4//SEC Filing
Stewart Brady J. 4
Accession 0000100493-24-000144
CIK 0000100493other
Filed
Nov 18, 7:00 PM ET
Accepted
Nov 19, 9:18 PM ET
Size
12.7 KB
Accession
0000100493-24-000144
Insider Transaction Report
Form 4
Stewart Brady J.
Group President Fresh Meats
Transactions
- Award
Non-Qualified Stock Options (Right to Buy)
2024-11-18+59,183→ 59,183 totalExercise: $64.54From: 2025-11-18Exp: 2034-11-18→ Class A Common Stock (59,183 underlying) - Tax Payment
Class A Common Stock
2024-11-17$64.32/sh−1,501$96,544→ 76,056.112 total - Award
Class A Common Stock
2024-11-18+12,782.77→ 88,838.882 total - Award
Performance Shares
2024-11-18+25,565.541→ 25,565.541 total→ Class A Common Stock (25,565.541 underlying)
Footnotes (6)
- [F1]On November 17, 2024, 5,312.401 shares of restricted Class A Common Stock vested. The restricted shares were previously reported as beneficially owned by the Reporting Person. Pursuant to the terms of the award agreement these shares were withheld by the Issuer to satisfy tax withholding obligations.
- [F2]Includes 1,103.926 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.
- [F3]Includes 2,565.39 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]Award of restricted stock units (RSUs) which will 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. Each RSU represents a contingent right to receive one share of the Issuers Class A Common Stock.
- [F5]Award of performance Class A Common Stock which will vest on November 18, 2027 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 2025-2027) 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 2025-2027) 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.
- [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.
Documents
Issuer
TYSON FOODS, INC.
CIK 0000100493
Entity typeother
Related Parties
1- filerCIK 0001961495
Filing Metadata
- Form type
- 4
- Filed
- Nov 18, 7:00 PM ET
- Accepted
- Nov 19, 9:18 PM ET
- Size
- 12.7 KB