Devin Cole - Nov 18, 2024 Form 4 Insider Report for TYSON FOODS, INC. (TSN)

Role
President, Intl & Global McDs
Signature
/s/ Marissa Savells by Power of Attorney for Devin Cole
Stock symbol
TSN
Transactions as of
Nov 18, 2024
Transactions value $
$0
Form type
4
Date filed
11/19/2024, 09:18 PM
Previous filing
Jul 10, 2024
This filing has been restated, see here for the amended filing

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TSN Class A Common Stock Award $0 +11.6K +18.6% $0.00 74.1K Nov 18, 2024 Direct F1, F2

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
transaction TSN Performance Shares Award +23.2K 23.2K Nov 18, 2024 Class A Common Stock 23.2K Direct F3
transaction TSN Non-Qualified Stock Options (Right to Buy) Award $0 +53.8K $0.00 53.8K Nov 18, 2024 Class A Common Stock 53.8K $64.54 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Award of restricted stock units (RSUs) which will 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. Each RSU represents a contingent right to receive one share of the Issuers Class A Common Stock.
F2 Includes 490.994 shares of the Issuer's Class A Common Stock received by the Reporting Person pursuant to the Issuer's dividend reinvestment plan since the last Statement of Changes in Beneficial Ownership was filed by the Reporting Person. Such acquisitions are exempt from Section 16 concurrent reporting requirements pursuant to Rule 16a-11.
F3 Award of performance Class A Common Stock which will vest on November 18, 2027 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 2025-2027) 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 2025-2027) 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.
F4 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.