MINNEAPOLIS--(BUSINESS WIRE)-- Sleep Number Corporation (Nasdaq: SNBR) recently disclosed the details of equity awards granted to Amber Minson, the company's newly appointed Executive Vice President and Chief Marketing Officer. Effective May 5, 2025, Minson's compensation package includes inducement awards of 21,724 shares in a performance stock unit award, which will vest on the third anniversary of the grant date. The number of shares earned will depend on Sleep Number's actual performance from fiscal years 2025 to 2027 and its relative total shareholder return. Additionally, Minson will receive 21,724 shares in a time-vested restricted stock unit award, vesting in three equal installments annually from the grant date. These awards, approved by the Management Development and Compensation Committee and granted outside of Sleep Number's equity incentive plan, are contingent upon her continued employment.
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