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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Non-Qualified Stock Options (right to buy) | $ 12.64 | 12/15/2009 | M | 4,500 | (1) | 01/31/2010 | Class A Common Stock | 4,500 | $ 12.64 | 15,500 | D | ||||
Non-Qualified Stock Options (right to buy) | $ 12.6 | 12/15/2009 | M | 4,265 | (1) | 01/31/2010 | Class A Common Stock | 4,265 | $ 12.6 | 11,235 | D | ||||
Non-Qualified Stock Options (right to buy) | $ 12.58 | 12/15/2009 | M | 10,935 | (1) | 01/31/2010 | Class A Common Stock | 10,935 | $ 12.58 | 300 | D | ||||
Non-Qualified Stock Options (right to buy) | $ 12.59 | 12/15/2009 | M | 300 | (1) | 01/31/2010 | Class A Common Stock | 300 | $ 12.59 | 0 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Lochner James V 2200 DON TYSON PARKWAY SPRINGDALE, AR 72762 |
Chief Operating Officer |
/s/ R. Read Hudson by Power of Attorney for James V. Lochner | 12/17/2009 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Pursuant to the Agreement and Plan or Merger dated January 1, 2001 by and among Issuer, Lasso Acquisition Corporation ("Lasso"), a wholly owned subsidiary of Issuer, and IBP, inc. ("IBP"), all options granted by IBP and outstanding on September 28, 2001 (the date IBP merged with Lasso) converted into options to buy Isser Class A common stock at a predetermined exchange rate. |
(2) | Represents 37 shares of the Issuer's restricted Class A Common Stock acquired by the Reporting Person pursuant to a dividend reinvestment feature under the Tyson Foods, Inc. 2000 Stock Incentive Plan since the last statement of changes in Beneficial Ownership was filed by the Reporting Person. Such acqusition is exempt from Section 16 reporting requirements pursuant to Rule 16a-11. |
(3) | On December 16, 2009, the Issuer entered into a new employment agreement (the "Agreement") with the Reporting Person. In connection with the Agreement, 9,771 previously reported shares of restricted Class A Common Stock vested on December 16, 2009 and 1,991 shares were cancelled. |
(4) | On December 16, 2009, pursuant to an election previously made by the Reporting Person, 3,562 shares were sold by the Reporting Person to the Issuer to satisfy tax withholding obligations related to the vesting described above in note 3. |
(5) | Award of restricted Class A Common Stock pursuant to Tyson Foods, Inc. 2000 Stock Incentive Plan to vest on December 16, 2012, pursuant to the Agreement. |