Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
holding | TSN | Class A Common Stock | 6.54K | Jan 31, 2024 | Direct | F1, F2 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | TSN | Performance Shares | Jan 31, 2024 | Class A Common Stock | 898 | Direct | F3 |
Id | Content |
---|---|
F1 | Includes 2,656.955 shares of Class A Common Stock which vest in equal installments on November 18, 2024 and November 18, 2025; 1,394.902 shares of Class A Common Stock which vest on November 18, 2025; and 1,553.299 shares of Class A Common Stock which vest in equal installments on November 17, 2024 , November 17, 2025, and November 17, 2026. |
F2 | This Form 3 amendment is being filed to correct the description of the vesting terms in footnote 1 of the Reporting Person's Form 3 filed February 9, 2024. |
F3 | Award of performance Class A Common Stock which vests in equal increments on November 17, 2024 and November 17, 2025 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 |