Samuel R. Hellfeld - 15 Mar 2022 Form 4 Insider Report for Sleep Number Corp (SNBR)

Role: SVP Chief Legal & Risk Officer
Signature: /s/ Samuel R. Hellfeld, by Rebecca L. Long, attorney-in-fact
Issuer symbol: SNBR
Transactions as of: 15 Mar 2022
Net transactions value: -$1,334
Form type: 4
Filing time: 17 Mar 2022, 16:07:32 UTC
Previous filing: 21 Sep 2021
Next filing: 31 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SNBR	Common Stock	Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities	$1,334	-21	-0.49%	$63.47	4,266	15 Mar 2022	by 401k	F1
holding	SNBR	Common Stock						10,216	15 Mar 2022	Direct

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	+6,180		$0.000000	6,180	15 Mar 2022	Common Stock	6,180	$61.66	Direct	F2

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

Explanation of Responses:

Id	Content
F1	These shares were sold pursuant to 401(k) Nondiscrimination testing and not at the direction of the reporting person.
F2	This stock option grant becomes exercisable with respect to 1/3 of the shares on each of 3/15/23, 3/15/24 and 3/15/25.