4//SEC Filing
ALLEN JODI 4
Accession 0001104659-13-022932
CIK 0000748015other
Filed
Mar 20, 8:00 PM ET
Accepted
Mar 21, 2:53 PM ET
Size
12.5 KB
Accession
0001104659-13-022932
Insider Transaction Report
Form 4
ALLEN JODI
Sr VP-Marketing
Transactions
- Disposition to Issuer
Common Stock
2013-03-18−375,853→ 0 total - Disposition to Issuer
Restricted Stock Units 10/14/2009
2013-03-18$2.20/sh−130,831$287,828→ 0 total→ Common Stock (130,831 underlying) - Disposition to Issuer
Restricted Stock Units 4/14/2010
2013-03-18$2.20/sh−33,333$73,333→ 0 total→ Common Stock (33,333 underlying) - Disposition to Issuer
Restricted Stock Units 3/1/2011
2013-03-18$2.20/sh−70,333$154,733→ 0 total→ Common Stock (70,333 underlying)
Footnotes (7)
- [F1]Shares of Common Stock were disposed of in exchange for the right to receive $2.20 per share in cash pursuant to the Agreement and Plan of Merger by and among Tempur-Pedic International Inc., Silver Lightning Merger Company and Sealy Corporation (the "Merger Agreement").
- [F2]Each restricted stock unit represented a contingent right to receive one share of Sealy Corporation common stock.
- [F3]The initial grant was for 400,000 restricted stock units with an annual growth rate of 8% until vested. One quarter of these units, plus accretion, vest on the first four anniversaries of the grant date. With the vesting on March 18, 2013, 130,831 units vested and the remaining units expired.
- [F4]The restricted stock units do not have an expiration date.
- [F5]Restricted stock units which were cancelled in exchange for the right to receive $2.20 per share in cash pursuant to the Merger Agreement. These restricted stock units vested automatically immediately prior to the consummation of the merger on March 18, 2013 in accordance with the terms of the Merger Agreement.
- [F6]The initial grant was for 100,000 restricted stock units. The grant vests on an annual basis over 3 years.
- [F7]The initial grant was for 211,000 restricted stock units. The grant vests on an annual basis over 3 years.
Documents
Issuer
SEALY CORP
CIK 0000748015
Entity typeother
Related Parties
1- filerCIK 0001471818
Filing Metadata
- Form type
- 4
- Filed
- Mar 20, 8:00 PM ET
- Accepted
- Mar 21, 2:53 PM ET
- Size
- 12.5 KB