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

Role
CEO & PRESIDENT, Director
Signature
/s/ Bhaskar Rao, Attorney-in-Fact
Stock symbol
TPX
Transactions as of
Jan 4, 2022
Transactions value $
-$7,276,887
Form type
4
Date filed
1/6/2022, 03:27 PM
Previous filing
Dec 17, 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 +237K +14.16% $0.00 1.91M Jan 4, 2022 Direct F1
transaction TPX Common Stock Tax liability -$4.49M -93.2K -4.88% $48.21 1.82M Jan 4, 2022 Direct
transaction TPX Common Stock Options Exercise $0 +37.8K +2.08% $0.00 1.86M Jan 4, 2022 Direct F1
transaction TPX Common Stock Tax liability -$717K -14.9K -0.8% $48.21 1.84M Jan 4, 2022 Direct
transaction TPX Common Stock Options Exercise $0 +112K +6.09% $0.00 1.95M Jan 5, 2022 Direct F1
transaction TPX Common Stock Tax liability -$2.07M -44.1K -2.26% $46.83 1.91M 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 +83K $0.00 83K Jan 4, 2022 Common Stock 83K $0.00 Direct F2
transaction TPX Restricted Stock Units Options Exercise $0 -237K -50% $0.00 237K Jan 4, 2022 Common Stock 237K $0.00 Direct F1, F3
transaction TPX Restricted Stock Units Options Exercise $0 -37.8K -25% $0.00 113K Jan 4, 2022 Common Stock 37.8K $0.00 Direct F1, F4
transaction TPX Restricted Stock Units Options Exercise $0 -112K -100% $0.00* 0 Jan 5, 2022 Common Stock 112K $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 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.