Select Comfort Corporation director just picked up 1,048 shares

Brenda J Lauderback, a director of Select Comfort Corporation, recently acquired 1,048 shares of the company. The buys took place at prices ranging from $0.00 to $29.55 per share, on May 17, 2017. Lauderback now owns 33,290 shares of the company. Lauderback operates out of Minneapolis, MN. Some additional info was provided as follows:

Includes 2,420 restricted stock units that will vest over time. On 5/14/17 the reporting person took receipt of 3,430 shares from a restricted stock award that had previously been deferred. On 5/17/17 restrictions lapsed on 3,303 shares pursuant to a restricted stock unit award and the reporting person has deferred receipt of those shares. These shares were sold to cover the estimated tax liability for a recent deferred RSU vesting ev ent. Includes 2,420 shares pursuant to a restricted stock award. This option becomes fully exercisable on 5/17/18.

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

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