Select Comfort Corporation's President and CEO just disposed of 65,844 shares

Shelly Radue Ibach, Select Comfort Corporation's President and CEO and a director of the company, recently disposed of 65,844 shares of the company. The disposals took place at prices ranging from $10.63 to $31.25 per share, on dates ranging from April 24 to April 25, 2017. Ibach still owns 88,607 shares of the company. Ibach operates out of Minneapolis, MN. Some additional info was provided as follows:

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices between $31.00 and $31.49, inclusive. The reporting person will provide the SEC Staff, Select Comfort or any security holder of Select Comfort, upon request, full information regarding the number of shares sold at each separate price. The price repor ted in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices between $30.55 and $30.60, inclusive. The reporting person will provide the SEC Staff, Select Comfort or any security holder of Select Comfort, upon request, full information regarding the number of shares sold at each separate price. Due to a software reporting issue, the previously reported 401k balance was overstated. The above reported balance is the correct balance in the reporting person's 401k account and there has been no activity within this acccount. This option became fully exercisable on 11/27/11.

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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