Brady Stewart - Nov 18, 2024 Form 4/A - Amendment Insider Report for TYSON FOODS, INC. (TSN)

Role: Group President Fresh Meats
Signature: /s/ Marissa Savells by Power of Attorney for Brady Stewart
Stock symbol: TSN
Transactions as of: Nov 18, 2024
Transactions value $: $0
Form type: 4/A - Amendment
Date filed: 11/21/2024, 06:05 PM
Date Of Original Report: Nov 19, 2024
Previous filing: Nov 19, 2024

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		+51.1K			51.1K	Nov 18, 2024	Class A Common Stock	51.1K		Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	This Form 4 amendment is being filed to amend the Reporting Person's Form 4 filed on November 19, 2024, to correct the number of performance shares awarded to the Reporting Person on November 18, 2024. Due to an administrative error, the number of shares was incorrectly reported at 100 percent.
F2	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.

Content

This Form 4 amendment is being filed to amend the Reporting Person's Form 4 filed on November 19, 2024, to correct the number of performance shares awarded to the Reporting Person on November 18, 2024. Due to an administrative error, the number of shares was incorrectly reported at 100 percent.

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.