SCOTT L. THOMPSON - 04 Jan 2024 Form 4 Insider Report for TEMPUR SEALY INTERNATIONAL, INC. (SGI)

Role
CEO & PRESIDENT, Director
Signature
/s/ Bhaskar Rao Attorney-in-Fact
Issuer symbol
SGI
Transactions as of
04 Jan 2024
Net transactions value
-$7,174,534
Form type
4
Filing time
08 Jan 2024, 16:25:45 UTC
Previous filing
04 Jan 2024
Next filing
21 Feb 2024
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 +151,173 +5.4% $0.000000 2,953,016 04 Jan 2024 Direct F1
transaction TPX Common Stock Tax liability $2,850,617 -59,487 -2% $47.92 2,893,529 04 Jan 2024 Direct
transaction TPX Common Stock Options Exercise $0 +35,509 +1.2% $0.000000 2,929,038 04 Jan 2024 Direct F1
transaction TPX Common Stock Tax liability $669,586 -13,973 -0.48% $47.92 2,915,065 04 Jan 2024 Direct
transaction TPX Common Stock Options Exercise $0 +37,793 +1.3% $0.000000 2,952,858 04 Jan 2024 Direct F1
transaction TPX Common Stock Tax liability $712,666 -14,872 -0.5% $47.92 2,937,986 04 Jan 2024 Direct
transaction TPX Common Stock Options Exercise $0 +41,485 +1.4% $0.000000 2,979,471 04 Jan 2024 Direct F1
transaction TPX Common Stock Tax liability $782,294 -16,325 -0.55% $47.92 2,963,146 04 Jan 2024 Direct
transaction TPX Common Stock Options Exercise $0 +114,515 +3.9% $0.000000 3,077,661 04 Jan 2024 Direct F1
transaction TPX Common Stock Tax liability $2,159,371 -45,062 -1.5% $47.92 3,032,599 04 Jan 2024 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 Performance Restricted Stock Units Options Exercise $0 -151,173 -50% $0.000000 151,170 04 Jan 2024 Common Stock 151,173 $0.000000 Direct F1, F2
transaction TPX Performance Restricted Stock Units Options Exercise $0 -35,509 -100% $0.000000* 0 04 Jan 2024 Common Stock 35,509 $0.000000 Direct F1, F3
transaction TPX Restricted Stock Units Options Exercise $0 -37,793 -50% $0.000000 37,793 04 Jan 2024 Common Stock 37,793 $0.000000 Direct F1, F4
transaction TPX Restricted Stock Units Options Exercise $0 -41,485 -100% $0.000000* 0 04 Jan 2024 Common Stock 41,485 $0.000000 Direct F1, F5
transaction TPX Restricted Stock Units Options Exercise $0 -114,515 -100% $0.000000* 0 04 Jan 2024 Common Stock 114,515 $0.000000 Direct F1, F6
transaction TPX Restricted Stock Units Award $0 +83,473 $0.000000 83,473 04 Jan 2024 Common Stock 83,473 $0.000000 Direct F1, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Performance restricted stock units and restricted stock units convert into common stock on a one-for-one basis.
F2 On February 22, 2022, the Compensation Committee of the Board of Directors determined that the maximum performance conditions for the performance restricted stock units (PRSUs) granted on January 4, 2021 were achieved. The PRSUs vest in approximately three equal installments on January 4, 2023, 2024 and 2025.
F3 On February 17, 2023 the Compensation Committee of the Board of Directors determined the payout for each performance metric for the PRSUs granted on January 4, 2022. Approximately one-half of the PRSUs vested on February 17, 2023 and the balance vested on January 4, 2024.
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 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.
F6 On January 4, 2023, the reporting person was granted 114,515 restricted stock units, vesting in full on the first anniversary of the grant date.
F7 On January 4, 2024, the reporting person was granted 83,473 restricted stock units, vesting in full on the first anniversary of the grant date.