SEC Form 4 · accession 0000100493-16-000253
TYSON FOODS, INC. · TSN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dennis Leatherby
Officer — EVP & CFO
Period of report
Aug 16, 2016
Accepted (ET)
Aug 19, 2016 · 1:24 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 | Aug 16, 2016 | M | 37,900 | $19.63 | A | 180,428 | D | |
| Class A Common StockF2,F1 | Aug 16, 2016 | S | 37,900 | $74.776 | D | 142,528 | D | |
| Class A Common StockF1 | Aug 18, 2016 | M | 2,100 | $19.63 | A | 144,628 | D | |
| Class A Common StockF1 | Aug 18, 2016 | S | 2,100 | $74.75 | D | 142,528 | D | |
| Class A Common Stock | holding | — | — | — | 5,833 | I | Employee Stock Purchase Plan |
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) | $19.63 | Aug 16, 2016 | M | 37,900 | D | Nov 28, 2012 | Nov 28, 2021 | Class A Common Stock | 37,900 | 2,100 | D |
| Non-Qualified Stock Options (Right to Buy) | $19.63 | Aug 18, 2016 | M | 2,100 | D | Nov 28, 2012 | Nov 28, 2021 | Class A Common Stock | 2,100 | 0 | D |
Explanation of responses
- F1Includes 9,348.9380 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 7,523.664 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 8,496.101 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.
- F2This is a weighted average price. These shares were sold in multiple transactions on August 16, 2016 at prices ranging from $74.75 to $74.90, 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.