Boulden Melanie 4
4 · TYSON FOODS, INC. · Filed Nov 21, 2023
Insider Transaction Report
Form 4
Boulden Melanie
Grp Pres Prepared Foods & CGO
Transactions
- Award
Class A Common Stock
2023-11-17+13,848.995→ 103,500.877 total - Award
Performance Shares
2023-11-17+55,395.979→ 55,395.979 total→ Class A Common Stock (55,395.979 underlying) - Award
Non-Qualified Stock Options (Right to Buy)
2023-11-17+59,577→ 59,577 totalExercise: $48.74From: 2024-11-17Exp: 2033-11-17→ Class A Common Stock (59,577 underlying)
Footnotes (2)
- [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]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.