SEC Form 4 · accession 0001209191-15-033398
CONAGRA BRANDS INC. · CAG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Colleen Batcheler
Officer — EVP Gen Counsel & Corp Secty
Period of report
Apr 7, 2015
Accepted (ET)
Apr 9, 2015 · 4:29 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 7, 2015 | M | 48,653 | $24.74 | A | 176,448 | D | |
| Common StockF1,F2 | Apr 7, 2015 | S | 48,653 | $38.0361 | D | 127,795 | D | |
| Common Stock | Apr 8, 2015 | M | 35,347 | $24.74 | A | 163,142 | D | |
| Common StockF1,F3 | Apr 8, 2015 | S | 35,347 | $37.9306 | D | 127,795 | 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)F4 | $24.74 | Apr 7, 2015 | M | 48,653 | D | — | Jul 15, 2022 | Common Stock | 48,653 | 71,347 | D |
| Employee Stock Options (right to buy)F4 | $24.74 | Apr 8, 2015 | M | 35,347 | D | — | Jul 15, 2022 | Common Stock | 35,347 | 36,000 | 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 $38.0000 to $38.0650 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 $37.8000 to $38.0000 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.
- F4These stock options, originally covering 120,000 shares, became exercisable as to 40% on 7/16/2013, 30% on 7/16/2014 and will be exercisable as to 30% on 7/16/2015.