0000100493-20-000162.txt : 20201124
0000100493-20-000162.hdr.sgml : 20201124
20201124162353
ACCESSION NUMBER: 0000100493-20-000162
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200915
FILED AS OF DATE: 20201124
DATE AS OF CHANGE: 20201124
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Ramsey Douglas Wayne
CENTRAL INDEX KEY: 0001703544
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-14704
FILM NUMBER: 201344468
MAIL ADDRESS:
STREET 1: 2685 N. FIREWOOD
CITY: FAYETTEVILLE
STATE: AR
ZIP: 72703
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: 1003
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
FORMER COMPANY:
FORMER CONFORMED NAME: TYSON FOODS INC
DATE OF NAME CHANGE: 19920703
4
1
wf-form4_160625301448475.xml
FORM 4
X0306
4
2020-09-15
0
0000100493
TYSON FOODS, INC.
TSN
0001703544
Ramsey Douglas Wayne
2200 W DON TYSON PARKWAY
SPRINGDALE
AR
72762
0
1
0
0
Group President McDonalds
Class A Common Stock
2020-09-15
4
J
0
1.3656
0
A
102.3686
I
Employee Stock Purchase Plan
Class A Common Stock
2020-09-16
4
J
0
240.47
0
A
28491.767
D
Class A Common Stock
2020-11-20
4
F
0
2689
60.74
D
25802.767
D
Class A Common Stock
2020-11-20
4
M
0
3384.955
0
A
29187.722
D
Class A Common Stock
2020-11-20
4
F
0
1566
60.74
D
27621.722
D
Class A Common Stock
2020-11-20
4
A
0
6297.333
0
A
33919.055
D
Class A Common Stock
2020-11-20
4
A
0
7820.217
0
A
41739.272
D
Performance Shares
2020-11-20
4
M
0
21803.258
0
D
Class A Common Stock
21803.258
0
D
Performance Shares
2020-11-20
4
A
0
25189.332
A
Class A Common Stock
25189.332
25189.332
D
Non-Qualified Stock Options (Right to Buy)
60.74
2020-11-20
4
A
0
32116
0
A
2021-11-20
2030-11-20
Class A Common Stock
32116.0
32116
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.
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 5,811.96 shares of Class A Common Stock which vested on November 20, 2020; 7,941.657 shares of Class A Common Stock which vest on November 29, 2021 if the performance metric described in the applicable Stock Incentive Agreement ("SIA") is achieved and 4,363.783 shares of Class A Common Stock which vest on November 18, 2022 if the performance metric described in the applicable SIA is achieved.
On November 20, 2020, 5,811.96 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, 2,689 shares were sold by the Reporting Person to the Issuer to satisfy tax withholding obligations.
Includes 7,941.657 shares of Class A Common Stock which vest on November 29, 2021 if the performance metric described in the applicable SIA is achieved and 4,363.783 shares of Class A Common Stock which vest on November 18, 2022 if the performance metric described in the applicable SIA is achieved.
On November 17, 2017 the Reporting Person received a grant of 21,803.258 performance shares which vested or expired on November 20, 2020 subject to the achievement of performance criteria in the applicable SIA. The performance criteria were (a) a cumulative operating income target of $11,326 million for the 2018-2020 fiscal years and (b) a favorable comparison of the relative shareholder return of the Issuer's Class A Common Stock compared to a predetermined peer group of publicly traded companies over the 2018-2020 fiscal years. The performance shares could vest at a level of 50%-200% per performance criteria and were previously reported in the aggregate as derivative securities at the 200% level. On November 20, 2020, 3,384.955 shares vested and are reported herein as acquired non-derivatives securities and the remainder of the award expired.
Pursuant to an election made by the Reporting Person, these shares were sold by the Reporting Person to the Issuer on November 20, 2020, to satisfy tax withholding obligations related to the vesting described in footnote 6.
Restricted Stock award of Class A Common Stock which vests on November 20, 2023.
Includes 7,941.657 shares of Class A Common Stock which vest on November 29, 2021 if the performance metric described in the applicable SIA is achieved; 4,363.783 shares of Class A Common Stock which vest on November 18, 2022 if the performance metric described in the applicable SIA is achieved and 6,297.333 shares of Class A Common Stock which vest on November 20, 2023.
Award of restricted stock units ("RSUs") which vest in equal annual increments on each of the first and second anniversary dates of the grant and become fully vested after two years. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
Includes 7,941.657 shares of Class A Common Stock which vest on November 29, 2021 if the performance metric described in the applicable SIA is achieved; 4,363.783 shares of Class A Common Stock which vest on November 18, 2022 if the performance metric described in the applicable SIA is achieved; 7,820.217 RSUs which vest in equal annual installments on each of the first and second anniversary dates of the grant and become fully vested on November 20, 2022 and 6,297.333 shares of Class A Common Stock which vest on November 20, 2023.
A portion of these performance shares vested as described in footnote 6. The remainder of the award expired.
Award of performance Class A Common Stock which vests on November 20, 2023 if the performance metrics described in the applicable Stock Incentive Agreement (the "SIA") are achieved. The performance metrics set forth in the SIA are (1) achievement of a three year (fiscal 2021-2023) 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 2021-2023) 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 neither of the performance metrics are achieved, the award expires.
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.
/s/ R. Read Hudson as Power of Attorney for Douglas W. Ramsey
2020-11-24