TYSON FOODS, INC. — Director's Dealing 2021

Dec 1, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TYSON FOODS, INC. (TSN)
CIK: 0000100493
Period of Report: 2021-11-29

Reporting Person: Thomas Phillip W (VP, Controller & CAO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-11-29	Class A Common Stock	M	828.871	—	Acquired	15421.8381	Direct
2021-11-29	Class A Common Stock	F	252	$81.34	Disposed	15169.8381	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-11-29	Performance Shares	$	M	1472.568	Disposed		Class A Common Stock (1472.568)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	1778.7194	Indirect

Footnotes

F1: On November 19, 2018 the Reporting Person received a grant of 1,472.568 performance shares which vested or expired on November 29, 2021 subject to the achievement of performance criteria in the applicable Stock Incentive Agreement. The performance criteria were (a) a cumulative operating income target of $9,986 million for the 2019-2021 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 2019-2021 fiscal years. The performance shares could vest at a level of 50%-200% per performance criteria and were previously reported in the aggregate as derivative securities at the 200% level. On November 29, 2021, 828.871 shares vested and are reported herein as acquired non-derivatives securities and the remainder of the award expired.

F2: Pursuant to the terms of the award agreement, these shares were withheld by the Issuer to satisfy tax withholding obligations related to the vesting described in footnote 1.

F3: Includes 15.8015 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.

F4: A portion of these performance shares vested as described in footnote 1. The remainder of the award expired.