| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CAG | Common Stock | Options Exercise | $2.25M | +72.5K | +45.32% | $31.06 | 232K | Apr 19, 2022 | Direct | F1 |
| transaction | CAG | Common Stock | Sale | -$2.61M | -72.5K | -31.18% | $36.02 | 160K | Apr 19, 2022 | Direct | F1, F2, F3 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CAG | Employee Stock Option (right to buy) | Options Exercise | $0 | -72.5K | -100% | $0.00* | 0 | Apr 19, 2022 | Common Stock | 72.5K | $31.06 | Direct | F4, F5 |
| Id | Content |
|---|---|
| F1 | This exercise of stock options reported in this Form 4 relates to the Reporting Person's acquisition and sale of shares, as part of the process of exercising stock options that were scheduled to expire on August 27, 2025. The exercise and sale were affected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person during an open trading window. |
| F2 | All of the shares being sold were acquired by the Reporting Person within the past two business days upon the exercise of stock options. |
| F3 | Price reflects the weighted average sale price for multiple transactions that ranged from $36.00 to $36.11 per share. The reporting person undertakes to provide, upon request by the Commission Staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price. |
| F4 | Reflects an antidilution adjustment to the number of options (originally granted on August 28, 2015 and expiring August 27, 2025, for 53,946 shares at an exercise price of $41.73 per share) held by the Reporting Person and the exercise price for such options, which antidilution adjustment was made prior to the exercise date in connection with the spinoff of Lamb Weston Holdings, Inc. from the Issuer on November 9, 2016 (the "Spinoff"). The total number of these options held by the Reporting Person immediately prior to the Spinoff was 53,946. |
| F5 | These stock options became exercisable as to 33.33% on August 28, 2016, 33.33% on August 28, 2017, and 33.34% on August 28, 2018. |