Initial Statement of Beneficial Ownership (3)
February 10 2020 - 4:51PM
Edgar (US Regulatory)
FORM 3
|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
|
OMB APPROVAL
OMB Number:
3235-0104
Estimated average burden hours per response...
0.5
|
|
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
|
|
1. Name and Address of Reporting Person
*
Langholz Christopher Lynn |
2. Date of Event Requiring Statement (MM/DD/YYYY)
2/5/2020
|
3. Issuer Name and Ticker or Trading Symbol
TYSON FOODS, INC. [TSN]
|
(Last)
(First)
(Middle)
2200 W. DON TYSON PARKWAY |
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)
_____ Director _____ 10% Owner ___X___ Officer (give title below) _____ Other (specify below) President International / |
(Street)
SPRINGDALE, AR 72762
(City)
(State)
(Zip)
| 5. If Amendment, Date Original Filed(MM/DD/YYYY)
| 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
|
Table I - Non-Derivative Securities Beneficially Owned
|
1.Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Class A Common Stock | 65603.276 (1) | D | |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
|
1. Title of Derivate Security (Instr. 4) | 2. Date Exercisable and Expiration Date (MM/DD/YYYY) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) |
Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Performance Shares | (2) | (2) | Class A Common Stock | 16670.372 | (2) | D | |
Non-Qualified Stock Options (Right to Buy) | 11/18/2020 | 11/18/2029 | Class A Common Stock | 22375.0 (3) | $89.98 | D | |
Explanation of Responses: |
(1) | Includes 61,415.833 shares of Class A Common Stock, 20% of which vest on November 18, 2020 and the balance on November 18, 2021 if the performance metrics described in the applicable Stock Incentive Agreement ("SIA") are achieved, and 4,187.443 shares of Class A Common Stock which vest on November 18, 2022 if the performance metric described in the applicable SIA is achieved. |
(2) | Award of performance Class A Common Stock which vests on November 18, 2022 if the performance metrics described in the applicable SIA are achieved. The performance metrics set forth in the SIA are (1) achievement of a three year (fiscal 2020-2022) cumulative operating income target and (2) a favorable comparison of the relative total shareholder return of the Issuer's Class A Common Stock compared to a predetermined peer group of publicly traded companies over a three year (fiscal 2020-2022) period. Subject to the achievement of the performance metrics, the performance shares could vest at a level of 50 to 200 percent and are reported as derivative securities at the 200 percent level. If neither of the performance metrics are achieved, the award expires. |
(3) | These options vest in equal annual increments on each of the first, second and third anniversary dates of the grant. |
Reporting Owners
|
Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Langholz Christopher Lynn 2200 W. DON TYSON PARKWAY SPRINGDALE, AR 72762 |
|
| President International |
|
Signatures
|
/s/ R. Read Hudson by Power of Attorney for Christopher Lynn Langholz | | 2/10/2020 |
**Signature of Reporting Person | Date |
Tyson Foods (NYSE:TSN)
Historical Stock Chart
From Aug 2024 to Sep 2024
Tyson Foods (NYSE:TSN)
Historical Stock Chart
From Sep 2023 to Sep 2024