H. Clifford Buster III - Jan 4, 2022 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
Jan 4, 2022
Transactions value $
-$1,379,167
Form type
4
Date filed
1/6/2022, 03:18 PM
Previous filing
Nov 10, 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 +16.55% $0.00 238K Jan 4, 2022 Direct F1
transaction TPX Common Stock Tax liability -$767K -15.9K -6.69% $48.21 222K Jan 4, 2022 Direct
transaction TPX Common Stock Options Exercise $0 +11.8K +5.32% $0.00 234K Jan 4, 2022 Direct F1
transaction TPX Common Stock Tax liability -$268K -5.56K -2.38% $48.21 228K Jan 4, 2022 Direct
transaction TPX Common Stock Options Exercise $0 +15.6K +6.84% $0.00 244K Jan 5, 2022 Direct F1
transaction TPX Common Stock Tax liability -$344K -7.35K -3.02% $46.83 236K Jan 5, 2022 Direct
holding TPX Common Stock 157K Jan 4, 2022 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 Restricted Stock Units Award $0 +25.9K $0.00 25.9K Jan 4, 2022 Common Stock 25.9K $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 -11.8K -25% $0.00 35.4K Jan 4, 2022 Common Stock 11.8K $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 25,928 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 47,241 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.