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CONAGRA BRANDS INC. Director's Dealing 2009

Dec 3, 2009

30694_dirs_2009-12-03_26b9a614-fda9-4184-b2a2-b4ff3943c2fc.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CONAGRA FOODS INC /DE/ (CAG)
CIK: 0000023217
Period of Report: 2009-12-02

Reporting Person: Gehring John (EVP and CFO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2009-12-02 Common Stock M 20000 $0.00 Acquired 114088 Direct
2009-12-02 Common Stock F 8290 $22.61 Disposed 105798 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2009-12-02 Share Equivalent Units $0.00 M 20000 Disposed 2009-12-02 Common Stock (20000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 596 Indirect

Footnotes

F1: The share equivalent units were granted on December 2, 2004 with a vesting date of December 2, 2009. Each unit represented the right to receive one share of company stock on the vesting date.