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
  1. Restricted Stock award of Class A Common Stock which vests on November 19, 2024.
  2. 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.
  3. 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.
  4. 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.