SEC Form 4 · accession 0001209191-16-133418
CONAGRA BRANDS INC. · CAG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert G Wise
Officer — SVP, Corporate Controller
Period of report
Jul 15, 2016
Accepted (ET)
Jul 19, 2016 · 9:35 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 15, 2016 | M | 15,708 | $36.89 | A | 34,326 | D | |
| Common StockF1,F2 | Jul 15, 2016 | S | 15,708 | $47.897 | D | 18,618 | D | |
| Common StockF3 | Jul 15, 2016 | A | 2,213 | $0.00 | A | 20,831 | D | |
| Common Stock | Jul 15, 2016 | F | 1,040 | $47.98 | D | 19,791 | D | |
| Common StockF4 | holding | — | — | — | 1 | I | 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)F5 | $36.89 | Jul 15, 2016 | M | 15,708 | D | — | Jul 14, 2023 | Common Stock | 15,708 | 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 $47.86 to $47.94 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.
- F3The shares acquired were earned under the ConAgra Foods fiscal year 2014 to 2016 long term incentive plan and include dividend equivalents paid in additional shares of common stock on the earned amount.
- F4Reflects 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.
- F5These options, covering 52,362 shares, became exercisable as to 40% on July 15, 2014, 30% on July 15, 2015, and 30% on July 15, 2016.