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

Role
President and CEO, Director
Signature
/s/ McLaurin Hill Files, Attorney-in-fact
Stock symbol
CAG
Transactions as of
Jul 19, 2023
Transactions value $
-$3,828,669
Form type
4
Date filed
7/21/2023, 04:43 PM
Previous filing
Jul 26, 2022
Next filing
Jul 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CAG Common Stock Award $0 +265K +32.21% $0.00 1.09M Jul 19, 2023 Direct F1, F2
transaction CAG Common Stock Tax liability -$3.83M -118K -10.79% $32.57 972K Jul 19, 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 +114K $0.00 114K Jul 19, 2023 Common Stock 114K Direct F4, F5
transaction CAG Restricted Stock Units Award $0 +60.6K $0.00 60.6K Jul 19, 2023 Common Stock 60.6K 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.