Filing Details
- Accession Number:
- 0000100493-23-000123
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-11-21 16:37:40
- Reporting Period:
- 2023-11-17
- Accepted Time:
- 2023-11-21 16:37:40
- 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 |
|---|---|---|---|---|---|---|---|
| 1963974 | Wes Morris | 2200 W. Don Tyson Parkway Springdale AR 72762 | Group President Poultry | 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 | Disposition | 2023-11-17 | 500 | $48.14 | 0 | No | 4 | S | Indirect | by Daughter |
| Class A Common Stock | Disposition | 2023-11-17 | 500 | $48.12 | 0 | No | 4 | S | Indirect | by Son |
| Class A Common Stock | Disposition | 2023-11-17 | 9,362 | $48.11 | 33,397 | No | 4 | S | Direct | |
| Class A Common Stock | Acquisiton | 2023-11-17 | 15,388 | $0.00 | 49,400 | No | 4 | A | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Indirect | by Daughter |
| No | 4 | S | Indirect | by Son |
| No | 4 | S | Direct | |
| No | 4 | A | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Non-Qualified Stock Options (Right to Buy) | Acquisiton | 2023-11-17 | 66,196 | $0.00 | 66,196 | $48.74 |
| Class A Common Stock | Performance Shares | Acquisiton | 2023-11-17 | 61,551 | $0.00 | 61,551 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 66,196 | 2024-11-17 | 2033-11-17 | No | 4 | A | Direct |
| 61,551 | No | 4 | A | Direct |
Footnotes
- Restricted Stock award of Class A Common Stock which will vest in equal annual increments on each of approximately the first, second and third anniversary dates of the grant and become fully vested after three years.
- Includes 615.511 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.
- 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.
- Award of performance Class A Common Stock which vests on November 17, 2026 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 2024-2026) 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 2024-2026) period. 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.
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