SEC Form 4 · accession 0001209191-15-030784
CONAGRA BRANDS INC. · CAG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Albert D. Bolles
Officer — EVP & Chief Tech & Op Officer
Period of report
Mar 31, 2015
Accepted (ET)
Apr 1, 2015 · 4:52 pm EDT
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 | Mar 31, 2015 | M | 100,000 | $22.88 | A | 148,562 | D | |
| Common Stock | Mar 31, 2015 | M | 120,000 | $23.93 | A | 268,562 | D | |
| Common StockF1,F2 | Mar 31, 2015 | S | 220,000 | $36.7313 | D | 48,562 | D |
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)F3 | $22.88 | Mar 31, 2015 | M | 100,000 | D | — | May 2, 2016 | Common Stock | 100,000 | 0 | D |
| Employee Stock Options (right to buy)F4 | $23.93 | Mar 31, 2015 | M | 120,000 | D | — | Jul 24, 2017 | Common Stock | 120,000 | 0 | 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 $36.5300 to $37.1150 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.
- F3These stock options became exercisable as to 40% on 5/3/2007, 30% on 5/3/2008, and 30% on 5/3/2009.
- F4These stock options became exercisable as to 40% on 7/25/2011, 30% on 7/25/2012, and 30% on 7/25/2013.