4//SEC Filing
Langholz Christopher Lynn 4
Accession 0000100493-20-000160
CIK 0000100493other
Filed
Nov 23, 7:00 PM ET
Accepted
Nov 24, 4:23 PM ET
Size
12.6 KB
Accession
0000100493-20-000160
Insider Transaction Report
Form 4
Langholz Christopher Lynn
President International
Transactions
- Award
Non-Qualified Stock Options (Right to Buy)
2020-11-20+33,585→ 33,585 totalExercise: $60.74From: 2021-11-20Exp: 2030-11-20→ Class A Common Stock (33,585 underlying) - Award
Class A Common Stock
2020-11-20+6,585.446→ 69,551.875 total - Award
Performance Shares
2020-11-20+26,341.784→ 26,341.784 total→ Class A Common Stock (26,341.784 underlying) - Award
Class A Common Stock
2020-11-20+6,173.856→ 75,725.731 total
Footnotes (6)
- [F1]Restricted Stock award of Class A Common Stock which vests on November 20, 2023.
- [F2]Includes 50,197.7672 shares of Class A Common Stock which vest on November 18, 2021; 4,278.219 shares of Class A Common Stock which vest on November 18, 2022 if the performance metric described in the applicable Stock Incentive Agreement ("SIA") is achieved and 6,585.446 shares of Class A Common Stock which vest on November 20, 2023.
- [F3]Award of restricted stock units ("RSUs") which vest in equal annual increments on each of the first and second anniversary dates of the grant and become fully vested after two years. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- [F4]Includes 50,197.7672 shares of Class A Common Stock which vest on November 18, 2021; 4,278.219 shares of Class A Common Stock which vest on November 18, 2022 if the performance metric described in the applicable Stock Incentive Agreement ("SIA") is achieved; 6,173.856 RSUs which vest in equal installments on the first and second anniversary dates of the grant and become fully vested on November 20, 2022 and 6,585.446 shares of Class A Common Stock which vest on November 20, 2023.
- [F5]Award of performance Class A Common Stock which vests on November 20, 2023 if the performance metrics described in the applicable SIA are achieved. The performance metrics set forth in the SIA are (1) achievement of a three year (fiscal 2021-2023) 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 2021-2023) 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 neither of the performance metrics are achieved, the award expires.
- [F6]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.
Documents
Issuer
TYSON FOODS, INC.
CIK 0000100493
Entity typeother
Related Parties
1- filerCIK 0001802505
Filing Metadata
- Form type
- 4
- Filed
- Nov 23, 7:00 PM ET
- Accepted
- Nov 24, 4:23 PM ET
- Size
- 12.6 KB