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WILLIAMS SONOMA INC — Director's Dealing 2020
May 6, 2020
30242_dirs_2020-05-05_2076d8ea-7803-40ab-844d-788a2f7471ce.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: 2020-05-01
Reporting Person: King David Randolph (EVP GENERAL COUNSEL)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-05-01 | Common Stock | M | 5550 | — | Acquired | 43727 | Direct |
| 2020-05-01 | Common Stock | F | 2752 | $61.84 | Disposed | 40975 | Direct |
| 2020-05-01 | Common Stock | M | 11100 | — | Acquired | 52075 | Direct |
| 2020-05-01 | Common Stock | F | 5504 | $61.84 | Disposed | 46571 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-05-01 | Restricted Stock Units | $ | M | 5550 | Disposed | Common Stock (5550) | Direct | |
| 2020-05-01 | Restricted Stock Units | $ | M | 11100 | Disposed | Common Stock (11100) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 217 | Indirect |
Footnotes
F1: Represents the number of shares withheld upon vesting of restricted stock units to cover tax withholding obligations.
F2: 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 May 1, 2020.
F3: Each restricted stock unit represents a contingent right to receive one share of WSM common stock.
F4: The restricted stock units vest in four equal installments on each anniversary of the grant date in 2018, 2019, 2020 and 2021. Vesting of these units was subject to a performance metric, which has been met.
F5: The restricted stock units are cancelled upon vesting and delivery of shares of WSM common stock.
F6: Represents restricted stock units granted on May 1, 2017, which reflect the satisfaction of performance metrics. The restricted stock units were also subject to a continued service condition, which was satisfied on May 1, 2020.