Home > Insider Trading > Filing (0000100493-22-000113)

Filing Details

Accession Number:: 0000100493-22-000113
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2022-11-22 16:56:26
Reporting Period:: 2022-11-18

Accepted Time:: 2022-11-22 16:56:26
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
1848347	Shane Miller	2200 W Don Tyson Parkway Springdale AR 72762	Group President Fresh Meats	No	Yes	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Class A Common Stock	Disposition	2022-11-18	407	$65.52	22,163	No	4	F	Direct
Class A Common Stock	Acquisiton	2022-11-18	1,641	$0.00	23,804	No	4	M	Direct
Class A Common Stock	Disposition	2022-11-18	745	$65.52	23,059	No	4	F	Direct
Class A Common Stock	Acquisiton	2022-11-18	7,631	$0.00	30,921	No	4	A	Direct
Class A Common Stock	Acquisiton	2022-11-22	6,608	$59.42	37,529	No	4	M	Direct
Class A Common Stock	Disposition	2022-11-22	6,608	$67.75	30,921	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	F	Direct
No	4	M	Direct
No	4	F	Direct
No	4	A	Direct
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

Show Other Fields >>

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Performance Shares	Disposition	2022-11-18	3,334	$0.00	3,334	$0.00
Class A Common Stock	Class A Common Stock	Acquisiton	2022-11-18	30,525	$0.00	30,525	$0.00
Class A Common Stock	Class A Common Stock	Acquisiton	2022-11-18	31,606	$0.00	31,606	$65.52
Class A Common Stock	Non-Qualified Stock Options (Right to Buy)	Disposition	2022-11-22	6,608	$59.42	6,608	$59.42

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0			No	4	M	Direct
30,525			No	4	A	Direct
31,606	2023-11-18	2034-11-18	No	4	A	Direct
0	2019-11-19	2028-11-19	No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class A Common Stock	5,553	Indirect	Employee Stock Purchase Plan

Footnotes

On November 18, 2022, 896.123 shares of restricted 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, 407 shares were withheld by the Issuer to satisfy tax withholding obligations.
This balance has been updated to include 30 shares of Class A Common Stock not previously reported by the Reporting Person due to inadvertent broker error
On November 18, 2019 the Reporting Person received a grant of performance shares which vested or expired on November 18, 2022 subject to the achievement of performance criteria in the applicable Stock Incentive Agreement. The performance criteria were (a) a cumulative operating income target of $3.9 billion for the 2020-2022 fiscal years and (b) a favorable comparison of the relative shareholder return of the Issuer's Class A Common Stock compared to a predetermined peer group of publicly traded companies over the 2020-2022 fiscal years. The performance shares could vest at a level of 50%-200% per performance criteria and were previously reported in the aggregate as derivative securities at the 200% level. On November 18, 2022, 1,641.114 shares vested and are reported herein as acquired non-derivative securities and the remainder of the award expired.
Pursuant to the terms of the award agreement, these shares were withheld by the Issuer to satisfy tax withholding obligations related to the vesting described in footnote 3.
Restricted Stock award of Class A Common Stock which vests on November 18, 2025.
Includes 230.666 shares of the Issuer's Class A Common Stock received by the Reporting Person pursuant to the Issuer's dividend reinvestment plan since the last Statement of Changes in Beneficial Ownership was filed by the Reporting Person. Such acquisitions are exempt from Section 16 concurrent reporting requirements pursuant to Rule 16a-11.
Includes 738.5291 shares of the Issuer's Class A Common Stock purchased for the Reporting Person's account under the Issuer's Employee Stock Purchase Plan since the last Statement of Changes in Beneficial Ownership was filed by the Reporting Person. Such acquisitions are exempt from Section 16 concurrent reporting requirements pursuant to Rule 16b-3.
A portion of these performance shares vested as described in footnote 3. The remainder of the award expired.
Award of performance Class A Common Stock which vests on November 18, 2025 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 2023-2025) 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 2023-2025) period; and (3) achievement of a three year (fiscal 2023-2025) 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.