Robert B. Trussell Jr - May 6, 2021 Form 4 Insider Report for TEMPUR SEALY INTERNATIONAL, INC. (TPX)

Role
Director
Signature
/s/ Bhaskar Rao, Attorney-in-Fact
Stock symbol
TPX
Transactions as of
May 6, 2021
Transactions value $
$0
Form type
4
Date filed
5/10/2021, 04:20 PM
Next filing
Jun 7, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TPX Common Stock Award $0 +3.62K +7.15% $0.00 54.3K May 6, 2021 Direct F1, F2
holding TPX Common Stock 40K May 6, 2021 By RBT Investments LLC F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents the right to receive one share of common stock of the issuer as described below. The restricted stock units vest in full on the first year anniversary of the grant date. The vested shares will be delivered to the reporting person on such vesting date unless an election has been made by the reporting person to defer receipt of such shares to a later date.
F2 On November 24, 2020 the common stock of Tempur Sealy International, Inc. split 4-for-1, resulting in the reporting person's ownership of 37,983 additional shares of common stock.
F3 On November 24, 2020 the common stock of Tempur Sealy International, Inc. split 4-for-1, resulting in RBT Investments LLC's ownership of 30,000 additional shares of common stock.
F4 The reporting person and his spouse control the investment and voting decisions of RBT Investments, LLC indirectly as trustees of the members of RBT Management, LLC, the manager for RBT Investments, LLC.