Filing Details
- Accession Number:
- 0000100493-24-000146
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-11-19 21:18:39
- Reporting Period:
- 2024-11-17
- Accepted Time:
- 2024-11-19 21:18:39
- 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 | 2024-11-17 | 2,298 | $64.32 | 13,639 | No | 4 | F | Direct | |
Class A Common Stock | Acquisiton | 2024-11-18 | 22,066 | $48.74 | 35,705 | No | 4 | M | Direct | |
Class A Common Stock | Disposition | 2024-11-18 | 25,080 | $64.71 | 10,625 | No | 4 | S | Direct | |
Class A Common Stock | Acquisiton | 2024-11-18 | 12,783 | $0.00 | 23,408 | No | 4 | A | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | F | Direct | |
No | 4 | M | Direct | |
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) | Disposition | 2024-11-18 | 22,066 | $48.74 | 22,066 | $48.74 |
Class A Common Stock | Performance Shares | Acquisiton | 2024-11-18 | 25,566 | $0.00 | 25,566 | $0.00 |
Class A Common Stock | Non-Qualified Stock Options (Right to Buy) | Acquisiton | 2024-11-18 | 59,183 | $0.00 | 59,183 | $64.54 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
44,130 | 2024-11-17 | 2033-11-17 | No | 4 | M | Direct |
25,566 | No | 4 | A | Direct | ||
59,183 | 2025-11-18 | 2034-11-18 | No | 4 | A | Direct |
Footnotes
- On November 17, 2024, 5,312.401 shares of restricted Class A Common Stock vested. The restricted shares were previously reported as beneficially owned by the Reporting Person. Pursuant to the terms of the award agreement these shares were withheld by the Issuer to satisfy tax withholding obligations.
- This is a weighted average price. These shares were sold in multiple transactions on November 18, 2024 at prices ranging from $64.38 to $65.17, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this range.
- Award of restricted stock units (RSUs) which will 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. Each RSU represents a contingent right to receive one share of the Issuers Class A Common Stock.
- Award of performance Class A Common Stock which will vest on November 18, 2027 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 2025-2027) 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 2025-2027) 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.
- 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.