LUTHER JON L 4
4 · TEMPUR SEALY INTERNATIONAL, INC. · Filed May 14, 2018
Insider Transaction Report
Form 4
LUTHER JON L
Director
Transactions
- Award
Common Stock
2018-05-10+2,811→ 16,479 total
Footnotes (1)
- [F1]Each deferred stock unit represents the right to receive one share of common stock of the issuer at the end of the deferral period described below. Pursuant to the award agreement, the deferred stock units vest in four installments, with 703 units vesting on each of July 31, 2018; October 31, 2018; January 31, 2019; and 702 units vesting on the last day before the 2019 Annual Meeting of Stockholders. The vested shares will be delivered to the reporting person on May 10, 2021, unless an election is made by the reporting person to defer receipt of such shares to a later date.