0001206264-23-000024.txt : 20230106 0001206264-23-000024.hdr.sgml : 20230106 20230106160646 ACCESSION NUMBER: 0001206264-23-000024 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230104 FILED AS OF DATE: 20230106 DATE AS OF CHANGE: 20230106 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BUSTER H CLIFFORD III CENTRAL INDEX KEY: 0001448352 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-31922 FILM NUMBER: 23515125 MAIL ADDRESS: STREET 1: 1000 TEMPUR WAY CITY: LEXINGTON STATE: KY ZIP: 74135 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 4 1 wf-form4_167303919000144.xml FORM 4 X0306 4 2023-01-04 0 0001206264 TEMPUR SEALY INTERNATIONAL, INC. TPX 0001448352 BUSTER H CLIFFORD III C/O TEMPUR SEALY INTERNATIONAL, INC. 1000 TEMPUR WAY LEXINGTON KY 40511 0 1 0 0 CEO, North America Common Stock 2023-01-04 4 M 0 47244 0 A 271246 D Common Stock 2023-01-04 4 F 0 22016 34.93 D 249230 D Common Stock 2023-01-04 4 M 0 6482 0 A 255712 D Common Stock 2023-01-04 4 F 0 3021 34.93 D 252691 D Common Stock 2023-01-04 4 M 0 11810 0 A 264501 D Common Stock 2023-01-04 4 F 0 5504 34.93 D 258997 D Common Stock 2023-01-04 4 M 0 33760 0 A 292757 D Common Stock 2023-01-04 4 F 0 15733 34.93 D 277024 D Common Stock 220429 I Buster Family Trust Performance Restricted Stock Units 0.0 2023-01-04 4 M 0 47244 0 D Common Stock 47244.0 94479 D Restricted Stock Units 0.0 2023-01-04 4 M 0 6482 0 D Common Stock 6482.0 19446 D Restricted Stock Units 0.0 2023-01-04 4 M 0 11810 0 D Common Stock 11810.0 23620 D Restricted Stock Units 0.0 2023-01-04 4 M 0 33760 0 D Common Stock 33760.0 0 D Restricted Stock Units 0.0 2023-01-04 4 A 0 35786 0 A Common Stock 35786.0 35786 D Performance restricted stock units and restricted stock units convert into common stock on a one-for-one basis. These shares of TPX common stock are held by a family trust of which the reporting person is trustee. The reporting person and his spouse are the sole beneficiaries of the trust. On February 22, 2022, the Compensation Committee of the Board of Directors determined that the maximum performance conditions for the performance restricted stock units (PRSUs) granted on January 4, 2021 were achieved. The PRSUs vest in approximately three equal installments on January 4, 2023, 2024 and 2025. On January 4, 2022, the reporting person was granted 25,928 restricted stock units, vesting in four annual installments beginning on the first anniversary of the grant date. On January 4, 2021, the reporting person was granted 47,241 restricted stock units, vesting in four annual installments beginning on the first anniversary of the grant date. The restricted stock units ("RSUs") were previously reported as a grant of 33,760 RSUs vesting in four annual installments on January 4, 2020, 2021, 2022 and 2023. The RSUs have been adjusted to reflect the 4-for-1 stock split, which occurred on November 24, 2020. On January 4, 2023, the reporting person was granted 35,786 restricted stock units, vesting in four annual installments beginning on the first anniversary of the grant date. /s/ Bhaskar Rao, Attorney-in-Fact 2023-01-06