SEC Form 4 · accession 0001127602-17-015694
Sleep Number Corp · SNBRQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph Hunter Saklad
Officer — SVP & CIO
Period of report
Apr 25, 2017
Accepted (ET)
Apr 27, 2017 · 4:00 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 25, 2017 | M | 2,625 | $9.75 | A | 39,675 | D | |
| Common Stock | Apr 25, 2017 | M | 6,225 | $17.34 | A | 45,900 | D | |
| Common StockF1 | Apr 25, 2017 | S | 8,850 | $30.6907 | D | 37,050 | 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)F2 | $9.75 | Apr 25, 2017 | M | 2,625 | D | Jun 4, 2011 | Jun 4, 2020 | Common Stock | 2,625 | 0 | D |
| Employee Stock Option (Right to Buy)F3 | $17.34 | Apr 25, 2017 | M | 6,225 | D | May 11, 2012 | May 11, 2021 | Common Stock | 6,225 | 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 $30.69 and $30.70, 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.
- F2This option became exercisable with respect to 25% of the shares on each of 6/4/11, 6/4/12, 6/4/13 and 6/4/14.
- F3This option became exercisable with respect to 25% of the shares on each of 5/11/12, 5/11/13, 5/11/14 and 5/11/15.