SEC Form 4 · accession 0001209191-18-021974
CONAGRA BRANDS INC. · CAG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ruth Ann Marshall
Director
Period of report
Mar 26, 2018
Accepted (ET)
Mar 28, 2018 · 6:26 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 StockF1 | Mar 26, 2018 | M | 6,046 | $14.63 | A | 90,696 | D | |
| Common StockF2 | Mar 26, 2018 | S | 6,046 | $35.86 | D | 84,650 | 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)F3 | $14.63 | Mar 26, 2018 | M | 6,046 | D | Mar 25, 2009 | Sep 24, 2018 | Common Stock | 6,046 | 6,046 | D |
Explanation of responses
- F1Includes 13.792 shares acquired since the date of the Reporting Person's last report through dividend equivalent reinvestment.
- F2All 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 24, 2018.
- F3Reflects an antidilution adjustment to the number of options (originally granted on September 25, 2008 and expiring September 24, 2018, for 9,000 shares at an exercise price of $19.65 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.