SEC Form 4 · accession 0001127602-18-032410
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
Nov 5, 2018
Accepted (ET)
Nov 7, 2018 · 4:00 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 | Nov 5, 2018 | M | 2,400 | $28.99 | A | 51,906 | D | |
| Common StockF1 | Nov 5, 2018 | S | 2,006 | $38.37 | D | 49,900 | 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 | $28.99 | Nov 5, 2018 | M | 2,400 | D | — | Feb 23, 2022 | Common Stock | 2,400 | 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 $38.29 and $38.47, inclusive. The reporting person will provide to 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 became exercisable with respect to 25% of the shares on each of 2/23/13, 2/23/14, 2/23/15 and 2/23/16.