Joseph Hunter Saklad, Select Comfort Corporation's SVP & CIO, recently cashed-in 8,850 options. The options were exercised at prices ranging between $9.75 and $17.34, while the disposals took place at $30.69 per share, on April 25, 2017. Saklad continues to hold 37,050 shares of the company. Saklad 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 $30.69 and $30.70, 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.
This option became exercisable with respect
to 25% of the shares on each of 6/4/11, 6/4/12, 6/4/13 and 6/4/14.
This option became exercisable with respect to 25% of the shares on each of 5/11/12, 5/11/13, 5/11/14 and 5/11/15.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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