Kyle Narron - Oct 1, 2024 Form 3 Insider Report for TYSON FOODS, INC. (TSN)

Role: Group President Prepared Foods
Signature: /s/ Marissa Savells by Power of Attorney for Kyle Narron
Stock symbol: TSN
Transactions as of: Oct 1, 2024
Transactions value $: $0
Form type: 3
Date filed: 10/7/2024, 02:54 PM
Next filing: Nov 19, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	TSN	Class A Common Stock						9.66K	Oct 1, 2024	Direct	F1

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)							Oct 1, 2024	Class A Common Stock	13.2K	$48.74	Direct	F2
holding	TSN	Performance Shares							Oct 1, 2024	Class A Common Stock	12.3K		Direct	F3

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

Explanation of Responses:

Id	Content
F1	Includes 6,475.103 shares of Class A Common Stock which vests on May 12, 2026 and 3,187.44 shares of Class A Common Stock which vest in equal installments on November 17, 2024 , November 17, 2025, and November 17, 2026.
F2	These options vest in equal annual increments on each of the first, second and third anniversary dates of the grant and become fully vested after three years.
F3	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.