Form Type: 4

SEC EDGAR Link
Accession Number:0001206264-20-000185
Date:2020-06-10
Issuer: TEMPUR SEALY INTERNATIONAL, INC. (TPX)
Original Submission Date:

Reporting Person:

RUSING STEVEN H
C/O TEMPUR SEALY INTERNATIONAL, INC.
1000 TEMPUR WAY LEXINGTON, KY 40511

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature 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
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
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 ExercisableExpiration 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
Footnotes
IDfootnote
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.
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