Sleep Number Corp — Director's Dealing 2020

Oct 28, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Sleep Number Corp (SNBR)
CIK: 0000827187
Period of Report: 2020-10-27

Reporting Person: GULIS STEPHEN L JR (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-10-27	Common Stock	M	2120	$18.50	Acquired	28896	Direct
2020-10-27	Common Stock	M	1495	$30.50	Acquired	30391	Direct
2020-10-27	Common Stock	M	2247	$21.74	Acquired	32638	Direct
2020-10-27	Common Stock	M	1875	$29.37	Acquired	34513	Direct
2020-10-27	Common Stock	M	2165	$28.86	Acquired	36678	Direct
2020-10-27	Common Stock	S	9902	$64.615	Disposed	26776	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-10-27	Stock Option (right to buy)	$18.50	M	2120	Disposed	2024-05-14	Common Stock (2120)	Direct
2020-10-27	Stock Option (right to buy)	$30.50	M	1495	Disposed	2025-05-22	Common Stock (1495)	Direct
2020-10-27	Stock Option (right to buy)	$21.74	M	2247	Disposed	2026-05-18	Common Stock (2247)	Direct
2020-10-27	Stock Option (right to buy)	$29.37	M	1875	Disposed	2027-05-17	Common Stock (1875)	Direct
2020-10-27	Stock Option (right to buy)	$28.86	M	2165	Disposed	2028-05-16	Common Stock (2165)	Direct

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices between $64.00 and $65.16, inclusive. The reporting person will provide 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: Includes 4,595 shares pursuant to restricted stock awards that vest over time.

F3: This option is fully vested and exercisable.