Barbara Ruth Matas - May 12, 2021 Form 4 Insider Report for Sleep Number Corp (SNBR)

Role
Director
Signature
Barbara R. Matas, by Rebecca Long, attorney-in-fact
Stock symbol
SNBR
Transactions as of
May 12, 2021
Transactions value $
$25,500
Form type
4
Date filed
5/14/2021, 04:22 PM
Next filing
Jul 1, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNBR Common Stock Award $0 +820 +4.35% $0.00 19.7K May 12, 2021 Direct F1

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 Stock Option (right to buy) Award $0 +545 $0.00 545 May 12, 2021 Common Stock 545 $106.54 Direct
transaction SNBR Phantom Stock Award $25.5K +239 +2.04% $106.54 11.9K May 12, 2021 Common Stock 239 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 820 restricted stock units that will vest over time. On 5/12/21, 1,815 shares vested from a restricted stock unit award and the reporting person has deferred receipt of those shares.
F2 Each share of Phantom Stock is the economic equivalent of one share of Common Stock. The shares of Phantom Stock become payable in Common Stock, at the election of the reporting person.