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

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

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.