FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person * WILLIAMS DALE E   2. Issuer Name and Ticker or Trading Symbol TEMPUR PEDIC INTERNATIONAL INC [TPX] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Sr. VP, CFO & Secretary (Last) (First) (Middle) C/O TEMPUR-PEDIC INTERNATIONAL INC., 1713 JAGGIE FOX WAY 3. Date of Earliest Transaction (Month/Day/Year) 02/15/2007 (Street) LEXINGTON, KY 40511 4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 02/15/2007   M   342,891 A $ 2.38 384,891 D   Common Stock 02/15/2007   S   200 D $ 25.8 384,691 D   Common Stock 02/15/2007   S   4,700 D $ 25.82 379,991 D   Common Stock 02/15/2007   S   300 D $ 25.83 379,691 D   Common Stock 02/15/2007   S   300 D $ 25.84 379,391 D   Common Stock 02/15/2007   S   13,400 D $ 25.85 365,991 D   Common Stock 02/15/2007   S   6,000 D $ 25.86 359,991 D   Common Stock 02/15/2007   S   9,400 D $ 25.87 350,591 D   Common Stock 02/15/2007   S   9,900 D $ 25.88 340,691 D   Common Stock 02/15/2007   S   16,400 D $ 25.89 324,291 D   Common Stock 02/15/2007   S   7,200 D $ 25.9 317,091 D   Common Stock 02/15/2007   S   2,900 D $ 25.91 314,191 D   Common Stock 02/15/2007   S   7,100 D $ 25.92 307,091 D   Common Stock 02/15/2007   S   15,210 D $ 25.93 291,881 D   Common Stock 02/15/2007   S   37,800 D $ 25.94 254,081 D   Common Stock 02/15/2007   S   8,000 D $ 25.95 246,081 D   Common Stock 02/15/2007   S   300 D $ 25.96 245,781 D   Common Stock 02/15/2007   S   1,400 D $ 25.97 244,381 D   Common Stock 02/15/2007   S   790 D $ 25.98 243,591 D   Common Stock 02/15/2007   S   304 D $ 26.03 243,287 D   Common Stock 02/15/2007   S   2,000 D $ 26.05 241,287 D   Common Stock 02/15/2007   S   100 D $ 26.1 241,187 D

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Stock options (right to buy) (1)

$ 2.38 (2)

02/15/2007

M

342,891

(3)

07/07/2013

Common Stock

342,891

$ 0

65,625

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
WILLIAMS DALE E C/O TEMPUR-PEDIC INTERNATIONAL INC. 1713 JAGGIE FOX WAY LEXINGTON, KY 40511			Sr. VP, CFO & Secretary

Signatures

/s/ Dale E. Williams		02/20/2007
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	The reporting person exercised the stock option in order to receive the benefits of retaining ownership of the underlying common stock. The proceeds from the sale of the shares will be used to pay for the exercise price of the stock option and estimated federal and state taxes payable as a result of the exercise.
(2)	Reflects rounding.
(3)	These options vest and become exercisable in a series of installments. The first installment, which consisted of 10% of the total aggregate number of options granted, vested on October 27, 2003. An additional 15% of the original aggregate number of options granted vested and became exercisable on July 7, 2004. The remaining options will vest and become exercisable in a series of twelve successive equal quarterly installments, beginning on October 7, 2004.

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