Document:

Form of Non-Qualfied Stock Option Award

 Exhibit 4.3 
 FORM OF STOCK OPTION AWARD 
 [NAME] 

Congratulations! 
 On
[date], Leggett & Platt, Incorporated (the “Company”) awarded you Stock Options under the Company’s Flexible Stock Plan (the “Stock Option Plan”). You were granted an option to buy
[            ] shares of the Company’s Common Stock at the price of [$            ] per share. 

The option will expire ten (10) years from the date of grant, will be subject to the Terms and Conditions – Non-Qualified
Stock Option Award ([year] Grant) attached and will become exercisable as follows: 
  

					
	 	  	 May Be Purchased

	 # of Shares
	  	 Not Before
	  	 Not After

	 [33%]
	  	[1 year, 6 months from grant date]	  	[expiration date]
	 [33%]
	  	[2 years, 6 months from grant date]	  	[expiration date]
	 [34%]
	  	[3 years, 6 months from grant date]	  	[expiration date]

 By exercising this
option, you confirm that you understand and agree that the stock options being granted by the Company to you are granted subject to the attached Terms and Conditions – Non-Qualified Stock Option Award and the Stock Option Plan, and that such
terms and conditions are included in this Agreement by reference. 
 The Company’s most recent Summary of the Flexible
Stock Plan – Options is also attached. The Annual Report to Shareholders is not enclosed but is available upon request to the Corporate Human Resources Department. 

 

	
	This award letter and the enclosed materials are part of a prospectus covering securities that
have been registered under the Securities Act of 1933. Neither the Securities & Exchange Commission nor any state securities commission has approved or disapproved these securities or determined if this prospectus is truthful or
complete.

 Form of Non-Qualified Stock Option Award 

Terms and Conditions 

Definitions 
  

			
	Committee	  	A Committee of non-employee directors (or their designees) who administer the Stock Option Plan
		
	Exercise Price	  	The number of shares being purchased under the Option times [fair market value of the shares on the option grant date]
		
	Expiration Date	  	[ten years from the option grant date]
		
	Fair Market
Value	  	The closing price of the Company’s common stock on the trading day immediately preceding the Option exercise date, or in the event a simultaneous sale has occurred at the time
of exercise through a contractually arranged captive broker, the sale price of the exercised shares
		
	Option	  	The Non-Qualified Stock Option Award and these Terms and Conditions
		
	Option Shares	  	The number of L&P shares set out on the Option Award that may be purchased under the Option
		
	Morgan Stanley
Smith Barney	  	The brokerage firm with which the Company has contracted to provide stock option services, currently Morgan Stanley Smith Barney, or any successor firm if
applicable
		
	Stock Option Plan	  	The Leggett & Platt, Incorporated Flexible Stock Plan, as amended

  

	1.	Exercise of Option 

 The
Option may be exercised in whole or in part through Morgan Stanley Smith Barney (MSSB). To set up your account, call 888-873-1194. To exercise your Option, contact MSSB by phone at 888-609-3534 (US participants) or 312-419-3264 (international
participants) or online at www.benefitaccess.com. If contact information should change during the term of this Option, contact the Human Resources Department – Compensation Section at (417) 358-8131. 

Your Option exercise is contingent upon timely receipt of payment by MSSB. By exercising the Option you agree that the Option is subject
to these terms and conditions. 
  

	2.	Payment of Exercise Price 

Payment of the Exercise Price for Option Shares will be made either: 

 

	 	a)	in cash (cashier’s check, bank draft, or money order); or 

  

	 	b)	by delivering or attesting to ownership of L&P Stock owned by you having a Fair Market Value equal to the Exercise Price; or 

 

	 	c)	by any combination of cash and L&P Stock. 

  

	3.	Termination of Employment; Nonassignability 

  

	 	3.1.	Termination of Employment. If your employment is terminated by reason of discharge or voluntary quit, you may exercise the Option within 3 months after such
termination, but (i) only to the extent the Option was exercisable on the termination date, and (ii) not later than the Expiration Date. However, if employment is terminated “for cause,” your full interest in the Option will
terminate immediately upon such termination and all rights to the Option will cease. “For cause” means termination for any of the following reasons: (i) conviction of a crime involving the theft or willful destruction of money or
other property of the Company or conviction of any crime involving moral turpitude or fraud; (ii) continued and repeated violations of specific directions of the Company; or (iii) dishonesty, willful gross neglect or willful gross
misconduct in the performance of duties. 

  

	 	3.2.	Retirement. If your employment is terminated due to Retirement (as defined below), your rights under the Option will continue to vest and remain exercisable
until 3 years and 6 months after the Retirement date (but not later than the Expiration Date). “Retirement” means you terminate employment (i) on or after age 65, or (ii) on or after age 55 if you have at least 20 years of
service with the Company or any company or division acquired by the Company. 

  

	 	3.3.	Disability. If your employment is terminated due to Disability (as defined below), you may exercise the Option within 2 years after such termination, but
(i) only to the extent the Option was exercisable on the termination date, and (ii) not later than the Expiration Date. “Disability” means the inability to substantially perform your duties and responsibilities by reason of any
accident or illness that can be expected to result in death or to last for a continuous period of not less than 1 year. If you are terminated due to Disability and you meet the Retirement conditions specified in Section 3.2, your termination
will be treated in accordance with the Retirement provisions in Section 3.2. 

  

	 	3.4.	Death. If you die within the post-termination period referred to in Sections 3.1, 3.2 or 3.3, or while employed by the Company or a Subsidiary, the beneficiary
designated pursuant to Section 3.6 may exercise the Option within 1 year after your death, but (i) only to the extent the Option was exercisable on the date of death, and (ii) no later than the Expiration Date. If you have no
designated beneficiary, the right to exercise will extend to the personal representative of your estate or the person to whom the Option has been transferred by will or the laws of descent and distribution. 

No transfer of the Option, other than by filing a written designation of beneficiary as provided in Section 3.6, will bind the
Company unless the Company has been furnished with written notice of the transfer and a copy of the will and/or such other evidence as the Committee may require to establish the validity of the transfer. No transfer will be effective unless the
transferee accepts the terms and conditions of the Option. 

  

	 	3.5.	Leave of Absence. In determining whether your employment has been terminated for purposes of exercising the Option, the employment relationship will be treated
as continuing intact while you are on military, sick leave, or other bona fide leave of absence if (i) the Company does not terminate the employment relationship or (ii) your right to re-employment is guaranteed by statute or by contract.

  

	 	3.6.	Non-Transferability of Rights; Designation of Beneficiaries. You may not transfer the Option except by will or the laws of descent and distribution or as
provided in this Section. During your lifetime, only you may exercise the Option. 

 You may file with the Company
a written designation of a beneficiary or beneficiaries to exercise your stock options in the event of your death. You may revoke or change a beneficiary designation. Any such beneficiary designation will be controlling over any other disposition;
provided, however, that if the Committee is in doubt as to the right of any such beneficiary to exercise your stock options, the Committee may determine to recognize only an exercise by the personal representative of your estate. 

 

	4.	Withholding 

 When you
exercise the Option, the Company may withhold from the Option Shares any amount required to satisfy applicable tax laws (at the Company’s required withholding rate). Alternatively, the Company may require you to settle the tax liability in
cash. 
  

	5.	Noncompetition 

 For two
years after you exercise any portion of this Option, you will not directly or indirectly (i) engage in any Competitive Activity, (ii) solicit orders from or seek or propose to do business with any customer of the Company or its
subsidiaries or affiliates (collectively, the “Companies”) relating to any Competitive Activity, or (iii) influence or attempt to influence any employee, representative or advisor of the Companies to terminate his or her employment or
relationship with the Companies. “Competitive Activity” means any manufacture, sale, distribution, engineering, design, promotion or other activity that competes with any business of the Companies in which you were involved as an employee,
consultant or agent. 
 If you violate the preceding paragraph, then you will pay to the Company any Option Gain you realized
from exercising all or any portion of this Option. “Option Gain” is equal to (i) the number of shares purchased under the Option times the Fair Market Value of L&P Stock on the date the Option is exercised, minus (ii) the
Exercise Price, and minus (iii) any non-refundable taxes paid by you as a result of such exercise. 
 If any restriction in
this section is deemed unenforceable, then you and the Company contemplate that the appropriate court will reduce the scope or other provisions and enforce the restrictions set out in this section in their reduced form. The covenants in this Section
are in addition to any similar covenants under any other agreement between the Company and you. 

  

	6.	Stock Option Plan Controls 

The Option is subject to the Stock Option Plan, which is incorporated by reference. In the event of any conflict, the Stock Option Plan
will control over the Option. All capitalized terms have the meanings given them in the Stock Option Plan unless otherwise defined herein or unless the context clearly indicates otherwise. Upon request, a copy of the Stock Option Plan will be
furnished to you. 
  

	7.	Non-Qualified Stock Option 

The Option is not designed to be an “Incentive Stock Option” under Section 422 of the Internal Revenue Code. The Option is
a non-qualified option. 
  

	8.	Other 

 In the event of a
Change in Control of the Company, all shares granted under the Option Award will immediately become exercisable. 
 The Committee
may in its discretion accelerate the time at which all or any part of the Option becomes exercisable. 
 In the absence of any
specific agreement to the contrary, the grant of the Option to you will not affect any right of the Company or its Subsidiaries to terminate your employment or your right to resign from employment. 

If this Option was translated into a language other than English and the translation differs from the English version, the English version
will control. 
 The Company maintains the right to suspend your right to exercise an Option while the Company or an agent of the
Company is investigating conduct that may constitute grounds to terminate you “for cause.” 
 This Option is entered
into and accepted in Carthage, Missouri. The Option will be governed by Missouri law, excluding any conflicts or choice of law provision that might otherwise refer construction or interpretation of the Option to the substantive law of another
jurisdiction. 
 Any action or proceeding arising from or related to this Option is subject to the exclusive venue and subject
matter jurisdiction of the Circuit Court for Jasper County, Missouri or the United States District Court for the Western District of Missouri, and the parties agree to submit to the jurisdiction of such Courts. The parties also waive the defense of
an inconvenient forum and agree not to seek any change of venue from such Courts.Form of Restricted Stock Unit Award

 Exhibit 4.4 
 FORM OF RESTRICTED STOCK UNIT AWARD 
 [Recipient Name] 

On [date] (the “Grant Date”), Leggett & Platt, Incorporated, (the “Company”) granted you a
Restricted Stock Unit Award (“RSUs” or the “Award”), subject to the following terms. 
 1.
Grant. The Company granted you [            ] Restricted Stock Units on the Grant Date. 
 2. Vesting and Issuance. Except as provided in Section 4, the Award will vest in one-third increments on the first, second and third anniversaries of the Grant Date (the
“Vesting Dates”). On each Vesting Date, you will be issued one share of the Company’s common stock for each vested RSU. 

3. Termination of Employment. Except as provided in Section 4, if your employment is terminated before a Vesting Date, your right to
any unvested shares under this Award will terminate immediately upon such termination of employment. The employment relationship will be treated as continuing intact while you are on military, sick leave or other bona fide leave of absence if
(i) the Company does not terminate the employment relationship or (ii) your right to re-employment is guaranteed by statute or by contract. 
 4. Early Vesting. If your termination of employment is due to one of the following events, your Award will vest as follows: 

 

	 	(a)	Death. If you die before the Award is vested, your Award will vest on the date of your death. The Company will issue shares to the designated beneficiary.
If there is no designated beneficiary, the shares will be issued to the administrator, executor or personal representative of your estate. 

  

	 	(b)	Disability. “Disability” means the inability to substantially perform your duties and responsibilities by reason of any accident or
illness that can be expected to result in death or to last for a continuous period of not less than one year. If your service is terminated due to Disability, your Award will vest on the date of your Disability termination. 

 

	 	(c)	Change in Control. If your service is terminated due to a Change in Control of the Company (as defined in the Flexible Stock Plan), your Award will vest
upon the Change in Control. 

 5. Transferability. The Award may not be transferred, assigned, pledged or otherwise
encumbered until the underlying shares have been issued. 
 6. No Rights as Shareholder. You will not have the rights of a
shareholder with respect to this Award until the underlying shares have been issued. You will not have the right to vote the shares or receive any dividends that may be paid on the underlying shares prior to issuance. 

7. Withholding. You will recognize taxable income equal to the fair market value of the shares on each Vesting Date. This amount is subject
to ordinary income tax and payroll tax. The Company may withhold from the shares issued any amount required to satisfy applicable tax laws (at the Company’s required withholding rate). The Company, at its discretion, may allow you to pay the
taxes in cash if you make suitable arrangements with the Company prior to each Vesting Date. 
 The income and tax withholding generated by the
issuance of shares to you will be reported on your W-2. If your personal income tax rate is higher than the Company’s minimum required withholding rate, you will owe additional tax on the issuance. After payment of the ordinary income tax, your
shares will have a tax basis equal to the closing price of L&P stock on the Vesting Date. 
 8. Award Not Benefit Eligible.
This Award will be considered special incentive compensation and will not be included as earnings, wages, salary or compensation in any pension, retirement, welfare, life insurance or other employee benefit plan or arrangement of the Company.

 9. Section 409A. The Company believes this Award constitutes a short-term deferral within the meaning of Section 409A
of the Internal Revenue Code and the regulations thereunder. Notwithstanding anything contained in these terms and conditions, it is intended that the Award will at all times meet the requirements of Section 409A and any regulations or other
guidance issued thereunder, and that the provisions of the Award will be interpreted to meet such requirements. 

 To the extent permitted by Section 409A, the Committee retains the right to delay a distribution of
this Award if the distribution would violate securities laws or otherwise result in material harm to the Company. 
 10. Plan Controls;
Committee. This Award is subject to all terms, provisions and definitions of the Flexible Stock Plan (the “Plan”), which is incorporated by reference. In the event of any conflict, the Plan will control over this Award. Upon
request, a copy of the Plan will be furnished to you. The Plan is administered by a committee of non-employee directors or their designees (the “Committee”). The Committee’s decisions and interpretations with regard to this
Award will be binding and conclusive. 
 11. Governing Law. This Award is entered into and accepted in Carthage, Missouri. The
Award will be governed by Missouri law, excluding any conflicts or choice of law provision that might otherwise refer construction or interpretation of the Award to the substantive law of another jurisdiction.

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