Sleep Number Corp - Director's Dealing 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Sleep Number Corp (SNBR)
CIK: 0000827187
Period of Report: 2020-11-27

Reporting Person: Barra Melissa (SVP, Chief Sales Svcs & Strat)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-11-27	Common Stock	M	8255	$18.81	Acquired	60463	Direct
2020-11-27	Common Stock	M	7935	$23.61	Acquired	68398	Direct
2020-11-27	Common Stock	M	4257	$34.35	Acquired	72655	Direct
2020-11-27	Common Stock	M	2282	$47.00	Acquired	74937	Direct
2020-11-27	Common Stock	S	26429	$68.00	Disposed	48508	Direct

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-11-27	Employee Stock Option (Right to Buy)	$18.81	M	8255	Disposed	2026-03-22	Common Stock (8255)	Direct
2020-11-27	Employee Stock Option (Right to Buy)	$23.61	M	7935	Disposed	2027-03-21	Common Stock (7935)	Direct
2020-11-27	Employee Stock Option (Right to Buy)	$34.35	M	4257	Disposed	2028-03-21	Common Stock (4257)	Direct
2020-11-27	Employee Stock Option (Right to Buy)	$47.00	M	2282	Disposed	2029-03-29	Common Stock (2282)	Direct

F1: These shares were sold pursuant to a plan of disposition adopted in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934.

F2: Includes 6,885 shares pursuant to a restricted stock unit award.

F3: This stock option award is fully vested and exercisable.

F4: This option becomes exercisable with respect to 1/3 of the shares on each of 3/21/19, 3/21/20 and 3/21/21.

F5: This option becomes exercisable with respect to 1/3 of the shares on each of 3/29/20, 3/29/21 and 3/29/22.