SEC Form 4 · accession 0001127602-17-007365
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
Feb 17, 2017
Accepted (ET)
Feb 21, 2017 · 4:03 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 17, 2017 | M | 6,250 | $19.97 | A | 110,181 | D | |
| Common StockF1,F2 | Feb 17, 2017 | F | 5,765 | $22.87 | D | 104,416 | D | |
| Common Stock | holding | — | — | — | 29,114 | 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)F3 | $19.97 | Feb 17, 2017 | M | 6,250 | D | — | Feb 21, 2017 | Common Stock | 6,250 | 0 | D |
Explanation of responses
- F1These shares were withheld from the stock option exercise to cover the exercise price and estimated tax withholding obligation.
- F2On 4/1/16 restrictions lapsed on 961 shares pursuant to a restricted performance stock award.
- F3This option vested with respect to 1,563 shares on each of 2/22/08, 2/22/09 and 2/22/10 and 1,561 shares on 2/22/11.