diff --git a/platform/mbed_lib.json b/platform/mbed_lib.json
index 6b03c00..fce62ea 100644
--- a/platform/mbed_lib.json
+++ b/platform/mbed_lib.json
@@ -114,6 +114,17 @@
             "value": null
         },
 
+        "deepsleep-stats-enabled": {
+            "macro_name": "MBED_SLEEP_TRACING_ENABLED",
+            "help": "Set to 1 to enable deepsleep lock stats",
+            "value": null
+        },
+
+        "deepsleep-stats-verbose": {
+            "help": "Stats are logged at each step (need deepsleep-stats-enable)",
+            "value": true
+        },
+
         "cthunk_count_max": {
             "help": "The maximum CThunk objects used at the same time. This must be greater than 0 and less 256",
             "value": 8
@@ -156,6 +167,9 @@
         }
     },
     "target_overrides": {
+        "STM": {
+            "deepsleep-stats-verbose": false
+        },
         "EFM32": {
             "stdio-baud-rate": 115200
         },
diff --git a/platform/source/mbed_power_mgmt.c b/platform/source/mbed_power_mgmt.c
index 9d7724a..8da2c34 100644
--- a/platform/source/mbed_power_mgmt.c
+++ b/platform/source/mbed_power_mgmt.c
@@ -28,6 +28,9 @@
 #include "platform/mbed_wait_api.h"
 
 #include <stdio.h>
+#ifdef MBED_SLEEP_TRACING_ENABLED
+#include <string.h>
+#endif
 
 #if DEVICE_SLEEP
 
@@ -138,19 +141,27 @@
 
 static void sleep_tracker_print_stats(void)
 {
-    mbed_error_printf("Sleep locks held:\r\n");
-    for (int i = 0; i < STATISTIC_COUNT; ++i) {
-        if (sleep_stats[i].count == 0) {
-            continue;
-        }
+    if (sleep_manager_can_deep_sleep()) {
+        mbed_error_printf("deepsleep unlocked");
+#ifdef MBED_DEBUG
+        mbed_error_printf(" but disabled with MBED_DEBUG");
+#endif
+    } else {
+        mbed_error_printf("deepsleep locked by:");
+        for (int i = 0; i < STATISTIC_COUNT; ++i) {
+            if (sleep_stats[i].count == 0) {
+                continue;
+            }
 
-        if (sleep_stats[i].identifier[0] == '\0') {
-            return;
-        }
+            if (sleep_stats[i].identifier[0] == '\0') {
+                return;
+            }
 
-        mbed_error_printf("[id: %s, count: %u]\r\n", sleep_stats[i].identifier,
-                          sleep_stats[i].count);
+            mbed_error_printf(" [%s x %u]", sleep_stats[i].identifier,
+                              sleep_stats[i].count);
+        }
     }
+    mbed_error_printf("\r\n");
 }
 
 void sleep_tracker_lock(const char *const filename, int line)
@@ -164,7 +175,9 @@
 
     core_util_atomic_incr_u8(&stat->count, 1);
 
+#if MBED_CONF_PLATFORM_DEEPSLEEP_STATS_VERBOSE
     mbed_error_printf("LOCK: %s, ln: %i, lock count: %u\r\n", filename, line, deep_sleep_lock);
+#endif
 }
 
 void sleep_tracker_unlock(const char *const filename, int line)
@@ -179,7 +192,9 @@
 
     core_util_atomic_decr_u8(&stat->count, 1);
 
+#if MBED_CONF_PLATFORM_DEEPSLEEP_STATS_VERBOSE
     mbed_error_printf("UNLOCK: %s, ln: %i, lock count: %u\r\n", filename, line, deep_sleep_lock);
+#endif
 }
 
 #endif // MBED_SLEEP_TRACING_ENABLED
diff --git a/targets/TARGET_STM/README.md b/targets/TARGET_STM/README.md
index 533d7ad..11c63ad 100644
--- a/targets/TARGET_STM/README.md
+++ b/targets/TARGET_STM/README.md
@@ -474,6 +474,14 @@
 - debug profile is disabling deepsleep
 - deepsleep can also be disabled by application or drivers using sleep_manager_lock_deep_sleep()
 - deep-sleep-latency value is configured to 4 by default for STM32
+- trace with MBED_SLEEP_TRACING_ENABLED macro is set by default with low verbosity
+```
+    "target_overrides": {
+        "*": {
+            "platform.deepsleep-stats-enabled": true,
+            "platform.deepsleep-stats-verbose": false
+        },
+```
 
 
 ### WiFi configuration