Thomas M. McGough - 16 Jul 2022 Form 4 Insider Report for CONAGRA BRANDS INC. (CAG)

Role
EVP & Co-COO
Signature
/s/Henry Turner, Attorney-in-fact
Issuer symbol
CAG
Transactions as of
16 Jul 2022
Net transactions value
-$204,572
Form type
4
Filing time
26 Jul 2022, 16:34:26 UTC
Previous filing
22 Apr 2022
Next filing
17 Aug 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CAG Common Stock Options Exercise $0 +14,424 +15% $0.000000 110,924 16 Jul 2022 Direct F1, F2
transaction CAG Common Stock Tax liability $204,572 -6,065 -5.5% $33.73 104,859 16 Jul 2022 Direct F3
holding CAG Common Stock 111,303 16 Jul 2022 By Trust
holding CAG Common Stock 400 16 Jul 2022 By Wife

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 Options Exercise $0 -14,424 -100% $0.000000* 0 16 Jul 2022 Common Stock 14,424 $0.000000 Direct F1
transaction CAG Restricted Stock Units Award $0 +46,251 $0.000000* 0 20 Jul 2022 Common Stock 46,251 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock units ("RSUs") were granted on July 16, 2019 and vested on July 16, 2022. Each RSU represented the contingent right to receive one share of the Issuer's common stock on the vesting date.
F2 This total has been decreased by 50 shares from the Reporting Person's last report based on reconciliation with the Reporting Person's personal brokerage records.
F3 6,065 shares were withheld automatically in order to satisfy the tax liability that arose upon the vesting of the RSU's.
F4 Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock upon settlement.
F5 Restricted stock units vest on July 20, 2025 or earlier upon certain events.