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WILLIAMS SONOMA INC — Director's Dealing 2016
Feb 24, 2016
30242_dirs_2016-02-23_be3cbeaf-2a0f-4856-bcbe-48c1323abf13.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: WILLIAMS SONOMA INC (WSM)
CIK: 0000719955
Period of Report: 2016-02-19
Reporting Person: CONNOLLY PAT (Director, EVP)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-02-19 | Common Stock | M | 50000 | $40.44 | Acquired | 508742 | Direct |
| 2016-02-19 | Common Stock | F | 5717 | $57.91 | Disposed | 503025 | Direct |
| 2016-02-19 | Common Stock | D | 34917 | $57.91 | Disposed | 468108 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-02-19 | Stock Settled Stock Appreciation Right (ssar) | $40.44 | M | 50000 | Disposed | 2016-03-15 | Common Stock (50000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 39915 | Indirect |
| Common Stock | 225000 | Indirect |
Footnotes
F1: 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.
F2: Reflects the number of shares retained by the issuer in connection with the reporting person's exercise of a stock-settled stock appreciation right.
F3: 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 February 19, 2016.
F4: These stock-settled stock appreciation rights vested at a rate of 20% per year over five years, becoming partially vested on March 15, 2007 and fully vested and immediately exercisable on March 15, 2011.