H. Clifford Buster III - Nov 9, 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
Nov 9, 2021
Transactions value $
-$315,025
Form type
4
Date filed
11/10/2021, 06:35 PM
Previous filing
Sep 8, 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 +15K +9.83% $0.00 168K Nov 9, 2021 Direct F1
transaction TPX Common Stock Tax liability -$315K -7.08K -4.21% $44.47 161K Nov 9, 2021 Direct
holding TPX Common Stock 157K Nov 9, 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 Performance Restricted Stock Units Options Exercise $0 -15K -50% $0.00 15K Nov 9, 2021 Common Stock 15K $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 matching performance restricted stock units ("MPRSUs") were previously reported as a grant of 18,800 MPRSUs, subject to a performance condition that was deemed satisfied on March 5, 2019. The MPRSUs vest in five annual installments beginning on March 5, 2019 and continuing on November 9, 2019, 2020, 2021 and 2022. The MPRSUs have been adjusted to reflect the 4-for-1 stock split, which occurred on November 24, 2020.41lo