MURRAY MICHAEL Q 4/A
4/A · SEALY CORP · Filed Jul 20, 2011
Insider Transaction Report
Form 4/AAmended
MURRAY MICHAEL Q
Sr. VP & General Counsel
Transactions
- Tax Payment
Common Stock
2011-06-12$2.30/sh−71,179$163,712→ 283,223 total - Exercise/Conversion
Restricted Stock Units 6/12/2009
2011-06-12−219,348→ 493,854 totalExp: 2013-06-12→ Common stock (219,348 underlying) - Exercise/Conversion
Common Stock
2011-06-12+219,348→ 354,402 total
Footnotes (2)
- [F1]On June 12, 2011, 219,348 restricted stock units previously granted to the reporting person vested. That vesting was settled with the reporting person receiving 148,169 shares of Sealy Corporation common stock and surrendering the other 71,179 shares of Sealy Corporation common stock to Sealy Corporation for the payment of tax liabilities in connection with the vesting.
- [F2]The initial grant was for 750,000 restricted stock units with an annual growth rate of 8% until vested. The grant vests on an annual basis over 4 years. As a result of the annual 8% growth rate the grant, if fully vested, will result in 916,002 shares of Sealy Corporation common stock