Accession Number: | 0001206264-20-000185 |
Date: | 2020-06-10 |
Issuer: | TEMPUR SEALY INTERNATIONAL, INC. (TPX) |
Original Submission Date: |
RUSING STEVEN H
C/O TEMPUR SEALY INTERNATIONAL, INC.
1000 TEMPUR WAY
LEXINGTON, KY 40511
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
COMMON STOCK | 2020-06-10 | M | 1,120 | a | $0.00 | 11,890 | direct | ||
COMMON STOCK | 2020-06-10 | F | 475 | d | $70.83 | 11,415 | direct |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
---|---|---|---|---|---|---|---|---|---|---|---|---|
PERFORMANCE RESTRICTED STOCK UNITS | 0.0 | 2020-06-10 | deemed execution date | M | 1,120 (d) | common stock 1,120 | $0.00 | 1,120 | direct |
ID | footnote |
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f1 | matching performance restricted stock units convert into common stock on a one-for-one basis. |
f2 | matching performance restricted stock units ("mprsus") were granted to the reporting person on june 10, 2016 (the "grant date"). each mprsu represents a contingent right to receive one share of issuer common stock for each share purchased by the reporting person on or about the grant date. on february 24, 2017, the compensation committee of the tpx board of directors determined that the performance threshold had been satisfied, and the awards became subject only to time vesting restrictions. pursuant to the award agreement, the mprsus vest in five annual installments, with 1,120 units vesting on each of the five anniversaries of the grant date. following achievement of the performance threshold, on each of the first, second and third vesting date the first, second and third tranche of mprsus vested and were distributed to the reporting person. |