Home > Insider Trading > Filing (0001127602-20-007908)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
827187	Sleep Number Corp	SNBR	Household Furniture (2510)	411597886

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1488151	Suresh Krishna	1001 Third Avenue South Minneapolis MN 55404	Svp Chief Ops Sc Lean Officer	No	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2020-02-25	8,800	$19.38	61,790	No	4	M	Direct
Common Stock	Acquisiton	2020-02-25	3,866	$23.61	65,656	No	4	M	Direct
Common Stock	Acquisiton	2020-02-25	2,555	$34.35	68,211	No	4	M	Direct
Common Stock	Disposition	2020-02-25	15,221	$53.00	52,990	No	4	S	Direct
Common Stock	Disposition	2020-02-25	13,600	$53.33	39,390	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	M	Direct
No	4	M	Direct
No	4	S	Direct
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Employee Stock Option (Performance-based)	Disposition	2020-02-25	8,800	$0.00	8,800	$19.38
Common Stock	Employee Stock Option (Right to Buy)	Disposition	2020-02-25	3,866	$0.00	3,866	$23.61
Common Stock	Employee Stock Option (Right to Buy)	Disposition	2020-02-25	2,555	$0.00	2,555	$34.35

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0		2026-04-11	No	4	M	Direct
3,867	2018-03-21	2027-03-21	No	4	M	Direct
5,110	2019-03-21	2028-03-21	No	4	M	Direct

Footnotes

The price reported in Column 4 is a weighted average price. The 15,221 shares were sold in multiple transactions at prices between $53.00 and $53.08, inclusive. The 13,600 shares were sold in multiple transactions at prices between $53.25 and $53.47, inclusive. The reporting person will provide the SEC Staff, Sleep Number or any security holder of Sleep Number, upon request, full information regarding the number of shares sold at each separate price.
This performance-based option grant was earned only if the stock price of Sleep Number's common stock remained at or above a specified level for at least 20 consecutive trading days and was subject to continuous employment with the company for three years from the date of grant. The option grant fully vested and became exercisable on 4/11/19.
This option becomes exercisable with respect to 1/3rd of the shares on each of 3/21/18, 3/21/19 and 3/21/20.
This option becomes exercisable with respect to 1/3 of the shares on each of 3/21/19, 3/21/20 and 3/21/21.