Sleep Number Corp — Director's Dealing 2023

Mar 17, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Sleep Number Corp (SNBR)
CIK: 0000827187
Period of Report: 2023-03-15

Reporting Person: Ibach Shelly Radue (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-03-15	Common Stock	A	85543	—	Acquired	173552	Direct
2023-03-15	Common Stock	F	42088	$28.41	Disposed	131464	Direct
2023-03-15	Common Stock	G	43455	—	Disposed	88009	Direct
2023-03-15	Common Stock	G	43455	—	Acquired	263578	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-03-15	Employee Stock Option (Right to Buy)	$28.41	A	68490	Acquired	2033-03-15	Common Stock (68490)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	15437.296	Indirect

Footnotes

F1: On 3/15/23 shares vested from a performance-based restricted stock unit award.

F2: These shares were withheld from the vesting of a performance-based restricted stock unit award to cover the estimated tax withholding obligation.

F3: The reporting person transferred these shares as a gift to her family trust.

F4: Includes 88,009 restricted stock units which the reporting person has deferred.

F5: This option becomes exercisable with respect to 1/3 of the shares on each of 3/15/24, 3/15/25 and 3/15/26.