SEC Form 4 · accession 0001209191-15-087289
CONAGRA BRANDS INC. · CAG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrew George Ross
Officer — EVP and CSO
Period of report
Dec 24, 2015
Accepted (ET)
Dec 29, 2015 · 4:49 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 | Dec 24, 2015 | M | 36,000 | $24.74 | A | 79,281 | D | |
| Common Stock | Dec 24, 2015 | M | 73,307 | $36.89 | A | 152,588 | D | |
| Common Stock | Dec 24, 2015 | M | 45,985 | $30.89 | A | 198,573 | D | |
| Common StockF1,F2 | Dec 24, 2015 | S | 155,292 | $42.2158 | D | 43,281 | 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 | $24.74 | Dec 24, 2015 | M | 36,000 | D | — | Jul 15, 2022 | Common Stock | 36,000 | 0 | D |
| Employee Stock Options (right to buy)F4 | $36.89 | Dec 24, 2015 | M | 73,307 | D | — | Jul 14, 2023 | Common Stock | 73,307 | 31,417 | D |
| Employee Stock Options (right to buy)F5 | $30.89 | Dec 24, 2015 | M | 45,985 | D | — | Jul 13, 2024 | Common Stock | 45,985 | 68,978 | 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 $42.05 to $42.44 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.
- F3These stock options, originally covering 120,000 shares, became exercisable as to 40% on July 16, 2013, 30% on July 16, 2014, and 30% on July 16, 2015.
- F4These stock options, originally covering 104,724 shares, became exercisable as to 40% on July 15, 2014, 30% on July 15, 2015, and 30% on July 15, 2016.
- F5These stock options, originally covering 114,963 shares, became exercisable as to 40% on July 14, 2015, 30% on July 14, 2016, and 30% on July 14, 2017.