SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
X	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* ST PAUL FIRE & MARINE INSURANCE CO (Last) (First) (Middle) 385 WASHINGTON STREET (Street) ST. PAUL MN 55102 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol SELECT COMFORT CORP [ SCSS ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) Other (specify below)
	3. Date of Earliest Transaction (Month/Day/Year) 11/10/2003
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	11/10/2003		S		936,216	D	$26.8	534,818	D(5)
Common Stock	11/11/2003		X		32,710	A	$3.21	567,528	D(5)
Common Stock	11/11/2003		S		3,407	D	$30.823	564,121	D(5)
Common Stock	11/10/2003		S		64,162	D	$26.8	20,886	I	see footnote(1)(5)
Common Stock	11/10/2003		S		351,191	D	$26.8	38,890	I	see footnote(2)(5)
Common Stock	11/10/2003		S		1,087,857	D	$26.8	0	I	see footnote(3)(5)
Common Stock	11/11/2003		X		1,640,000	A	$1	0	I	see footnote(3)(5)
Common Stock	11/11/2003		S		54,682	D	$29.992	593,660(6)	I	see footnote(3)(5)
Common Stock								37,900	I	see footnote(4)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Warrant (Right to Buy)	$3.21	11/11/2003		X			32,710	12/28/1995	12/28/2005	Common Stock	32,710	$0	0	D(5)
Warrant (Right to Buy)	$1	11/11/2003		X			1,640,000	06/06/2001	06/06/2006	Common Stock	1,640,000	$16,400	0	I	see footnote(3)(5)

Explanation of Responses:

1. Owned directly by St. Paul Venture Capital IV, LLC ("SPVC IV"). The reporting person owns 99% of the membership interests of SPVC IV and has appointed a majority of the members of the board of directors of SPVC IV, and may therefore be deemed to be the beneficial owner of such shares.

2. Owned directly by St. Paul Venture Capital V, LLC ("SPVC V"). The reporting person owns 99% of the membership interests of SPVC V and has appointed a majority of the members of the board of directors of SPVC V, and may therefore be deemed to be the beneficial owner of such shares.

3. Owned directly by St. Paul Venture Capital VI, LLC ("SPVC VI"). The reporting person owns 99% of the membership interests of SPVC VI and has appointed a majority of the members of the board of directors of SPVC VI, and may therefore be deemed to be the beneficial owner of such shares.

4. Owned directly by Symmetry Growth Capital, LLC ("Symmetry"). The reporting person owns 97.5% of the membership interests of Symmetry, and may therefore be deemed to be the beneficial owner of such shares.

5. St. Paul Venture Capital, Inc. is affiliated with and the manager of SPVC IV, SPVC V and SPVC VI. In addition, St. Paul Venture Capital, Inc. has been designated as manager of the shares held directly by the reporting person. The reporting person has appointed a majority of the members of the board of directors of St. Paul Venture Capital, Inc.

6. Represents number of shares owned after giving effect to the net exercise of the warrant on November 11, 2003 and the sale of shares on November 10, 2003.

	/s/ Steven L.P. Schwen, Authorized Representative	11/12/2003
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.