SEC Form 4 · accession 0001209191-15-002395
CONAGRA BRANDS INC. · CAG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul T Maass
Officer — Pres-Private Brnds & Comml Fds
Period of report
Jan 2, 2015
Accepted (ET)
Jan 6, 2015 · 5:26 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000023217
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jan 2, 2015 | M | 40,000 | $19.05 | A | 103,060 | D | |
| Common Stock | Jan 2, 2015 | M | 40,000 | $23.93 | A | 143,060 | D | |
| Common Stock | Jan 2, 2015 | M | 80,000 | $22.61 | A | 223,060 | D | |
| Common Stock | Jan 2, 2015 | M | 42,000 | $26.15 | A | 265,060 | D | |
| Common StockF1,F2 | Jan 2, 2015 | S | 202,000 | $36.0314 | D | 63,060 | D | |
| Common Stock | Jan 5, 2015 | M | 78,000 | $26.15 | A | 141,060 | D | |
| Common Stock | Jan 5, 2015 | M | 112,000 | $24.74 | A | 253,060 | D | |
| Common StockF1,F3 | Jan 5, 2015 | S | 190,000 | $35.6595 | D | 63,060 | D | |
| Common StockF4 | holding | — | — | — | 4,945 | I | By 401(k) Plan Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Options (right to Buy)F5 | $19.05 | Jan 2, 2015 | M | 40,000 | D | — | Jul 14, 2016 | Common Stock | 40,000 | 0 | D |
| Employee Stock Options (right to Buy)F6 | $23.93 | Jan 2, 2015 | M | 40,000 | D | — | Jul 24, 2017 | Common Stock | 40,000 | 0 | D |
| Employee Stock Options (right to Buy)F7 | $22.61 | Jan 2, 2015 | M | 80,000 | D | — | Oct 13, 2017 | Common Stock | 80,000 | 0 | D |
| Employee Stock Options (right to Buy)F8 | $26.15 | Jan 2, 2015 | M | 42,000 | D | — | Jul 10, 2018 | Common Stock | 42,000 | 78,000 | D |
| Employee Stock Options (right to Buy)F8 | $26.15 | Jan 5, 2015 | M | 78,000 | D | — | Jul 10, 2018 | Common Stock | 78,000 | 0 | D |
| Employee Stock Options (right to Buy)F9 | $24.74 | Jan 5, 2015 | M | 112,000 | D | — | Jul 15, 2022 | Common Stock | 112,000 | 48,000 | D |
Explanation of responses
- F1All of the shares being sold were acquired by the Reporting Person within the past two business days upon the exercise of stock options
- F2Price reflects a weighted average sale price for multiple transactions ranging from $35.850 to $36.270 per share, inclusive. The Reporting Person undertakes to provide, upon request by the SEC Staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- F3Price reflects a weighted average sale price for multiple transactions ranging from $35.425 to $36.010 per share, inclusive. The Reporting Person undertakes to provide, upon request by the SEC Staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- F4Reflects holdings under the ConAgra Foods, Inc. 401(k) plan. The information in this report is based on a plan statement date of January 2, 2015.
- F5These stock options, originally covering 40,000 shares, became exercisable as to 40% on July 15, 2010, 30% on July 15, 2011, and 30% on July 15, 2012.
- F6These stock options, originally covering 40,000 shares, became exercisable as to 40% on July 25, 2011, 30% on July 25, 2012, and 30% on July 25, 2013.
- F7These stock options, originally covering 80,000 shares, became exercisable as to 40% on October 14, 2011, 30% on October 14, 2012, and 30% on October 14, 2013.
- F8These stock options, originally covering 120,000 shares, became exercisable as to 40% on July 11, 2012, 30% on July 11, 2013, and 30% on July 11, 2014.
- F9These stock options, originally covering 160,000 shares, became exercisable as to 40% on July 16, 2013, 30% on July 16, 2014, and will become exercisable as to 30% on July 16, 2015.