Barbara Ruth Matas, a director of Select Comfort Corporation, recently acquired 2,420 shares of the company. The buys took place at $0.00 per share (and therefore, likely the result of option or restricted share grants), on May 17, 2017. Matas now owns 5,723 shares of the company. Matas operates out of Minneapolis, MN. Some additional info was provided as follows:
Includes 2,420 restricted stock units that will vest over time. On 5/17/17 restrictions lapsed on 3,303 shares pursuant to a restricted stock unit award and the reporting person has deferred receipt of 2,775 of those shares.
This option becomes fully exercisable on 5/17/18.
Each share of Phantom Stock is the economic equivalent of one share of Common Stock. The shares of Phantom Stock become payable in Co
mmon 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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