SEC Form 4 · accession 0001209191-15-002860
CONAGRA BRANDS INC. · CAG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott E Messel
Officer — SVP, Treasurer&Asst. Secretary
Period of report
Jan 5, 2015
Accepted (ET)
Jan 7, 2015 · 4:32 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 5, 2015 | M | 15,000 | $23.93 | A | 115,943 | D | |
| Common StockF1,F2 | Jan 5, 2015 | S | 15,000 | $35.6016 | D | 100,943 | D | |
| Common StockF3 | holding | — | — | — | 3,553 | 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)F4 | $23.93 | Jan 5, 2015 | M | 15,000 | D | — | Jul 24, 2017 | Common Stock | 15,000 | 45,000 | 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 the weighted average sale price for multiple transactions that ranged from $35.60 to $35.62 per share. 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 sold at each separate price.
- F3Reflects 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.
- F4These stock options, originally covering 60,000 shares, became exercisable as to 40% on July 25, 2011, 30% on July 25, 2012, and 30% on July 25, 2013.