Charisse Brock - 14 Apr 2023 Form 4 Insider Report for CONAGRA BRANDS INC. (CAG)

Role
EVP, Chief HR Officer
Signature
/s/ Henry Turner, Jr., Attorney-in-fact
Issuer symbol
CAG
Transactions as of
14 Apr 2023
Net transactions value
-$67,405
Form type
4
Filing time
17 Apr 2023, 19:19:35 UTC
Previous filing
26 Jul 2022
Next filing
21 Jul 2023
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 $193,209 +7,036 +7.4% $27.46 101,838 14 Apr 2023 Direct
transaction CAG Common Stock Sale $260,613 -7,036 -6.9% $37.04 94,802 14 Apr 2023 Direct F1

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 Employee Stock Option (right to buy) Options Exercise $0 -7,036 -100% $0.000000* 0 14 Apr 2023 Common Stock 7,036 $27.46 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 All of the shares being sold were acquired by the Reporting Person within the past two business days upon the exercise of stock options.
F2 Reflects an antidilution adjustment to the number of options and the exercise price for such options, which adjustment was made in connection with the spinoff of Lamb Weston Holdings, Inc. from the Issuer on November 9, 2016 (the "Spinoff").
F3 These stock options became exercisable as to 40% on July 15, 2014, 30% on July 15, 2015, and 30% on July 15, 2016.