SEC Form 4 · accession 0001127602-16-047479
Sleep Number Corp · SNBRQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark A Kimball
Officer — SVP Chief Legal & Risk Officer
Period of report
Mar 22, 2016
Accepted (ET)
Mar 24, 2016 · 4:19 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 | — | — | — | 103,931 | D | ||
| Common Stock | holding | — | — | — | 28,914 | I | By 401(k) Plan |
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 961 shares pursuant to a restricted performance stock award. Reflects forfeiture of 7,685 shares from performance-based restricted stock awards. On 5/11/15 restrictions lapsed on 6,219 shares pursuant to a restricted performance stock award. On 2/23/16 restrictions lapsed on 2,454 shares pursuant to a restricted performance stock award.
- 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.