Bhaskar Rao - Jul 8, 2021 Form 4 Insider Report for TEMPUR SEALY INTERNATIONAL, INC. (TPX)

Signature
/s/ Bhaskar Rao
Stock symbol
TPX
Transactions as of
Jul 8, 2021
Transactions value $
-$2,326,437
Form type
4
Date filed
7/12/2021, 04:06 PM
Previous filing
Jun 7, 2021
Next filing
Sep 1, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TPX Common Stock Options Exercise $1.69M +97K +51.9% $17.38 284K Jul 8, 2021 Direct
transaction TPX Common Stock Sale -$2.41M -63.1K -22.23% $38.15 221K Jul 8, 2021 Direct F1, F2
transaction TPX Common Stock Sale -$338K -8.65K -3.92% $39.02 212K Jul 8, 2021 Direct F1, F3
transaction TPX Common Stock Options Exercise $881K +56.4K +26.6% $15.61 269K Jul 8, 2021 Direct
transaction TPX Common Stock Sale -$1.26M -33K -12.3% $38.10 236K Jul 8, 2021 Direct F1, F4
transaction TPX Common Stock Sale -$285K -7.32K -3.11% $38.95 228K Jul 8, 2021 Direct F1, F5
transaction TPX Common Stock Options Exercise $190K +20.6K +9.01% $9.26* 249K Jul 8, 2021 Direct
transaction TPX Common Stock Sale -$500K -12.9K -5.18% $38.86 236K Jul 8, 2021 Direct F1, F6
transaction TPX Common Stock Options Exercise $166K +11.5K +4.89% $14.38 247K Jul 8, 2021 Direct
transaction TPX Common Stock Sale -$313K -8.06K -3.26% $38.89 239K Jul 8, 2021 Direct F1, F7
transaction TPX Common Stock Options Exercise $91.6K +7.06K +2.95% $12.97 246K Jul 8, 2021 Direct
transaction TPX Common Stock Sale -$188K -4.79K -1.94% $39.32 242K Jul 8, 2021 Direct F1
transaction TPX Common Stock Options Exercise $77.9K +4.36K +1.8% $17.88 246K Jul 8, 2021 Direct
transaction TPX Common Stock Sale -$128K -3.26K -1.32% $39.32 243K Jul 8, 2021 Direct F1

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 Option (right to buy) Options Exercise $0 -97K -100% $0.00* 0 Jul 8, 2021 Common Stock 97K $17.38 Direct F8
transaction TPX Stock Options (right to buy) Options Exercise $0 -56.4K -75% $0.00 18.8K Jul 8, 2021 Common Stock 56.4K $15.61 Direct F9
transaction TPX Stock Options (right to buy) Options Exercise $0 -20.6K -100% $0.00* 0 Jul 8, 2021 Common Stock 20.6K $9.26 Direct F10
transaction TPX Stock Option (right to buy) Options Exercise $0 -11.5K -100% $0.00* 0 Jul 8, 2021 Common Stock 11.5K $14.38 Direct F11
transaction TPX Stock Options (right to buy) Options Exercise $0 -7.06K -100% $0.00* 0 Jul 8, 2021 Common Stock 7.06K $12.97 Direct F12
transaction TPX Stock Option (right to buy) Options Exercise $0 -4.36K -100% $0.00* 0 Jul 8, 2021 Common Stock 4.36K $17.88 Direct F13
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 8, 2021.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.8 to $38.79. 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.8 to $39.28. 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.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.78 to $38.77. 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.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.8 to $39.255. 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.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.64 to $39.14. 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.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.64 to $39.14. 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.
F8 The option was previously reported as covering 24,248 shares at an exercise price of $69.50 per share, vesting in four annual installments on January 5, 2018, 2019, 2020 and 2021. The option and exercise price have been adjusted to reflect the 4-for-1 stock split, which occurred on November 24, 2020.
F9 The option was previously reported as covering 18,812 shares at an exercise price of $62.45 per share, vesting in four annual installments on January 5, 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.
F10 The option was previously reported as covering 5,142 shares at an exercise price of $37.05 per share, vesting in two annual installments on February 22, 2014 and 2015. The option and exercise price have been adjusted to reflect the 4-for-1 stock split, which occurred on November 24, 2020.
F11 The option was previously reported as covering 2,886 shares at an exercise price of $57.51 per share, vesting in three annual installments on February 27, 2016, 2017 and 2018. The option and exercise price have been adjusted to reflect the 4-for-1 stock split, which occurred on November 24, 2020.
F12 The option was previously reported as covering 1,766 shares at an exercise price of $51.87 per share, vesting in three annual installments on February 28, 2015, 2016 and 2017. The option and exercise price have been adjusted to reflect the 4-for-1 stock split, which occurred on November 24, 2020.
F13 The option was previously reported as covering 1,089 shares at an exercise price of $71.50 per share, vesting in three annual installments on February 9, 2013, 2014 and 2015. The option and exercise price have been adjusted to reflect the 4-for-1 stock split, which occurred on November 24, 2020.