Kevin K. Brown - Nov 3, 2021 Form 4 Insider Report for Sleep Number Corp (SNBR)

Role
EVP and CMO
Signature
/s/ Kevin K. Brown, by Rebecca Long, attorney-in-fact
Stock symbol
SNBR
Transactions as of
Nov 3, 2021
Transactions value $
-$1,111,085
Form type
4
Date filed
11/5/2021, 04:50 PM
Next filing
Mar 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNBR Common Stock Gift $0 -548 -1.65% $0.00 32.7K Nov 3, 2021 Direct
transaction SNBR Common Stock Options Exercise $187K +7.94K +24.25% $23.61 40.7K Nov 5, 2021 Direct
transaction SNBR Common Stock Sale -$712K -7.94K -19.52% $89.79 32.7K Nov 5, 2021 Direct F1
transaction SNBR Common Stock Options Exercise $155K +8.26K +25.23% $18.81 41K Nov 5, 2021 Direct
transaction SNBR Common Stock Sale -$741K -8.26K -20.15% $89.79 32.7K Nov 5, 2021 Direct F1, F2
holding SNBR Common Stock 630 Nov 3, 2021 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 -7.94K -100% $0.00* 0 Nov 5, 2021 Common Stock 7.94K $23.61 Direct F3
transaction SNBR Employee Stock Option (Right to Buy) Options Exercise $0 -8.26K -100% $0.00* 0 Nov 5, 2021 Common Stock 8.26K $18.81 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.