0001206264-23-000032.txt : 20230106 0001206264-23-000032.hdr.sgml : 20230106 20230106164141 ACCESSION NUMBER: 0001206264-23-000032 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230104 FILED AS OF DATE: 20230106 DATE AS OF CHANGE: 20230106 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Rao Bhaskar CENTRAL INDEX KEY: 0001365211 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-31922 FILM NUMBER: 23515577 MAIL ADDRESS: STREET 1: TEMPUR SEALY INTERNATIONAL, INC. STREET 2: 1000 TEMPUR WAY CITY: LEXINGTON STATE: KY ZIP: 40511 FORMER NAME: FORMER CONFORMED NAME: Bhaskar Rao DATE OF NAME CHANGE: 20060606 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: TEMPUR SEALY INTERNATIONAL, INC. CENTRAL INDEX KEY: 0001206264 STANDARD INDUSTRIAL CLASSIFICATION: HOUSEHOLD FURNITURE [2510] IRS NUMBER: 331022198 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1000 TEMPUR WAY CITY: LEXINGTON STATE: KY ZIP: 40511 BUSINESS PHONE: 800-878-8889 MAIL ADDRESS: STREET 1: 1000 TEMPUR WAY CITY: LEXINGTON STATE: KY ZIP: 40511 FORMER COMPANY: FORMER CONFORMED NAME: TEMPUR PEDIC INTERNATIONAL INC DATE OF NAME CHANGE: 20031202 FORMER COMPANY: FORMER CONFORMED NAME: TWI HOLDINGS INC DATE OF NAME CHANGE: 20021119 4 1 wf-form4_167304128289600.xml FORM 4 X0306 4 2023-01-04 0 0001206264 TEMPUR SEALY INTERNATIONAL, INC. TPX 0001365211 Rao Bhaskar C/O TEMPUR SEALY INTERNATIONAL, INC. 1000 TEMPUR WAY LEXINGTON KY 40511 0 1 0 0 EVP & Chief Financial Officer Common Stock 2023-01-04 4 M 0 29295 0 A 353223 D Common Stock 2023-01-04 4 F 0 9111 34.93 D 344112 D Common Stock 2023-01-04 4 M 0 4019 0 A 348131 D Common Stock 2023-01-04 4 F 0 1250 34.93 D 346881 D Common Stock 2023-01-04 4 M 0 7323 0 A 354204 D Common Stock 2023-01-04 4 F 0 2278 34.93 D 351926 D Common Stock 2023-01-04 4 M 0 33760 0 A 385686 D Common Stock 2023-01-04 4 F 0 10500 34.93 D 375186 D Common Stock 2023-01-06 4 S 0 27198 35.0788 D 347988 D Performance Restricted Stock Units 0.0 2023-01-04 4 M 0 29295 0 D Common Stock 29295.0 58575 D Restricted Stock Units 0.0 2023-01-04 4 M 0 4019 0 D Common Stock 4019.0 12057 D Restricted Stock Units 0.0 2023-01-04 4 M 0 7323 0 D Common Stock 7323.0 14644 D Restricted Stock Units 0.0 2023-01-04 4 M 0 33760 0 D Common Stock 33760.0 0 D Restricted Stock Units 0.0 2023-01-04 4 A 0 22187 0 A Common Stock 22187.0 22187 D Performance restricted stock units and restricted stock units convert into common stock on a one-for-one basis. 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. 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 $35.22. 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. 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. 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. 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. The restricted stock units ("RSUs") were previously reported as a grant of 33,760 RSUs vesting in four annual installments on January 4, 2020, 2021, 2022 and 2023. The RSUs have been adjusted to reflect the 4-for-1 stock split, which occurred on November 24, 2020. 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. /s/ Bhaskar Rao 2023-01-06