Shelly Radue Ibach - Mar 29, 2022 Form 4 Insider Report for Sleep Number Corp (SNBR)

Signature
/s/ Shelly Radue Ibach, by Rebecca Long, attorney-in-fact
Stock symbol
SNBR
Transactions as of
Mar 29, 2022
Transactions value $
-$2,103,355
Form type
4
Date filed
3/31/2022, 04:00 PM
Previous filing
Mar 17, 2022
Next filing
May 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNBR Common Stock Award $0 +83K +94.36% $0.00 171K Mar 29, 2022 Direct F1
transaction SNBR Common Stock Tax liability -$2.1M -37.9K -22.14% $55.54 133K Mar 29, 2022 Direct F2
transaction SNBR Common Stock Gift $0 -45.2K -33.92% $0.00 88K Mar 29, 2022 Direct F3, F4
transaction SNBR Common Stock Gift $0 +45.2K +27.6% $0.00 209K Mar 29, 2022 by Family Trust
holding SNBR Common Stock 15.4K Mar 29, 2022 by 401(k)
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On 3/29/22 shares vested from a performance-based restricted stock unit award.
F2 These shares were withheld from the vesting of a performance-based restricted stock unit award to cover the estimated tax withholding obligation.
F3 The reporting person transferred these shares as a gift to her family trust.
F4 Includes 88,009 restricted stock units which the reporting person has deferred.