Kevin Kennedy Brown - 15 Mar 2022 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: 15 Mar 2022
Net transactions value: -$212
Form type: 4
Filing time: 17 Mar 2022, 16:05:08 UTC
Previous filing: 05 Nov 2021
Next filing: 31 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	Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities	$212	-3	-0.49%	$63.47	671	15 Mar 2022	by 401k	F1
holding	SNBR	Common Stock						32,719	15 Mar 2022	Direct	F2

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)	Award	$0	+6,180		$0.000000	6,180	15 Mar 2022	Common Stock	6,180	$61.66	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 pursuant to 401(k) Nondiscrimination testing and not at the direction of the reporting person.
F2	Includes 6,559 restricted stock units that the reporting person has deferred.
F3	This stock option grant becomes exercisable with respect to 1/3 of the shares on each of 3/15/23, 3/15/24 and 3/15/25.