Shelly Radue Ibach - 15 Mar 2022 Form 4 Insider Report for Sleep Number Corp (SNBR)

Role: President and CEO, Director
Signature: /s/ Shelly Radue Ibach, by Rebecca Long, attorney-in-fact
Issuer symbol: SNBR
Transactions as of: 15 Mar 2022
Net transactions value: -$1,252
Form type: 4
Filing time: 17 Mar 2022, 16:08:36 UTC
Previous filing: 03 Mar 2022
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	$1,252	-20	-0.13%	$63.47	15,441	15 Mar 2022	by 401(k)	F1
holding	SNBR	Common Stock						88,009	15 Mar 2022	Direct	F2
holding	SNBR	Common Stock						163,714	15 Mar 2022	by Family Trust

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	+40,550		$0.000000	40,550	15 Mar 2022	Common Stock	40,550	$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 88,009 restricted stock units which 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.