THOMPSON SCOTT L 4

Accession 0001206264-25-000004

CIK 0001206264other

Filed

Jan 5, 7:00 PM ET

Accepted

Jan 6, 4:10 PM ET

Size

27.5 KB

Accession

0001206264-25-000004

Form 4

Period: 2025-01-03

DirectorCEO & PRESIDENT

Transactions

Tax Payment
Common Stock
2025-01-03$55.74/sh−14,872$828,965→ 2,903,923 total
Award
Restricted Stock Units
2025-01-03+71,762→ 71,762 total
Exercise: $0.00→ Common Stock (71,762 underlying)
Exercise/Conversion
Common Stock
2025-01-03+37,793→ 2,918,795 total
Exercise/Conversion
Common Stock
2025-01-03+83,473→ 2,987,396 total
Tax Payment
Common Stock
2025-01-03$55.74/sh−32,847$1,830,892→ 2,954,549 total
Exercise/Conversion
Common Stock
2025-01-03+151,170→ 3,105,719 total
Exercise/Conversion
Common Stock
2025-01-03+230,861→ 3,277,094 total
Exercise/Conversion
Performance Restricted Stock Units
2025-01-03−230,861→ 0 total
Exercise: $0.00→ Common Stock (230,861 underlying)
Exercise/Conversion
Restricted Stock Units
2025-01-03−37,793→ 0 total
Exercise: $0.00→ Common Stock (37,793 underlying)
Tax Payment
Common Stock
2025-01-03$55.74/sh−59,486$3,315,750→ 3,046,233 total
Tax Payment
Common Stock
2025-01-03$55.74/sh−90,965$5,070,389→ 3,186,129 total
Exercise/Conversion
Restricted Stock Units
2025-01-03−83,473→ 0 total
Exercise: $0.00→ Common Stock (83,473 underlying)
Exercise/Conversion
Performance Restricted Stock Units
2025-01-03−151,170→ 0 total
Exercise: $0.00→ Common Stock (151,170 underlying)

Footnotes (6)

[F1]Performance restricted stock units and restricted stock units convert into common stock on a one-for-one basis.
[F2]On January 4, 2021, the reporting person was granted 151,172 restricted stock units, vesting in four annual installments beginning on the first anniversary of the grant date.
[F3]On January 4, 2024, the reporting person was granted 83,473 restricted stock units, vesting in full on the first anniversary of the grant date.
[F4]On February 22, 2022, the Compensation Committee of the Board of Directors determined that the maximum performance conditions for the performance restricted stock units (PRSUs) granted on January 4, 2021 were achieved. The PRSUs vest in approximately three equal installments on January 4, 2023, 2024 and 2025.
[F5]On January 4, 2023, the reporting person was granted a target number of performance shares, with the payout from 0 to 300% of target based on the Company's adjusted EBITDA, Relative TSR Percentile and qualitative ESG performance. The Compensation Committee of the Board of Directors determined the payout for each metric on February 16, 2024 resulting in the reported number of performance shares received. The PRSUs vest in full on January 4, 2025.
[F6]On January 3, 2025, the reporting person was granted 71,762 restricted stock units, vesting in full on January 4, 2026.

Documents

1 file

TEMPUR SEALY INTERNATIONAL, INC.

CIK 0001206264

Entity typeother