Select Comfort Corporation director just cashed-in 18,500 options

Brenda J Lauderback, a director of Select Comfort Corporation, recently cashed-in 18,500 options. The options were exercised at prices ranging between $2.97 and $6.23, while the disposals took place at $32.65 per share, on July 20, 2017. Lauderback continues to hold 33,290 shares of the company. Lauderback 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 $32.6500 and $32.6700, inclusive. The reporting person will provide to 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. Includes 2,420 restricted st ock units that will vest over time.

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

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