David R. Bray - Jun 30, 2021 Form 3 Insider Report for TYSON FOODS, INC. (TSN)

Role
Group President Poultry
Signature
/s/ Mark Liberman as Power of Attorney for David R. Bray
Stock symbol
TSN
Transactions as of
Jun 30, 2021
Transactions value $
$0
Form type
3
Date filed
7/8/2021, 04:37 PM
Next filing
Aug 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
holding TSN Class A Common Stock 3,476 Jun 30, 2021 Direct F1
holding TSN Class A Common Stock 1,643 Jun 30, 2021 Employee Stock Purchase Plan

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding TSN Performance Shares Jun 30, 2021 Class A Common Stock 2,524 Direct F2
holding TSN Performance Shares Jun 30, 2021 Class A Common Stock 1,667 Direct F3
holding TSN Performance Shares Jun 30, 2021 Class A Common Stock 2,470 Direct F4
holding TSN Non-Qualified Stock Options (Right to Buy) Jun 30, 2021 Class A Common Stock 1,086 $58.34 Direct
holding TSN Non-Qualified Stock Options (Right to Buy) Jun 30, 2021 Class A Common Stock 4,115 $77.97 Direct
holding TSN Non-Qualified Stock Options (Right to Buy) Jun 30, 2021 Class A Common Stock 6,608 $59.42 Direct
holding TSN Non-Qualified Stock Options (Right to Buy) Jun 30, 2021 Class A Common Stock 4,475 $89.98 Direct
holding TSN Non-Qualified Stock Options (Right to Buy) Jun 30, 2021 Class A Common Stock 6,702 $60.74 Direct

Explanation of Responses:

Id Content
F1 Includes 1,347.55 shares of Class A Common Stock which vest on November 19, 2021; 871.121 shares of Class A Common Stock which vest on November 18, 2022; and 1,257.106 shares of Class A Common Stock which vest on November 20, 2023.
F2 Award of performance Class A Common Stock which vests on November 29, 2021 if the performance metrics described in the applicable SIA are achieved. The performance metrics set forth in the SIA are (1) achievement of a three year (fiscal 2019-2021) 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 2019-2021) 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 neither of the performance metrics are achieved, the award expires.
F3 Award of performance Class A Common Stock which vests on November 18, 2022 if the performance metrics described in the applicable SIA are achieved. The performance metrics set forth in the SIA are (1) achievement of a three year (fiscal 2020-2022) 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 2020-2022) 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 neither of the performance metrics are achieved, the award expires.
F4 Award of performance Class A Common Stock which vests on November 20, 2023 if the performance metrics described in the applicable SIA are achieved. The performance metrics set forth in the SIA are (1) achievement of a three year (fiscal 2021-2023) 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 2021-2023) 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 neither of the performance metrics are achieved, the award expires.