Sleep Number Corp — Director's Dealing 2021

Nov 5, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Sleep Number Corp (SNBR)
CIK: 0000827187
Period of Report: 2021-11-03

Reporting Person: Brown Kevin Kennedy (EVP and CMO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-11-03	Common Stock	G	548	—	Disposed	32719	Direct
2021-11-05	Common Stock	M	7935	$23.61	Acquired	40654	Direct
2021-11-05	Common Stock	S	7935	$89.7904	Disposed	32719	Direct
2021-11-05	Common Stock	M	8255	$18.81	Acquired	40974	Direct
2021-11-05	Common Stock	S	8255	$89.7904	Disposed	32719	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-11-05	Employee Stock Option (Right to Buy)	$23.61	M	7935	Disposed	2027-03-21	Common Stock (7935)	Direct
2021-11-05	Employee Stock Option (Right to Buy)	$18.81	M	8255	Disposed	2026-03-22	Common Stock (8255)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	630.0686	Indirect

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices between $89.25 and $90.70, 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 6,559 restricted stock units that the reporting person has deferred.

F3: This option is fully vested and exercisable.