SEC Form 4 · accession 0001127602-19-007515
Sleep Number Corp · SNBRQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Shelly Radue Ibach
Officer — President and CEO · Director
Period of report
Feb 19, 2019
Accepted (ET)
Feb 21, 2019 · 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 | Feb 19, 2019 | S | 10,000 | $44.00 | D | 57,641 | I | by Family Trust |
| Common Stock | Feb 20, 2019 | M | 7,500 | $0.79 | A | 46,583 | D | |
| Common StockF2 | Feb 20, 2019 | F | 2,388 | $43.45 | D | 44,195 | D | |
| Common StockF3 | Feb 21, 2019 | S | 5,112 | $43.98 | D | 39,083 | D | |
| Common Stock | holding | — | — | — | 15,460 | I | by 401(k) |
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) | $0.79 | Feb 20, 2019 | M | 7,500 | D | Jun 18, 2010 | Jun 18, 2019 | Common Stock | 7,500 | 0 | D |
Explanation of responses
- F1These shares were sold pursuant to a plan of disposition adopted in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934.
- F2These shares were withheld from the stock option exercise to cover the exercise price and estimated tax withholding obligation.
- F3Includes 39,083 restricted stock units which the reporting person has deferred.