Sleep Number Corp — Director's Dealing 2019

Apr 15, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Sleep Number Corp (SNBR)
CIK: 0000827187
Period of Report: 2019-04-11

Reporting Person: Krishna Suresh (SVP Chief Ops SC Lean Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-04-11	Common Stock	A	18785	—	Acquired	32385	Direct
2019-04-11	Common Stock	F	5865	$48.77	Disposed	26520	Direct
2019-04-11	Common Stock	M	11000	$19.38	Acquired	37520	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-04-11	Employee Stock Option (Performance-based)	$19.38	M	11000	Disposed	2026-04-11	Common Stock (11000)	Direct

Footnotes

F1: On 4/11/19, shares vested from a performance-based restricted stock unit award.

F2: These shares were withheld from the vesting of a performance-based restricted stock unit award to cover the estimated tax withholding obligation.

F3: This performance-based option grant was earned only if the stock price of Sleep Number's common stock remained at or above a specified level for at least 20 consecutive trading days and was subject to continuous employment with the company for three years from the date of grant. The option grant fully vested and became exercisable on 4/11/19.