SEC Form 4 · accession 0001127602-19-007154
Sleep Number Corp · SNBRQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brenda J Lauderback
Director
Period of report
Feb 19, 2019
Accepted (ET)
Feb 20, 2019 · 4:07 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 19, 2019 | M | 5,000 | $9.95 | A | 40,012 | D | |
| Common StockF1 | Feb 19, 2019 | S | 5,000 | $42.9469 | D | 35,012 | D | |
| Common StockF2,F3 | Feb 19, 2019 | S | 2,058 | $42.8931 | D | 32,954 | 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) | $9.95 | Feb 19, 2019 | M | 5,000 | D | May 19, 2011 | May 19, 2020 | Common Stock | 5,000 | 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 $42.94 and $43.02, 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.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices between $42.8907 and $42.9250, 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.
- F3Includes 2,696 restricted stock units that will vest over time.