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ALLEN JODI 4

Accession 0001104659-11-056146

CIK 0000748015other

Filed

Oct 13, 8:00 PM ET

Accepted

Oct 14, 3:05 PM ET

Size

8.9 KB

Accession

0001104659-11-056146

Insider Transaction Report

Form 4
Period: 2011-10-14
ALLEN JODI
Sr VP-Marketing
Transactions
  • Tax Payment

    Common Stock

    2011-10-14$1.47/sh37,962$55,804174,602 total
  • Exercise/Conversion

    Common Stock

    2011-10-14+116,986212,564 total
  • Exercise/Conversion

    Restricted Stock Units

    2011-10-14116,986263,389 total
    Exp: 2013-10-14Common Stock (116,986 underlying)
Footnotes (2)
  • [F1]On April 14, 2011, the restrictions lapsed on 116,986 restricted shares of Sealy Corporation common stock. That lapse was settled with the reporting person receiving 79,024 unrestricted shares of Sealy Corporation common stock and surrendering 37,962 shares of Sealy Corporation common stock to Sealy Corporation for the payment of tax liabilities in connection with the lapse.
  • [F2]The initial grant was for 400,000 restricted stock units with an annual growth rate of 8% until vested. The grant vests on an annual basis over 4 years. As a results of the 8% growth rate, if fully vested, will results in 488,535 shares of Sealy Corporation common stock.

Documents

1 file

Issuer

SEALY CORP

CIK 0000748015

Entity typeother

Related Parties

1
  • filerCIK 0001471818

Filing Metadata

Form type
4
Filed
Oct 13, 8:00 PM ET
Accepted
Oct 14, 3:05 PM ET
Size
8.9 KB