SEC Form 4 · accession 0001127602-17-025534
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
Aug 11, 2017
Accepted (ET)
Aug 14, 2017 · 4:06 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 | Aug 11, 2017 | M | 2,500 | $25.08 | A | 39,550 | D | |
| Common Stock | Aug 11, 2017 | M | 7,650 | $21.15 | A | 47,200 | D | |
| Common Stock | Aug 11, 2017 | S | 5,100 | $33.2432 | D | 42,100 | 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)F1 | $25.08 | Aug 11, 2017 | M | 2,500 | D | — | Dec 6, 2022 | Common Stock | 2,500 | 0 | D |
| Employee Stock Option (Right to Buy)F2 | $21.15 | Aug 11, 2017 | M | 7,650 | D | — | Apr 1, 2023 | Common Stock | 7,650 | 0 | D |
Explanation of responses
- F1This option became exercisable with respect to 25% of the shares on each of 12/6/2013, 12/6/2014, 12/6/2015 and 12/6/2016.
- F2This option became exercisable with respect to one-third of the shares on each of 4/1/14, 4/1/15 and 4/1/16.