0000100493-18-000154.txt : 20181204 0000100493-18-000154.hdr.sgml : 20181204 20181204132915 ACCESSION NUMBER: 0000100493-18-000154 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20181129 FILED AS OF DATE: 20181204 DATE AS OF CHANGE: 20181204 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Grimes Sally CENTRAL INDEX KEY: 0001554533 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-14704 FILM NUMBER: 181216099 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_154394813437809.xml FORM 4 X0306 4 2018-11-29 0 0000100493 TYSON FOODS INC TSN 0001554533 Grimes Sally 2200 W DON TYSON PARKWAY SPRINGDALE AR 72762 0 1 0 0 Group Pres Prepared Foods Class A Common Stock 2018-11-29 4 J 0 65.6958 0 A 6125.5205 I Employee Stock Purchase Plan Class A Common Stock 2018-12-01 4 M 0 32087.254 0 A 110579.47 D Class A Common Stock 2018-12-01 4 F 0 14216 0 D 96363.47 D Class A Common Stock 2018-12-01 4 F 0 3890 0 D 92473.47 D Performance Shares 2018-12-01 4 M 0 33729.90 0 D Class A Common Stock 33729.9 0 D 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 30, 2015 the Reporting Person received a grant of 16,864.95 performance shares which vested or expired on December 1, 2018 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 $6,877 million for the 2016-2018 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 2016-2018 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 December 1, 2018, 32,087.254 shares vested and are reported herein as acquired non-derivatives securities and 1,642.646 shares expired. Includes 8,779.732 shares of Class A Common Stock which vested on December 1, 2018 as described in footnote 5; 7,477.704 shares of Class A Common Stock which vest on November 18, 2019 if the performance metric described in the applicable Stock Incentive Agreement ("SIA") is achieved; 6,520.371 shares of Class A Common Stock which vest on November 13, 2020 if the performance metric described in the applicable SIA is achieved; and 8,835.409 shares of Class A Common Stock which vest on November 29, 2021 if the performance metric in the applicable SIA is achieved. Pursuant to an election made by the Reporting Person, 14,216 shares were sold by the Reporting Person to the Issuer to satisfy tax withholding obligations related to the vesting described in footnote 2. On December 1, 2018, 8,779.732 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, 3,890 shares were sold by the Reporting Person to the Issuer to satisfy tax withholding obligations. Includes 7,477.704 shares of Class A Common Stock which vest on November 18, 2019 if the performance metric described in the applicable SIA is achieved; and 6,520.371 shares of Class A Common Stock which vest on November 13, 2020 if the performance metric described in the applicable SIA is achieved; and 8,835.409 shares of Class A Common Stock which vest on November 29, 2021 if the performance metric in the applicable SIA is achieved. A portion of these performance shares vested as described in footnote 2. The remainder of the award expired. /s/ R. Read Hudson by Power of Attorney for Sally Grimes 2018-12-04