0000100493-17-000160.txt : 20171121
0000100493-17-000160.hdr.sgml : 20171121
20171121164523
ACCESSION NUMBER: 0000100493-17-000160
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170919
FILED AS OF DATE: 20171121
DATE AS OF CHANGE: 20171121
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Oleksiuk Mary
CENTRAL INDEX KEY: 0001497610
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-14704
FILM NUMBER: 171217392
MAIL ADDRESS:
STREET 1: 400 S. JEFFERSON STREET
CITY: CHICAGO
STATE: IL
ZIP: 60607
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: TYSON FOODS INC
CENTRAL INDEX KEY: 0000100493
STANDARD INDUSTRIAL CLASSIFICATION: POULTRY SLAUGHTERING AND PROCESSING [2015]
IRS NUMBER: 710225165
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0929
BUSINESS ADDRESS:
STREET 1: 2200 DON TYSON PARKWAY
CITY: SPRINGDALE
STATE: AR
ZIP: 72762-6999
BUSINESS PHONE: 479-290-4000
MAIL ADDRESS:
STREET 1: P O BOX 2020
STREET 2: P O BOX 2020
CITY: SPRINGDALE
STATE: AR
ZIP: 72765-2020
4
1
wf-form4_151130070921929.xml
FORM 4
X0306
4
2017-09-19
0
0000100493
TYSON FOODS INC
TSN
0001497610
Oleksiuk Mary
400 S. JEFFERSON STREET
CHICAGO
IL
60607
0
1
0
0
Chief HR Officer
Class A Common Stock
2017-09-19
4
J
0
488.861
0
A
46626.1997
D
Class A Common Stock
2017-11-16
4
J
0
906.1146
0
A
1554.308
I
Employee Stock Purchase Plan
Class A Common Stock
2017-11-17
4
M
0
11818.057
0
A
58444.2567
D
Class A Common Stock
2017-11-17
4
F
0
4652
0
D
53792.2567
D
Class A Common Stock
2017-11-17
4
F
0
1467
0
D
52325.2567
D
Class A Common Stock
2017-11-17
4
A
0
5167.035
0
A
57492.2917
D
Performance Shares
2017-11-17
4
M
0
13249
0
D
Class A Common Stock
13249.0
0
D
Non-Qualified Stock Options (Right to Buy)
77.97
2017-11-17
4
A
0
22100
77.97
A
2018-11-17
2027-11-17
Class A Common Stock
22100.0
22100
D
Performance Shares
2017-11-21
4
A
0
20668.142
A
Class A Common Stock
20668.142
20668.142
D
Represents 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.
Includes 4,281.4857 shares of Class A Common Stock which vested as described in footnote 6; 10,239.916 shares of Class A Common Stock which vest on the fourth business day following the filing of the Issuer's Annual Report on Form 10-K for its 2018 fiscal year if the performance metrics described in the applicable Stock Incentive Agreement are achieved; 7,354.251 shares of Class A Common Stock which vest on November 18, 2019 if the performance metrics described in the applicable Stock Incentive Agreement are achieved; and 24,750.547 shares of Class A Common Stock which vest on February 15, 2020 if the performance metrics described in the applicable Stock Incentive Agreement are achieved.
Represents shares of the Issuer's Class A Common Stock purchased for the Reporting Person's account under the Issuer's Employee Stock Purchase 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 16b-3.
On November 21, 2014 the Reporting Person received a grant of 13,249 performance shares which vested (in whole or in part) or expired on November 17, 2017 subject to the achievement of performance criteria in the applicable Stock Incentive Agreement. The performance criteria were (a) a cumulative adjusted earnings before interest and taxes (EBIT) target of $8,704 million for the 2015-2017 fiscal years and (b) a favorable comparison of the Issuer's Class A common stock price relative to the stock prices of a predetermined peer group of publicly traded companies over the 2015-2017 fiscal years. The performance shares could vest at a level of 50%-200% and were previously reported as derivative securities at the 200% level. On November 17, 2017, 11,818.057 shares vested and are reported herein as acquired non-derivatives securities and 1,430.943 share expired.
Pursuant to an election made by the Reporting Person, 10,311 shares were sold by the Reporting Person to the Issuer on November 17, 2017, to satisfy tax withholding obligations related to the vesting described in footnote 6.
On November 17, 2017, 4,281.4857 shares of restricted Class A Common Stock vested. These shares were previously reported as beneficially owned by the Reporting Person. Pursuant to an election made by the Reporting Person, 1,467 shares were sold by the Reporting Person to the Issuer on November 17, 2017, to satisfy tax withholding obligations.
Award of Class A Common Stock which vests on November 13, 2020 if the performance metric described in the applicable Stock Incentive Agreement (the Incentive Agreement) are achieved and the Reporting Person is employed by the Issuer on the vesting date. The performance metrics are achievement of a three year (fiscal 2018-2020) cumulative EBIT target as set forth in the Incentive Agreement. If the performance metric is not achieved, the award expires.
Includes 10,239.916 shares of Class A Common Stock which vest on the fourth business day following the filing of the Issuer's Annual Report on Form 10-K for its 2018 fiscal year if the performance metrics described in the applicable Stock Incentive Agreement are achieved; 7,354.251 shares of Class A Common Stock which vest on November 18, 2019 if the performance metrics described in the applicable Stock Incentive Agreement are achieved; 24,750.547 shares of Class A Common Stock which vest on February 15, 2020 if the performance metrics described in the applicable Stock Incentive Agreement are achieved; and 5,167.035 shares of Class A Common Stock which vest on November 13, 2020 if the performance metrics described in the applicable Stock Incentive Agreement are achieved.
The stock options vest at 33 1/3% on each of the first, second, and third anniversary dates of the grant.
Award of performance Class A Common Stock which vests on November 13, 2020 if the performance metrics described in the applicable Stock Incentive Agreement are achieved. The performance criteria set forth in the Stock Incentive Agreement are (1) achievement of a three year (fiscal 2018-2020) cumulative EBIT 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 2018-2020 ) period. Subject to the achievement of the performance criteria, the performance shares could vest at a level of 50 percent to 200 percent and are reported as derivative securities at the 200 percent level. If neither of the performance criteria is achieved, the award expires.
/s/ R. Read Hudson by Power of Attorney for Mary Oleksiuk
2017-11-21