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Filing Details

Accession Number:: 0001206264-23-000032
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2023-01-06 16:41:41
Reporting Period:: 2023-01-04

Accepted Time:: 2023-01-06 16:41:41
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
1365211	Bhaskar Rao	C/O Tempur Sealy International, Inc. 1000 Tempur Way Lexington KY 40511	Evp & Chief Financial Officer	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2023-01-04	29,295	$0.00	353,223	No	4	M	Direct
Common Stock	Disposition	2023-01-04	9,111	$34.93	344,112	No	4	F	Direct
Common Stock	Acquisiton	2023-01-04	4,019	$0.00	348,131	No	4	M	Direct
Common Stock	Disposition	2023-01-04	1,250	$34.93	346,881	No	4	F	Direct
Common Stock	Acquisiton	2023-01-04	7,323	$0.00	354,204	No	4	M	Direct
Common Stock	Disposition	2023-01-04	2,278	$34.93	351,926	No	4	F	Direct
Common Stock	Acquisiton	2023-01-04	33,760	$0.00	385,686	No	4	M	Direct
Common Stock	Disposition	2023-01-04	10,500	$34.93	375,186	No	4	F	Direct
Common Stock	Disposition	2023-01-06	27,198	$35.08	347,988	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	F	Direct
No	4	M	Direct
No	4	F	Direct
No	4	M	Direct
No	4	F	Direct
No	4	M	Direct
No	4	F	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Performance Restricted Stock Units	Disposition	2023-01-04	29,295	$0.00	29,295	$0.00
Common Stock	Restricted Stock Units	Disposition	2023-01-04	4,019	$0.00	4,019	$0.00
Common Stock	Restricted Stock Units	Disposition	2023-01-04	7,323	$0.00	7,323	$0.00
Common Stock	Restricted Stock Units	Disposition	2023-01-04	33,760	$0.00	33,760	$0.00
Common Stock	Restricted Stock Units	Acquisiton	2023-01-04	22,187	$0.00	22,187	$0.00

Remaning Holdings	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
58,575	No	4	M	Direct
12,057	No	4	M	Direct
14,644	No	4	M	Direct
0	No	4	M	Direct
22,187	No	4	A	Direct

Footnotes

Performance restricted stock units and restricted stock units convert into common stock on a one-for-one basis.
The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 9, 2022.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.00 to $35.22. The reporting person undertakes 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 sold at each separate price within the ranges set forth in this footnote.
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 16,076 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 29,290 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 22,187 restricted stock units, vesting in four annual installments beginning on the first anniversary of the grant date.