Suresh Krishna, Select Comfort Corporation's SVP Chief Ops SC Lean Officer, recently acquired 33,660 shares of the company. The buys took place at $0.00 per share, on April 11, 2016. Krishna now owns 33,660 shares of the company. Krishna operates out of Minneapolis, MN. Some additional info was provided as follows:
Includes 33,660 restricted stock units that will vest over time.
This performance-based option grant will be earned only if the stock price of Select Comfort's common stock remains at or above a specified level for at least 20 consecutive trading days and is subject to continuous employment with the company for three years from the date of grant.
This option becomes exercisable with respect to 1/3rd of the shares on each of 4/11/17, 4/11/18 and 4/11/19.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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