ALLEN JODI 4
4 · SEALY CORP · Filed Apr 18, 2011
Insider Transaction Report
Form 4
ALLEN JODI
Sr VP-Marketing
Transactions
- Exercise/Conversion
Restricted Stock Units 4/14/2010
2011-04-14−33,333→ 66,667 totalExp: 2014-04-14→ Common Stock (33,333 underlying) - Exercise/Conversion
Common Stock
2011-04-14+33,333→ 106,395 total - Tax Payment
Common Stock
2011-04-14$2.45/sh−10,817$26,502→ 95,578 total
Footnotes (2)
- [F1]On April 14, 2011, 33,333 restricted stock units previously granted to the reporting person vested. That vesting was settled with the reporting person receiving 22,516 shares of Sealy Corporation common stock and surrendering the other 10,817 shares of Sealy Corporation common stock to Sealy Corporation for the payment of tax liabilities in connection with the vesting.
- [F2]The grant vests on an annual basis of 1/3rd per year over 3 years.