Andrea Lee Bloomquist, SVP of Select Comfort Corporation, recently acquired 20,239 shares of the company. The buys took place at prices ranging from $0.00 to $24.13 per share, on March 28, 2017. Bloomquist now owns 34,884 shares of the company. Bloomquist operates out of Minneapolis, MN. Some additional info was provided as follows:
These shares were withheld from the vesting of a restricted performance stock unit award to cover the estimated tax withholding obligation.
Each performance right represents a contingent right to receive one share of Select Comfort common stock. Vesting of the performance rights will occur only at the end of three years and only if the stock price of Select Comfort's common stock remains at or above a specified level for at least 20 cons
ecutive trading days.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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