SEC Form 4 · accession 0001127602-16-052815
Sleep Number Corp · SNBRQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jean Michel Valette
Director
Period of report
May 18, 2016
Accepted (ET)
May 19, 2016 · 4:09 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 | May 18, 2016 | A | 3,303 | $0.00 | A | 258,334 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F2 | $21.74 | May 18, 2016 | A | 2,247 | A | May 18, 2017 | May 18, 2026 | Common Stock | 2,247 | 2,247 | D |
Explanation of responses
- F1Includes 3,303 restricted stock units that will vest over time. On 5/16/16 restrictions lapsed on 2,375 shares pursuant to a restricted stock unit award.
- F2This option becomes fully exercisable on 5/18/17.