Robert L. Graves - 17 Mar 2023 Form 4 Insider Report for Sovos Brands, Inc.

Role: Director
Signature: /s/ Isobel A. Jones, Attorney-in-Fact
Issuer symbol: N/A
Transactions as of: 17 Mar 2023
Net transactions value: -$160,035
Form type: 4
Filing time: 21 Mar 2023, 17:23:02 UTC
Previous filing: 17 Mar 2023
Next filing: 19 May 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SOVO	Common Stock	Sale	$160,035	-10,669	-0.29%	$15.00	3,692,867	17 Mar 2023	By LLC	F1, F2
holding	SOVO	Common Stock						10,000	17 Mar 2023	By Trust

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This transaction was effected pursuant to a written plan that was adopted by the Reporting Person prior to the SEC's adoption of amendments to Rule 10b5-1 of the Exchange Act in December 2022 and was intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) as in effect at the time of adoption. The plan was structured to include several sale periods and was established as part of the Reporting Person's long-term strategy for asset diversification and financial, retirement, estate and tax planning activities over a period of time.
F2	Represents actual sale price.

Content

This transaction was effected pursuant to a written plan that was adopted by the Reporting Person prior to the SEC's adoption of amendments to Rule 10b5-1 of the Exchange Act in December 2022 and was intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) as in effect at the time of adoption. The plan was structured to include several sale periods and was established as part of the Reporting Person's long-term strategy for asset diversification and financial, retirement, estate and tax planning activities over a period of time.

Represents actual sale price.