SEC Form 4 · accession 0001209191-17-045185
CONAGRA BRANDS INC. · CAG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ruth Ann Marshall
Director
Period of report
Jul 12, 2017
Accepted (ET)
Jul 14, 2017 · 3:00 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 12, 2017 | M | 6,046 | $19.22 | A | 89,260 | D | |
| Common StockF1 | Jul 12, 2017 | S | 6,046 | $33.2221 | D | 83,214 | D | |
| Common Stock | holding | — | — | — | 750 | I | Living Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Director Stock Options (right to buy)F2 | $19.22 | Jul 12, 2017 | M | 6,046 | D | Mar 27, 2008 | Sep 26, 2017 | Common Stock | 6,046 | 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 that were due to expire on September 26, 2017.
- F2Reflects an antidilution adjustment to the number of options (originally granted on September 27, 2007 and expiring September 26, 2017, for 9,000 shares at an exercise price of $25.82 per share) held by the Reporting Person, which antidilution adjustment was made prior to the exercise date in connection with the spinoff of Lamb Weston Holdings, Inc. from the Issuer on November 9, 2016 (the "Spinoff"). The total number of options held by the Reporting Person immediately prior to the Spinoff was 9,000.