SCOTT L. THOMPSON - 06 May 2021 Form 4 Insider Report for TEMPUR SEALY INTERNATIONAL, INC. (TPX)

Role
CEO & PRESIDENT, Director
Signature
/s/ Bhaskar Rao, Attorney-in-Fact
Issuer symbol
TPX
Transactions as of
06 May 2021
Transactions value $
-$123,351
Form type
4
Filing time
10 May 2021, 16:07:58 UTC
Previous filing
05 Jan 2022
Next filing
24 Sep 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TPX Common Stock Options Exercise $0 +13.1K +0.79% $0.00 1.67M 06 May 2021 Direct F1
transaction TPX Common Stock Tax liability -$123K -3.19K -0.19% $38.68 1.66M 06 May 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TPX Performance Restricted Stock Units Options Exercise $0 -13.1K -100% $0.00* 0 06 May 2021 Common Stock 13.1K $0.00 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-for-one basis.
F2 The matching performance restricted stock units ("MPRSUs") were previously reported as a grant of 16,370 MPRSUs, subject to a performance condition that was deemed satisfied on February 24, 2017. The MPRSUs vested in five annual installments on May 6, 2017, 2018, 2019, 2020 and 2021. The MPRSUs have been adjusted to reflect the 4-for-1 stock split, which occurred on November 24, 2020.