Hansbart Wijnand - 04 Jan 2022 Form 4 Insider Report for TEMPUR SEALY INTERNATIONAL, INC. (TPX)

Role
EVP, INTERNATIONAL
Signature
/s/ Bhaskar Rao, Attorney-in-Fact
Issuer symbol
TPX
Transactions as of
04 Jan 2022
Transactions value $
-$406,095
Form type
4
Filing time
06 Jan 2022, 15:26:21 UTC
Previous filing
05 Jan 2022
Next filing
23 Feb 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 $0 +11,844 +142% $0 20,213 04 Jan 2022 Direct F1
transaction TPX Common Stock Tax liability -$268,385 -5,567 -28% $48.21 14,646 04 Jan 2022 Direct
transaction TPX Common Stock Options Exercise $0 +4,016 +27% $0 18,662 04 Jan 2022 Direct F1
transaction TPX Common Stock Tax liability -$91,020 -1,888 -10% $48.21 16,774 04 Jan 2022 Direct
transaction TPX Common Stock Options Exercise $0 +2,120 +13% $0 18,894 05 Jan 2022 Direct F1
transaction TPX Common Stock Tax liability -$46,689 -997 -5.3% $46.83 17,897 05 Jan 2022 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 Restricted Stock Units Award $0 +10,372 $0 10,372 04 Jan 2022 Common Stock 10,372 $0 Direct F2
transaction TPX Restricted Stock Units Options Exercise $0 -11,844 -50% $0 11,844 04 Jan 2022 Common Stock 11,844 $0 Direct F1, F3
transaction TPX Restricted Stock Units Options Exercise $0 -4,016 -25% $0 12,046 04 Jan 2022 Common Stock 4,016 $0 Direct F1, F4
transaction TPX Restricted Stock Units Options Exercise $0 -2,120 -100% $0* 0 05 Jan 2022 Common Stock 2,120 $0 Direct F1, F5
* 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 On January 4, 2022, the reporting person was granted 10,372 restricted stock units, vesting in four annual installments beginning on the first anniversary of the grant date.
F3 On January 4, 2019, the reporting person was granted 47,384 restricted stock units ("RSUs") adjusted to reflect the 4-for-1 stock split, which occurred on November 24, 2020. These RSUs vest in four annual installments on January 4, 2020, 2021, 2022 and 2023.
F4 On January 4, 2021, the reporting person was granted 16,062 restricted stock units, vesting in approximately four equal annual installments beginning on the first anniversary of the grant date.
F5 On January 5, 2018, the reporting person was granted 8,488 RSUs, adjusted to reflect the 4-for-1 stock split, which occurred on November 24, 2020. These RSUs vest in four annual installments on January 5, 2019, 2020, 2021 and 2022.