SEC Form 4 · accession 0001127602-19-007513
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 19, 2019
Accepted (ET)
Feb 21, 2019 · 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 | Feb 19, 2019 | M | 2,611 | $25.99 | A | 44,165 | D | |
| Common Stock | Feb 19, 2019 | M | 11,450 | $21.15 | A | 55,615 | D | |
| Common Stock | Feb 19, 2019 | M | 9,350 | $17.77 | A | 64,965 | D | |
| Common Stock | Feb 19, 2019 | M | 5,895 | $33.32 | A | 70,860 | D | |
| Common Stock | Feb 19, 2019 | M | 4,884 | $23.61 | A | 75,744 | D | |
| Common StockF1 | Feb 19, 2019 | S | 34,190 | $42.4155 | D | 41,554 | 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 | $25.99 | Feb 19, 2019 | M | 2,611 | D | Jun 1, 2013 | May 31, 2022 | Common Stock | 2,611 | 0 | D |
| Employee Stock Option (Right to Buy)F2 | $21.15 | Feb 19, 2019 | M | 11,450 | D | Apr 1, 2014 | Apr 1, 2023 | Common Stock | 11,450 | 0 | D |
| Employee Stock Option (Right to Buy)F3 | $17.77 | Feb 19, 2019 | M | 9,350 | D | Mar 28, 2015 | Mar 28, 2024 | Common Stock | 9,350 | 0 | D |
| Employee Stock Option (Right to Buy)F4 | $33.32 | Feb 19, 2019 | M | 5,895 | D | Mar 16, 2016 | Mar 16, 2025 | Common Stock | 5,895 | 0 | D |
| Employee Stock Option (Right to Buy)F5 | $23.61 | Feb 19, 2019 | M | 4,884 | D | Mar 21, 2018 | Mar 21, 2027 | Common Stock | 4,884 | 9,766 | D |
Explanation of responses
- F1Includes 18,880 restricted stock units that will vest over time.
- F2This option is fully vested and exercisable.
- F3This option becomes exercisable with respect to 1/3rd of the shares on each of 3/22/17, 3/22/18 and 3/22/19.
- F4This option becomes exercisable with respect to 1/3rd of the shares on each of 3/22/17, 3/22/18 and 3/22/19.
- F5This option becomes exercisable with respect to 1/3rd of the shares on each of 3/21/18, 3/21/19 and 3/21/20.