Barbara Ruth Matas - 21 May 2024 Form 4 Insider Report for Sleep Number Corp (SNBR)

Role: Director
Signature: Barbara R. Matas, by Rebecca Long, attorney-in-fact
Issuer symbol: SNBR
Transactions as of: 21 May 2024
Net transactions value: +$26,250
Form type: 4
Filing time: 23 May 2024, 16:08:13 UTC
Previous filing: 14 May 2024
Next filing: 02 Jul 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	+5,457	+21%	$0.000000	31,603	21 May 2024	Direct	F1

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	Phantom Stock	Award	$26,250	+1,712	+7.7%	$15.33	24,049	21 May 2024	Common Stock	1,712		Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes 5,457 restricted stock units that will vest over time. On 5/11/24, restrictions lapsed on 4,195 restricted stock units and the reporting person deferred receipt of the shares.
F2	Each share of Phantom Stock is the economic equivalent of one share of Common Stock. The shares of Phantom Stock become payable in Common Stock, at the election of the reporting person.