4//SEC Filing
MORRIS WES 4
Accession 0000100493-23-000123
CIK 0000100493other
Filed
Nov 20, 7:00 PM ET
Accepted
Nov 21, 4:37 PM ET
Size
288.1 KB
Accession
0000100493-23-000123
Insider Transaction Report
Form 4
MORRIS WES
Group President Poultry
Transactions
- Sale
Class A Common Stock
2023-11-17$48.14/sh−500$24,068→ 0 total(indirect: by Daughter) - Sale
Class A Common Stock
2023-11-17$48.12/sh−500$24,060→ 0 total(indirect: by Son) - Sale
Class A Common Stock
2023-11-17$48.11/sh−9,362$450,406→ 33,396.553 total - Award
Class A Common Stock
2023-11-17+15,387.772→ 49,399.836 total - Award
Non-Qualified Stock Options (Right to Buy)
2023-11-17+66,196→ 66,196 totalExercise: $48.74From: 2024-11-17Exp: 2033-11-17→ Class A Common Stock (66,196 underlying) - Award
Performance Shares
2023-11-17+61,551.087→ 61,551.087 total→ Class A Common Stock (61,551.087 underlying)
Footnotes (4)
- [F1]Restricted Stock award of Class A Common Stock which will vest in equal annual increments on each of approximately the first, second and third anniversary dates of the grant and become fully vested after three years.
- [F2]Includes 615.511 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.
- [F3]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.
- [F4]Award of performance Class A Common Stock which vests on November 17, 2026 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 2024-2026) 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 2024-2026) period. 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.
Issuer
TYSON FOODS, INC.
CIK 0000100493
Entity typeother
Related Parties
1- filerCIK 0001963974
Filing Metadata
- Form type
- 4
- Filed
- Nov 20, 7:00 PM ET
- Accepted
- Nov 21, 4:37 PM ET
- Size
- 288.1 KB