SEC Form 4 · accession 0001209191-18-022955
CONAGRA BRANDS INC. · CAG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sean Connolly
Officer — President and CEO · Director
Period of report
Apr 1, 2018
Accepted (ET)
Apr 3, 2018 · 4:23 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,F2,F3 | Apr 1, 2018 | M | 61,881 | $0.00 | A | 113,611 | D | |
| Common Stock | Apr 1, 2018 | F | 25,342 | $36.88 | D | 88,269 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | $0.00 | Apr 1, 2018 | M | 61,881 | D | — | — | Common Stock | 61,881 | 0 | D |
Explanation of responses
- F1Reflects an antidilution adjustment to the number of restricted stock units (RSUs) held by the Reporting Person, which antidilution adjustment was made prior to the vesting date in connection with the spinoff of Lamb Weston Holdings, Inc. from the Issuer on November 9, 2016. The number of RSUs held by the Reporting Person immediately prior to the spinoff was 46,057.
- F2The RSUs were granted on April 1, 2015 and vested on April 1, 2018. Each RSU represented the contingent right to receive one share of the Issuer's common stock on the vesting date.
- F3Includes 4,502 shares acquired through dividend equivalent rights under the Issuer's 2014 Stock Plan since the date of the Reporting Person's last report.