SEC Form 4 · accession 0000100493-17-000055

TYSON FOODS, INC. · TSN

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Noel W White

Officer — Chief Operations Officer

Period of report

Feb 23, 2017

Accepted (ET)

Mar 1, 2017 · 5:18 pm EST

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	Feb 23, 2017	J	64	$0.00	A	11,206	I	Employee Stock Purchase Plan
Class A Common Stock^F2	Feb 28, 2017	M	37,466	$31.82	A	180,635	D
Class A Common Stock^F3,F2	Feb 28, 2017	S	37,466	$62.446	D	143,169	D
Class A Common Stock^F2	Feb 28, 2017	M	79,212	$42.26	A	222,381	D
Class A Common Stock^F3,F2	Feb 28, 2017	S	79,212	$62.44	D	143,169	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)	$31.82	Feb 28, 2017	M	37,466	D	Nov 22, 2014	Nov 22, 2023	Class A Common Stock	37,466	0	D
Non-Qualified Stock Options (Right to Buy)	$42.26	Feb 28, 2017	M	79,212	D	Nov 21, 2015	Nov 21, 2024	Class A Common Stock	79,212	39,605	D

Explanation of responses

F1Represents 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.
F2Includes 11,197.8685 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 ("SIA") are achieved; 23,656.8132 shares of Class A Common Stock which vest on July 1, 2018 if the performance metrics described in the applicable SIA are achieved and the Reporting Person is employed by Issuer on the vesting date; 12,697.226 shares of Class A Common Stock which vest on December 1, 2018 if the performance metrics described in the applicable SIA are achieved; 10,978.85 shares of Class A Common Stock which vest on November 18, 2019 if the performance metrics described in the applicable SIA are achieved; and 2,571.56 shares of Class A Common Stock which vest on February 14, 2020 if the performance metrics described in the applicable SIA are achieved.
F3This is a weighted average price. These shares were sold in multiple transactions on February 28, 2017 at prices ranging from $62.30 to $62.60, 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.