Christopher D. Krusmark - 15 Mar 2022 Form 4 Insider Report for Sleep Number Corp (SNBR)

Role
SVP & Chief H.R. Officer
Signature
/s/ Christopher D. Krusmark, by Rebecca L. Long, attorney-in-fact
Issuer symbol
SNBR
Transactions as of
15 Mar 2022
Net transactions value
-$244
Form type
4
Filing time
17 Mar 2022, 16:09:31 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 $244 -4 -0.29% $63.47 1,320 15 Mar 2022 by 401(k) F1
holding SNBR Common Stock 7,439 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 +5,025 $0.000000 5,025 15 Mar 2022 Common Stock 5,025 $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 2,778 restricted stock units that vest over time. This holding was reduced by 223 shares from a restricted stock unit award that was double-counted.
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.