Charisse Brock - 23 May 2024 Form 4 Insider Report for CONAGRA BRANDS INC. (CAG)

Signature
/s/ McLaurin Hill-Files, Attorney-in-Fact
Issuer symbol
CAG
Transactions as of
23 May 2024
Net transactions value
-$113,822
Form type
4
Filing time
28 May 2024, 17:23:03 UTC
Previous filing
24 Jul 2023
Next filing
23 Jul 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CAG Common Stock Options Exercise $355,212 +15,444 +14% $23.00 128,698 23 May 2024 Direct
transaction CAG Common Stock Sale $469,034 -15,444 -12% $30.37 113,254 23 May 2024 Direct F1, 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 Employee Stock Option (Right to Buy) Options Exercise $0 -15,444 -100% $0.000000* 0 23 May 2024 Common Stock 15,444 $23.00 Direct F3, F4
* 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 Price reflects the weighted average purchase price for multiple transactions ranging from $30.365 to $30.395 per share, inclusive. The Reporting Person undertakes to provide, upon request by the Commission Staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares purchased at each separate price.
F3 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").
F4 These stock options became exercisable as to 40% on July 14, 2015, 30% on July 14, 2016, and 30% on July 14, 2017.