Sleep Number Corp — Director's Dealing 2017

May 19, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SELECT COMFORT CORP (SCSS)
CIK: 0000827187
Period of Report: 2017-05-17

Reporting Person: LAUDERBACK BRENDA J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-05-17	Common Stock	A	2420	—	Acquired	34662	Direct
2017-05-17	Common Stock	S	1372	$29.55	Disposed	33290	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-05-17	Stock Option (right to buy)	$29.37	A	1875	Acquired	2027-05-17	Common Stock (1875)	Direct

Footnotes

F1: Includes 2,420 restricted stock units that will vest over time. On 5/14/17 the reporting person took receipt of 3,430 shares from a restricted stock award that had previously been deferred. On 5/17/17 restrictions lapsed on 3,303 shares pursuant to a restricted stock unit award and the reporting person has deferred receipt of those shares.

F2: These shares were sold to cover the estimated tax liability for a recent deferred RSU vesting event.

F3: Includes 2,420 shares pursuant to a restricted stock award.

F4: This option becomes fully exercisable on 5/17/18.