Robert G. Wise - Jul 22, 2021 Form 4 Insider Report for CONAGRA BRANDS INC. (CAG)

Role: SVP, Corporate Controller
Signature: /s/ Uche Ndumele, Attorney-in-fact
Stock symbol: CAG
Transactions as of: Jul 22, 2021
Transactions value $: -$345,720
Form type: 4
Date filed: 7/26/2021, 05:23 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	+22.8K	+39.9%	$0.00	79.8K	Jul 23, 2021	Direct	F1
transaction	CAG	Common Stock	Tax liability	-$346K	-10.1K	-12.65%	$34.25	69.7K	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	+4.28K		$0.00	4.28K	Jul 22, 2021	Common Stock	4.28K		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	10,094 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.