Joel J. Laing - Mar 15, 2023 Form 4 Insider Report for Sleep Number Corp (SNBR)

Role
Treasurer & CAO
Signature
/s/ Joel J. Laing, by Rebecca L. Long, attorney-in-fact
Stock symbol
SNBR
Transactions as of
Mar 15, 2023
Transactions value $
-$14,802
Form type
4
Date filed
3/17/2023, 04:09 PM
Previous filing
Dec 16, 2022
Next filing
Mar 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNBR Common Stock Award $0 +860 +17.76% $0.00 5.7K Mar 15, 2023 Direct F1
transaction SNBR Common Stock Award $0 +817 +14.33% $0.00 6.52K Mar 15, 2023 Direct F2
transaction SNBR Common Stock Tax liability -$8.35K -294 -4.51% $28.41 6.23K Mar 15, 2023 Direct F3
transaction SNBR Common Stock Tax liability -$6.45K -227 -3.65% $28.41 6K Mar 15, 2023 Direct F4, F5
holding SNBR Common Stock 543 Mar 15, 2023 by 401(k)

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 +1.46K $0.00 1.46K Mar 15, 2023 Common Stock 1.46K $28.41 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These restricted stock units were awarded on 3/15/23 and vest over time.
F2 On 3/15/23 shares vested from a performance-based restricted stock unit award.
F3 These shares were withheld from the vesting of a performance-based restricted stock unit award to cover the estimated tax withholding obligation.
F4 These shares were withheld from the vesting of restricted stock unit awards to cover the estimated tax withholding obligation.
F5 Includes 2,039 restricted stock units that vest over time.
F6 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.