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Tempur Sealy International Inc. Message Board

  • wbuffettman wbuffettman Oct 26, 2011 9:06 AM Flag

    Nice trade by CEO...

    DJ CEO SARVARY Sells 15,000 Of TEMPUR-PEDIC INTERNATIONAL INC >TPX (DJ)

    SOURCE: Form 4

    ISSUER: TEMPUR-PEDIC INTERNATIONAL INC
    SYMBOL: TPX

    FILER: SARVARY MARK A
    TITLE: Chief Executive Officer

    DATE TRANSACTION SHARES PRICE VALUE
    10/21/11-10/24/11 Exercise* 15,000 $7.81 $117,150
    10/21/11-10/24/11 Sale 15,000 $68.00 $1,020,000
    (10b5-1 Plan Indicated)**

    OWNERSHIP: 0 (Direct)

    * - Exercised 6 years, 8 months before expiration.
    ** - A 10b5-1 plan enables an insider to establish a program to make trans-
    actions according to an advance plan. Such a program allows an insider
    to continue with planned transactions even if he or she comes into
    possession of material non-public information.

    The Form 4 is filed with the Securities and Exchange Commission by insiders
    to report transactions in their companies' shares. Open market purchases
    and sales must be reported within two business days of the transaction.

    Insider Data Source: The Washington Service
    (info@washingtonservice.com‚ or 301-913-5100)

    (END) Dow Jones Newswires
    10-25-11 1651ET

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TPX
55.55-0.33(-0.59%)Nov 21 4:03 PMEST

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