TEMPUR SEALY INTERNATIONAL, INC. 4
4 · TEMPUR SEALY INTERNATIONAL, INC. · Filed Feb 25, 2014
Insider Transaction Report
Form 4
SARVARY MARK A
CEO & President
Transactions
- Sale
Common Stock
2014-02-21$50.00/sh−200$10,000→ 116,899 total - Tax Payment
Common Stock
2014-02-24$49.43/sh−10,734$530,582→ 133,156 total - Exercise/Conversion
Common Stock
2014-02-24+26,991→ 143,890 total - Exercise/Conversion
Performance Restricted Stock Units
2014-02-24−26,991→ 0 totalExercise: $0.00→ Common Stock (26,991 underlying)
Footnotes (3)
- [F1]The shares were sold in an open market transaction pursuant to a 10b5-1 trading plan adopted by the reporting person in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
- [F2]On February 24, 2014 the shares underlying performance restricted restricted stock units ("PRSU") vested and were converted into shares of common stock.
- [F3]Represents shares withheld to cover the estimated tax withholding liability upon the vesting of PRSUs and conversion of such PRSUs into shares of common stock.