Curt Calaway - Jun 13, 2024 Form 3 Insider Report for TYSON FOODS, INC. (TSN)

Role
interimChief Financial Officer
Signature
/s/ Marissa Savells by Power of Attorney for Curt Calaway
Stock symbol
TSN
Transactions as of
Jun 13, 2024
Transactions value $
$0
Form type
3
Date filed
6/21/2024, 01:58 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
holding TSN Class A Common Stock 7,734 Jun 13, 2024 Direct F1
holding TSN Class A Common Stock 27,099 Jun 13, 2024 Joint Revocable Trust

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 Non-Qualified Stock Options (Right to Buy) Jun 13, 2024 Class A Common Stock 6,539 $50.00 Direct
holding TSN Non-Qualified Stock Options (Right to Buy) Jun 13, 2024 Class A Common Stock 5,589 $58.34 Direct
holding TSN Non-Qualified Stock Options (Right to Buy) Jun 13, 2024 Class A Common Stock 4,115 $77.97 Direct
holding TSN Non-Qualified Stock Options (Right to Buy) Jun 13, 2024 Class A Common Stock 6,608 $59.42 Direct
holding TSN Non-Qualified Stock Options (Right to Buy) Jun 13, 2024 Class A Common Stock 4,475 $89.98 Direct
holding TSN Non-Qualified Stock Options (Right to Buy) Jun 13, 2024 Class A Common Stock 6,702 $60.74 Direct
holding TSN Non-Qualified Stock Options (Right to Buy) Jun 13, 2024 Class A Common Stock 4,538 $81.51 Direct
holding TSN Non-Qualified Stock Options (Right to Buy) Jun 13, 2024 Class A Common Stock 4,741 $65.52 Direct
holding TSN Non-Qualified Stock Options (Right to Buy) Jun 13, 2024 Class A Common Stock 6,620 $48.74 Direct
holding TSN Performance Shares Jun 13, 2024 Class A Common Stock 3,681 Direct F2
holding TSN Performance Shares Jun 13, 2024 Class A Common Stock 4,579 Direct F3
holding TSN Performance Shares Jun 13, 2024 Class A Common Stock 6,155 Direct F4
holding TSN Performance Shares Jun 13, 2024 Class A Common Stock 6,155 Direct F5

Explanation of Responses:

Id Content
F1 Includes 3,969.2602 shares of Class A Common Stock held in the Employee Stock Purchase Plan; 991.542 shares of Class A Common Stock which vest on November 19, 2024; 1,206.132 shares of Class A Common Stock which vest on November 18, 2025; and 1,566.943 shares of Class A Common Stock which vest in equal annual increments on each of approximately the first, second and third anniversary dates of the grant and become fully vested after three years.
F2 Award of performance Class A Common Stock which vests on November 19, 2024 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 2022-2024) 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 2022-2024) period; and (3) achievement of a three year (fiscal 2022-2024) 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.
F3 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.
F4 Award of performance Class A Common Stock which vests on November 17, 2026 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 2024-2026) 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 2024-2026) 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.
F5 Award of performance Class A Common Stock which will vest in equal annual increments on the first and second anniversary dates of the grant if the performance metric described in the applicable Stock Incentive Agreement (the "SIA") is achieved. The performance metric set forth in the SIAs is the achievement of a one year (fiscal 2024) operating income target. Subject to the achievement of the performance metric, the performance shares could vest at a level of 25 to 100 percent and are reported as derivative securities at the 100 percent level. If the performance metric is not achieved, the award expires.