Sec Form 4 Filing - PETERSON ROBERT L @ TYSON FOODS INC - 2003-09-26

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
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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1. Name and Address of Reporting Person
PETERSON ROBERT L
2. Issuer Name and Ticker or Trading Symbol
TYSON FOODS INC [ TSN]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
2210 W. OAKLAWN
3. Date of Earliest Transaction (MM/DD/YY)
09/26/2003
(Street)
SPRINGDALE, AR72762
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 09/26/2003 J( 1 ) V 3,989 A $ 0 558,620 D
Class A Common Stock 09/26/2003 M 9,389 A $ 10.65 568,009 D
Class A Common Stock 09/26/2003 M 133,471 A $ 10.65 701,480 D
Class A Common Stock 09/26/2003 M 42,640 A $ 9.97 744,120 D
Class A Common Stock 09/26/2003 S 185,500 D $ 14.0151 558,620 D
Class A Common Stock 09/26/2003 S 35,076 D $ 14.1024 523,544 D
Class A Common Stock 09/26/2003 S 56 D $ 14.27 523,488 D
Class A Common Stock 09/26/2003 S 1,200 D $ 14.26 522,288 D
Class A Common Stock 09/26/2003 S 5,000 D $ 14.25 517,288 D
Class A Common Stock 09/26/2003 S 75,000 D $ 14.2 442,288 D
Class A Common Stock 09/26/2003 S 5,000 D $ 14.18 437,288 D
Class A Common Stock 09/26/2003 S 161,000 D $ 14 276,288 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Incentive Stock Option (right to buy) $ 10.65 09/26/2003 M 9,389 ( 2 ) 12/22/2005 Class A Common Stock 9,389 $ 0 0 D
Non-Qualified Stock Option (right to buy) $ 10.65 09/26/2003 M 133,471 ( 3 ) 12/22/2005 Class A Common Stock 133,471 $ 0 0 D
Non-Qualified Stock Option (right to buy) $ 9.97 09/26/2003 M 42,640 ( 3 ) 10/01/2006 Class A Common Stock 42,640 $ 0 18,760 D
Incentive Stock Option (right to buy) $ 9.97 ( 2 ) 10/01/2006 Class A Common Stock 10,030 10,030 D
Non-Qualified Stock Option (right to buy) $ 8.68 ( 3 ) 12/24/2007 Class A Common Stock 71,430 71,430 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
PETERSON ROBERT L
2210 W. OAKLAWN
SPRINGDALE, AR72762
X
Signatures
/s/ Peterson, Robert L. 09/22/2003
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Acquisition of 3,989 shares pursuant to reinvestment of dividends or interest. (DRIPS)
( 2 )Pursuant to the Agreement and Plan of 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 Issuer Class A common stock at a predetermined exchange rate.
( 3 )All options granted prior to the closing of the tender offer for IBP vested on 7/23/01. For all other options, 40% of the options are exercisable two years after the grant date (the date listed above represents the date 40% become exercisable), and an additional 20% vest in each of the following three years. After 5 years 100% of the options are exercisable.

Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).

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