Thomas A. Murray - Sep 14, 2021 Form 4 Insider Report for TEMPUR SEALY INTERNATIONAL, INC. (TPX)

Role
EVP, CMO U.S.
Signature
/s/ Bhaskar Rao, Attorney-in-Fact
Stock symbol
TPX
Transactions as of
Sep 14, 2021
Transactions value $
-$960,701
Form type
4
Date filed
9/16/2021, 04:02 PM
Previous filing
May 10, 2021
Next filing
Jan 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TPX Common Stock Options Exercise $52.9K +4.79K +5.74% $11.04* 88.4K Sep 14, 2021 Direct
transaction TPX Common Stock Sale -$230K -4.79K -5.42% $48.05 83.6K Sep 14, 2021 Direct F1
transaction TPX Common Stock Options Exercise $236K +21.4K +25.56% $11.04* 105K Sep 15, 2021 Direct
transaction TPX Common Stock Sale -$1.02M -21.4K -20.36% $47.71 83.6K Sep 15, 2021 Direct F2

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 -4.79K -13.75% $0.00 30.1K Sep 14, 2021 Common Stock 4.79K $11.04 Direct F3
transaction TPX Stock Options (right to buy) Options Exercise $0 -21.4K -71.02% $0.00 8.72K Sep 15, 2021 Common Stock 21.4K $11.04 Direct F3
* 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 $48.0400 to $48.0700. 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.62 to $47.75. 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 option was previously reported as covering 8,718 shares at an exercise price of $44.16 per share, vesting in four annual installments on May 7, 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.