THOMAS A. MURRAY - 14 Sep 2021 Form 4 Insider Report for TEMPUR SEALY INTERNATIONAL, INC. (TPX)

Role
EVP, CMO U.S.
Signature
/s/ Bhaskar Rao, Attorney-in-Fact
Issuer symbol
TPX
Transactions as of
14 Sep 2021
Transactions value $
-$960,701
Form type
4
Filing time
16 Sep 2021, 16:02:56 UTC
Previous filing
10 May 2021
Next filing
06 Jan 2022
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 $52,925 +4,794 +5.7% $11.04 88,377 14 Sep 2021 Direct
transaction TPX Common Stock Sale -$230,367 -4,794 -5.4% $48.05 83,583 14 Sep 2021 Direct F1
transaction TPX Common Stock Options Exercise $235,836 +21,362 +26% $11.04 104,945 15 Sep 2021 Direct
transaction TPX Common Stock Sale -$1,019,095 -21,362 -20% $47.71 83,583 15 Sep 2021 Direct F2

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 Stock Options (right to buy) Options Exercise $0 -4,794 -14% $0 30,078 14 Sep 2021 Common Stock 4,794 $11.04 Direct F3
transaction TPX Stock Options (right to buy) Options Exercise $0 -21,362 -71% $0 8,716 15 Sep 2021 Common Stock 21,362 $11.04 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $48.0400 to $48.0700. The reporting person undertakes 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 sold at each separate price within the ranges set forth in this footnote.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.62 to $47.75. The reporting person undertakes 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 sold at each separate price within the ranges set forth in this footnote.
F3 The option was previously reported as covering 8,718 shares at an exercise price of $44.16 per share, vesting in four annual installments on May 7, 2019, 2020, 2021 and 2022. The option and exercise price have been adjusted to reflect the 4-for-1 stock split, which occurred on November 24, 2020.