Vollet Scott 4

Accession 0001206264-25-000012

CIK 0001206264other

View on SEC.gov Company Profile

Filed

Jan 5, 7:00 PM ET

Accepted

Jan 6, 4:16 PM ET

Size

44.0 KB

Accession

0001206264-25-000012

Insider Transaction Report

Form 4

Period: 2025-01-03

TEMPUR SEALY INTERNATIONAL, INC.TPX

Vollet Scott

EVP, Global Operations

Transactions

Exercise/Conversion
Common Stock
2025-01-03+7,322→ 416,779 total
Tax Payment
Common Stock
2025-01-03$55.74/sh−1,833$102,171→ 415,626 total
Exercise/Conversion
Restricted Stock Units
2025-01-03−7,322→ 0 total
Exercise: $0.00→ Common Stock (7,322 underlying)
Exercise/Conversion
Restricted Stock Units
2025-01-03−5,547→ 11,093 total
Exercise: $0.00→ Common Stock (5,547 underlying)
Exercise/Conversion
Performance Restricted Stock Units
2025-01-03−14,911→ 29,820 total
Exercise: $0.00→ Common Stock (14,911 underlying)
Exercise/Conversion
Common Stock
2025-01-03+4,019→ 417,459 total
Exercise/Conversion
Restricted Stock Units
2025-01-03−4,019→ 4,019 total
Exercise: $0.00→ Common Stock (4,019 underlying)
Exercise/Conversion
Restricted Stock Units
2025-01-03−4,044→ 12,129 total
Exercise: $0.00→ Common Stock (4,044 underlying)
Exercise/Conversion
Performance Restricted Stock Units
2025-01-03−29,286→ 0 total
Exercise: $0.00→ Common Stock (29,286 underlying)
Exercise/Conversion
Performance Restricted Stock Units
2025-01-03−4,587→ 4,588 total
Exercise: $0.00→ Common Stock (4,587 underlying)
Tax Payment
Common Stock
2025-01-03$55.74/sh−1,845$102,840→ 420,842 total
Exercise/Conversion
Common Stock
2025-01-03+14,911→ 454,034 total
Award
Restricted Stock Units
2025-01-03+13,904→ 13,904 total
Exercise: $0.00→ Common Stock (13,904 underlying)
Tax Payment
Common Stock
2025-01-03$55.74/sh−2,530$141,022→ 418,643 total
Tax Payment
Common Stock
2025-01-03$55.74/sh−13,500$752,490→ 436,628 total
Tax Payment
Common Stock
2025-01-03$55.74/sh−6,800$379,032→ 447,234 total
Tax Payment
Common Stock
2025-01-03$55.74/sh−3,339$186,116→ 413,440 total
Exercise/Conversion
Common Stock
2025-01-03+5,547→ 421,173 total
Exercise/Conversion
Common Stock
2025-01-03+4,044→ 422,687 total
Exercise/Conversion
Common Stock
2025-01-03+29,286→ 450,128 total
Exercise/Conversion
Common Stock
2025-01-03+4,587→ 441,215 total
Tax Payment
Common Stock
2025-01-03$55.74/sh−2,092$116,608→ 439,123 total

Footnotes (9)

[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 29,290 restricted stock units, vesting in four annual installments beginning on the first anniversary of the grant date.
[F3]On January 4, 2022, the reporting person was granted 16,076 restricted stock units, vesting in four annual installments beginning on the first anniversary of the grant date.
[F4]On January 4, 2023, the reporting person was granted 22,187 restricted stock units, vesting in four annual installments beginning on the first anniversary of the grant date.
[F5]On January 4, 2024, the reporting person was granted 16,173 restricted stock units, vesting in four annual installments beginning on the first anniversary of the grant date.
[F6]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.
[F7]On January 4, 2022, 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 17, 2023 resulting in the reported number of performance shares received. The PRSUs vest in approximately three equal installments on January 4, 2024, 2025 and 2026.
[F8]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 approximately three equal installments on January 4, 2025, 2026 and 2027.
[F9]On January 3, 2025, the reporting person was granted 13,904 restricted stock units, vesting in four annual installments beginning on January 4, 2026.

Documents

1 file

4
wk-form4_1736198176.xmlPrimary
FORM 4

Issuer

TEMPUR SEALY INTERNATIONAL, INC.

CIK 0001206264

→

Entity typeother

Related Parties

filerCIK 0001726315

Filing Metadata

Form type: 4
Filed: Jan 5, 7:00 PM ET
Accepted: Jan 6, 4:16 PM ET
Size: 44.0 KB

View on SEC.gov