Scott Vollet - Jan 4, 2022 Form 4 Insider Report for TEMPUR SEALY INTERNATIONAL, INC. (TPX)

Role
EVP, Global Operations
Signature
/s/ Bhaskar Rao, Attorney-in-Fact
Stock symbol
TPX
Transactions as of
Jan 4, 2022
Transactions value $
-$1,263,764
Form type
4
Date filed
1/6/2022, 03:17 PM
Previous filing
Aug 2, 2021
Next filing
Feb 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TPX Common Stock Options Exercise $0 +33.8K +14.85% $0.00 261K Jan 4, 2022 Direct F1
transaction TPX Common Stock Tax liability -$758K -15.7K -6.03% $48.21 245K Jan 4, 2022 Direct
transaction TPX Common Stock Options Exercise $0 +7.32K +2.98% $0.00 253K Jan 4, 2022 Direct F1
transaction TPX Common Stock Tax liability -$165K -3.41K -1.35% $48.21 249K Jan 4, 2022 Direct
transaction TPX Common Stock Options Exercise $0 +15.6K +6.26% $0.00 265K Jan 5, 2022 Direct F1
transaction TPX Common Stock Tax liability -$341K -7.28K -2.75% $46.83 258K Jan 5, 2022 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 Award $0 +16.1K $0.00 16.1K Jan 4, 2022 Common Stock 16.1K $0.00 Direct F2
transaction TPX Restricted Stock Units Options Exercise $0 -33.8K -50% $0.00 33.8K Jan 4, 2022 Common Stock 33.8K $0.00 Direct F1, F3
transaction TPX Restricted Stock Units Options Exercise $0 -7.32K -25% $0.00 22K Jan 4, 2022 Common Stock 7.32K $0.00 Direct F1, F4
transaction TPX Restricted Stock Units Options Exercise $0 -15.6K -100% $0.00* 0 Jan 5, 2022 Common Stock 15.6K $0.00 Direct F1, F5
* 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 On January 4, 2022, the reporting person was granted 16,076 restricted stock units, vesting in four annual installments beginning on the first anniversary of the grant date.
F3 The restricted stock units ("RSUs") were previously reported as a grant of 33,760 RSUs vesting in four annual installments on January 4, 2020, 2021, 2022 and 2023. The RSUs have been adjusted to reflect the 4-for-1 stock split, which occurred on November 24, 2020.
F4 On January 4, 2021, the reporting person was granted 29,290 restricted stock units, vesting in four annual installments beginning on the first anniversary of the grant date.
F5 The restricted stock units ("RSUs") were previously reported as a grant of 15,612 RSUs vesting in four annual installments on January 5, 2019, 2020, 2021 and 2022. The RSUs have been adjusted to reflect the 4-for-1 stock split, which occurred on November 24, 2020.