Sean Connolly - 19 Jul 2023 Form 4 Insider Report for CONAGRA BRANDS INC. (CAG)

Role
President and CEO, Director
Signature
/s/ McLaurin Hill Files, Attorney-in-fact
Issuer symbol
CAG
Transactions as of
19 Jul 2023
Net transactions value
-$3,828,669
Form type
4
Filing time
21 Jul 2023, 16:43:12 UTC
Previous filing
26 Jul 2022
Next filing
24 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 Award $0 +265,353 +32% $0.000000 1,089,283 19 Jul 2023 Direct F1, F2
transaction CAG Common Stock Tax liability $3,828,669 -117,552 -11% $32.57 971,731 19 Jul 2023 Direct F3

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 +113,988 $0.000000 113,988 19 Jul 2023 Common Stock 113,988 Direct F4, F5
transaction CAG Restricted Stock Units Award $0 +60,632 $0.000000 60,632 19 Jul 2023 Common Stock 60,632 Direct F4, F6
* 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 2021-2023 long term incentive plan and include dividend equivalents paid in additional shares of common stock on the earned amount.
F2 Includes 29,279.52 shares acquired since the date of the Reporting Person's last report through dividend equivalent reinvestment
F3 Shares withheld for taxes.
F4 Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock upon settlement.
F5 These restricted stock units will vest 33.33% on 7/19/2024, 33.33% on 7/19/2025, and 33.34% on 7/19/2026.
F6 Restricted stock units vest on July 19, 2026 or earlier upon certain events.