Tyson John R. sold TSN
November 19, 2024 · Form 4 insider transaction
Tyson John R. sold 9,201.325 shares of Tyson Foods, Inc., a transaction worth N/A. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 2 days after the transaction.
Footnotes
On November 19, 2024, the Reporting Person's grant of performance shares expired without any shares vesting. On November 19, 2021, the Reporting Person received a grant of performance shares, subject to the achievement of performance criteria in the applicable Stock Incentive Agreement. The performance criteria were (a) a cumulative operating income target of $11.9 billion for the 2022-2024 fiscal years and, (b) a favorable comparison of the relative shareholder return of the Issuer's Class A Common Stock compared to a predetermined peer group of publicly traded companies over the 2022-2024 fiscal years, and (c) a cumulative return on invested capital of 11.5% for the 2022-2024 fiscal years. The performance shares could have vested at a level of up to 200 percent per performance criteria and were previously reported in the aggregate as derivative securities at the 200 percent level.