	Disposed	2018-11-07	Common Stock (57500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	12797	Indirect

Footnotes

F1: Reflects the weighted average price as the shares were sold in multiple transactions. The per share transaction price ranged from $50.06 to $50.78. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

F2: Reflects the number of shares retained by the issuer to satisfy tax withholding requirements in connection with the reporting person's exercise of a stock-settled stock appreciation right.

F3: Reflects the number of shares retained by the issuer in connection with the reporting person's exercise of a stock-settled stock appreciation right.

F4: Reflects the weighted average price as the shares were sold in multiple transactions. The per share transaction price ranged from $50.62 to $51.02. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

F5: Represents the number of shares held by the reporting person in the Williams-Sonoma, Inc. Stock Fund under the Williams-Sonoma, Inc. 401(k) Plan, based on a statement dated March 25, 2013.

F6: These stock options are fully vested and immediately exercisable.

F7: These stock appreciation rights are fully vested and immediately exercisable.