SEC Form 4 · accession 0001127602-16-047457
Sleep Number Corp · SNBRQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Patricia Ann Dirks
Officer — SVP & Chief H.C. Officer
Period of report
Mar 22, 2016
Accepted (ET)
Mar 24, 2016 · 4:08 pm EDT
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 StockF1 | holding | — | — | — | 28,630 | D | ||
| Common Stock | holding | — | — | — | 726 | I | by 401(k) |
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 | $18.81 | Mar 22, 2016 | A | 8,255 | A | Mar 22, 2017 | Mar 22, 2026 | Common Stock | 8,255 | 8,255 | D |
Explanation of responses
- F1Includes 22,600 restricted stock units that will vest over time. On 4/7/15 restrictions lapsed on 6,030 shares pursuant to a restricted stock unit award and the reporting person has deferred receipt of those shares.
- F2This option becomes exercisable with respect to 1/3rd of the shares on each of 3/22/17, 3/22/18 and 3/22/19.