Scott L. Thompson - 04 Jan 2022 Form 4 Insider Report for TEMPUR SEALY INTERNATIONAL, INC. (SGI)

Signature
/s/ Bhaskar Rao, Attorney-in-Fact
Issuer symbol
SGI
Transactions as of
04 Jan 2022
Net transactions value
-$7,276,887
Form type
4
Filing time
06 Jan 2022, 15:27:43 UTC
Previous filing
17 Dec 2021
Next filing
23 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TPX Common Stock Options Exercise $0 +236,912 +14% $0.000000 1,910,455 04 Jan 2022 Direct F1
transaction TPX Common Stock Tax liability $4,494,377 -93,225 -4.9% $48.21 1,817,230 04 Jan 2022 Direct
transaction TPX Common Stock Options Exercise $0 +37,793 +2.1% $0.000000 1,855,023 04 Jan 2022 Direct F1
transaction TPX Common Stock Tax liability $716,979 -14,872 -0.8% $48.21 1,840,151 04 Jan 2022 Direct
transaction TPX Common Stock Options Exercise $0 +112,088 +6.1% $0.000000 1,952,239 05 Jan 2022 Direct F1
transaction TPX Common Stock Tax liability $2,065,531 -44,107 -2.3% $46.83 1,908,132 05 Jan 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 +82,971 $0.000000 82,971 04 Jan 2022 Common Stock 82,971 $0.000000 Direct F2
transaction TPX Restricted Stock Units Options Exercise $0 -236,912 -50% $0.000000 236,908 04 Jan 2022 Common Stock 236,912 $0.000000 Direct F1, F3
transaction TPX Restricted Stock Units Options Exercise $0 -37,793 -25% $0.000000 113,379 04 Jan 2022 Common Stock 37,793 $0.000000 Direct F1, F4
transaction TPX Restricted Stock Units Options Exercise $0 -112,088 -100% $0.000000* 0 05 Jan 2022 Common Stock 112,088 $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 82,971 restricted stock units, vesting in two annual installments beginning on the first anniversary of the grant date.
F3 The restricted stock units ("RSUs") were previously reported as a grant of 236,911 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 151,172 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 112,090 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.