4//SEC Filing
Rogers Lawrence J 4
Accession 0001104659-12-043612
CIK 0000748015other
Filed
Jun 13, 8:00 PM ET
Accepted
Jun 14, 4:32 PM ET
Size
8.9 KB
Accession
0001104659-12-043612
Insider Transaction Report
Form 4
Rogers Lawrence J
President & CEO
Transactions
- Exercise/Conversion
Common Stock
2012-06-12+1,687,092→ 3,602,003 total - Tax Payment
Common Stock
2012-06-12$1.69/sh−680,851$1,150,638→ 2,921,152 total - Exercise/Conversion
Restricted Stock Units 6/12/2009
2012-06-12−1,687,092→ 0 totalExp: 2012-06-12→ Common stock (1,687,092 underlying)
Footnotes (2)
- [F1]On June 12, 2012, 1,687,092 restricted stock units previously granted to the reporting person vested. That vesting was settled with the reporting person receiving 1,006,241 shares of Sealy Corporation common stock and surrendering the other 680,851 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 4,000,000 restricted stock units with an annual growth rate of 8% until vested. The grant vests on an annual basis over 3 years. As a result of the annual 8% growth rate the grant, if fully vested, will result in 4,689,036 shares of Sealy Corporation common stock
Documents
Issuer
SEALY CORP
CIK 0000748015
Entity typeother
Related Parties
1- filerCIK 0001358133
Filing Metadata
- Form type
- 4
- Filed
- Jun 13, 8:00 PM ET
- Accepted
- Jun 14, 4:32 PM ET
- Size
- 8.9 KB