Joseph Hunter Saklad - 15 Mar 2023 Form 4 Insider Report for Sleep Number Corp (SNBR)

Role
EVP, Chief Supply Chain Office
Signature
/s/ Joseph Hunter Saklad, by Rebecca Long, attorney-in-fact
Issuer symbol
SNBR
Transactions as of
15 Mar 2023
Net transactions value
-$93,185
Form type
4
Filing time
17 Mar 2023, 16:11:10 UTC
Previous filing
31 Mar 2022
Next filing
05 Jan 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNBR Common Stock Award $0 +6,519 +14% $0.000000 54,278 15 Mar 2023 Direct F1
transaction SNBR Common Stock Tax liability $93,185 -3,280 -6% $28.41 50,998 15 Mar 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 +10,910 $0.000000 10,910 15 Mar 2023 Common Stock 10,910 $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.