Bhaskar Rao - Oct 13, 2021 Form 4 Insider Report for TEMPUR SEALY INTERNATIONAL, INC. (TPX)

Signature
/s/ Bhaskar Rao
Stock symbol
TPX
Transactions as of
Oct 13, 2021
Transactions value $
-$166,484
Form type
4
Date filed
10/14/2021, 04:16 PM
Previous filing
Sep 7, 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 $0 +12K +5.73% $0.00 221K Oct 13, 2021 Direct F1
transaction TPX Common Stock Tax liability -$166K -3.78K -1.71% $44.02 217K Oct 13, 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 Restricted Stock Units Options Exercise $0 -12K -100% $0.00* 0 Oct 13, 2021 Common Stock 12K $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 Restricted stock units convert into common stock on a one-for-one basis.
F2 The restricted stock units ("RSUs") were previously reported as a grant of 11,969 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 October 13, 2019, 2020 and 2021. The RSUs have been adjusted to reflect the 4-for-1 stock split, which occurred on November 24, 2020.