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