Samuel R. Hellfeld - 28 Feb 2023 Form 4 Insider Report for Sleep Number Corp (SNBR)

Role
EVP Chief Legal & Risk Officer
Signature
/s/ Samuel R. Hellfeld, by Rebecca L. Long, attorney-in-fact
Issuer symbol
SNBR
Transactions as of
28 Feb 2023
Net transactions value
-$14,892
Form type
4
Filing time
02 Mar 2023, 15:00:47 UTC
Previous filing
31 Mar 2022
Next filing
17 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNBR Common Stock Options Exercise $26,207 +1,360 +9.2% $19.27 16,112 28 Feb 2023 Direct
transaction SNBR Common Stock Sale $41,099 -1,051 -6.5% $39.10 15,061 28 Feb 2023 Direct F1, F2
holding SNBR Common Stock 4,361 28 Feb 2023 by 401k

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SNBR Employee Stock Option (Right to Buy) Options Exercise $0 -1,360 -100% $0.000000* 0 28 Feb 2023 Common Stock 1,360 $19.27 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were sold to cover the exercise price and the reporting person's estimated tax obligation.
F2 Includes 2,320 shares pursuant to a restricted stock unit award that vests over time.
F3 This option became exercisable with respect to 1/3 of the shares on each of 4/1/14, 4/1/15 and 4/1/16.