SEC Form 4 · accession 0001127602-17-007677
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
Feb 21, 2017
Accepted (ET)
Feb 22, 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 21, 2017 | M | 9,700 | $18.22 | A | 9,700 | D | |
| Common StockF1 | Feb 21, 2017 | F | 4,013 | $22.97 | D | 5,687 | D | |
| Common StockF2 | Feb 21, 2017 | G | 5,687 | $0.00 | D | 0 | D | |
| Common Stock | Feb 21, 2017 | G | 5,687 | $0.00 | A | 93,511 | 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 | Feb 21, 2017 | M | 9,700 | D | — | Apr 2, 2017 | Common Stock | 9,700 | 0 | D |
Explanation of responses
- F1These shares were withheld from the stock option exercise to cover a portion of 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.