SEC Form 4 · accession 0001127602-18-003958
Sleep Number Corp · SNBRQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael J Harrison
Director
Period of report
Feb 1, 2018
Accepted (ET)
Feb 5, 2018 · 4:01 pm EST
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,F2 | Feb 1, 2018 | M | 2,344 | — | A | 27,920 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF3 | — | Feb 1, 2018 | M | 2,344 | D | — | — | Common Stock | 2,344 | 4,689 | D |
Explanation of responses
- F1Each share of phantom stock was the economic equivalent of one share of Sleep Number common stock. On 2/1/18, 2,344 shares of phantom stock were settled for an equal number of shares of Sleep Number common stock.
- F2Includes 2,420 restricted stock units that will vest over time. On 2/1/18 the reporting person took receipt of 1,860 deferred restricted stock units.
- F3Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable, in cash or common stock, at the election of the reporting person.