H. Clifford Buster III - Sep 5, 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: Sep 5, 2021
Transactions value $: -$344,141
Form type: 4
Date filed: 9/8/2021, 04:04 PM
Previous filing: Sep 1, 2021
Next filing: Nov 10, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TPX	Common Stock	Options Exercise	$0	+16K	+11.34%	$0.00	157K	Sep 5, 2021	Direct	F1
transaction	TPX	Common Stock	Tax liability	-$344K	-7.51K	-4.8%	$45.80	149K	Sep 5, 2021	Direct
holding	TPX	Common Stock						157K	Sep 5, 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	Restricted Stock Units	Options Exercise	$0	-16K	-100%	$0.00^*	0	Sep 5, 2021	Common Stock	16K	$0.00	Direct	F1, F2

* 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 a contingent right to receive one share of Tempur Sealy International, Inc. common stock.
F2	The restricted stock units ("RSUs") were previously reported as a grant of 15,955 RSUs, subject to a performance condition that was deemed satisfied on March 5, 2019. The RSUs vested in four annual installments beginning on March 5, 2019 and continuing on September 5, 2019, 2020 and 2021. The RSUs have been adjusted to reflect the 4-for-1 stock split, which occurred on November 24, 2020.