TYSON FOODS, INC. — Director's Dealing 2021

Mar 4, 2021

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: TYSON FOODS, INC. (TSN)
CIK: 0000100493
Period of Report: 2021-02-22

Reporting Person: Nichol Jason (Chief Customer Officer)

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	3435.756	Direct
Class A Common Stock	1400.8599	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Performance Shares	$		Class A Common Stock (2524.403)		Direct
Performance Shares	$		Class A Common Stock (1667.037)		Direct
Performance Shares	$		Class A Common Stock (2469.542)		Direct
Non-Qualified Stock Options (Right to Buy)	$89.98	2029-11-18	Class A Common Stock (4475.0)		Direct
Non-Qualified Stock Options (Right to Buy)	$60.74	2030-11-20	Class A Common Stock (6702.0)		Direct
Non-Qualified Stock Options (Right to Buy)	$77.97	2027-11-17	Class A Common Stock (4115.0)		Direct
Non-Qualified Stock Options (Right to Buy)	$58.34	2026-11-28	Class A Common Stock (1862.0)		Direct
Non-Qualified Stock Options (Right to Buy)	$59.42	2028-11-19	Class A Common Stock (6608.0)		Direct

Footnotes

F1: Includes 1,332.034 shares of Class A Common Stock which vest on November 19, 2021; 861.091 shares of Class A Common Stock which vest on November 18, 2022; and 1,242.631 shares of Class A Common Stock which vest on November 20, 2023.

F2: Award of performance Class A Common Stock which vests on November 29, 2021 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 2019-2021) 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 2019-2021) 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.

F3: 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.

F4: Award of performance Class A Common Stock which vests on November 20, 2023 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 2021-2023) 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 2021-2023) 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.