Barbara Ruth Matas - May 12, 2022 Form 4 Insider Report for Sleep Number Corp (SNBR)

Role
Director
Signature
Barbara R. Matas, by Rebecca Long, attorney-in-fact
Stock symbol
SNBR
Transactions as of
May 12, 2022
Transactions value $
$27,651
Form type
4
Date filed
5/16/2022, 04:09 PM
Previous filing
Apr 5, 2022
Next filing
Jul 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNBR Common Stock Award $0 +2.27K +11.51% $0.00 22K May 12, 2022 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 Stock Option (right to buy) Award $0 +1.44K $0.00 1.44K May 12, 2022 Common Stock 1.44K $40.78 Direct
transaction SNBR Phantom Stock Award $27.7K +678 +5.23% $40.78 13.6K May 12, 2022 Common Stock 678 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 2,265 restricted stock units that will vest over time. On 5/12/22, 820 shares vested from a restricted stock unit award and the reporting person has 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.