Darren Serrao - Jul 23, 2023 Form 4 Insider Report for CONAGRA BRANDS INC. (CAG)

Role: EVP & Co-COO
Signature: /s/ McLaurin Hill Files, Attorney-in-fact
Stock symbol: CAG
Transactions as of: Jul 23, 2023
Transactions value $: -$162,455
Form type: 4
Date filed: 7/24/2023, 04:54 PM
Previous filing: Jul 21, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CAG	Common Stock	Options Exercise	$0	+11K	+7.32%	$0.00	162K	Jul 23, 2023	Direct	F1
transaction	CAG	Common Stock	Tax liability	-$162K	-4.88K	-3.02%	$33.29	157K	Jul 23, 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	Options Exercise	$0	-11K	-100%	$0.00^*	0	Jul 23, 2023	Common Stock	11K	$0.00	Direct	F1

* 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 23, 2020 and vested on July 23, 2023. Each RSU represented the contingent right to receive one share of the Issuer's common stock on the vesting date.
F2	Shares withheld for taxes.