0001206264-17-000046.txt : 20170321 0001206264-17-000046.hdr.sgml : 20170321 20170321165456 ACCESSION NUMBER: 0001206264-17-000046 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170318 FILED AS OF DATE: 20170321 DATE AS OF CHANGE: 20170321 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: 17704725 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_149012968072910.xml FORM 4 X0306 4 2017-03-18 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 2017-03-18 4 M 0 3486 0 A 60013 D Common Stock 2017-03-18 4 F 0 1757 45.89 D 58256 D Restricted Stock Units 0.0 2017-03-18 4 M 0 3486 0 D Common Stock 3486.0 13944 D Matching Performance Restricted Stock Units ("MPRSUs") were granted to the Reporting Person on March 18, 2016 (the "Grant Date"). Each MPRSU represents a contingent right to receive one share of TPX Common Stock for each share purchased by the Reporting Person on or about the Grant Date pursuant to the award agreement. On February 24, 2017, the Company's Compensation Committee determined that the performance threshold had been satisfied, and the award agreement became subject only to time vesting restrictions. Pursuant to the award agreement, the MPRSUs vest in five equal annual installments, with 3,486 units vesting on each anniversary of the Grant Date. Following achievement of the performance threshold, on the first vesting date the first tranche of MPRSUs vested and were released. 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 MPRSUs. Because the award vested on a date when the New York Stock Exchange was closed, the Plan requires the tax withholding to be calculated at the closing price of the Common Stock on the first date for which a closing price is reported preceding the vesting date, March 17, 2017. 1,729 of these shares are subject to forfeiture pursuant to the terms of the Reporting Person's 2016 MPRSU award agreement. Bhaskar Rao, Attorney-in-Fact 2017-03-21