SEC Form 4 · accession 0001127602-16-060732
Sleep Number Corp · SNBRQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Shelly Radue Ibach
Officer — President and CEO · Director
Period of report
Aug 17, 2016
Accepted (ET)
Aug 19, 2016 · 4:27 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 Stock | Aug 17, 2016 | M | 4,800 | $18.22 | A | 4,800 | D | |
| Common Stock | Aug 17, 2016 | M | 7,000 | $10.63 | A | 11,800 | D | |
| Common StockF1 | Aug 17, 2016 | F | 4,181 | $26.99 | D | 7,619 | D | |
| Common StockF1 | Aug 17, 2016 | F | 3,764 | $26.99 | D | 3,855 | D | |
| Common StockF2 | Aug 17, 2016 | G | 3,855 | $0.00 | D | 0 | D | |
| Common Stock | Aug 17, 2016 | G | 3,855 | $0.00 | A | 87,824 | I | by Family Trust |
| Common Stock | holding | — | — | — | 8,891 | 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)F3 | $18.22 | Aug 17, 2016 | M | 4,800 | D | — | Apr 2, 2017 | Common Stock | 4,800 | 9,700 | D |
| Employee Stock Option (Right to Buy)F4 | $10.63 | Aug 17, 2016 | M | 7,000 | D | — | Nov 27, 2017 | Common Stock | 7,000 | 14,000 | D |
Explanation of responses
- F1These shares were withheld from the stock option exercise to cover the exercise price and estimated tax withholding obligation.
- F2The reporting person transferred these shares as a gift to her family trust.
- F3This option became fully exercisable on 4/2/11.
- F4This option became fully exercisable on 11/27/11.