Scott Vollet - 03 Jan 2025 Form 4 Insider Report for TEMPUR SEALY INTERNATIONAL, INC. (SGI)

Reporting relationship: EVP, Global Operations
Issuer ticker: SGI
Reported as of: 03 Jan 2025
Net transaction value: -$1,780,280
SEC form: 4
Accepted by SEC: 06 Jan 2025, 16:16:24 UTC
Prior SEC filing: 09 Dec 2024
Next SEC filing: 04 Mar 2025
Source filing: View source filing
Reporting owner signature: /s/ Bhaskar Rao Attorney-in-Fact

Key filing fact

Scott Vollet filed Form 4 for TEMPUR SEALY INTERNATIONAL, INC. (SGI) on 06 Jan 2025.

Key facts

This page summarizes Scott Vollet's Form 4 filing for TEMPUR SEALY INTERNATIONAL, INC. (SGI).
22 reported transactions and 8 derivative rows are listed below.
Accepted by SEC: 06 Jan 2025, 16:16.

Change

Previous filing in this sequence was filed on 09 Dec 2024.
Current net transaction value: -$1,780,280.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

TPX transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +7,322
Change %: +1.8%
Price: $0.000000
Shares after: 416,779
Date: 03 Jan 2025
Ownership: Direct
Footnotes: F1

TPX transaction

Common Stock

Tax liability

Transaction value: $186,116
Shares: -3,339
Change %: -0.8%
Price: $55.74
Shares after: 413,440
Date: 03 Jan 2025
Ownership: Direct

TPX transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +4,019
Change %: +0.97%
Price: $0.000000
Shares after: 417,459
Date: 03 Jan 2025
Ownership: Direct
Footnotes: F1

TPX transaction

Common Stock

Tax liability

Transaction value: $102,171
Shares: -1,833
Change %: -0.44%
Price: $55.74
Shares after: 415,626
Date: 03 Jan 2025
Ownership: Direct

TPX transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +5,547
Change %: +1.3%
Price: $0.000000
Shares after: 421,173
Date: 03 Jan 2025
Ownership: Direct
Footnotes: F1

TPX transaction

Common Stock

Tax liability

Transaction value: $141,022
Shares: -2,530
Change %: -0.6%
Price: $55.74
Shares after: 418,643
Date: 03 Jan 2025
Ownership: Direct

TPX transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +4,044
Change %: +0.97%
Price: $0.000000
Shares after: 422,687
Date: 03 Jan 2025
Ownership: Direct
Footnotes: F1

TPX transaction

Common Stock

Tax liability

Transaction value: $102,840
Shares: -1,845
Change %: -0.44%
Price: $55.74
Shares after: 420,842
Date: 03 Jan 2025
Ownership: Direct

TPX transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +29,286
Change %: +7%
Price: $0.000000
Shares after: 450,128
Date: 03 Jan 2025
Ownership: Direct
Footnotes: F1

TPX transaction

Common Stock

Tax liability

Transaction value: $752,490
Shares: -13,500
Change %: -3%
Price: $55.74
Shares after: 436,628
Date: 03 Jan 2025
Ownership: Direct

TPX transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +4,587
Change %: +1.1%
Price: $0.000000
Shares after: 441,215
Date: 03 Jan 2025
Ownership: Direct
Footnotes: F1

TPX transaction

Common Stock

Tax liability

Transaction value: $116,608
Shares: -2,092
Change %: -0.47%
Price: $55.74
Shares after: 439,123
Date: 03 Jan 2025
Ownership: Direct

TPX transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +14,911
Change %: +3.4%
Price: $0.000000
Shares after: 454,034
Date: 03 Jan 2025
Ownership: Direct
Footnotes: F1

TPX transaction

Common Stock

Tax liability

Transaction value: $379,032
Shares: -6,800
Change %: -1.5%
Price: $55.74
Shares after: 447,234
Date: 03 Jan 2025
Ownership: Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

TPX transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -7,322
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 03 Jan 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 7,322
Exercise price: $0.000000
Footnotes: F1, F2

TPX transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -4,019
Change %: -50%
Price: $0.000000
Shares after: 4,019
Date: 03 Jan 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 4,019
Exercise price: $0.000000
Footnotes: F1, F3

TPX transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -5,547
Change %: -33%
Price: $0.000000
Shares after: 11,093
Date: 03 Jan 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 5,547
Exercise price: $0.000000
Footnotes: F1, F4

TPX transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -4,044
Change %: -25%
Price: $0.000000
Shares after: 12,129
Date: 03 Jan 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 4,044
Exercise price: $0.000000
Footnotes: F1, F5

TPX transaction Derivative

Performance Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -29,286
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 03 Jan 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 29,286
Exercise price: $0.000000
Footnotes: F1, F6

TPX transaction Derivative

Performance Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -4,587
Change %: -50%
Price: $0.000000
Shares after: 4,588
Date: 03 Jan 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 4,587
Exercise price: $0.000000
Footnotes: F1, F7

TPX transaction Derivative

Performance Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -14,911
Change %: -33%
Price: $0.000000
Shares after: 29,820
Date: 03 Jan 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 14,911
Exercise price: $0.000000
Footnotes: F1, F8

TPX transaction Derivative

Restricted Stock Units

Award

Transaction value: $0
Shares: +13,904
Change %
Price: $0.000000
Shares after: 13,904
Date: 03 Jan 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 13,904
Exercise price: $0.000000
Footnotes: F1, F9

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 9 footnotes

Footnote F1

Performance restricted stock units and restricted stock units convert into common stock on a one-for-one basis.

Footnote F2

On January 4, 2021, the reporting person was granted 29,290 restricted stock units, vesting in four annual installments beginning on the first anniversary of the grant date.

Footnote F3

On January 4, 2022, the reporting person was granted 16,076 restricted stock units, vesting in four annual installments beginning on the first anniversary of the grant date.

Footnote F4

On January 4, 2023, the reporting person was granted 22,187 restricted stock units, vesting in four annual installments beginning on the first anniversary of the grant date.

Footnote F5

On January 4, 2024, the reporting person was granted 16,173 restricted stock units, vesting in four annual installments beginning on the first anniversary of the grant date.

Footnote F6

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.

Footnote F7

On January 4, 2022, the reporting person was granted a target number of performance shares, with the payout from 0 to 300% of target based on the Company's adjusted EBITDA, Relative TSR Percentile and qualitative ESG performance. The Compensation Committee of the Board of Directors determined the payout for each metric on February 17, 2023 resulting in the reported number of performance shares received. The PRSUs vest in approximately three equal installments on January 4, 2024, 2025 and 2026.

Footnote F8

On January 4, 2023, the reporting person was granted a target number of performance shares, with the payout from 0 to 300% of target based on the Company's adjusted EBITDA, Relative TSR Percentile and qualitative ESG performance. The Compensation Committee of the Board of Directors determined the payout for each metric on February 16, 2024 resulting in the reported number of performance shares received. The PRSUs vest in approximately three equal installments on January 4, 2025, 2026 and 2027.

Footnote F9

On January 3, 2025, the reporting person was granted 13,904 restricted stock units, vesting in four annual installments beginning on January 4, 2026.