4//SEC Filing
Soderstrom Johanna 4
Accession 0000100493-22-000115
CIK 0000100493other
Filed
Nov 21, 7:00 PM ET
Accepted
Nov 22, 4:57 PM ET
Size
193.2 KB
Accession
0000100493-22-000115
Insider Transaction Report
Form 4
Soderstrom Johanna
EVP & Chief HR Officer
Transactions
- Award
Class A Common Stock
2022-11-18+8,585.165→ 27,416.823 total - Tax Payment
Class A Common Stock
2022-11-20$65.52/sh−410$26,863→ 27,423.497 total - Award
Class A Common Stock
2022-11-18+34,340.659→ 34,340.659 total→ Class A Common Stock (34,340.659 underlying) - Award
Class A Common Stock
2022-11-18+35,557→ 35,557 totalExercise: $65.52From: 2023-11-18Exp: 2034-11-18→ Class A Common Stock (35,557 underlying)
Holdings
- 1,306.885(indirect: Employee Stock Purchase Plan)
Class A Common Stock
Footnotes (6)
- [F1]Restricted Stock award of Class A Common Stock which vests on November 18, 2025.
- [F2]On November 20, 2022, 905.23 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, 410 shares were withheld by the Issuer to satisfy tax withholding obligations.
- [F3]Includes 416.674 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]Includes 1,032.4397 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 18, 2025 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 2023-2025) 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 2023-2025) period; and (3) achievement of a three year (fiscal 2023-2025) 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.
Issuer
TYSON FOODS, INC.
CIK 0000100493
Entity typeother
Related Parties
1- filerCIK 0001628361
Filing Metadata
- Form type
- 4
- Filed
- Nov 21, 7:00 PM ET
- Accepted
- Nov 22, 4:57 PM ET
- Size
- 193.2 KB