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