0000100493-19-000166.txt : 20191219 0000100493-19-000166.hdr.sgml : 20191219 20191219135329 ACCESSION NUMBER: 0000100493-19-000166 CONFORMED SUBMISSION TYPE: 4/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190916 FILED AS OF DATE: 20191219 DATE AS OF CHANGE: 20191219 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Stouffer Stephen R CENTRAL INDEX KEY: 0001592293 FILING VALUES: FORM TYPE: 4/A SEC ACT: 1934 Act SEC FILE NUMBER: 001-14704 FILM NUMBER: 191295090 MAIL ADDRESS: STREET 1: 2200 DON TYSON PARKWAY CITY: SPRINGDALE STATE: AR ZIP: 72762 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: 0928 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 FORMER COMPANY: FORMER CONFORMED NAME: TYSON FOODS INC DATE OF NAME CHANGE: 19920703 4/A 1 wf-form4a_157678159204170.xml FORM 4/A X0306 4/A 2019-09-16 2019-11-20 0 0000100493 TYSON FOODS, INC. TSN 0001592293 Stouffer Stephen R 2200 W. DON TYSON PARKWAY SPRINGDALE AR 72762 0 1 0 0 Group President Fresh Meats Class A Common Stock 2019-09-16 4 J 0 180.651 0 A 43509.165 D Class A Common Stock 2019-11-14 4 J 0 122.8994 0 A 3432.7069 I Employee Stock Purchase Plan Class A Common Stock 2019-11-18 4 F 0 1861 0 D 41648.165 D Class A Common Stock 2019-11-18 4 M 0 15540.854 0 A 57189.019 D Class A Common Stock 2019-11-18 4 F 0 5595 0 D 51594.019 D Class A Common Stock 2019-11-18 4 A 0 5834.63 0 A 57428.649 D Performance Shares 2019-11-18 4 M 0 29003.60 0 D Class A Common Stock 29003.6 0 D Performance Shares 2019-11-18 4 A 0 23338.52 A Class A Common Stock 23338.52 23338.52 D Non-Qualified Stock Options (Right to Buy) 89.98 2019-11-18 4 A 0 31325 0 A 2020-11-18 2029-11-18 Class A Common Stock 31325.0 31325 D Represents shares of the Issuer's Class A Common Stock received by the Reporting Person pursuant to the Issuer's dividend reinvestment 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 16a-11. Includes 7,638.741 shares of Class A Common Stock which vested on November 18, 2019 as described in footnote 4; 5,366.916 shares of Class A Common Stock which vest on November 13, 2020 if the performance metric described in the applicable Stock Incentive Agreement ("SIA") is achieved; and 7,306.508 shares of Class A Common Stock which vest on November 29, 2021 if the performance metric described in the applicable SIA is achieved. Represents 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. On November 18, 2019, 7,638.741 shares of restricted Class A Common Stock vested. These shares were previously reported as beneficially owned by the Reporting Person. Pursuant to an election made by the Reporting Person, these shares were sold by the Reporting Person to the Issuer to satisfy tax withholding obligations. Includes 5,366.916 shares of Class A Common Stock which vest on November 13, 2020 if the performance metric described in the applicable SIA is achieved; and 7,306.508 shares of Class A Common Stock which vest on November 29, 2021 if the performance metric described in the applicable SIA is achieved. On November 28, 2016 the Reporting Person received a grant of 29,003.6 performance shares which vested or expired on November 18, 2019 subject to the achievement of performance criteria in the applicable SIA. The performance criteria were (a) a cumulative adjusted earnings before interest and taxes (EBIT) target of $9,365 million for the 2017-2019 fiscal years and (b) a favorable comparison of the Issuer's Class A total shareholder return relative to the total shareholder return of a predetermined peer group of publicly traded companies over the 2017-2019 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 18, 2019, 15,540.854 shares vested and are reported herein as acquired non-derivatives securities and the remainder of the award expired. Pursuant to an election made by the Reporting Person, these shares were sold by the Reporting Person to the Issuer on November 18, 2019, to satisfy tax withholding obligations related to the vesting described in footnote 6. Award of Class A Common Stock which vests on November 18, 2022 if the performance metric described in the applicable SIA is achieved. The performance metric is the achievement of a three year (fiscal 2020-2022) cumulative adjusted operating income target as set forth in the SIA. If the performance metric is not achieved, the award expires. Includes 5,366.916 shares of Class A Common Stock which vest on November 13, 2020 if the performance metric described in the applicable SIA is achieved; 7,306.508 shares of Class A Common Stock which vest on November 29, 2021 if the performance metric described in the applicable SIA is achieved and 5,834.63 shares of Class A Common Stock which vest on November 18, 2022 if the performance metric described in the applicable SIA is achieved. A portion of these performance shares vested as described in footnote 6. The remainder of the award expired. 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. The stock options vest at 33 1/3 percent on each of the first, second, and third anniversary dates of the grant. /s/ R. Read Hudson as Power of Attorney for Stephen Stouffer 2019-12-19