SEC Form 4 · accession 0001127602-17-018828
Sleep Number Corp · SNBRQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Barbara Ruth Matas
Director
Period of report
May 17, 2017
Accepted (ET)
May 19, 2017 · 4:08 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 | May 17, 2017 | A | 2,420 | $0.00 | A | 5,723 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F2 | $29.37 | May 17, 2017 | A | 1,875 | A | May 17, 2018 | May 17, 2027 | Common Stock | 1,875 | 1,875 | D |
| Phantom StockF3 | — | May 17, 2017 | A | 681 | A | — | — | Common Stock | 681 | 3,123 | D |
Explanation of responses
- F1Includes 2,420 restricted stock units that will vest over time. On 5/17/17 restrictions lapsed on 3,303 shares pursuant to a restricted stock unit award and the reporting person has deferred receipt of 2,775 of those shares.
- F2This option becomes fully exercisable on 5/17/18.
- F3Each share of Phantom Stock is the economic equivalent of one share of Common Stock. The shares of Phantom Stock become payable in Common Stock, at the election of the reporting person.