SEC Form 4 · accession 0001127602-17-015530
Sleep Number Corp · SNBRQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen L Gulis Jr.
Director
Period of report
Apr 24, 2017
Accepted (ET)
Apr 26, 2017 · 4:05 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 | Apr 24, 2017 | M | 8,500 | $17.31 | A | 36,730 | D | |
| Common Stock | Apr 24, 2017 | M | 8,500 | $2.97 | A | 45,230 | D | |
| Common Stock | Apr 24, 2017 | M | 10,000 | $6.23 | A | 55,230 | D | |
| Common StockF1 | Apr 24, 2017 | S | 27,000 | $31.8723 | D | 28,230 | D | |
| Common StockF2 | Apr 24, 2017 | S | 13,510 | $32.0052 | D | 14,720 | 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) | $17.31 | Apr 24, 2017 | M | 8,500 | D | May 15, 2008 | May 14, 2017 | Common Stock | 8,500 | 0 | D |
| Stock Option (right to buy) | $2.97 | Apr 24, 2017 | M | 8,500 | D | May 14, 2009 | May 14, 2018 | Common Stock | 8,500 | 0 | D |
| Stock Option (right to buy) | $6.23 | Apr 24, 2017 | M | 10,000 | D | Dec 14, 2010 | Dec 14, 2019 | Common Stock | 10,000 | 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 $31.8356 and $31.99, 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.
- F2Includes 3,303 restricted stock units that will vest over time.