SEC Form 4 · accession 0000100493-17-000179
TYSON FOODS, INC. · TSN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dennis Leatherby
Officer — Chief Financial Officer
Period of report
Nov 29, 2017
Accepted (ET)
Dec 1, 2017 · 1:46 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 StockF1 | Nov 29, 2017 | M | 10,508 | $58.34 | A | 162,920 | D | |
| Class A Common StockF2,F1 | Nov 29, 2017 | S | 10,508 | $82.056 | D | 152,412 | D | |
| Class A Common StockF1 | Nov 29, 2017 | M | 12,254 | $50.00 | A | 164,666 | D | |
| Class A Common StockF3,F1 | Nov 29, 2017 | S | 12,254 | $82.058 | D | 152,412 | D | |
| Class A Common StockF1 | Nov 29, 2017 | M | 80,278 | $42.26 | A | 232,690 | D | |
| Class A Common StockF4,F1 | Nov 29, 2017 | S | 80,278 | $82.073 | D | 152,412 | D | |
| Class A Common Stock | Nov 30, 2017 | J | 41 | $0.00 | A | 1,811 | I | Employee Stock Purchase Plan |
| Class A Common StockF1 | Nov 30, 2017 | M | 12,253 | $50.00 | A | 164,665 | D | |
| Class A Common StockF6,F1 | Nov 30, 2017 | S | 12,253 | $82.247 | D | 152,412 | 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) | $58.34 | Nov 29, 2017 | M | 10,508 | D | Nov 28, 2017 | Nov 28, 2026 | Class A Common Stock | 10,508 | 21,014 | D |
| Non-Qualified Stock Options (Right to Buy) | $50.00 | Nov 29, 2017 | M | 12,254 | D | Nov 30, 2016 | Nov 30, 2025 | Class A Common Stock | 12,254 | 24,505 | D |
| Non-Qualified Stock Options (Right to Buy) | $42.26 | Nov 29, 2017 | M | 80,278 | D | Nov 21, 2015 | Nov 21, 2024 | Class A Common Stock | 80,278 | 0 | D |
| Non-Qualified Stock Options (Right to Buy) | $50.00 | Nov 30, 2017 | M | 12,253 | D | Nov 30, 2016 | Nov 30, 2025 | Class A Common Stock | 12,253 | 12,252 | D |
Explanation of responses
- F1Includes 8,634.783 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 2018 fiscal year if the performance metrics described in the applicable Stock Incentive Agreement are achieved and 7,354.251 shares of Class A Common Stock which vest on November 18, 2019 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 November 29, 2017 at prices ranging from $81.91 to $82.29, 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.
- F3This is a weighted average price. These shares were sold in multiple transactions on November 29, 2017 at prices ranging from $81.92 to $82.29, 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.
- F4This is a weighted average price. These shares were sold in multiple transactions on November 29, 2017 at prices ranging from $81.92 to $82.38, 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.
- 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.
- F6This is a weighted average price. These shares were sold in multiple transactions on November 30, 2017 at prices ranging from $81.76 to $82.70, 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.