SEC Form 4 · accession 0001209191-16-132091
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
Jul 5, 2016
Accepted (ET)
Jul 7, 2016 · 8:56 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 | Jul 5, 2016 | M | 97,743 | $36.89 | A | 157,452 | D | |
| Common Stock | Jul 5, 2016 | M | 61,314 | $30.89 | A | 218,766 | D | |
| Common StockF1,F2 | Jul 5, 2016 | S | 159,057 | $48.1404 | D | 59,709 | D | |
| Common Stock | holding | — | — | — | 132,063 | I | By Spouse | |
| Common StockF3 | holding | — | — | — | 730 | 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 | $36.89 | Jul 5, 2016 | M | 97,743 | D | — | Jul 14, 2023 | Common Stock | 97,743 | 41,889 | D |
| Employee Stock Options (right to buy)F5 | $30.89 | Jul 5, 2016 | M | 61,314 | D | — | Jul 13, 2024 | Common Stock | 61,314 | 91,971 | 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 $48.00 to $48.26 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.
- F3Reflects holdings under the ConAgra Foods, Inc. 401(k) plan. The information in this report is based on a plan statement date of July 1, 2016.
- F4These stock options, originally covering 139,632 shares, became exercisable as to 40% on July 15, 2014 and 30% on July 15, 2015, and will become exercisable as to 30% on July 15, 2016.
- F5These stock options, originally covering 153,285 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.
Remarks
Exhibit 24- Power of Attorney is attached