Boulden Melanie 4/A
4/A · TYSON FOODS, INC. · Filed Nov 21, 2024
Insider Transaction Report
Form 4/AAmended
Boulden Melanie
Grp Pres Prepared Foods & CGO
Transactions
- Award
Performance Shares
2024-11-18+41,834.521→ 41,834.521 total→ Class A Common Stock (41,834.521 underlying)
Footnotes (2)
- [F1]This Form 4 amendment is being filed to amend the Reporting Person's Form 4 filed on November 19, 2024, to correct the number of performance shares awarded to the Reporting Person on November 18, 2024. Due to an administrative error, the number of shares was incorrectly reported at 100 percent.
- [F2]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.