BROWN SIMON 4
4 · SEALY CORP · Filed May 11, 2011
Insider Transaction Report
Form 4
BROWN SIMON
Director
Transactions
- Award
Restricted Stock Units
2011-05-02+23,077→ 23,077 total→ Common Stock (23,077 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Sealy Corporation common stock.
- [F2]Grant shall vest if the grantee remains a director until the first anniversary of the grant date or the company's next annual shareholder's meeting. The shares shall be released upon the grantee's leaving Sealy's board of directors.
- [F3]The restricted stock units do not have an expiration date.