Barbara Ruth Matas - May 11, 2023 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 11, 2023
Transactions value $
$28,750
Form type
4
Date filed
5/15/2023, 04:07 PM
Previous filing
Apr 4, 2023
Next filing
Jul 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNBR Common Stock Award $0 +4.2K +19.11% $0.00 26.1K May 11, 2023 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 Employee Stock Option (Right to Buy) Award $0 +2.37K $0.00 2.37K May 11, 2023 Common Stock 2.37K $20.54 Direct
transaction SNBR Phantom Stock Award $28.8K +1.4K +8.54% $20.54 17.8K May 11, 2023 Common Stock 1.4K Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 4,195 restricted stock units that will vest over time. On 5/11/23, restrictions lapsed on 2,265 shares pursuant to 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.