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

Role
EVP & Co-COO
Signature
/s/Henry Turner, Attorney-in-fact
Stock symbol
CAG
Transactions as of
Jul 16, 2022
Transactions value $
-$204,572
Form type
4
Date filed
7/26/2022, 04:34 PM
Previous filing
Apr 22, 2022
Next filing
Aug 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CAG Common Stock Options Exercise $0 +14.4K +14.95% $0.00 111K Jul 16, 2022 Direct F1, F2
transaction CAG Common Stock Tax liability -$205K -6.07K -5.47% $33.73 105K Jul 16, 2022 Direct F3
holding CAG Common Stock 111K Jul 16, 2022 By Trust
holding CAG Common Stock 400 Jul 16, 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 -14.4K -100% $0.00* 0 Jul 16, 2022 Common Stock 14.4K $0.00 Direct F1
transaction CAG Restricted Stock Units Award $0 +46.3K $0.00* 0 Jul 20, 2022 Common Stock 46.3K 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.