4//SEC Filing
Soderstrom Johanna 4
Accession 0000100493-21-000149
CIK 0000100493other
Filed
Nov 22, 7:00 PM ET
Accepted
Nov 23, 5:33 PM ET
Size
13.3 KB
Accession
0000100493-21-000149
Insider Transaction Report
Form 4
Soderstrom Johanna
EVP & Chief HR Officer
Transactions
- Award
Class A Common Stock
2021-11-19+5,060.729→ 18,831.658 total - Award
Performance Shares
2021-11-19+20,242.915→ 20,242.915 total→ Class A Common Stock (20,242.915 underlying) - Award
Non-Qualified Stock Options (Right to Buy)
2021-11-19+24,955→ 24,955 totalExercise: $81.51From: 2022-11-19Exp: 2031-11-19→ Class A Common Stock (24,955 underlying) - Tax Payment
Class A Common Stock
2021-11-19−401→ 13,770.929 total
Holdings
- 274.445(indirect: Employee Stock Purchase Plan)
Class A Common Stock
Footnotes (6)
- [F1]On November 20, 2021, 885.13 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, 401 shares were withheld by the Issuer to satisfy tax withholding obligations.
- [F2]Restricted Stock award of Class A Common Stock which vests on November 19, 2024.
- [F3]Includes 332.863 shares of the Issuer's Class A Common Stock received by the Reporting Person pursuant to the Issuer's dividend reinvestment plan since the last Statement of Changes in Beneficial Ownership was filed by the Reporting Person. Such acquisitions are exempt from Section 16 concurrent reporting requirements pursuant to Rule 16a-11.
- [F4]Represents shares of the Issuer's Class A Common Stock purchased for the Reporting Person's account under the Issuer's Employee Stock Purchase Plan since the last Statement of Changes in Beneficial Ownership was filed by the Reporting Person. Such acquisitions are exempt from Section 16 concurrent reporting requirements pursuant to Rule 16b-3.
- [F5]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.
- [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 0001628361
Filing Metadata
- Form type
- 4
- Filed
- Nov 22, 7:00 PM ET
- Accepted
- Nov 23, 5:33 PM ET
- Size
- 13.3 KB