Home/Filings/4/0001181431-05-012171
4//SEC Filing

TEMPUR PEDIC INTERNATIONAL INC 4

Accession 0001181431-05-012171

$SGICIK 0001206264operating

Filed

Feb 22, 7:00 PM ET

Accepted

Feb 23, 6:36 PM ET

Size

6.5 KB

Accession

0001181431-05-012171

Insider Transaction Report

Form 4
Period: 2005-02-18
FOGG DAVID C
Senior Vice President
Transactions
  • Other

    Variable Forward Contract

    2005-02-18+350,000350,000 total
    Exp: 2006-02-21Common Stock (350,000 underlying)
Footnotes (1)
  • [F1]Mr. Fogg entered into a variable forward contract ("VFC") with Credit Suisse First Boston Capital LLC ("CSFBC LLC"). Under the VFC, CSFBC LLC will introduce an aggregate of 350,000 shares of common stock of Tempur-Pedic International Inc. ("Common Shares") into the public market in accordance with paragraphs (f) and (g) of Rule 144 under the Securities Act of 1933, as amended. The VFC provides that on February 21, 2006, Mr. Fogg will deliver, in the aggregate, a number of Common Shares to CSFBC LLC (or, at Mr. Fogg's election, the cash equivalent of such shares) as follows: (a) if the settlement price is less than the downside floor, a delivery of 350,000 Common Shares; and (b) if the settlement price is equal to or greater than the downside floor, a delivery of between 269,230 and 350,000 Common Shares (subject to adjustment for corporate events), dependent upon the settlement price.

Issuer

TEMPUR PEDIC INTERNATIONAL INC

CIK 0001206264

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001206264

Filing Metadata

Form type
4
Filed
Feb 22, 7:00 PM ET
Accepted
Feb 23, 6:36 PM ET
Size
6.5 KB