Filing Details

Accession Number:
0000921895-17-001537
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-05-16 17:19:42
Reporting Period:
2017-05-12
Filing Date:
2017-05-16
Accepted Time:
2017-05-16 17:19:42
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1206264 Tempur Sealy International Inc. TPX Household Furniture (2510) 331022198
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1364412 H Partners Management, Llc 888 Seventh Avenue
29Th Floor
New York NY 10019
No No Yes No
1364501 Rehan Jaffer C/O H Partners Management, Llc
888 Seventh Avenue, 29Th Floor
New York NY 10019
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2017-05-12 105,000 $48.61 4,768,100 No 4 P Indirect By H Partners, LP
Common Stock Acquisiton 2017-05-15 125,000 $48.42 4,893,100 No 4 P Indirect By H Partners, LP
Common Stock Acquisiton 2017-05-16 250,000 $46.98 5,143,100 No 4 P Indirect By H Partners, LP
Common Stock Acquisiton 2017-05-12 20,000 $48.61 1,778,100 No 4 P Indirect By H Offshore Fund, Ltd.
Common Stock Acquisiton 2017-05-15 45,000 $48.42 1,823,100 No 4 P Indirect By H Offshore Fund, Ltd.
Common Stock Acquisiton 2017-05-16 95,000 $46.98 1,918,100 No 4 P Indirect By H Offshore Fund, Ltd.
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect By H Partners, LP
No 4 P Indirect By H Partners, LP
No 4 P Indirect By H Partners, LP
No 4 P Indirect By H Offshore Fund, Ltd.
No 4 P Indirect By H Offshore Fund, Ltd.
No 4 P Indirect By H Offshore Fund, Ltd.
Footnotes
  1. This Form 4 is filed jointly by H Partners Management, LLC ("H Management") and Rehan Jaffer (collectively, the "Reporting Persons"). The securities reported herein are held in the accounts of certain investment funds owned and managed by H Management, including H Partners, LP ("H LP") and H Offshore Fund, Ltd. ("H Offshore") and a certain managed account, each of which individually owns less than 10% of the Issuer's outstanding shares of common stock. The Reporting Persons are filing this report because each of the Reporting Persons may be deemed to be a member of a Section 13(d) group that collectively owns more than 10% of the Issuer's outstanding shares of common stock.
  2. Each Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed an admission that any Reporting Person is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
  3. H LP directly owns the reported securities. H Management, as the investment manager of H LP, and Mr. Jaffer, as managing member of H Management, may be deemed to have voting and dispositive power with respect to the shares of common stock held by H LP.
  4. H Offshore directly owns the reported securities. H Management, as the investment manager of H Offshore, and Mr. Jaffer, as managing member of H Management, may be deemed to have voting and dispositive power with respect to the shares of common stock held by H Offshore.
  5. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $48.2400 to $48.7100, excluding commissions. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnotes 5, 6 and 7 to this Form 4.
  6. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $48.0800 to $48.6200, excluding commissions. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnotes 5, 6 and 7 to this Form 4.
  7. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $46.7900 to $47.1300, excluding commissions. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnotes 5, 6 and 7 to this Form 4.