Form 4 for TSN Tyson Foods
Accepted 2024-11-21 00:00:00 ET · period of report 2024-11-19 · accession 0000100493-24-000163 · 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 | 2024-11-21 | 2024-11-19 | TSN | King Donnie | Pres, CEO | F - Tax | $62.92 | -9,596 | 400.9K | -2% | -$603.8K |
| D | 2024-11-21 | 2024-11-19 | TSN | King Donnie | Pres, CEO | M - OptEx | — | -81.0K | 0 | -100% | — |
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 | 2024-11-19 | F | D | 9,596 | $62.92 | 400,943.90 | D | — | — | |
| 2 | Derivative | Performance Shares | 2024-11-19 | M | D | 80,971.66 | — | 0 | D | — · — to — | 80,971.66 Class A Common Stock | (F2) On November 19, 2024, the Reporting Person's grant of performance shares expired without any shares vesting. On November 19, 2021, the Reporting Person received a grant of performance shares, subject to the achievement of performance criteria in the applicable Stock Incentive Agreement. The performance criteria were (a) a cumulative operating income target of $11.9 billion for the 2022-2024 fiscal years and, (b) a favorable comparison of the relative shareholder return of the Issuer's Class A Common Stock compared to a predetermined peer group of publicly traded companies over the 2022-2024 fiscal years, and (c) a cumulative return on invested capital of 11.5% for the 2022-2024 fiscal years. The performance shares could have vested at a level of up to 200 percent per performance criteria and were previously reported in the aggregate as derivative securities at the 200 percent level. |