SEC Form 4 · accession 0001127602-17-013271
Sleep Number Corp · SNBRQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrea Lee Bloomquist
Officer — SVP, Chief Product Officer
Period of report
Mar 28, 2017
Accepted (ET)
Mar 30, 2017 · 4:04 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 | Mar 28, 2017 | A | 13,528 | $0.00 | A | 28,173 | D | |
| Common StockF1 | Mar 28, 2017 | F | 4,523 | $24.13 | D | 23,650 | D | |
| Common StockF2 | Mar 28, 2017 | M | 16,920 | — | A | 40,570 | D | |
| Common Stock | Mar 28, 2017 | F | 5,686 | $24.13 | D | 34,884 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock Unit (Performance-based)F2 | — | Mar 28, 2017 | M | 16,920 | D | — | Mar 28, 2017 | Common Stock | 16,920 | 0 | D |
Explanation of responses
- F1These shares were withheld from the vesting of a restricted performance stock unit award to cover the estimated tax withholding obligation.
- F2Each performance right represents a contingent right to receive one share of Select Comfort common stock. Vesting of the performance rights will occur only at the end of three years and only if the stock price of Select Comfort's common stock remains at or above a specified level for at least 20 consecutive trading days.