Samuel R. Hellfeld - Feb 28, 2023 Form 4 Insider Report for Sleep Number Corp (SNBR)

Role
EVP Chief Legal & Risk Officer
Signature
/s/ Samuel R. Hellfeld, by Rebecca L. Long, attorney-in-fact
Stock symbol
SNBR
Transactions as of
Feb 28, 2023
Transactions value $
-$14,892
Form type
4
Date filed
3/2/2023, 03:00 PM
Previous filing
Mar 31, 2022
Next filing
Mar 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNBR Common Stock Options Exercise $26.2K +1.36K +9.22% $19.27 16.1K Feb 28, 2023 Direct
transaction SNBR Common Stock Sale -$41.1K -1.05K -6.52% $39.11 15.1K Feb 28, 2023 Direct F1, F2
holding SNBR Common Stock 4.36K Feb 28, 2023 by 401k

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) Options Exercise $0 -1.36K -100% $0.00* 0 Feb 28, 2023 Common Stock 1.36K $19.27 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 to cover the exercise price and the reporting person's estimated tax obligation.
F2 Includes 2,320 shares pursuant to a restricted stock unit award that vests over time.
F3 This option became exercisable with respect to 1/3 of the shares on each of 4/1/14, 4/1/15 and 4/1/16.