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Sleep Number Corp Director's Dealing 2019

Feb 21, 2019

33589_dirs_2019-02-21_2f2014b2-9d28-4830-b105-2b6ed2c7a9fd.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Sleep Number Corp (SNBR)
CIK: 0000827187
Period of Report: 2019-02-20

Reporting Person: Saklad Joseph Hunter (SVP & CIO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2019-02-20 Common Stock M 4420 $33.32 Acquired 54320 Direct
2019-02-20 Common Stock M 2442 $23.61 Acquired 56762 Direct
2019-02-20 Common Stock S 5302 $43.6302 Disposed 51460 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2019-02-20 Employee Stock Option (Right to Buy) $33.32 M 4420 Disposed 2025-03-16 Common Stock (4420) Direct
2019-02-20 Employee Stock Option (Right to Buy) $23.61 M 2442 Disposed 2027-03-21 Common Stock (2442) Direct

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices between $43.6155 and $43.6750, 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.

F2: This option was fully vested and exercisable.

F3: This option becomes exercisable with respect to 1/3rd of the shares on each of 3/21/18, 3/21/19 and 3/21/20.