SEC Form 4 · accession 0001127602-18-008643
Sleep Number Corp · SNBRQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrew P Carlin
Officer — EVP, Chief Sales & Svc Officer
Period of report
Feb 23, 2018
Accepted (ET)
Feb 27, 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 Stock | Feb 23, 2018 | M | 1,969 | $9.75 | A | 43,915 | D | |
| Common Stock | Feb 23, 2018 | M | 2,111 | $9.75 | A | 46,026 | D | |
| Common Stock | Feb 23, 2018 | M | 200 | $17.34 | A | 46,226 | D | |
| Common StockF1 | Feb 23, 2018 | S | 4,280 | $35.2706 | D | 41,946 | 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 | Feb 23, 2018 | M | 1,969 | D | Jun 4, 2011 | Jun 3, 2020 | Common Stock | 1,969 | 0 | D |
| Employee Stock Option (Right to Buy)F2 | $9.75 | Feb 23, 2018 | M | 2,111 | D | Jun 4, 2011 | Jun 3, 2020 | Common Stock | 2,111 | 0 | D |
| Employee Stock Option (Right to Buy)F2 | $17.34 | Feb 23, 2018 | M | 200 | D | May 11, 2012 | May 10, 2021 | Common Stock | 200 | 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 $35.25 and $35.34, inclusive. The reporting person will provide the SEC Staff, Sleep Number or any security holder of Sleep Number, upon request, full information regarding the number of shares sold at each separate price.
- F2This option is fully exercisable.