SEC Form 4 · accession 0001209191-18-042002

CONAGRA BRANDS INC. · CAG

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director

Period of report

Jul 5, 2018

Accepted (ET)

Jul 9, 2018 · 4:39 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^F1	Jul 5, 2018	M	3,023	$14.63	A	92,790	D
Common Stock^F2	Jul 5, 2018	S	3,023	$35.1501	D	89,767	D
Common Stock	holding	—	—		—	750	I	Living Trust

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	Jul 5, 2018	M	3,023	D	Mar 25, 2009	Sep 24, 2018	Common Stock	3,023	3,023	D

F1Includes 13.59 shares acquired through through dividend equivalent reinvestment and 23 shares acquired through dividend equivalent rights under the Issuer's 2014 Stock Plan, in each case since the date of the Reporting Person's last report.
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.