Evelyn S. Dilsaver - Aug 25, 2023 Form 4 Insider Report for TEMPUR SEALY INTERNATIONAL, INC. (TPX)

Role: Director
Signature: /s/ Bhaskar Rao Attorney-in-Fact
Stock symbol: TPX
Transactions as of: Aug 25, 2023
Transactions value $: -$161,956
Form type: 4
Date filed: 8/25/2023, 04:03 PM
Previous filing: Jun 26, 2023
Next filing: Mar 28, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TPX	Common Stock	Options Exercise	$70.1K	+5.3K	+3.68%	$13.22	149K	Aug 25, 2023	Direct
transaction	TPX	Common Stock	Sale	-$232K	-5.3K	-3.55%	$43.75	144K	Aug 25, 2023	Direct	F1

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	Stock Options (right to buy)	Options Exercise	$0	-5.3K	-100%	$0.00^*	0	Aug 25, 2023	Common Stock	5.3K	$13.22	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.48 to $43.97. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F2	The option was previously reported as covering 1,326 shares at an exercise price of $52.87 per share, vesting in four quarterly installments on July 31, 2014, October 31, 2014, January 31, 2015 and April 30, 2015. The option and exercise price have been adjusted to reflect the 4-for-1 stock split, which occurred on November 24, 2020.

Content

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.48 to $43.97. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

The option was previously reported as covering 1,326 shares at an exercise price of $52.87 per share, vesting in four quarterly installments on July 31, 2014, October 31, 2014, January 31, 2015 and April 30, 2015. The option and exercise price have been adjusted to reflect the 4-for-1 stock split, which occurred on November 24, 2020.