Samuel R. Hellfeld - Mar 15, 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
Mar 15, 2023
Transactions value $
-$100,969
Form type
4
Date filed
3/17/2023, 04:04 PM
Previous filing
Mar 2, 2023
Next filing
Nov 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNBR Common Stock Award $0 +6.52K +37.51% $0.00 23.9K Mar 15, 2023 Direct F1
transaction SNBR Common Stock Tax liability -$101K -3.55K -14.87% $28.41 20.3K Mar 15, 2023 Direct F2, F3
holding SNBR Common Stock 4.37K Mar 15, 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) Award $0 +13.6K $0.00 13.6K Mar 15, 2023 Common Stock 13.6K $28.41 Direct F4
* 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 Includes 2,320 shares pursuant to a restricted stock unit award that vests over time.
F4 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.