SEC Form 4 · accession 0001209191-15-032910
CONAGRA BRANDS INC. · CAG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Gehring
Officer — EVP and CFO
Period of report
Apr 6, 2015
Accepted (ET)
Apr 7, 2015 · 4:37 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 | Apr 6, 2015 | M | 160,000 | $23.93 | A | 207,427 | D | |
| Common StockF1,F2 | Apr 6, 2015 | S | 160,000 | $37.9647 | D | 47,427 | D | |
| Common Stock | holding | — | — | — | 132,063 | I | By Spouse | |
| Common StockF3 | holding | — | — | — | 710 | 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 | Apr 6, 2015 | M | 160,000 | D | — | Jul 24, 2017 | Common Stock | 160,000 | 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 $37.5300 to $38.1700 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.
- F3Reflects holdings under the ConAgra Foods, Inc. 401(k) plan. The information in this report is based on a plan statement date of March 27, 2015.
- F4Options became exercisable as to 40% on July 25, 2011, 30% on July 25, 2012, and 30% on July 25, 2013.