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
  1. 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.
  2. 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.
  3. 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.
  4. 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.
  5. 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.