SEC Form 4 · accession 0001127602-17-015528
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
Apr 24, 2017
Accepted (ET)
Apr 26, 2017 · 4:03 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 StockF1 | Apr 24, 2017 | S | 65,844 | $31.25 | D | 73,056 | I | by Family Trust |
| Common Stock | Apr 25, 2017 | M | 14,000 | $10.63 | A | 14,000 | D | |
| Common StockF2 | Apr 25, 2017 | S | 14,000 | $30.575 | D | 0 | D | |
| Common StockF3 | holding | — | — | — | 15,552 | 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)F4 | $10.63 | Apr 25, 2017 | M | 14,000 | D | — | Nov 27, 2017 | Common Stock | 14,000 | 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 $31.00 and $31.49, inclusive. The reporting person will provide 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.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices between $30.55 and $30.60, inclusive. The reporting person will provide 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.
- F3Due to a software reporting issue, the previously reported 401k balance was overstated. The above reported balance is the correct balance in the reporting person's 401k account and there has been no activity within this acccount.
- F4This option became fully exercisable on 11/27/11.