Vijayanthimala Singh - 12 Mar 2024 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
12 Mar 2024
Net transactions value
$0
Form type
4
Filing time
14 Mar 2024, 15:36:05 UTC
Previous filing
01 Mar 2024
Next filing
02 Apr 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SOVO Common Stock Disposed to Issuer -15,229 -70% 6,413 12 Mar 2024 Direct F1, F2
transaction SOVO Common Stock Disposed to Issuer -6,413 -100% 0 12 Mar 2024 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Vijayanthimala Singh is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Disposed of in connection with the acquisition of the Issuer (the "Merger") by Campbell Soup Company (Campbell's) pursuant to the Agreement and Plan of Merger dated August 7, 2023 (the "Merger Agreement"), among Campbell's, Premium Products Merger Sub, Inc., and the Issuer.
F2 Shares of Issuer common stock were cancelled and converted into the right to receive an amount in cash of $23.00 per share pursuant to the Merger Agreement.
F3 Restricted stock units previously granted to the Reporting Person by the Issuer were cancelled and converted into the right to receive an amount in cash of $23.00 per share pursuant to the Merger Agreement.