Shelly Radue Ibach - May 16, 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
Stock symbol: SNBR
Transactions as of: May 16, 2022
Transactions value $: $0
Form type: 4
Date filed: 5/18/2022, 04:02 PM
Previous filing: Mar 31, 2022
Next filing: Sep 20, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	SNBR	Common Stock						88K	May 16, 2022	Direct	F1
holding	SNBR	Common Stock						15.4K	May 16, 2022	by 401(k)
holding	SNBR	Common Stock						209K	May 16, 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	+4.34K		$0.00	4.34K	May 16, 2022	Common Stock	4.34K	$41.95	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes 88,009 restricted stock units which the reporting person has deferred.
F2	This option becomes exercisable with respect to 1/3rd of the shares on each of 5/16/2023, 5/16/2024 and 5/16/2025.