Filing Details
- Accession Number:
- 0000100493-21-000145
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-11-23 17:31:31
- Reporting Period:
- 2021-11-19
- Accepted Time:
- 2021-11-23 17:31:31
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
100493 | Tyson Foods Inc. | TSN | Poultry Slaughtering And Processing (2015) | 710225165 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1802505 | Lynn Christopher Langholz | 2200 W. Don Tyson Parkway Springdale AR 72762 | President International | No | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Class A Common Stock | Acquisiton | 2021-11-19 | 6,134 | $0.00 | 63,206 | No | 4 | A | Direct | |
Class A Common Stock | Disposition | 2021-11-20 | 1,244 | $81.51 | 61,962 | No | 4 | F | Direct | |
Class A Common Stock | Disposition | 2021-11-23 | 6,014 | $83.00 | 55,948 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | A | Direct | |
No | 4 | F | Direct | |
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Class A Common Stock | Performance Shares | Acquisiton | 2021-11-19 | 24,537 | $0.00 | 24,537 | $0.00 |
Class A Common Stock | Non-Qualified Stock Options (Right to Buy) | Acquisiton | 2021-11-19 | 30,249 | $0.00 | 30,249 | $81.51 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
24,537 | No | 4 | A | Direct | ||
30,249 | 2022-11-19 | 2031-11-19 | No | 4 | A | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Class A Common Stock | 543 | Indirect | Employee Stock Purchase Plan |
Footnotes
- Restricted Stock award of Class A Common Stock which vests on November 19, 2024.
- On November 20, 2021, 3,161.178 shares of restricted stock units of Class A Common Stock vested. These shares were previously reported as beneficially owned by the Reporting Person. Pursuant to the terms of the award agreement, 1,244 shares were withheld by the Issuer to satisfy tax withholding obligations.
- Award of performance Class A Common Stock which vests on November 19, 2024 if the performance metrics described in the applicable Stock Incentive Agreement (the "SIA") are achieved. The performance metrics set forth in the SIAs are: (1) achievement of a three year (fiscal 2022-2024) cumulative operating income target; and (2) a favorable comparison of the relative total shareholder return of the Issuer's Class A Common Stock compared to a predetermined peer group of publicly traded companies over a three year (fiscal 2022-2024) period; and (3) achievement of a three year (fiscal 2022-2024) average return on invested capital target. Subject to the achievement of the performance metrics, the performance shares could vest at a level of 50 to 200 percent and are reported as derivative securities at the 200 percent level. If none of the performance metrics are achieved, the award expires.
- These options vest in equal annual increments on each of the first, second and third anniversary dates of the grant and become fully vested after three years.