Form 4 for TSN Tyson Foods
Accepted 2021-11-23 00:00:00 ET · period of report 2021-11-19 · accession 0000100493-21-000144 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2021-11-23 | 2021-11-20 | TSN | King Donnie | Pres, CEO, GrpPresPoultry | F - Tax | $81.51 | -2,594 | 166.6K | -2% | -$211.4K |
| D | 2021-11-23 | 2021-11-19 | TSN | King Donnie | Pres, CEO, GrpPresPoultry | A - Grant | $0.00 | +20.2K | 169.1K | +14% | $0 |
| DM | 2021-11-23 | 2021-11-19 | TSN | King Donnie | Pres, CEO, GrpPresPoultry | A - Grant | $0.00 | +180.8K | 81.0K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2021-11-20 | F | D | 2,594 | $81.51 | 166,552.18 | D | — | — | |
| 2 | Common | Class A Common Stock | 2021-11-19 | A | A | 20,242.92 | $0.00 | 169,146.18 | D | — | — | |
| 3 | Derivative | Non-Qualified Stock Options (Right to Buy) | 2021-11-19 | A | A | 99,819 | $0.00 | 99,819 | D | $81.51 · 2022-11-19 to 2031-11-19 | 99,819 Class A Common Stock | |
| 4 | Derivative | Performance Shares | 2021-11-19 | A | A | 80,971.66 | — | 80,971.66 | D | — · — to — | 80,971.66 Class A Common Stock | (F3) Award of performance Class A Common Stock which vests on November 19, 2024 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 2022-2024) 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 2022-2024) period; and (3) achievement of a three year (fiscal 2022-2024) 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. |