Peter R. Sachse - 05 Feb 2025 Form 4 Insider Report for TEMPUR SEALY INTERNATIONAL, INC. (TPX)

Role
Director
Signature
/s/ Bhaskar Rao Attorney-in-Fact
Issuer symbol
TPX
Transactions as of
05 Feb 2025
Transactions value $
$0
Form type
4
Filing time
07 Feb 2025, 16:17:40 UTC
Previous filing
24 Jun 2024
Next filing
15 May 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TPX Common Stock Award $0 +120,354 $0 120,354 05 Feb 2025 Direct F1
transaction TPX Common Stock Award $0 +599 +0.5% $0 120,953 05 Feb 2025 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person held equity in Mattress Firm Group Inc., which merged into a subsidiary of the issuer (the "Merger") on February 5, 2025. The reporting person received cash and 120,354 shares of the issuer's common stock in connection with the Merger. As required by the merger agreement, the issuer's stock was valued at $65.65 per share, which is the non-weighted average of the opening and closing price of the issuer's common stock on February 4, 2025.
F2 Each restricted stock unit represents the right to receive one share of common stock of the issuer as described in the next sentence. The restricted stock units vest in full on May 9, 2025.