SEC Form 4 · accession 0001127602-17-006890
Sleep Number Corp · SNBRQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brenda J Lauderback
Director
Period of report
Feb 16, 2017
Accepted (ET)
Feb 17, 2017 · 4:01 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 16, 2017 | M | 8,500 | $17.31 | A | 40,742 | D | |
| Common StockF1,F2 | Feb 16, 2017 | S | 8,500 | $22.5092 | D | 32,242 | 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)F3 | $17.31 | Feb 16, 2017 | M | 8,500 | D | May 15, 2008 | May 14, 2017 | Common Stock | 8,500 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices between $22.5050 and $22.5250, inclusive. The reporting person will provide to the SEC Staff, Select Comfort or any security holder of Select Comfort, upon request, full information regarding the number of shares sold at each separate price.
- F2Includes 3,303 restricted stock units that will vest over time.
- F3This option was fully vested and exercisable.