SEC Form 4 · accession 0000100493-16-000203
TYSON FOODS, INC. · TSN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David L Van Bebber
Officer — EVP & General Counsel
Period of report
Dec 16, 2015
Accepted (ET)
Mar 28, 2016 · 4:54 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000100493
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | Dec 16, 2015 | G | 3,000 | $0.00 | D | 171,997 | D | |
| Class A Common StockF1 | Dec 17, 2015 | G | 1,000 | $0.00 | D | 170,997 | D | |
| Class A Common StockF1 | Jan 6, 2016 | G | 750 | $0.00 | D | 170,247 | D | |
| Class A Common StockF3 | Mar 15, 2016 | J | 124 | $0.00 | A | 170,371 | D | |
| Class A Common Stock | Mar 24, 2016 | J | 417 | $0.00 | A | 2,866 | I | Employee Stock Purchase Plan |
| Class A Common StockF3 | Mar 24, 2016 | M | 10,000 | $4.90 | A | 180,371 | D | |
| Class A Common StockF5,F3 | Mar 24, 2016 | S | 10,000 | $67.207 | D | 170,371 | D | |
| Class A Common StockF3 | Mar 24, 2016 | M | 10,000 | $12.02 | A | 180,371 | D | |
| Class A Common StockF6,F3 | Mar 24, 2016 | S | 10,000 | $67.174 | D | 170,371 | D | |
| Class A Common StockF3 | Mar 24, 2016 | M | 10,000 | $16.19 | A | 180,371 | D | |
| Class A Common StockF7,F3 | Mar 24, 2016 | S | 10,000 | $67.141 | D | 170,371 | D | |
| Class A Common StockF3 | Mar 24, 2016 | M | 10,000 | $19.63 | A | 180,371 | D | |
| Class A Common StockF8,F3 | Mar 24, 2016 | S | 10,000 | $66.961 | D | 170,371 | D | |
| Class A Common StockF3 | Mar 24, 2016 | M | 15,800 | $19.36 | A | 186,171 | D | |
| Class A Common StockF9,F3 | Mar 24, 2016 | S | 15,800 | $66.847 | D | 170,371 | D | |
| Class A Common StockF3 | Mar 24, 2016 | M | 19,667 | $31.82 | A | 190,038 | D | |
| Class A Common StockF10,F3 | Mar 24, 2016 | S | 19,667 | $66.743 | D | 170,371 | D | |
| Class A Common Stock | holding | — | — | — | 1,150 | I | By Son |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Options (Right to Buy) | $4.90 | Mar 24, 2016 | M | 10,000 | D | Nov 14, 2010 | Nov 14, 2018 | Class A Common Stock | 10,000 | 10,000 | D |
| Non-Qualified Stock Options (Right to Buy) | $12.02 | Mar 24, 2016 | M | 10,000 | D | Nov 30, 2010 | Nov 30, 2019 | Class A Common Stock | 10,000 | 10,000 | D |
| Non-Qualified Stock Options (Right to Buy) | $16.19 | Mar 24, 2016 | M | 10,000 | D | Nov 29, 2011 | Nov 29, 2020 | Class A Common Stock | 10,000 | 10,000 | D |
| Non-Qualified Stock Options (Right to Buy) | $19.63 | Mar 24, 2016 | M | 10,000 | D | Nov 28, 2012 | Nov 28, 2021 | Class A Common Stock | 10,000 | 10,000 | D |
| Non-Qualified Stock Options (Right to Buy) | $19.36 | Mar 24, 2016 | M | 15,800 | D | Nov 26, 2013 | Nov 26, 2022 | Class A Common Stock | 15,800 | 30,000 | D |
| Non-Qualified Stock Options (Right to Buy) | $31.82 | Mar 24, 2016 | M | 19,667 | D | Nov 22, 2014 | Nov 22, 2023 | Class A Common Stock | 19,667 | 54,833 | D |
Explanation of responses
- F1Includes 9,304.909 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 2016 fiscal year if the performance metrics described in the applicable Stock Incentive Agreement are achieved; Includes 6,949.233 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 2017 fiscal year if the performance metrics described in the applicable Stock Incentive Agreement are achieved; and, includes 8,456.088 shares of Class A Common Stock which vest on December 1, 2018 if the performance metrics described in the applicable Stock Incentive Agreement are achieved.
- F10This is a weighted average price. These shares were sold in multiple transactions on March 24, 2016 at prices ranging from $66.70 to $66.82, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this range.
- F2Represents 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.
- F3Includes 9,325.7619 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 2016 fiscal year if the performance metrics described in the applicable Stock Incentive Agreement are achieved; Includes 6,964.8073 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 2017 fiscal year if the performance metrics described in the applicable Stock Incentive Agreement are achieved; and, includes 8,475.039 shares of Class A Common Stock which vest on December 1, 2018 if the performance metrics described in the applicable Stock Incentive Agreement are achieved.
- F4Represents 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.
- F5This is a weighted average price. These shares were sold in multiple transactions on March 24, 2016 at prices ranging from $66.92 to $67.46, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this range.
- F6This is a weighted average price. These shares were sold in multiple transactions on March 24, 2016 at prices ranging from $66.93 to $67.31, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this range.
- F7This is a weighted average price. These shares were sold in multiple transactions on March 24, 2016 at prices ranging from $67.06 to $67.25, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this range.
- F8This is a weighted average price. These shares were sold in multiple transactions on March 24, 2016 at prices ranging from $66.80 to $67.12, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this range.
- F9This is a weighted average price. These shares were sold in multiple transactions on March 24, 2016 at prices ranging from $66.79 to $66.93, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this range.