0000100493-15-000129.txt : 20151202 0000100493-15-000129.hdr.sgml : 20151202 20151202141516 ACCESSION NUMBER: 0000100493-15-000129 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20151130 FILED AS OF DATE: 20151202 DATE AS OF CHANGE: 20151202 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: TYSON FOODS INC CENTRAL INDEX KEY: 0000100493 STANDARD INDUSTRIAL CLASSIFICATION: POULTRY SLAUGHTERING AND PROCESSING [2015] IRS NUMBER: 710225165 STATE OF INCORPORATION: DE FISCAL YEAR END: 0929 BUSINESS ADDRESS: STREET 1: 2200 DON TYSON PARKWAY CITY: SPRINGDALE STATE: AR ZIP: 72762-6999 BUSINESS PHONE: 479-290-4000 MAIL ADDRESS: STREET 1: P O BOX 2020 STREET 2: P O BOX 2020 CITY: SPRINGDALE STATE: AR ZIP: 72765-2020 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Carper Howell P CENTRAL INDEX KEY: 0001592292 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-14704 FILM NUMBER: 151264313 MAIL ADDRESS: STREET 1: 2200 DON TYSON PARKWAY CITY: SPRINGDALE STATE: AR ZIP: 72762 4 1 wf-form4_144908370524939.xml FORM 4 X0306 4 2015-11-30 0 0000100493 TYSON FOODS INC TSN 0001592292 Carper Howell P 2200 DON TYSON PARKWAY SPRINGDALE AR 72762 0 1 0 0 EVP Strategy and New Ventures Class A Common Stock 2015-11-30 4 M 0 22226.447 0 A 163081.3915 D Class A Common Stock 2015-11-30 4 S 0 10859 50 D 152222.3915 D Class A Common Stock 2015-11-30 4 A 0 8432.475 0 A 160654.8665 D Class A Common Stock 5986.5086 I Employee Stock Purchase Plan Performance Shares 2015-11-30 4 M 0 23347 0 D Class A Common Stock 23347.0 0 D Performance Shares 2015-11-30 4 A 0 33729.90 A Class A Common Stock 33729.9 33729.90 D Non-Qualified Stock Options (Right to Buy) 50.0 2015-11-30 4 A 0 36759 50 A 2016-11-30 2025-11-30 Class A Common Stock 36759.0 36759 D On November 26, 2012 the Reporting Person received a grant of performance shares which vested or expired on November 30, 2015 subject to the achievement of performance criteria in the applicable Stock Incentive Agreement. The performance criteria were (a) a cumulative adjusted earnings before interest and taxes (EBIT) target of $3,844 million for the 2013-2015 fiscal years and (b) a favorable comparison of the Issuer's Class A common stock price relative to the stock prices of a predetermined peer group of publicly traded companies over the 2013-2015 fiscal years. The performance shares could vest at a level of 50%-200% and were previously reported as derivative securities at the 200% level. On November 30, 2015, 22,226.447 shares vested and are reported herein as acquired non-derivatives securities. Includes 9,278.9249 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 criterion described in the applicable Stock Incentive Agreement is achieved; and 7,766.0196 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 criterion described in the applicable Stock Incentive Agreement is achieved. Pursuant to an election made by the Reporting Person, these shares were sold by the Reporting Person to the Issuer on November 30, 2015, to satisfy tax withholding obligations related to the vesting described in footnote 2. Award of Class A Common Stock which vests 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 criterion described in the applicable Stock Incentive Agreement is achieved. The performance criterion is achievement of a three year (fiscal 2016-2018) cumulative EBIT target as set forth in the Stock Incentive Agreement. If the performance criterion is not achieved, the award expires. Award of performance Class A Common Stock which vests 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. The performance criteria set forth in the Stock Incentive Agreement are (1) achievement of a three year (fiscal 2016-2018) cumulative EBIT target and (2) a favorable comparison of the market price of the Issuer's Class A Common Stock to a predetermined peer group of publicly traded companies over a three year (fiscal 2016-2018) period. Subject to the achievement of the performance criteria, the performance shares could vest at a level of 50%-200% and are reported as derivative securities at the 200% level. If neither of the performance criteria is achieved, the award expires. The stock options vest at 33 1/3% on each of the first, second, and third anniversary dates of the grant. /s/ Howell P. Carper 2015-12-02