Filing Details

Accession Number:
0001206264-24-000058
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-02-21 16:22:50
Reporting Period:
2024-02-16
Accepted Time:
2024-02-21 16:22:50
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
1900509 Hansbart Wijnand C/O Tempur Sealy International, Inc.
1000 Tempur Way
Lexington KY 40511
Evp, International 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 Disposition 2024-02-20 11,916 $50.31 27,631 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
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 Acquisiton 2024-02-16 28,860 $0.00 28,860 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
28,860 No 4 A Direct
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.26 to $50.39. 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.
  2. 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.