DABIERO CARMEN J 4
4 · SEALY CORP · Filed Jun 14, 2012
Insider Transaction Report
Form 4
DABIERO CARMEN J
SR. VP - Human Resources
Transactions
- Tax Payment
Common Stock
2012-06-12$1.69/sh−82,120$138,783→ 408,997 total - Exercise/Conversion
Common Stock
2012-06-12+253,064→ 491,117 total - Exercise/Conversion
Restricted Stock Units 6/12/2009
2012-06-12−253,064→ 273,713 totalExp: 2013-06-12→ Common stock (253,064 underlying)
Footnotes (2)
- [F1]On June 12, 2012, 253,064 restricted stock units previously granted to the reporting person vested. That vesting was settled with the reporting person receiving 170,944 shares of Sealy Corporation common stock and surrendering the other 82,120 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 800,000 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 977,070 shares of Sealy Corporation common stock