H. Clifford Buster III - Aug 31, 2021 Form 4 Insider Report for TEMPUR SEALY INTERNATIONAL, INC. (TPX)

Role: CEO, North America
Signature: /s/ Bhaskar Rao, Attorney-in-Fact
Stock symbol: TPX
Transactions as of: Aug 31, 2021
Transactions value $: -$1,176,168
Form type: 4
Date filed: 9/1/2021, 04:18 PM
Previous filing: Jul 12, 2021
Next filing: Sep 8, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TPX	Common Stock	Options Exercise	$624K	+40K	+28.44%	$15.61	181K	Aug 31, 2021	Direct
transaction	TPX	Common Stock	Sale	-$1.8M	-40K	-22.14%	$45.01	141K	Aug 31, 2021	Direct	F1
holding	TPX	Common Stock						157K	Aug 31, 2021	Buster Family Trust

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 Options (right to buy)	Options Exercise	$0	-40K	-53.16%	$0.00	35.2K	Aug 31, 2021	Common Stock	40K	$15.61	Direct	F2

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

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $44.89 to $45.16. 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.
F2	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.

Content

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $44.89 to $45.16. 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.

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.