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