Hansbart Wijnand - Jan 1, 2022 Form 3 Insider Report for TEMPUR SEALY INTERNATIONAL, INC. (TPX)

Signature
/s/ Bhaskar Rao, Attorney-in-Fact
Stock symbol
TPX
Transactions as of
Jan 1, 2022
Transactions value $
$0
Form type
3
Date filed
1/5/2022, 03:06 PM
Next filing
Jan 5, 2022

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
holding TPX Restricted Stock Units Jan 1, 2022 Common Stock 2.12K $0.00 Direct F1
holding TPX Restricted Stock Units Jan 1, 2022 Common Stock 23.7K $0.00 Direct F2
holding TPX Performance Restricted Stock Units Jan 1, 2022 Common Stock 42.1K $0.00 Direct F3
holding TPX Restricted Stock Units Jan 1, 2022 Common Stock 5.26K $0.00 Direct F4
holding TPX Restricted Stock Units Jan 1, 2022 Common Stock 16.1K $0.00 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On January 5, 2018, the reporting person was granted 8,488 restricted stock units (RSUs). Pursuant to the award agreement, two installments of 2,124 RSUs and one installment of 2,120 RSUs vested and were distributed to the reporting person on January 5, 2019, 2020 and 2021, respectively. The remaining installment of 2,120 RSUs vest on January 5, 2022. The RSUs have been adjusted to reflect the 4-for-1 stock split, which occurred on November 24, 2020.
F2 On January 4, 2019, the reporting person was granted 47,384 restricted stock units (RSUs). Pursuant to the award agreement, two equal installments of 11,848 RSUs vested and were distributed to the reporting person on January 4, 2020 and 2021, respectively. The remaining two equal installments of 11,844 RSUs vest on January 4, 2022 and 2023, respectively. The RSUs have been adjusted to reflect the 4-for-1 stock split, which occurred on November 24, 2020.
F3 On February 4, 2021, the Compensation Committee of the Board of Directors determined that the maximum performance condition for the performance restricted stock units (PRSUs) granted on January 3, 2020 was achieved. The PRSUs vest in approximately three equal installments on January 3, 2022, 2023 and 2024 and have been adjusted to reflect the 4-for-1 stock split, which occurred on November 24, 2020.
F4 On January 3, 2020, the reporting person was granted 7,012 restricted stock units (RSUs). Pursuant to the award agreement, one installment of 1,756 RSUs vested and were distributed to the reporting person on January 3, 2021. The remaining three installments of 1,752 RSUs each vest on January 3, 2022, 2023 and 2024, respectively. The RSUs have been adjusted to reflect the 4-for-1 stock split, which occurred on November 24, 2020.
F5 On January 4, 2021, the reporting person was granted 16,062 restricted stock units, vesting in approximately four equal annual installments beginning on the first anniversary of the grant date.