4//SEC Filing
Thomas Phillip W 4
Accession 0000100493-21-000171
CIK 0000100493other
Filed
Nov 30, 7:00 PM ET
Accepted
Dec 1, 5:29 PM ET
Size
261.3 KB
Accession
0000100493-21-000171
Insider Transaction Report
Form 4
Thomas Phillip W
VP, Controller & CAO
Transactions
- Exercise/Conversion
Class A Common Stock
2021-11-29+828.871→ 15,421.838 total - Tax Payment
Class A Common Stock
2021-11-29$81.34/sh−252$20,498→ 15,169.838 total - Exercise/Conversion
Performance Shares
2021-11-29−1,472.568→ 0 total→ Class A Common Stock (1,472.568 underlying)
Holdings
- 1,778.719(indirect: Employee Stock Purchase Plan)
Class A Common Stock
Footnotes (4)
- [F1]On November 19, 2018 the Reporting Person received a grant of 1,472.568 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, 828.871 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]Includes 15.8015 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.
- [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 0001820034
Filing Metadata
- Form type
- 4
- Filed
- Nov 30, 7:00 PM ET
- Accepted
- Dec 1, 5:29 PM ET
- Size
- 261.3 KB