SEC Form 4 · accession 0000100493-16-000248
TYSON FOODS, INC. · TSN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Donald Smith
Officer — President & CEO
Period of report
Jun 20, 2016
Accepted (ET)
Aug 17, 2016 · 3:22 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 StockF2 | Jun 20, 2016 | J | 428 | $0.00 | A | 215,071 | D | |
| Class A Common Stock | Aug 11, 2016 | J | 1,022 | $0.00 | A | 2,743 | I | Employee Stock Purchase Plan |
| Class A Common StockF2 | Aug 15, 2016 | M | 35,206 | $15.06 | A | 250,277 | D | |
| Class A Common StockF4,F2 | Aug 15, 2016 | S | 35,206 | $75.202 | D | 215,071 | D | |
| Class A Common StockF2 | Aug 15, 2016 | M | 2,800 | $4.90 | A | 217,871 | D | |
| Class A Common StockF5,F2 | Aug 15, 2016 | S | 2,800 | $75.201 | D | 215,071 | D |
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) | $15.06 | Jun 20, 2016 | M | 35,206 | D | Nov 16, 2009 | Nov 16, 2017 | Class A Common Stock | 35,206 | 4,794 | D |
| Non-Qualified Stock Options (Right to Buy) | $4.90 | Aug 15, 2016 | M | 2,800 | D | Nov 14, 2010 | Nov 14, 2018 | Class A Common Stock | 2,800 | 37,200 | D |
Explanation of responses
- F1Represents 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.
- F2Includes 32,237.717 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 27,085.075 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 31,490.831 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 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.
- F4This is a weighted average price. These shares were sold in multiple transactions on August 15, 2016 at prices ranging from $75.20 to $75.22, 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.
- F5This is a weighted average price. These shares were sold in multiple transactions on August 15, 2016 at prices ranging from $75.20 to $75.20, 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.