SEC Form 4 · accession 0000100493-16-000245
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
May 4, 2016
Accepted (ET)
Aug 15, 2016 · 5:17 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 Stock | May 4, 2016 | J | 2,813 | $0.00 | D | 53 | I | Employee Stock Purchase Plan |
| Class A Common StockF2 | May 4, 2016 | J | 2,813 | $0.00 | A | 173,184 | D | |
| Class A Common StockF4 | Jun 20, 2016 | J | 62 | $0.00 | A | 173,246 | D | |
| Class A Common Stock | Aug 11, 2016 | J | 386 | $0.00 | A | 439 | I | Employee Stock Purchase Plan |
| Class A Common StockF4 | Aug 12, 2016 | M | 7,500 | $4.90 | A | 180,746 | D | |
| Class A Common StockF4 | Aug 12, 2016 | M | 7,500 | $12.02 | A | 188,246 | D | |
| Class A Common StockF4 | Aug 12, 2016 | M | 7,500 | $16.19 | A | 195,746 | D | |
| Class A Common StockF4 | Aug 12, 2016 | M | 7,500 | $19.63 | A | 203,246 | D | |
| Class A Common StockF4 | Aug 12, 2016 | M | 20,000 | $19.36 | A | 223,246 | D | |
| Class A Common StockF4 | Aug 12, 2016 | M | 20,000 | $31.82 | A | 243,246 | D | |
| Class A Common StockF4 | Aug 12, 2016 | S | 70,000 | $75.00 | D | 173,246 | 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 | Aug 12, 2016 | M | 7,500 | D | Nov 14, 2010 | Nov 14, 2018 | Class A Common Stock | 7,500 | 2,500 | D |
| Non-Qualified Stock Options (Right to Buy) | $12.02 | Aug 12, 2016 | M | 7,500 | D | Nov 30, 2010 | Nov 30, 2019 | Class A Common Stock | 7,500 | 2,500 | D |
| Non-Qualified Stock Options (Right to Buy) | $16.19 | Aug 12, 2016 | M | 7,500 | D | Nov 29, 2011 | Nov 29, 2020 | Class A Common Stock | 7,500 | 2,500 | D |
| Non-Qualified Stock Options (Right to Buy) | $19.63 | Aug 12, 2016 | M | 7,500 | D | Nov 28, 2012 | Nov 28, 2021 | Class A Common Stock | 7,500 | 2,500 | D |
| Non-Qualified Stock Options (Right to Buy) | $19.36 | Aug 12, 2016 | M | 20,000 | D | Nov 26, 2013 | Nov 26, 2022 | Class A Common Stock | 20,000 | 10,000 | D |
| Non-Qualified Stock Options (Right to Buy) | $31.82 | Aug 12, 2016 | M | 20,000 | D | Nov 22, 2014 | Nov 22, 2023 | Class A Common Stock | 20,000 | 34,833 | D |
Explanation of responses
- F1The Reporting Person transferred shares from his Employee Stock Purchase Plan account into his personal stock account thereby changing the ownership of the Class A Common Stock from indirect to direct.
- F2Includes 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.
- F3Represents 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.
- F4Includes 9,348.9379 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 6,982.1163 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 8,496.1010 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.
- F5Represents 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.