SEC Form 4 · accession 0001127602-15-007686
Sleep Number Corp · SNBRQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph Hunter Saklad
Officer — SVP & CIO
Period of report
Feb 19, 2015
Accepted (ET)
Feb 23, 2015 · 4:10 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000827187
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 19, 2015 | M | 4,313 | $24.65 | A | 31,009 | D | |
| Common Stock | Feb 19, 2015 | M | 5,250 | $9.75 | A | 36,259 | D | |
| Common Stock | Feb 19, 2015 | S | 4,164 | $31.861 | D | 32,095 | D | |
| Common StockF1 | Feb 19, 2015 | S | 2,400 | $31.862 | D | 29,695 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F2 | $24.65 | Feb 19, 2015 | M | 4,313 | D | — | Mar 2, 2016 | Common Stock | 4,313 | 0 | D |
| Employee Stock Option (Right to Buy)F3 | $9.75 | Feb 19, 2015 | M | 5,250 | D | Jun 4, 2011 | Jun 4, 2020 | Common Stock | 5,250 | 2,625 | D |
Explanation of responses
- F1Includes 9,099 shares pursuant to restricted performance stock awards, 1,500 shares pursuant to a restricted stock award and 3,067 shares acquired under the Select Comfort Corporation Employee Stock Purchase Plan.
- F2This option was fully vested and exercisable.
- F3This option became exercisable with respect to 25% of the shares on each of 6/4/11, 6/4/12, 6/4/13 and 6/4/14.