Bhaskar Rao - Jun 3, 2021 Form 4 Insider Report for TEMPUR SEALY INTERNATIONAL, INC. (TPX)

Role: EVP & Chief Financial Officer
Signature: /s/ Bhaskar Rao
Stock symbol: TPX
Transactions as of: Jun 3, 2021
Transactions value $: -$81,056
Form type: 4
Date filed: 6/7/2021, 04:10 PM
Previous filing: Jan 5, 2022
Next filing: Jul 12, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TPX	Common Stock	Options Exercise	$0	+6.76K	+3.71%	$0.00	189K	Jun 3, 2021	Direct
transaction	TPX	Common Stock	Tax liability	-$81.1K	-2.14K	-1.13%	$37.93	187K	Jun 3, 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	-6.76K	-100%	$0.00^*	0	Jun 3, 2021	Common Stock	6.76K	$0.00	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The matching performance restricted stock units ("MPRSUs") were previously reported as a grant of 8,450 MPRSUs, subject to a performance condition that was deemed satisfied on February 24, 2017. The MPRSUs vested in five annual installments on June 3, 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.