4//SEC Filing
STADIUM CAPITAL MANAGEMENT LLC 4
Accession 0000921895-24-002772
CIK 0000827187other
Filed
Nov 17, 7:00 PM ET
Accepted
Nov 18, 6:46 PM ET
Size
21.6 KB
Accession
0000921895-24-002772
Insider Transaction Report
Form 4
STADIUM CAPITAL MANAGEMENT LLC
10% Owner
Transactions
- Purchase
Common Stock, par value $0.01 per share
2024-11-18$12.12/sh+15,000$181,851→ 2,215,000 total(indirect: By: Stadium Capital Partners, L.P.) - Purchase
Common Stock, par value $0.01 per share
2024-11-15$13.51/sh+1,800$24,321→ 2,200,000 total(indirect: By: Stadium Capital Partners, L.P.) - Purchase
Common Stock, par value $0.01 per share
2024-11-15$12.56/sh+9,740$122,306→ 2,198,200 total(indirect: By: Stadium Capital Partners, L.P.) - Purchase
Common Stock, par value $0.01 per share
2024-11-14$13.73/sh+16,600$227,911→ 2,188,460 total(indirect: By: Stadium Capital Partners, L.P.)
Holdings
- 401,459(indirect: By: Stadium Special Opportunity I, L.P.)
Common Stock, par value $0.01 per share
Transactions
- Purchase
Common Stock, par value $0.01 per share
2024-11-15$12.56/sh+9,740$122,306→ 2,198,200 total(indirect: By: Stadium Capital Partners, L.P.) - Purchase
Common Stock, par value $0.01 per share
2024-11-18$12.12/sh+15,000$181,851→ 2,215,000 total(indirect: By: Stadium Capital Partners, L.P.) - Purchase
Common Stock, par value $0.01 per share
2024-11-15$13.51/sh+1,800$24,321→ 2,200,000 total(indirect: By: Stadium Capital Partners, L.P.) - Purchase
Common Stock, par value $0.01 per share
2024-11-14$13.73/sh+16,600$227,911→ 2,188,460 total(indirect: By: Stadium Capital Partners, L.P.)
Holdings
- 401,459(indirect: By: Stadium Special Opportunity I, L.P.)
Common Stock, par value $0.01 per share
Transactions
- Purchase
Common Stock, par value $0.01 per share
2024-11-15$12.56/sh+9,740$122,306→ 2,198,200 total(indirect: By: Stadium Capital Partners, L.P.) - Purchase
Common Stock, par value $0.01 per share
2024-11-15$13.51/sh+1,800$24,321→ 2,200,000 total(indirect: By: Stadium Capital Partners, L.P.) - Purchase
Common Stock, par value $0.01 per share
2024-11-14$13.73/sh+16,600$227,911→ 2,188,460 total(indirect: By: Stadium Capital Partners, L.P.) - Purchase
Common Stock, par value $0.01 per share
2024-11-18$12.12/sh+15,000$181,851→ 2,215,000 total(indirect: By: Stadium Capital Partners, L.P.)
Holdings
- 401,459(indirect: By: Stadium Special Opportunity I, L.P.)
Common Stock, par value $0.01 per share
SEAVER ALEXANDER M
10% Owner
Transactions
- Purchase
Common Stock, par value $0.01 per share
2024-11-14$13.73/sh+16,600$227,911→ 2,188,460 total(indirect: By: Stadium Capital Partners, L.P.) - Purchase
Common Stock, par value $0.01 per share
2024-11-15$12.56/sh+9,740$122,306→ 2,198,200 total(indirect: By: Stadium Capital Partners, L.P.) - Purchase
Common Stock, par value $0.01 per share
2024-11-15$13.51/sh+1,800$24,321→ 2,200,000 total(indirect: By: Stadium Capital Partners, L.P.) - Purchase
Common Stock, par value $0.01 per share
2024-11-18$12.12/sh+15,000$181,851→ 2,215,000 total(indirect: By: Stadium Capital Partners, L.P.)
Holdings
- 401,459(indirect: By: Stadium Special Opportunity I, L.P.)
Common Stock, par value $0.01 per share
Stadium Capital Management GP, L.P.
10% Owner
Transactions
- Purchase
Common Stock, par value $0.01 per share
2024-11-14$13.73/sh+16,600$227,911→ 2,188,460 total(indirect: By: Stadium Capital Partners, L.P.) - Purchase
Common Stock, par value $0.01 per share
2024-11-15$12.56/sh+9,740$122,306→ 2,198,200 total(indirect: By: Stadium Capital Partners, L.P.) - Purchase
Common Stock, par value $0.01 per share
2024-11-15$13.51/sh+1,800$24,321→ 2,200,000 total(indirect: By: Stadium Capital Partners, L.P.) - Purchase
Common Stock, par value $0.01 per share
2024-11-18$12.12/sh+15,000$181,851→ 2,215,000 total(indirect: By: Stadium Capital Partners, L.P.)
Holdings
- 401,459(indirect: By: Stadium Special Opportunity I, L.P.)
Common Stock, par value $0.01 per share
Footnotes (7)
- [F1]This Form 4 is filed jointly by Stadium Capital Management, LLC ("SCM"), Stadium Capital Management GP, L.P. ("SCMGP"), Stadium Special Opportunity I, L.P. ("SSO"), Stadium Capital Partners, L.P. ("SCP") and Alexander M. Seaver (collectively, the "Reporting Persons"). Each of the Reporting Persons may be deemed to be a member of a Section 13(d) group that collectively beneficially owns more than 10% of Sleep Number Corporation's (the "Issuer") outstanding shares of Common Stock. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein.
- [F2]The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $13.4921 to $14.3680 per share. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
- [F3]Securities owned directly by SCP. As the general partner of SCP, SCMGP may be deemed to beneficially own the securities owned directly by SCP. SCM, as the investment advisor of SCP and general partner of SCMGP, may be deemed to beneficially own the securities owned directly by SCP. Mr. Seaver, as the manager of SCM, may be deemed to beneficially own the securities owned directly by SCP.
- [F4]The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $12.4354 to $13.4000 per share. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
- [F5]The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $13.4795 to $13.6300 per share. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
- [F6]The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $12.0400 to $12.2076 per share. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
- [F7]Securities owned directly by SSO. As the general partner of SSO, SCMGP may be deemed to beneficially own the securities owned directly by SSO. SCM, as the investment advisor of SSO and general partner of SCMGP, may be deemed to beneficially own the securities owned directly by SSO. Mr. Seaver, as the manager of SCM, may be deemed to beneficially own the securities owned directly by SSO.
Documents
Issuer
Sleep Number Corp
CIK 0000827187
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001105087
Filing Metadata
- Form type
- 4
- Filed
- Nov 17, 7:00 PM ET
- Accepted
- Nov 18, 6:46 PM ET
- Size
- 21.6 KB