4//SEC Filing
Glendinning Stewart 4
Accession 0000100493-21-000166
CIK 0000100493other
Filed
Nov 30, 7:00 PM ET
Accepted
Dec 1, 5:27 PM ET
Size
262.8 KB
Accession
0000100493-21-000166
Insider Transaction Report
Form 4
Glendinning Stewart
Executive Vice President
Transactions
- Tax Payment
Class A Common Stock
2021-11-29$81.34/sh−3,885$316,006→ 50,138.631 total - Exercise/Conversion
Performance Shares
2021-11-29−31,975.766→ 0 total→ Class A Common Stock (31,975.766 underlying) - Tax Payment
Class A Common Stock
2021-11-29$81.34/sh−8,145$662,514→ 54,023.631 total - Exercise/Conversion
Class A Common Stock
2021-11-29+17,998.359→ 62,168.631 total
Footnotes (4)
- [F1]On November 19, 2018 the Reporting Person received a grant of 31,975.766 performance shares which vested or expired on November 29, 2021 subject to the achievement of performance criteria in the applicable Stock Incentive Agreement. The performance criteria were (a) a cumulative operating income target of $9,986 million for the 2019-2021 fiscal years and (b) a favorable comparison of the relative shareholder return of the Issuer's Class A Common Stock compared to a predetermined peer group of publicly traded companies over the 2019-2021 fiscal years. The performance shares could vest at a level of 50%-200% per performance criteria and were previously reported in the aggregate as derivative securities at the 200% level. On November 29, 2021, 17,998.359 shares vested and are reported herein as acquired non-derivatives securities and the remainder of the award expired.
- [F2]Pursuant to the terms of the award agreement, these shares were withheld by the Issuer to satisfy tax withholding obligations related to the vesting described in footnote 1.
- [F3]On November 29, 2021, 8,584.488 shares of restricted 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, 3,885 shares were withheld by the Issuer to satisfy tax withholding obligations.
- [F4]A portion of these performance shares vested as described in footnote 1. The remainder of the award expired.
Issuer
TYSON FOODS, INC.
CIK 0000100493
Entity typeother
Related Parties
1- filerCIK 0001439263
Filing Metadata
- Form type
- 4
- Filed
- Nov 30, 7:00 PM ET
- Accepted
- Dec 1, 5:27 PM ET
- Size
- 262.8 KB