Kevin Kennedy Brown - 03 Nov 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
Issuer symbol
SNBR
Transactions as of
03 Nov 2021
Net transactions value
-$1,111,085
Form type
4
Filing time
05 Nov 2021, 16:50:56 UTC
Next filing
17 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNBR Common Stock Gift $0 -548 -1.6% $0.000000 32,719 03 Nov 2021 Direct
transaction SNBR Common Stock Options Exercise $187,345 +7,935 +24% $23.61 40,654 05 Nov 2021 Direct
transaction SNBR Common Stock Sale $712,487 -7,935 -20% $89.79 32,719 05 Nov 2021 Direct F1
transaction SNBR Common Stock Options Exercise $155,277 +8,255 +25% $18.81 40,974 05 Nov 2021 Direct
transaction SNBR Common Stock Sale $741,220 -8,255 -20% $89.79 32,719 05 Nov 2021 Direct F1, F2
holding SNBR Common Stock 630 03 Nov 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 -7,935 -100% $0.000000* 0 05 Nov 2021 Common Stock 7,935 $23.61 Direct F3
transaction SNBR Employee Stock Option (Right to Buy) Options Exercise $0 -8,255 -100% $0.000000* 0 05 Nov 2021 Common Stock 8,255 $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.