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						3.48K	Jun 30, 2021	Direct	F1
holding	TSN	Class A Common Stock						1.64K	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	2.52K		Direct	F2
holding	TSN	Performance Shares							Jun 30, 2021	Class A Common Stock	1.67K		Direct	F3
holding	TSN	Performance Shares							Jun 30, 2021	Class A Common Stock	2.47K		Direct	F4
holding	TSN	Non-Qualified Stock Options (Right to Buy)							Jun 30, 2021	Class A Common Stock	1.09K	$58.34	Direct
holding	TSN	Non-Qualified Stock Options (Right to Buy)							Jun 30, 2021	Class A Common Stock	4.12K	$77.97	Direct
holding	TSN	Non-Qualified Stock Options (Right to Buy)							Jun 30, 2021	Class A Common Stock	6.61K	$59.42	Direct
holding	TSN	Non-Qualified Stock Options (Right to Buy)							Jun 30, 2021	Class A Common Stock	4.48K	$89.98	Direct
holding	TSN	Non-Qualified Stock Options (Right to Buy)							Jun 30, 2021	Class A Common Stock	6.7K	$60.74	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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.