DAVID S. MARBERGER - 19 Jul 2023 Form 4 Insider Report for CONAGRA BRANDS INC. (CAG)

Signature
McLaurin Hill Files, Attorney-in-fact
Issuer symbol
CAG
Transactions as of
19 Jul 2023
Net transactions value
-$640,424
Form type
4
Filing time
21 Jul 2023, 16:44:11 UTC
Previous filing
26 Jul 2022
Next filing
24 Jul 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CAG Common Stock Award $0 +54,782 +40% $0.000000 192,131 19 Jul 2023 Direct F1
transaction CAG Common Stock Tax liability $640,424 -19,663 -10% $32.57 172,468 19 Jul 2023 Direct F2

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 +30,316 $0.000000 30,316 19 Jul 2023 Common Stock 30,316 Direct F3, F4
transaction CAG Restricted Stock Units Award $0 +30,316 $0.000000 30,316 19 Jul 2023 Common Stock 30,316 Direct F3, F5
* 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 Shares withheld for taxes.
F3 Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock upon settlement.
F4 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.
F5 Restricted stock units vest on July 19, 2026 or earlier upon certain events.