SPENCE PATRICK (Chief Executive Officer) exercised options at SONOS INC
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 5/17/2023ACC: 0001562180-23-004218
DirectorOfficer· Chief Executive Officer
Since Aug 2018
-21.96K
Net shares
Net seller
$341.0K
Total sold
0
Open market trades
0B · 0S
5
Total transactions
44.28K acquired · 66.24K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+44.28K
Price / share
—
Trade value
—
% of position
4.8%
5/15/2023
926.22K→970.50K
Common Stock
Direct
Shares
−21.96K
Price / share
$15.53
Trade value
$340.99K
% of position
2.3%
5/15/2023
970.50K→948.54K
Total
Net shares
+22.32K
Net value
-$340.99K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 5/15/2023 | M · Option Exercise | +44.28K | — | — | 4.8% | 926.22K | 970.50K |
| Common Stock Direct | 5/15/2023 | F · Tax Withholding | −21.96K | $15.53 | $340.99K | 2.3% | 970.50K | 948.54K |
| Total | +22.32K | -$340.99K | ||||||
Derivative Transactions3
Restricted Stock Units
Direct
Converts to
Common Stock
9.37K shares
Shares
−9.37K
Strike price
Held after
302.63K
Exercisable
—
5/15/2023
Restricted Stock Units
Direct
Converts to
Common Stock
13.41K shares
Shares
−13.41K
Strike price
Held after
289.22K
Exercisable
—
5/15/2023
Restricted Stock Units
Direct
Converts to
Common Stock
21.50K shares
Shares
−21.50K
Strike price
Held after
267.72K
Exercisable
—
5/15/2023
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Units Direct | Common Stock9.37K shares | 5/15/2023 | M · Option Exercise | −9.37K | — | 302.63K | |
| Restricted Stock Units Direct | Common Stock13.41K shares | 5/15/2023 | M · Option Exercise | −13.41K | — | 289.22K | |
| Restricted Stock Units Direct | Common Stock21.50K shares | 5/15/2023 | M · Option Exercise | −21.50K | — | 267.72K |