Langholz Christopher Lynn's Form 4 filing
Tyson Foods, Inc. (TSN) · filed Nov 23, 2021
- Accession no.
- 0000100493-21-000145
- Filed
- Nov 23, 2021
- Trade date
- Nov 19-23, 2021
- Filing delay
- 4 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 3 non-derivative transactions and 2 derivative transactions. Open-market sales total $499.2K. It was filed 4 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Langholz Christopher LynnCIK 0001802505 | Officer (President International) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Nov 19, 2021 | Class A Common Stock | AGrant or awardAcquired | +6,134.22 | $0.00 | $0 | 63,206.12 | Direct | |
| Nov 20, 2021 | Class A Common Stock | FTax withholdingDisposed | −1,244 | $81.51 | −$101,398.44 | 61,962.12 | Direct | |
| Nov 23, 2021 | Class A Common Stock | SSaleDisposed | −6,014 | $83.00 | −$499,162 | 55,948.12 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Nov 19, 2021 | Class A Common Stock | AGrant or awardAcquired | +24,536.87 | –F3 | – | 24,536.87 | Direct | |
| Nov 19, 2021 | Class A Common Stock | AGrant or awardAcquired | +30,249 | $0.00 | $0 | 30,249 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F3
Award of performance Class A Common Stock which vests on November 19, 2024 if the performance metrics described in the applicable Stock Incentive Agreement (the "SIA") are achieved. The performance metrics set forth in the SIAs are: (1) achievement of a three year (fiscal 2022-2024) 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 2022-2024) period; and (3) achievement of a three year (fiscal 2022-2024) average return on invested capital target. 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 none of the performance metrics are achieved, the award expires.
Referenced by the price of 1 transaction in Table II.