FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
|
1. Name and Address of Reporting Person*
(Street)
|
2. Date of Event Requiring Statement
(Month/Day/Year) 10/10/2007 |
3. Issuer Name and Ticker or Trading Symbol
TYSON FOODS INC [ (TSN) ] |
|||||||||||||
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
|
5. If Amendment, Date of Original Filed
(Month/Day/Year) |
||||||||||||||
6. Individual or Joint/Group Filing (Check Applicable Line)
|
Table I - Non-Derivative Securities Beneficially Owned | |||
---|---|---|---|
1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Class A Common Stock | 56,799 | D | |
Class A Common Stock | 1,144 | I | By ESPP |
Class A Common Stock | 52,734 | I | By Trust |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
---|---|---|---|---|---|---|---|
1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Non Qualified Stock Option (right to buy) | 10/10/2004(1) | 10/10/2012 | Class A Common Stock | 6,960 | $9.64 | D | |
Non-Qualified Stock Option (right to buy) | 03/29/2003(2) | 03/29/2011 | Class A Common Stock | 20,000 | $11.5 | D | |
Non-Qualified Stock Option (right to buy) | 10/15/2003(1) | 10/15/2011 | Class A Common Stock | 6,960 | $9.32 | D | |
Non-Qualified Stock Option (right to buy) | 09/19/2005(1) | 09/19/2013 | Class A Common Stock | 6,960 | $13.33 | D | |
Non-Qualified Stock Option (right to buy) | (1) | 09/29/2014 | Class A Common Stock | 10,000 | $15.96 | D | |
Non-Qualified Stock Option (right to buy) | 11/16/2007(1) | 11/16/2015 | Class A Common Stock | 10,000 | $16.35 | D | |
Non-Qualified Stock Option(right to buy) | 11/17/2008(1) | 11/17/2016 | Class A Common Stock | 40,000 | $15.37 | D | |
Performance Shares | (3) | (3) | Class A Common Stock | 23,614.6096 | (3) | D | |
Performance Shares | (4) | (4) | Class A Common Stock | 21,008.4034 | (4) | D |
Explanation of Responses: |
1. The stock options vest at 40% on the second anniversary of the grant date, the date indicated herein is the first vesting date, and 20% each year thereafter for 3 years. |
2. The Stock Options become exercisable in four equal annual installments, commencing two years after the date of grant, 03-29-01. |
3. The award will vest or expire two business days following the Company's public announcement of its earnings for the 2009 fiscal year based upon a comparison of the market price of Tyson's Class A Common Stock to a peer group of publicly traded companies and the achievement by the Company of certain goals related to return on invested capital. The number of performance shares that can vest under the awards range from 50% to 150% of the target level, and the number of derivative securities reported herein is at the maximum vesting level of 150%. |
4. The award will vest or expire two business days following the Issuer's 2010 fiscal year based upon a comparison of the market price of Issuer's Class A Common Stock to a peer group of publicly traded companies. The number of performance shares that can vest under the awards range from 50% to 150% of the target level, and the number of derivative securities reported herein is at the maximum vesting level of 150%. |
/s/ Leonard, Bernard | 10/19/2007 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |