Sleep Number Corp — Director's Dealing 2020

Oct 22, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Sleep Number Corp (SNBR)
CIK: 0000827187
Period of Report: 2020-10-20

Reporting Person: Saklad Joseph Hunter (SVP & CIO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-10-20	Common Stock	M	2442	$23.61	Acquired	67574	Direct
2020-10-20	Common Stock	M	1703	$34.50	Acquired	69277	Direct
2020-10-20	Common Stock	S	2590	$64.4793	Disposed	66687	Direct
2020-10-20	Common Stock	S	9784	$64.0784	Disposed	56903	Direct
2020-10-21	Common Stock	S	2000	$64.0606	Disposed	54903	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-10-20	Employee Stock Option (Right to Buy)	$23.61	M	2442	Disposed	2027-03-21	Common Stock (2442)	Direct
2020-10-20	Employee Stock Option (Right to Buy)	$34.35	M	1703	Disposed	2028-03-21	Common Stock (1703)	Direct

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices between $64.30 and $64.5850, 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: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices between $64.00 and $64.33, 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.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices between $64.00 and $64.0850, 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.

F4: Includes 3,280 shares pursuant to a restricted stock unit award.

F5: This option became exercisable with respect to 1/3rd of the shares on each of 3/21/18, 3/21/19 and 3/21/20.

F6: 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.