Sachse Peter R 4
4 · TEMPUR SEALY INTERNATIONAL, INC. · Filed Feb 7, 2025
Insider Transaction Report
Form 4
Sachse Peter R
Director
Transactions
- Award
Common Stock
2025-02-05+120,354→ 120,354 total - Award
Common Stock
2025-02-05+599→ 120,953 total
Footnotes (2)
- [F1]The reporting person held equity in Mattress Firm Group Inc., which merged into a subsidiary of the issuer (the "Merger") on February 5, 2025. The reporting person received cash and 120,354 shares of the issuer's common stock in connection with the Merger. As required by the merger agreement, the issuer's stock was valued at $65.65 per share, which is the non-weighted average of the opening and closing price of the issuer's common stock on February 4, 2025.
- [F2]Each restricted stock unit represents the right to receive one share of common stock of the issuer as described in the next sentence. The restricted stock units vest in full on May 9, 2025.