Filing Details

Accession Number:
0001206264-23-000004
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-01-05 16:04:27
Reporting Period:
2023-01-03
Accepted Time:
2023-01-05 16:04:27
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1206264 Tempur Sealy International Inc. TPX Household Furniture (2510) 331022198
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1365211 Bhaskar Rao C/O Tempur Sealy International, Inc.
1000 Tempur Way
Lexington KY 40511
Evp & Chief Financial Officer 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 2023-01-03 72,480 $0.00 357,742 No 4 M Direct
Common Stock Disposition 2023-01-03 22,783 $33.77 334,959 No 4 F Direct
Common Stock Acquisiton 2023-01-03 9,056 $0.00 344,015 No 4 M Direct
Common Stock Disposition 2023-01-03 2,817 $33.77 341,198 No 4 F Direct
Common Stock Disposition 2023-01-03 15,170 $35.01 326,028 No 4 S Direct
Common Stock Disposition 2023-01-04 2,100 $35.00 323,928 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
No 4 M Direct
No 4 F Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Performance Restricted Stock Units Disposition 2023-01-03 72,480 $0.00 72,480 $0.00
Common Stock Restricted Stock Units Disposition 2023-01-03 9,056 $0.00 9,056 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
72,456 No 4 M Direct
9,056 No 4 M Direct
Footnotes
  1. Performance restricted stock units and restricted stock units convert into common stock on a one-for-one basis.
  2. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 9, 2022.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.00 to $35.07. 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.
  4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.00 to $35.01. 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.
  5. On February 4, 2021, the Compensation Committee of the Board of Directors determined that the maximum performance condition for the performance restricted stock units (PRSUs) granted on January 3, 2020 was achieved. The PRSUs vest in approximately three equal installments on January 3, 2022, 2023 and 2024 and have been adjusted to reflect the 4-for-1 stock split, which occurred on November 24, 2020.
  6. The restricted stock units ("RSUs") were previously reported as a grant of 9,058 RSUs vesting in four annual installments on January 3, 2021, 2022, 2023 and 2024. The RSUs have been adjusted to reflect the 4-for-1 stock split, which occurred on November 24, 2020.