Melissa Barra - Mar 15, 2023 Form 4 Insider Report for Sleep Number Corp (SNBR)

Role
EVP, Chief Sales & Services
Signature
/s/ Melissa Barra, by Rebecca Long, attorney-in-fact
Stock symbol
SNBR
Transactions as of
Mar 15, 2023
Transactions value $
-$177,761
Form type
4
Date filed
3/17/2023, 04:01 PM
Previous filing
Jan 4, 2023
Next filing
Jan 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNBR Common Stock Award $0 +12.6K +22.13% $0.00 69.7K Mar 15, 2023 Direct F1
transaction SNBR Common Stock Tax liability -$178K -6.26K -8.98% $28.41 63.4K Mar 15, 2023 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 +16.4K $0.00 16.4K Mar 15, 2023 Common Stock 16.4K $28.41 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On 3/15/23 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 This option becomes exercisable with respect to 1/3 of the shares on each of 3/15/24, 3/15/25 and 3/15/26.