Filing Details

Accession Number:
0001140361-10-017433
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-04-23 13:00:00
Reporting Period:
2010-04-22
Filing Date:
2010-04-23
Accepted Time:
2010-04-23 19:19:05
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1206264 Tempur Pedic International Inc TPX Household Furniture (2510) 331022198
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1310640 Matthew Clift C/O Tempur-Pedic International Inc.
1713 Jaggie Fox Way
Lexington KY 40511
Evp, Global Operations No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2010-04-22 50,000 $19.30 73,834 No 4 M Direct
Common Stock Disposition 2010-04-22 50,000 $35.01 23,834 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (right to buy) Acquisiton 2010-04-22 50,000 $0.00 50,000 $19.30
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
175,000 2014-12-01 No 4 M Direct
Footnotes
  1. The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 1, 2010 in order to cause the applicable sales to fall within the scope of Rule 10b5-1 under the Securities Exchange Act of 1934, as amended. The Rule 10b5-1 trading plan contains specific instructions to sell shares pursuant to the exercise of options if the price of the Issuer's common stock exceeds a pre-determined price per share.
  2. Twenty-five percent of the total aggregate number of options granted became exercisable on December 1, 2005. The remaining options became fully vested pursuant to a stock sale restriction agreement dated December 15, 2005 between the reporting person and the issuer. The agreement restricts the reporting person's sale of common stock purchased pursuant to this option, which restriction lapses in twelve successive equal quarterly installments, which began on March 1, 2006. All restrictions lapsed by December 1, 2008.