Langholz Christopher Lynn 4

4 · TYSON FOODS, INC. · Filed Nov 23, 2021

Form 4

Period: 2021-11-19

President International

Transactions

Award
Class A Common Stock
2021-11-19+6,134.217→ 63,206.121 total
Award
Performance Shares
2021-11-19+24,536.867→ 24,536.867 total
→ Class A Common Stock (24,536.867 underlying)
Tax Payment
Class A Common Stock
2021-11-20$81.51/sh−1,244$101,398→ 61,962.121 total
Sale
Class A Common Stock
2021-11-23$83.00/sh−6,014$499,162→ 55,948.121 total
Award
Non-Qualified Stock Options (Right to Buy)
2021-11-19+30,249→ 30,249 total
Exercise: $81.51From: 2022-11-19Exp: 2031-11-19→ Class A Common Stock (30,249 underlying)

Holdings

Footnotes (4)

[F1]Restricted Stock award of Class A Common Stock which vests on November 19, 2024.
[F2]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.
[F3]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.
[F4]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

3 files