Form 4 for TSN Tyson Foods
Accepted 2022-11-22 00:00:00 ET · period of report 2022-11-18 · accession 0000100493-22-000113 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-11-22 | 2022-11-18+ | TSN | Miller Shane | Group Pres Fresh Meats | M - OptEx | $47.60 | +8,249 | 23.8K | +53% | +$392.6K |
| D | 2022-11-22 | 2022-11-22 | TSN | Miller Shane | Group Pres Fresh Meats | S - Sale+OE | $67.75 | -6,608 | 30.9K | -18% | -$447.7K |
| DM | 2022-11-22 | 2022-11-18 | TSN | Miller Shane | Group Pres Fresh Meats | F - Tax | $65.52 | -1,152 | 22.2K | -5% | -$75.5K |
| D | 2022-11-22 | 2022-11-18 | TSN | Miller Shane | Group Pres Fresh Meats | A - Grant | $0.00 | +7,631 | 30.9K | +33% | $0 |
| DM | 2022-11-22 | 2022-11-18+ | TSN | Miller Shane | Group Pres Fresh Meats | M - OptEx | $39.49 | -9,942 | 0 | -100% | -$392.6K |
| DM | 2022-11-22 | 2022-11-18 | TSN | Miller Shane | Group Pres Fresh Meats | A - Grant | $0.00 | +62.1K | 30.5K | 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 | 2022-11-22 | M | A | 6,608 | $59.42 | 37,528.61 | D | — | — | |
| 2 | Common | Class A Common Stock | 2022-11-22 | S | D | 6,608 | $67.75 | 30,920.61 | D | — | — | (F6) Includes 230.666 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. |
| 3 | Common | Class A Common Stock | 2022-11-18 | F | D | 745 | $65.52 | 23,058.68 | D | — | — | |
| 4 | Common | Class A Common Stock | 2022-11-18 | M | A | 1,641.11 | $0.00 | 23,803.68 | D | — | — | |
| 5 | Common | Class A Common Stock | 2022-11-18 | F | D | 407 | $65.52 | 22,162.57 | D | — | — | (F2) This balance has been updated to include 30 shares of Class A Common Stock not previously reported by the Reporting Person due to inadvertent broker error |
| 6 | Common | Class A Common Stock | 2022-11-18 | A | A | 7,631.26 | $0.00 | 30,920.61 | D | — | — | |
| 7 | Derivative | Performance Shares | 2022-11-18 | M | D | 3,334.07 | $0.00 | 0 | D | — · — to — | 3,334.07 Class A Common Stock | (F8) A portion of these performance shares vested as described in footnote 3. The remainder of the award expired. |
| 8 | Derivative | Non-Qualified Stock Options (Right to Buy) | 2022-11-22 | M | D | 6,608 | $59.42 | 0 | D | $59.42 · 2019-11-19 to 2028-11-19 | 6,608 Class A Common Stock | (F10) 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. |
| 9 | Derivative | Class A Common Stock | 2022-11-18 | A | A | 31,606 | $0.00 | 31,606 | D | $65.52 · 2023-11-18 to 2034-11-18 | 31,606 Class A Common Stock | |
| 10 | Derivative | Class A Common Stock | 2022-11-18 | A | A | 30,525.03 | — | 30,525.03 | D | — · — to — | 30,525.03 Class A Common Stock | (F9) Award of performance Class A Common Stock which vests on November 18, 2025 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 2023-2025) 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 2023-2025) period; and (3) achievement of a three year (fiscal 2023-2025) 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. |