Form 4/A for TSN Tyson Foods
Accepted 2024-11-21 00:00:00 ET · period of report 2024-11-18 · accession 0000100493-24-000181 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DA | 2024-11-21 | 2024-11-18 | TSN | Calaway Curt | CFO | A - Grant | $0.00 | +11.2K | 32.1K | +53% | $0 |
| DA | 2024-11-21 | 2024-11-18 | TSN | Calaway Curt | CFO | A - Grant | — | +41.8K | 41.8K | New | — |
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 | 2024-11-18 | A | A | 11,155.87 | $0.00 | 32,064.48 | D | — | — | (F1) This Form 4 amendment is being filed to amend the Reporting Person's Form 4 filed on November 19, 2024, as follows: i) to correct the total number of shares held. ii) to correct the number of shares purchased under the Issuer's Employee Stock Purchase Plan. iii) 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. (F3) Includes 595.21 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. (F4) Includes 64.334 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. |
| 2 | Derivative | Performance Shares | 2024-11-18 | A | A | 41,834.52 | — | 41,834.52 | D | — · — to — | 41,834.52 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. |