Sleep Number Corp — Director's Dealing 2021

Feb 23, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Sleep Number Corp (SNBR)
CIK: 0000827187
Period of Report: 2021-02-22

Reporting Person: Saklad Joseph Hunter (EVP, Chief Supply Chain Office)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-22	Common Stock	M	1835	$47.00	Acquired	56269	Direct
2021-02-22	Common Stock	S	1522	$126.1835	Disposed	54747	Direct
2021-02-22	Common Stock	S	18742	$126.0634	Disposed	36005	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-22	Employee Stock Option (Right to Buy)	$47.00	M	1835	Disposed	2029-03-29	Common Stock (1835)	Direct

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices between $125.5850 and $126.7650, 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 1,840 restricted stock units that will vest over time.

F3: 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.