SEC Form 4 · accession 0001127602-17-024039
Sleep Number Corp · SNBRQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brenda J Lauderback
Director
Period of report
Jul 20, 2017
Accepted (ET)
Jul 24, 2017 · 4:01 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 | Jul 20, 2017 | M | 8,500 | $2.97 | A | 41,790 | D | |
| Common Stock | Jul 20, 2017 | M | 10,000 | $6.23 | A | 51,790 | D | |
| Common StockF1,F2 | Jul 20, 2017 | S | 18,500 | $32.6518 | D | 33,290 | 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) | $2.97 | Jul 20, 2017 | M | 8,500 | D | May 14, 2009 | May 14, 2018 | Common Stock | 8,500 | 0 | D |
| Stock Option (right to buy) | $6.23 | Jul 20, 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 $32.6500 and $32.6700, inclusive. The reporting person will provide to 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 2,420 restricted stock units that will vest over time.