Sean Connolly - Jul 22, 2021 Form 4 Insider Report for CONAGRA BRANDS INC. (CAG)

Role
President and CEO, Director
Signature
/s/ Uche Ndumele, Attorney-in-fact
Stock symbol
CAG
Transactions as of
Jul 22, 2021
Transactions value $
-$4,303,376
Form type
4
Date filed
7/26/2021, 05:16 PM
Previous filing
Jul 20, 2021
Next filing
Jul 26, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CAG Common Stock Award $0 +284K +49.73% $0.00 854K Jul 23, 2021 Direct F1
transaction CAG Common Stock Tax liability -$4.3M -126K -14.71% $34.25 728K Jul 23, 2021 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CAG Restricted Stock Units Award $0 +60.1K $0.00 60.1K Jul 22, 2021 Common Stock 60.1K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares acquired were earned under the Conagra Brands fiscal year 2019-2021 long term incentive plan and include dividend equivalents paid in additional shares of common stock on the earned amount.
F2 125,646 shares were withheld automatically in order to satisfy the tax liability that arose upon the vesting person's shares.
F3 Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock upon settlement.
F4 Restricted stock units vest on July 22, 2024, or earlier upon certain events.