TSN

SEC source: 0000100493-17-000055 · wf-form4_148840667936872.xml · nonDerivative · entry 2

White Noel W · CIK 0001340962 · Chief Operations Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 180,634.9697

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · balance_after: Includes 11,197.8685 shares of Class A Common Stock which vest on the fourth business day following the filing of the Issuer's Annual Report on Form 10-K for its 2017 fiscal year if the performance metrics described in the applicable Stock Incentive Agreement ("SIA") are achieved; 23,656.8132 shares of Class A Common Stock which vest on July 1, 2018 if the performance metrics described in the applicable SIA are achieved and the Reporting Person is employed by Issuer on the vesting date; 12,697.226 shares of Class A Common Stock which vest on December 1, 2018 if the performance metrics described in the applicable SIA are achieved; 10,978.85 shares of Class A Common Stock which vest on November 18, 2019 if the performance metrics described in the applicable SIA are achieved; and 2,571.56 shares of Class A Common Stock which vest on February 14, 2020 if the performance metrics described in the applicable SIA are achieved.

SEC source: 0000100493-17-000055 · wf-form4_148840667936872.xml · nonDerivative · entry 1

White Noel W · CIK 0001340962 · Chief Operations Officer

10b5-1 filing: Not disclosed

Ownership: Indirect · Employee Stock Purchase Plan

Disclosed balance after: 11,206.3165

F1 · kind: Represents 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.

SEC source: 0000100493-17-000047 · wf-form4_148787093275906.xml · derivative · entry 11

Stouffer Stephen R · CIK 0001592293 · President of Fresh Meats

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 24,505

Underlying: Class A Common Stock · 12,254 shares

Expires 2025-11-30

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0000100493-17-000047 · wf-form4_148787093275906.xml · derivative · entry 10

Stouffer Stephen R · CIK 0001592293 · President of Fresh Meats

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 24,833

Underlying: Class A Common Stock · 24,833 shares

Expires 2024-11-21

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0000100493-17-000047 · wf-form4_148787093275906.xml · derivative · entry 9

Stouffer Stephen R · CIK 0001592293 · President of Fresh Meats

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Class A Common Stock · 24,833 shares

Expires 2023-11-22

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0000100493-17-000047 · wf-form4_148787093275906.xml · nonDerivative · entry 8

Stouffer Stephen R · CIK 0001592293 · President of Fresh Meats

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 49,424.6693

F6 · price: This is a weighted average price. These shares were sold in multiple transactions on February 21, 2017 at prices ranging from $64.52 to $64.65, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this range.

F2 · balance_after: Includes 7,021.6853 shares of Class A Common Stock which vest on the fourth business day following the filing of the Issuer's Annual Report on Form 10-K for its 2017 fiscal year if the performance metrics described in the applicable Stock Incentive Agreement ("SIA") are achieved; 8,544.25 shares of Class A Common Stock which vest on December 1, 2018 if the performance metrics described in the applicable SIA are achieved; and 7,277.144 shares of Class A Common Stock which vest on November 18, 2019 if the performance metrics described in the applicable SIA are achieved.

SEC source: 0000100493-17-000047 · wf-form4_148787093275906.xml · nonDerivative · entry 7

Stouffer Stephen R · CIK 0001592293 · President of Fresh Meats

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 61,678.6693

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · balance_after: Includes 7,021.6853 shares of Class A Common Stock which vest on the fourth business day following the filing of the Issuer's Annual Report on Form 10-K for its 2017 fiscal year if the performance metrics described in the applicable Stock Incentive Agreement ("SIA") are achieved; 8,544.25 shares of Class A Common Stock which vest on December 1, 2018 if the performance metrics described in the applicable SIA are achieved; and 7,277.144 shares of Class A Common Stock which vest on November 18, 2019 if the performance metrics described in the applicable SIA are achieved.

SEC source: 0000100493-17-000047 · wf-form4_148787093275906.xml · nonDerivative · entry 6

Stouffer Stephen R · CIK 0001592293 · President of Fresh Meats

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 49,424.6693

F5 · price: This is a weighted average price. These shares were sold in multiple transactions on February 21, 2017 at prices ranging from $64.49 to $64.63, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this range.

F2 · balance_after: Includes 7,021.6853 shares of Class A Common Stock which vest on the fourth business day following the filing of the Issuer's Annual Report on Form 10-K for its 2017 fiscal year if the performance metrics described in the applicable Stock Incentive Agreement ("SIA") are achieved; 8,544.25 shares of Class A Common Stock which vest on December 1, 2018 if the performance metrics described in the applicable SIA are achieved; and 7,277.144 shares of Class A Common Stock which vest on November 18, 2019 if the performance metrics described in the applicable SIA are achieved.

SEC source: 0000100493-17-000047 · wf-form4_148787093275906.xml · nonDerivative · entry 5

Stouffer Stephen R · CIK 0001592293 · President of Fresh Meats

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 74,257.6693

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · balance_after: Includes 7,021.6853 shares of Class A Common Stock which vest on the fourth business day following the filing of the Issuer's Annual Report on Form 10-K for its 2017 fiscal year if the performance metrics described in the applicable Stock Incentive Agreement ("SIA") are achieved; 8,544.25 shares of Class A Common Stock which vest on December 1, 2018 if the performance metrics described in the applicable SIA are achieved; and 7,277.144 shares of Class A Common Stock which vest on November 18, 2019 if the performance metrics described in the applicable SIA are achieved.

SEC source: 0000100493-17-000047 · wf-form4_148787093275906.xml · nonDerivative · entry 4

Stouffer Stephen R · CIK 0001592293 · President of Fresh Meats

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 49,424.6693

F4 · price: This is a weighted average price. These shares were sold in multiple transactions on February 21, 2017 at prices ranging from $64.53 to $64.67, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this range.

F2 · balance_after: Includes 7,021.6853 shares of Class A Common Stock which vest on the fourth business day following the filing of the Issuer's Annual Report on Form 10-K for its 2017 fiscal year if the performance metrics described in the applicable Stock Incentive Agreement ("SIA") are achieved; 8,544.25 shares of Class A Common Stock which vest on December 1, 2018 if the performance metrics described in the applicable SIA are achieved; and 7,277.144 shares of Class A Common Stock which vest on November 18, 2019 if the performance metrics described in the applicable SIA are achieved.

SEC source: 0000100493-17-000047 · wf-form4_148787093275906.xml · nonDerivative · entry 3

Stouffer Stephen R · CIK 0001592293 · President of Fresh Meats

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 74,257.6693

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · balance_after: Includes 7,021.6853 shares of Class A Common Stock which vest on the fourth business day following the filing of the Issuer's Annual Report on Form 10-K for its 2017 fiscal year if the performance metrics described in the applicable Stock Incentive Agreement ("SIA") are achieved; 8,544.25 shares of Class A Common Stock which vest on December 1, 2018 if the performance metrics described in the applicable SIA are achieved; and 7,277.144 shares of Class A Common Stock which vest on November 18, 2019 if the performance metrics described in the applicable SIA are achieved.

SEC source: 0000100493-17-000044 · wf-form4_148736651420009.xml · nonDerivative · entry 3

White Noel W · CIK 0001340962 · Chief Operations Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 143,168.9697

F4 · kind: Award of Class A Common Stock which vests on February 14, 2020 if the performance metric described in the applicable Stock Incentive Agreement (the Incentive Agreement) are achieved. The performance metrics are achievement of a two year (fiscal 2018-2019) cumulative EBIT target as set forth in the Incentive Agreement. If the performance metric is not achieved, the award expires.

F5 · balance_after: Includes 11,197.8685 shares of Class A Common Stock which vest on the fourth business day following the filing of the Issuer's Annual Report on Form 10-K for its 2017 fiscal year if the performance metrics described in the applicable SIA are achieved; 23,656.8132 shares of Class A Common Stock which vest on July 1, 2018 if the performance metrics described in the applicable SIA are achieved and the Reporting Person is employed by Issuer on the vesting date; 12,697.226 shares of Class A Common Stock which vest on December 1, 2018 if the performance metrics described in the applicable SIA are achieved; 10,978.85 shares of Class A Common Stock which vest on November 18, 2019 if the performance metrics described in the applicable SIA are achieved; and 2,571.56 shares of Class A Common Stock which vest on February 14, 2020 if the performance metrics described in the applicable SIA are achieved.

SEC source: 0000100493-17-000043 · wf-form4_148736646395177.xml · nonDerivative · entry 3

Oleksiuk Mary · CIK 0001497610 · Chief HR Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 46,137.3387

F4 · kind: Award of Class A Common Stock which vests on February 14, 2020 if the performance metric described in the applicable Stock Incentive Agreement (SIA) are achieved and the Reporting Person is employed by the Issuer on the vesting date. The performance metrics are achievement of a two year (fiscal 2018-2019) cumulative EBIT target as set forth in the SIA. If the performance metrics are not achieved, the award expires.

F5 · balance_after: Includes 4,236.5957 shares of Class A Common Stock which vest on the fourth business day following the filing of the Issuer's Annual Report on Form 10-K for its 2017 fiscal year if the performance metrics described in the applicable SIA are achieved; 10,132.554 shares of Class A Common Stock which vest on December 1, 2018 if the performance metrics described in the applicable SIA are achieved; 7,277.144 shares of Class A Common Stock which vest on November 18, 2019 if the performance metrics described in the applicable SIA are achieved; and 24,491.045 shares of Class A Common Stock which vest on February 14, 2020 if the performance metrics described in the applicable SIA are achieved and the Reporting Person is employed by the Issuer on the vesting date.

SEC source: 0000100493-17-000039 · wf-form4_148716685787380.xml · nonDerivative · entry 1

MCNAMARA KEVIN M · CIK 0001200996 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 70,100.8349

F1 · balance_after: Includes 45,312.2407 shares of the Issuer's Class A Common Stock acquired by the Reporting Person pursuant to the Deferred Fee Plan for Directors, which shares shall vest 180 days after termination of the Reporting Person's service as a member of the Issuer's board of directors.

SEC source: 0000100493-17-000030 · wf-form4_148676705448822.xml · nonDerivative · entry 2

Thurber Robert C. · CIK 0001457008 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 47,706.811

F3 · kind: Represents a stock award for shares of the Issuer's Class A Common Stock having a value of $150,000 granted on the date of election as a director at the Annual Meeting of Shareholders held on February 9, 2017. Per the Deferred Fee Plan for Directors, these shares shall vest 180 days after termination of the Reporting Person's service as a member of the Issuer's board of directors.

F4 · balance_after: Includes 35,209.811 shares of the Issuer's Class A Common Stock acquired by the Reporting Person pursuant to the Deferred Fee Plan for Directors, which shares shall vest 180 days after termination of the Reporting Person's service as a member of the Issuer's board of directors.

SEC source: 0000100493-17-000029 · wf-form4_148676703867574.xml · nonDerivative · entry 2

Durham Mikel A. · CIK 0001649956 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,948.287

F3 · kind: Represents a stock award for shares of the Issuer's Class A Common Stock having a value of $150,000 granted on the date of election as a director at the Annual Meeting of Shareholders held on February 9, 2017.

F2 · balance_after: Includes 2,654.358 shares of the Issuer's Class A Common Stock acquired by the Reporting Person pursuant to the Deferred Fee Plan for Directors, which shares shall vest 180 days after termination of the Reporting Person's service as a member of the Issuer's board of directors.

SEC source: 0000100493-17-000028 · wf-form4_148676702265210.xml · nonDerivative · entry 2

Beebe Mike · CIK 0001660842 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,948.287

F3 · kind: Represents a stock award for shares of the Issuer's Class A Common Stock having a value of $150,000 granted on the date of election as a director at the Annual Meeting of Shareholders held on February 9, 2017.

F2 · balance_after: Includes 2,654.358 shares of the Issuer's Class A Common Stock acquired by the Reporting Person pursuant to the Deferred Fee Plan for Directors, which shares shall vest 180 days after termination of the Reporting Person's service as a member of the Issuer's board of directors.

SEC source: 0000100493-17-000027 · wf-form4_148676700401474.xml · nonDerivative · entry 2

MCNAMARA KEVIN M · CIK 0001200996 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 69,750.8349

F3 · kind: Represents a stock award for shares of the Issuer's Class A Common Stock having a value of $150,000 granted on the date of election as a director at the Annual Meeting of Shareholders held on February 9, 2017.

F2 · balance_after: Includes 45,312.2407 shares of the Issuer's Class A Common Stock acquired by the Reporting Person pursuant to the Deferred Fee Plan for Directors, which shares shall vest 180 days after termination of the Reporting Person's service as a member of the Issuer's board of directors.

SEC source: 0000100493-17-000025 · wf-form4_148676697088261.xml · nonDerivative · entry 2

Banister Gaurdie E. JR. · CIK 0001535486 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 34,948.0071

F3 · kind: Represents a stock award for shares of the Issuer's Class A Common Stock having a value of $150,000 granted on the date of election as a director at the Annual Meeting of Shareholders held on February 9, 2017. Per the Deferred Fee Plan for Directors, these shares shall vest 180 days after termination of the Reporting Person's service as a member of the Issuer's board of directors.

F4 · balance_after: Includes 9,081.0371 shares of the Issuer's Class A Common Stock acquired by the Reporting Person pursuant to the Deferred Fee Plan for Directors, which shares shall vest 180 days after termination of the Reporting Person's service as a member of the Issuer's board of directors.

SEC source: 0000100493-17-000026 · wf-form4_148676698774113.xml · nonDerivative · entry 1

Schomburger Jeffrey K · CIK 0001630117 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,293.929

F1 · kind: Represents a stock award for shares of the Issuer's Class A Common Stock having a value of $150,000 granted on the date of election as a director at the Annual Meeting of Shareholders held on February 9, 2017.

SEC source: 0000100493-17-000024 · wf-form4_148676695454040.xml · nonDerivative · entry 1

MILLER CHERYL · CIK 0001207117 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,293.929

F1 · kind: Represents a stock award for shares of the Issuer's Class A Common Stock having a value of $150,000 granted on the date of election as a director at the Annual Meeting of Shareholders held on February 9, 2017.

SEC source: 0000100493-17-000023 · wf-form4_148676693709080.xml · nonDerivative · entry 2

SAUER BRAD T · CIK 0001205397 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 43,843.0121

F3 · kind: Represents a stock award for shares of the Issuer's Class A Common Stock having a value of $150,000 granted on the date of election as a director at the Annual Meeting of Shareholders held on February 9, 2017. Per the Deferred Fee Plan for Directors, these shares shall vest 180 days after termination of the Reporting Person's service as a member of the Issuer's board of directors.

F4 · balance_after: Includes 35,019.0121 shares of the Issuer's Class A Common Stock acquired by the Reporting Person pursuant to the Deferred Fee Plan for Directors, which shares shall vest 180 days after termination of the Reporting Person's service as a member of the Issuer's board of directors.

SEC source: 0000100493-17-000022 · wf-form4_148676691344603.xml · nonDerivative · entry 2

TYSON BARBARA · CIK 0001019037 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 227,052.373

F3 · kind: Represents a stock award for shares of the Issuer's Class A Common Stock having a value of $150,000 granted on the date of election as a director at the Annual Meeting of Shareholders held on February 9, 2017. Per the Deferred Fee Plan for Directors, these shares shall vest 180 days after termination of the Reporting Person's service as a member of the Issuer's board of directors.

F4 · balance_after: Includes 24,785.373 shares of the Issuer's Class A Common Stock acquired by the Reporting Person pursuant to the Deferred Fee Plan for Directors, which shares shall vest 180 days after termination of the Reporting Person's service as a member of the Issuer's board of directors.

SEC source: 0000100493-17-000044 · wf-form4_148736651420009.xml · nonDerivative · entry 2

White Noel W · CIK 0001340962 · Chief Operations Officer

10b5-1 filing: Not disclosed

Ownership: Indirect · Employee Stock Purchase Plan

Disclosed balance after: 11,142.3828

F3 · kind: Represents 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.

SEC source: 0000100493-17-000043 · wf-form4_148736646395177.xml · nonDerivative · entry 2

Oleksiuk Mary · CIK 0001497610 · Chief HR Officer

10b5-1 filing: Not disclosed

Ownership: Indirect · Employee Stock Purchase Plan

Disclosed balance after: 648.1934

F3 · kind: Represents 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.

SEC source: 0000100493-17-000047 · wf-form4_148787093275906.xml · nonDerivative · entry 2

Stouffer Stephen R · CIK 0001592293 · President of Fresh Meats

10b5-1 filing: Not disclosed

Ownership: Indirect · Employee Stock Purchase Plan

Disclosed balance after: 2,733.0503

F3 · kind: Represents 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.

SEC source: 0000100493-17-000154 · wf-form4_151130060147968.xml · nonDerivative · entry 2

VAN BEBBER DAVID L · CIK 0001050561 · General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 183,759.886

F1 · balance_after: Includes 7,096.0863 shares of Class A Common Stock which vested as described in footnote 6; 8,634.783 shares of Class A Common Stock which vest on the fourth business day following the filing of the Issuer's Annual Report on Form 10-K for its 2018 fiscal year if the performance metrics described in the applicable Stock Incentive Agreement are achieved; and, 7,354.251 shares of Class A Common Stock which vest on November 18, 2019 if the performance metrics described in the applicable Stock Incentive Agreement are achieved.

SEC source: 0000100493-17-000108 · wf-form4_150282944417837.xml · nonDerivative · entry 4

LEATHERBY DENNIS · CIK 0001019048 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 145,020.115

F2 · balance_after: Includes 7,620.824 shares of Class A Common Stock which vest on the fourth business day following the filing of the Issuer's Annual Report on Form 10-K for its 2017 fiscal year if the performance metrics described in the applicable Stock Incentive Agreement are achieved; 8,605.818 shares of Class A Common Stock which vest on December 1, 2018 if the performance metrics described in the applicable Stock Incentive Agreement are achieved; and 7,329.581 shares of Class A Common Stock which vest on November 18, 2019 if the performance metric described in the applicable Stock Incentive Agreement is achieved.

SEC source: 0000100493-17-000108 · wf-form4_150282944417837.xml · nonDerivative · entry 3

LEATHERBY DENNIS · CIK 0001019048 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 146,020.115

F2 · balance_after: Includes 7,620.824 shares of Class A Common Stock which vest on the fourth business day following the filing of the Issuer's Annual Report on Form 10-K for its 2017 fiscal year if the performance metrics described in the applicable Stock Incentive Agreement are achieved; 8,605.818 shares of Class A Common Stock which vest on December 1, 2018 if the performance metrics described in the applicable Stock Incentive Agreement are achieved; and 7,329.581 shares of Class A Common Stock which vest on November 18, 2019 if the performance metric described in the applicable Stock Incentive Agreement is achieved.

SEC source: 0000100493-17-000108 · wf-form4_150282944417837.xml · nonDerivative · entry 2

LEATHERBY DENNIS · CIK 0001019048 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 155,020.115

F1 · kind: The Reporting Person transferred shares from his Employee Stock Purchase Plan account into his personal stock account thereby changing the ownership of the Class A Common Stock from indirect to direct.

F2 · balance_after: Includes 7,620.824 shares of Class A Common Stock which vest on the fourth business day following the filing of the Issuer's Annual Report on Form 10-K for its 2017 fiscal year if the performance metrics described in the applicable Stock Incentive Agreement are achieved; 8,605.818 shares of Class A Common Stock which vest on December 1, 2018 if the performance metrics described in the applicable Stock Incentive Agreement are achieved; and 7,329.581 shares of Class A Common Stock which vest on November 18, 2019 if the performance metric described in the applicable Stock Incentive Agreement is achieved.

SEC source: 0000100493-17-000108 · wf-form4_150282944417837.xml · nonDerivative · entry 1

LEATHERBY DENNIS · CIK 0001019048 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Indirect · Employee Stock Purchase Plan

Disclosed balance after: 375.2356

F1 · kind: The Reporting Person transferred shares from his Employee Stock Purchase Plan account into his personal stock account thereby changing the ownership of the Class A Common Stock from indirect to direct.

SEC source: 0000100493-17-000030 · wf-form4_148676705448822.xml · nonDerivative · entry 1

Thurber Robert C. · CIK 0001457008 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 45,412.882

F1 · kind: Represents shares of the Issuer's Class A Common Stock received by the Reporting Person pursuant to the Issuer's dividend reinvestment 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 16a-11.

F2 · balance_after: Includes 32,915.882 shares of the Issuer's Class A Common Stock acquired by the Reporting Person pursuant to the Deferred Fee Plan for Directors, which shares shall vest 180 days after termination of the Reporting Person's service as a member of the Issuer's board of directors.

SEC source: 0000100493-17-000029 · wf-form4_148676703867574.xml · nonDerivative · entry 1

Durham Mikel A. · CIK 0001649956 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,654.358

F1 · kind: Represents shares of the Issuer's Class A Common Stock received by the Reporting Person pursuant to the Issuer's dividend reinvestment 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 16a-11.

F2 · balance_after: Includes 2,654.358 shares of the Issuer's Class A Common Stock acquired by the Reporting Person pursuant to the Deferred Fee Plan for Directors, which shares shall vest 180 days after termination of the Reporting Person's service as a member of the Issuer's board of directors.

SEC source: 0000100493-17-000028 · wf-form4_148676702265210.xml · nonDerivative · entry 1

Beebe Mike · CIK 0001660842 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,654.358

F1 · kind: Represents shares of the Issuer's Class A Common Stock received by the Reporting Person pursuant to the Issuer's dividend reinvestment 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 16a-11.

F2 · balance_after: Includes 2,654.358 shares of the Issuer's Class A Common Stock acquired by the Reporting Person pursuant to the Deferred Fee Plan for Directors, which shares shall vest 180 days after termination of the Reporting Person's service as a member of the Issuer's board of directors.

SEC source: 0000100493-17-000027 · wf-form4_148676700401474.xml · nonDerivative · entry 1

MCNAMARA KEVIN M · CIK 0001200996 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 67,456.9059

F1 · kind: Represents shares of the Issuer's Class A Common Stock received by the Reporting Person pursuant to the Issuer's dividend reinvestment 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 16a-11.

F2 · balance_after: Includes 45,312.2407 shares of the Issuer's Class A Common Stock acquired by the Reporting Person pursuant to the Deferred Fee Plan for Directors, which shares shall vest 180 days after termination of the Reporting Person's service as a member of the Issuer's board of directors.

SEC source: 0000100493-17-000025 · wf-form4_148676697088261.xml · nonDerivative · entry 1

Banister Gaurdie E. JR. · CIK 0001535486 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 32,654.0781

F1 · kind: Represents shares of the Issuer's Class A Common Stock received by the Reporting Person pursuant to the Issuer's dividend reinvestment 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 16a-11.

F2 · balance_after: Includes 6,787.1081 shares of the Issuer's Class A Common Stock acquired by the Reporting Person pursuant to the Deferred Fee Plan for Directors, which shares shall vest 180 days after termination of the Reporting Person's service as a member of the Issuer's board of directors.

SEC source: 0000100493-17-000023 · wf-form4_148676693709080.xml · nonDerivative · entry 1

SAUER BRAD T · CIK 0001205397 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 41,549.0831

F1 · kind: Represents shares of the Issuer's Class A Common Stock received by the Reporting Person pursuant to the Issuer's dividend reinvestment 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 16a-11.

F2 · balance_after: Includes 32,725.0831 shares of the Issuer's Class A Common Stock acquired by the Reporting Person pursuant to the Deferred Fee Plan for Directors, which shares shall vest 180 days after termination of the Reporting Person's service as a member of the Issuer's board of directors.

SEC source: 0000100493-17-000022 · wf-form4_148676691344603.xml · nonDerivative · entry 1

TYSON BARBARA · CIK 0001019037 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 224,758.444

F1 · kind: Represents shares of the Issuer's Class A Common Stock received by the Reporting Person pursuant to the Issuer's dividend reinvestment 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 16a-11.

F2 · balance_after: Includes 22,491.444 shares of the Issuer's Class A Common Stock acquired by the Reporting Person pursuant to the Deferred Fee Plan for Directors, which shares shall vest 180 days after termination of the Reporting Person's service as a member of the Issuer's board of directors.

SEC source: 0000100493-17-000044 · wf-form4_148736651420009.xml · nonDerivative · entry 1

White Noel W · CIK 0001340962 · Chief Operations Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 140,597.4097

F1 · kind: Represents shares of the Issuer's Class A Common Stock received by the Reporting Person pursuant to the Issuer's dividend reinvestment 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 16a-11.

F2 · balance_after: Includes 11,197.8685 shares of Class A Common Stock which vest on the fourth business day following the filing of the Issuer's Annual Report on Form 10-K for its 2017 fiscal year if the performance metrics described in the applicable Stock Incentive Agreement (SIA) are achieved; 23,656.8132 shares of Class A Common Stock which vest on July 1, 2018 if the performance metrics described in the applicable SIA are achieved and the Reporting Person is employed by the Issuer on the vesting date; 12,697.226 shares of Class A Common Stock which vest on December 1, 2018 if the performance metrics described in the applicable SIA are achieved; and 10,978.85 shares of Class A Common Stock which vest on November 18, 2019 if the performance metrics described in the applicable SIA are achieved.

SEC source: 0000100493-17-000043 · wf-form4_148736646395177.xml · nonDerivative · entry 1

Oleksiuk Mary · CIK 0001497610 · Chief HR Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 21,646.2937

F1 · kind: Represents shares of the Issuer's Class A Common Stock received by the Reporting Person pursuant to the Issuer's dividend reinvestment 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 16a-11.

F2 · balance_after: Includes 4,236.5957 shares of Class A Common Stock which vest on the fourth business day following the filing of the Issuer's Annual Report on Form 10-K for its 2017 fiscal year if the performance metrics described in the applicable Stock Incentive Agreement (SIA) are achieved; 10,132.554 shares of Class A Common Stock which vest on December 1, 2018 if the performance metrics described in the applicable SIA are achieved; and 7,277.144 shares of Class A Common Stock which vest on November 18, 2019 if the performance metrics described in the applicable SIA are achieved.

SEC source: 0000100493-17-000047 · wf-form4_148787093275906.xml · nonDerivative · entry 1

Stouffer Stephen R · CIK 0001592293 · President of Fresh Meats

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 49,424.6693

F1 · kind: Represents shares of the Issuer's Class A Common Stock received by the Reporting Person pursuant to the Issuer's dividend reinvestment 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 16a-11.

F2 · balance_after: Includes 7,021.6853 shares of Class A Common Stock which vest on the fourth business day following the filing of the Issuer's Annual Report on Form 10-K for its 2017 fiscal year if the performance metrics described in the applicable Stock Incentive Agreement ("SIA") are achieved; 8,544.25 shares of Class A Common Stock which vest on December 1, 2018 if the performance metrics described in the applicable SIA are achieved; and 7,277.144 shares of Class A Common Stock which vest on November 18, 2019 if the performance metrics described in the applicable SIA are achieved.

SEC source: 0000100493-17-000154 · wf-form4_151130060147968.xml · nonDerivative · entry 1

VAN BEBBER DAVID L · CIK 0001050561 · General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 184,209.886

F1 · balance_after: Includes 7,096.0863 shares of Class A Common Stock which vested as described in footnote 6; 8,634.783 shares of Class A Common Stock which vest on the fourth business day following the filing of the Issuer's Annual Report on Form 10-K for its 2018 fiscal year if the performance metrics described in the applicable Stock Incentive Agreement are achieved; and, 7,354.251 shares of Class A Common Stock which vest on November 18, 2019 if the performance metrics described in the applicable Stock Incentive Agreement are achieved.

SEC source: 0000100493-16-000313 · wf-form4_148054374902099.xml · derivative · entry 6

Smith Donald · CIK 0001423581 · Director · CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Class A Common Stock · 100,566 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · derivative.exercise_price: On November 22, 2013 the Reporting Person received a grant of 100,566 performance shares which vested (in whole or in part) or expired on November 28, 2016 subject to the achievement of performance metrics in the applicable Stock Incentive Agreement. The performance metrics were (a) a cumulative adjusted earnings before interest and taxes (EBIT) target of $6,344 million for the 2014-2016 fiscal years and (b) a favorable comparison of the Issuer's Class A common stock price relative to the stock prices of a predetermined peer group of publicly traded companies over the 2014-2016 fiscal years. The performance shares could vest at a level of 50%-200% and were previously reported as derivative securities at the 200% level. On November 28, 2016, 77,467.505 shares vested and are reported herein as acquired non-derivatives securities.

F4 · derivative.exercise_date: On November 22, 2013 the Reporting Person received a grant of 100,566 performance shares which vested (in whole or in part) or expired on November 28, 2016 subject to the achievement of performance metrics in the applicable Stock Incentive Agreement. The performance metrics were (a) a cumulative adjusted earnings before interest and taxes (EBIT) target of $6,344 million for the 2014-2016 fiscal years and (b) a favorable comparison of the Issuer's Class A common stock price relative to the stock prices of a predetermined peer group of publicly traded companies over the 2014-2016 fiscal years. The performance shares could vest at a level of 50%-200% and were previously reported as derivative securities at the 200% level. On November 28, 2016, 77,467.505 shares vested and are reported herein as acquired non-derivatives securities.

F4 · derivative.expiration_date: On November 22, 2013 the Reporting Person received a grant of 100,566 performance shares which vested (in whole or in part) or expired on November 28, 2016 subject to the achievement of performance metrics in the applicable Stock Incentive Agreement. The performance metrics were (a) a cumulative adjusted earnings before interest and taxes (EBIT) target of $6,344 million for the 2014-2016 fiscal years and (b) a favorable comparison of the Issuer's Class A common stock price relative to the stock prices of a predetermined peer group of publicly traded companies over the 2014-2016 fiscal years. The performance shares could vest at a level of 50%-200% and were previously reported as derivative securities at the 200% level. On November 28, 2016, 77,467.505 shares vested and are reported herein as acquired non-derivatives securities.

SEC source: 0000100493-16-000313 · wf-form4_148054374902099.xml · nonDerivative · entry 5

Smith Donald · CIK 0001423581 · Director · CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 239,098.7087

F6 · kind: On November 28, 2016, 32,303.498 shares of restricted Class A Common Stock vested. These shares were previously reported as beneficially owned by the Reporting Person. Pursuant to an election made by the Reporting Person, 15,781 shares were sold by the Reporting Person to the Issuer on November 28, 2016, to satisfy tax withholding obligations.

F2 · balance_after: Includes 32,303.498 shares of Class A Common Stock which vested as described in footnote 6 and 58,695.430 shares of Class A Common Stock which vest on or about January 1, 2017 pursuant to the Transition, Non-Compete and Consulting Agreement by and between the Issuer and the Reporting Person.

SEC source: 0000100493-16-000313 · wf-form4_148054374902099.xml · nonDerivative · entry 4

Smith Donald · CIK 0001423581 · Director · CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 254,879.7087

F5 · kind: Pursuant to an election made by the Reporting Person, 37,844 shares were sold by the Reporting Person to the Issuer on November 28, 2016, to satisfy tax withholding obligations related to the vesting described in footnote 4.

F2 · balance_after: Includes 32,303.498 shares of Class A Common Stock which vested as described in footnote 6 and 58,695.430 shares of Class A Common Stock which vest on or about January 1, 2017 pursuant to the Transition, Non-Compete and Consulting Agreement by and between the Issuer and the Reporting Person.

SEC source: 0000100493-16-000313 · wf-form4_148054374902099.xml · nonDerivative · entry 3

Smith Donald · CIK 0001423581 · Director · CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 292,723.7087

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · kind: On November 22, 2013 the Reporting Person received a grant of 100,566 performance shares which vested (in whole or in part) or expired on November 28, 2016 subject to the achievement of performance metrics in the applicable Stock Incentive Agreement. The performance metrics were (a) a cumulative adjusted earnings before interest and taxes (EBIT) target of $6,344 million for the 2014-2016 fiscal years and (b) a favorable comparison of the Issuer's Class A common stock price relative to the stock prices of a predetermined peer group of publicly traded companies over the 2014-2016 fiscal years. The performance shares could vest at a level of 50%-200% and were previously reported as derivative securities at the 200% level. On November 28, 2016, 77,467.505 shares vested and are reported herein as acquired non-derivatives securities.

F2 · balance_after: Includes 32,303.498 shares of Class A Common Stock which vested as described in footnote 6 and 58,695.430 shares of Class A Common Stock which vest on or about January 1, 2017 pursuant to the Transition, Non-Compete and Consulting Agreement by and between the Issuer and the Reporting Person.

SEC source: 0000100493-16-000311 · wf-form4_148054308554908.xml · derivative · entry 5

Callahan Andrew P · CIK 0001553018 · Pres Retail Packaged Brands

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 29,003.6

Underlying: Class A Common Stock · 29,003.6 shares

Expires not disclosed

F7 · derivative.exercise_price: Award of performance Class A Common Stock which vests on November 18, 2019 if the performance metrics described in the applicable Stock Incentive Agreement are achieved. The performance metrics set forth in the Stock Incentive Agreement are (1) achievement of a three year (fiscal 2017-2019) cumulative EBIT 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 2017-2019) period. Subject to the achievement of the performance metrics, the performance shares could vest at a level of 50%-200% and are reported as derivative securities at the 200% level. If neither of the performance metrics are achieved, the award expires.

F7 · kind: Award of performance Class A Common Stock which vests on November 18, 2019 if the performance metrics described in the applicable Stock Incentive Agreement are achieved. The performance metrics set forth in the Stock Incentive Agreement are (1) achievement of a three year (fiscal 2017-2019) cumulative EBIT 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 2017-2019) period. Subject to the achievement of the performance metrics, the performance shares could vest at a level of 50%-200% and are reported as derivative securities at the 200% level. If neither of the performance metrics are achieved, the award expires.

F7 · price: Award of performance Class A Common Stock which vests on November 18, 2019 if the performance metrics described in the applicable Stock Incentive Agreement are achieved. The performance metrics set forth in the Stock Incentive Agreement are (1) achievement of a three year (fiscal 2017-2019) cumulative EBIT 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 2017-2019) period. Subject to the achievement of the performance metrics, the performance shares could vest at a level of 50%-200% and are reported as derivative securities at the 200% level. If neither of the performance metrics are achieved, the award expires.

F7 · derivative.exercise_date: Award of performance Class A Common Stock which vests on November 18, 2019 if the performance metrics described in the applicable Stock Incentive Agreement are achieved. The performance metrics set forth in the Stock Incentive Agreement are (1) achievement of a three year (fiscal 2017-2019) cumulative EBIT 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 2017-2019) period. Subject to the achievement of the performance metrics, the performance shares could vest at a level of 50%-200% and are reported as derivative securities at the 200% level. If neither of the performance metrics are achieved, the award expires.

F7 · derivative.expiration_date: Award of performance Class A Common Stock which vests on November 18, 2019 if the performance metrics described in the applicable Stock Incentive Agreement are achieved. The performance metrics set forth in the Stock Incentive Agreement are (1) achievement of a three year (fiscal 2017-2019) cumulative EBIT 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 2017-2019) period. Subject to the achievement of the performance metrics, the performance shares could vest at a level of 50%-200% and are reported as derivative securities at the 200% level. If neither of the performance metrics are achieved, the award expires.

SEC source: 0000100493-16-000311 · wf-form4_148054308554908.xml · derivative · entry 4

Callahan Andrew P · CIK 0001553018 · Pres Retail Packaged Brands

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 31,522

Underlying: Class A Common Stock · 31,522 shares

Expires 2026-11-28

F6 · kind: The stock options vest at 33 1/3% on each of the first, second, and third anniversary dates of the grant.

SEC source: 0000100493-16-000311 · wf-form4_148054308554908.xml · nonDerivative · entry 3

Callahan Andrew P · CIK 0001553018 · Pres Retail Packaged Brands

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 70,747.916

F4 · kind: Award of Class A Common Stock which vests on November 18, 2019 if the performance metric described in the applicable Stock Incentive Agreement is achieved. The performance metric is achievement of a three year (fiscal 2017-2019) cumulative EBIT target as set forth in the Stock Incentive Agreement. If the performance metric is not achieved, the award expires.

F5 · balance_after: Includes 7,840.583 shares of Class A Common Stock which vest on the fourth business day following the filing of the Issuer's Annual Report on Form 10-K for its 2017 fiscal year if the performance metrics described in the applicable Stock Incentive Agreement are achieved; 47,142.996 shares of Class A Common Stock which vest on July 1, 2018 if the performance metrics described in the applicable Stock Incentive Agreement are achieved; and 8,513.437 shares of Class A Common Stock which vest on December 1, 2018 if the performance metrics described in the applicable Stock Incentive Agreement are achieved; and 7,250.9 shares of Class A Common Stock which vest on November 18, 2019 if the performance metric described in the applicable Stock Incentive Agreement is achieved.

SEC source: 0000100493-16-000309 · wf-form4_148054295196031.xml · derivative · entry 9

TYSON JOHN H · CIK 0001019032 · Director · Chairman of the Board

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 85,878.746

Underlying: Class A Common Stock · 85,878.746 shares

Expires not disclosed

F11 · derivative.exercise_price: Award of performance Class A Common Stock which vests on November 18, 2019 if the performance metrics described in the applicable Stock Incentive Agreement are achieved. The performance metrics set forth in the Stock Incentive Agreement are (1) achievement of a three year (fiscal 2017-2019) cumulative EBIT 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 2017-2019) period. Subject to the achievement of the performance metrics, the performance shares could vest at a level of 50%-200% and are reported as derivative securities at the 200% level. If neither of the performance metrics are achieved, the award expires.

F11 · kind: Award of performance Class A Common Stock which vests on November 18, 2019 if the performance metrics described in the applicable Stock Incentive Agreement are achieved. The performance metrics set forth in the Stock Incentive Agreement are (1) achievement of a three year (fiscal 2017-2019) cumulative EBIT 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 2017-2019) period. Subject to the achievement of the performance metrics, the performance shares could vest at a level of 50%-200% and are reported as derivative securities at the 200% level. If neither of the performance metrics are achieved, the award expires.

F11 · price: Award of performance Class A Common Stock which vests on November 18, 2019 if the performance metrics described in the applicable Stock Incentive Agreement are achieved. The performance metrics set forth in the Stock Incentive Agreement are (1) achievement of a three year (fiscal 2017-2019) cumulative EBIT 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 2017-2019) period. Subject to the achievement of the performance metrics, the performance shares could vest at a level of 50%-200% and are reported as derivative securities at the 200% level. If neither of the performance metrics are achieved, the award expires.

F11 · derivative.exercise_date: Award of performance Class A Common Stock which vests on November 18, 2019 if the performance metrics described in the applicable Stock Incentive Agreement are achieved. The performance metrics set forth in the Stock Incentive Agreement are (1) achievement of a three year (fiscal 2017-2019) cumulative EBIT 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 2017-2019) period. Subject to the achievement of the performance metrics, the performance shares could vest at a level of 50%-200% and are reported as derivative securities at the 200% level. If neither of the performance metrics are achieved, the award expires.

F11 · derivative.expiration_date: Award of performance Class A Common Stock which vests on November 18, 2019 if the performance metrics described in the applicable Stock Incentive Agreement are achieved. The performance metrics set forth in the Stock Incentive Agreement are (1) achievement of a three year (fiscal 2017-2019) cumulative EBIT 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 2017-2019) period. Subject to the achievement of the performance metrics, the performance shares could vest at a level of 50%-200% and are reported as derivative securities at the 200% level. If neither of the performance metrics are achieved, the award expires.