SEC Form 4 · accession 0001209191-16-114124
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
Apr 11, 2016
Accepted (ET)
Apr 13, 2016 · 4:51 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 11, 2016 | M | 10,000 | $24.74 | A | 115,549 | D | |
| Common StockF1 | Apr 11, 2016 | S | 10,000 | $46.25 | D | 105,549 | D | |
| Common Stock | Apr 12, 2016 | M | 12,992 | $30.89 | A | 118,541 | D | |
| Common StockF1 | Apr 12, 2016 | S | 12,992 | $46.35 | D | 105,549 | D | |
| Common StockF2 | holding | — | — | — | 3,658 | 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)F3 | $24.74 | Apr 11, 2016 | M | 10,000 | D | — | Jul 15, 2022 | Common Stock | 10,000 | 0 | D |
| Employee Stock Options (right to buy)F4 | $30.89 | Apr 12, 2016 | M | 12,992 | D | — | Jul 13, 2024 | Common Stock | 12,992 | 44,490 | 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.
- F2Reflects holdings under the ConAgra Foods, Inc. 401(k) plan. The information in this report is based on a plan statement date of April 8, 2016.
- F3These stock options, originally covering 60,000 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 57,482 shares, became exercisable as to 40% on July 14, 2015, and will become exercisable as to 30% on July 14, 2016, and 30% on July 14, 2017.