0001206264-17-000033.txt : 20170228 0001206264-17-000033.hdr.sgml : 20170228 20170228170021 ACCESSION NUMBER: 0001206264-17-000033 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170224 FILED AS OF DATE: 20170228 DATE AS OF CHANGE: 20170228 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: TEMPUR SEALY INTERNATIONAL, INC. CENTRAL INDEX KEY: 0001206264 STANDARD INDUSTRIAL CLASSIFICATION: HOUSEHOLD FURNITURE [2510] IRS NUMBER: 331022198 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1000 TEMPUR WAY CITY: LEXINGTON STATE: KY ZIP: 40511 BUSINESS PHONE: 800-878-8889 MAIL ADDRESS: STREET 1: 1000 TEMPUR WAY CITY: LEXINGTON STATE: KY ZIP: 40511 FORMER COMPANY: FORMER CONFORMED NAME: TEMPUR PEDIC INTERNATIONAL INC DATE OF NAME CHANGE: 20031202 FORMER COMPANY: FORMER CONFORMED NAME: TWI HOLDINGS INC DATE OF NAME CHANGE: 20021119 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: ANDERSON RICHARD W CENTRAL INDEX KEY: 0001369483 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-31922 FILM NUMBER: 17648779 MAIL ADDRESS: STREET 1: C/O TEMPUR-PEDIC INTERNATIONAL INC. STREET 2: 1713 JAGGIE FOX WAY CITY: LEXINGTON STATE: KY ZIP: 40511 4 1 wf-form4_148831920261201.xml FORM 4 X0306 4 2017-02-24 0 0001206264 TEMPUR SEALY INTERNATIONAL, INC. TPX 0001369483 ANDERSON RICHARD W C/O TEMPUR SEALY INTERNATIONAL, INC. 1000 TEMPUR WAY LEXINGTON KY 40511 0 1 0 0 EVP & President North America Common Stock 2017-02-24 4 A 0 4566 0 A 56728 D Common Stock 2017-02-24 4 F 0 2336 45.95 D 54392 D Common Stock 2017-02-24 4 A 0 4375 0 A 58767 D Common Stock 2017-02-24 4 F 0 2240 45.95 D 56527 D Restricted Stock Units 0.0 2017-02-24 4 A 0 18262 0 A Common Stock 18262.0 18262 D Restricted Stock Units 0.0 2017-02-24 4 M 0 4566 0 D Common Stock 4566.0 13696 D Restricted stock units subject to a performance threshold were granted to the Reporting Person on February 11, 2016 (the "Grant Date"). Upon achievement of the performance threshold, the first tranche of the restricted stock units vested and were released. On February 24, 2017, the Company's Compensation Committee determined that the performance threshold had been satisfied, and the award became subject only to time vesting restrictions. Pursuant to the award agreement, the restricted stock units vest in four installments, with 4,566 units vesting on the first two anniversaries of the Grant Date and 4,565 units vesting on each of the third and fourth anniversaries of the Grant Date. Each restricted stock unit represents a contingent right to receive one share of TPX Common Stock. Represents the number of shares withheld in accordance with the award agreement and the Company's 2013 Equity Incentive Plan, as amended (the "Plan") to cover the withholding taxes arising upon the vesting of these restricted stock units. The Plan requires the tax withholding to be calculated at the closing price of the Common Stock on the date the award vested, which was $45.95 on Friday, February 24th, 2017. Represents the number of shares the Reporting Person earned on February 24, 2017 under a PRSU award granted on February 28, 2014, covering a three-year performance period ending December 31, 2016. Represents the number of shares withheld in accordance with the award agreement and the Company's 2013 Equity Incentive Plan, as amended (the "Plan") to cover the withholding taxes arising upon the vesting of these PRSUs. Bhaskar Rao, Attorney-in-Fact 2017-02-28