H. Clifford Buster III - 04 Jan 2022 Form 4 Insider Report for TEMPUR SEALY INTERNATIONAL, INC. (SGI)

Role
CEO, North America
Signature
/s/ Bhaskar Rao, Attorney-in-Fact
Issuer symbol
SGI
Transactions as of
04 Jan 2022
Net transactions value
-$1,379,167
Form type
4
Filing time
06 Jan 2022, 15:18:38 UTC
Previous filing
10 Nov 2021
Next filing
23 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TPX Common Stock Options Exercise $0 +33,760 +17% $0.000000 237,741 04 Jan 2022 Direct F1
transaction TPX Common Stock Tax liability $766,587 -15,901 -6.7% $48.21 221,840 04 Jan 2022 Direct
transaction TPX Common Stock Options Exercise $0 +11,811 +5.3% $0.000000 233,651 04 Jan 2022 Direct F1
transaction TPX Common Stock Tax liability $268,192 -5,563 -2.4% $48.21 228,088 04 Jan 2022 Direct
transaction TPX Common Stock Options Exercise $0 +15,612 +6.8% $0.000000 243,700 05 Jan 2022 Direct F1
transaction TPX Common Stock Tax liability $344,388 -7,354 -3% $46.83 236,346 05 Jan 2022 Direct
holding TPX Common Stock 156,831 04 Jan 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 +25,928 $0.000000 25,928 04 Jan 2022 Common Stock 25,928 $0.000000 Direct F2
transaction TPX Restricted Stock Units Options Exercise $0 -33,760 -50% $0.000000 33,760 04 Jan 2022 Common Stock 33,760 $0.000000 Direct F1, F3
transaction TPX Restricted Stock Units Options Exercise $0 -11,811 -25% $0.000000 35,430 04 Jan 2022 Common Stock 11,811 $0.000000 Direct F1, F4
transaction TPX Restricted Stock Units Options Exercise $0 -15,612 -100% $0.000000* 0 05 Jan 2022 Common Stock 15,612 $0.000000 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.