BROWN SIMON 4
4 · SEALY CORP · Filed Apr 19, 2012
Insider Transaction Report
Form 4
BROWN SIMON
Director
Transactions
- Award
Restricted Stock Units
2012-04-18+26,432→ 26,432 total→ Common Stock (26,432 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 earlier of 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.