Insiders are Selling Shares of this Luxury Home Retailer

Following are recent inside trades of key Williams-Sonoma (NYSE:WSM) executives and personnel:

  • Laura Alber, who is the President & CEO, exercised 75,000 options at a cost of $0 per option.  She currently owns 122,091 shares, or approximately 0.12% of the 105,110,000 shares outstanding.
  • Pat Connolly, who is the Executive Vice President & Chief Marketing Officer, exercised 40,000 options at a price of $13.66 per option, and subsequently sold 62,714 shares at market prices between $34.05 and $34.64, for net proceeds of $1,605,603.  He presently owns 851,824 shares, or approximately 0.81% of the 105,110,000 shares outstanding.
  • Richard A. Harvey, who is a President, exercised 20,000 options at a cost of $0 per option.  He presently owns 29,849 shares, or approximately 0.03% of the 105,110,000 shares outstanding.
  • Seth Jaffe, who is the Senior Vice President & General Counsel, exercised 5,000 options at a cost of $0 per option.  He presently holds 5,000 shares, or less than 0.01% of the 105,110,000 shares outstanding.
  • Mike Lynch, who is a Director exercised 8,508 options at a cost of $0 per option.  He presently owns 10,808 shares, or approximately 0.01% of the 105,110,000 shares outstanding.
  • Sharon McCollan, who is Executive Vice President, Chief Operating Officer, and Chief Financial Officer, exercised 75,000 options at a cost of $0 per share.  She presently owns 120,470 shares, or approximately 0.11% of the 105,110,000 shares outstanding.

About the company: Williams-Sonoma, Inc. (NYSE:WSM) retails cooking and serving equipment, home furnishings, and home accessories through retail stores and mail order catalogs. The Company offers its merchandise under the Williams-Sonoma, Pottery Barn, Pottery Barn Kids, and Chambers concepts.

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