Barbara Ruth Matas, a director of Select Comfort Corporation, has just filed an initial statement of beneficial ownership where 3,303 shares of Select Comfort Corporation were declared. This form is usually filed as a prelude to receiving options or buying company shares, so there may be more to come from Matas. Matas operates out of Minneapolis, MN. Some additional info was provided as follows:
Includes 3,303 restricted stock units that will vest over time.
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.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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