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CONAGRA BRANDS INC. Director's Dealing 2015

Jan 6, 2015

30694_dirs_2015-01-06_3f71a063-4293-4f4d-9f90-b253499719e9.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: 2015-01-02

Reporting Person: Maass Paul T (Pres-Private Brnds & Comml Fds)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2015-01-02 Common Stock M 40000 $19.05 Acquired 103060 Direct
2015-01-02 Common Stock M 40000 $23.93 Acquired 143060 Direct
2015-01-02 Common Stock M 80000 $22.61 Acquired 223060 Direct
2015-01-02 Common Stock M 42000 $26.15 Acquired 265060 Direct
2015-01-02 Common Stock S 202000 $36.0314 Disposed 63060 Direct
2015-01-05 Common Stock M 78000 $26.15 Acquired 141060 Direct
2015-01-05 Common Stock M 112000 $24.74 Acquired 253060 Direct
2015-01-05 Common Stock S 190000 $35.6595 Disposed 63060 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2015-01-02 Employee Stock Options (right to Buy) $19.05 M 40000 Disposed 2016-07-14 Common Stock (40000) Direct
2015-01-02 Employee Stock Options (right to Buy) $23.93 M 40000 Disposed 2017-07-24 Common Stock (40000) Direct
2015-01-02 Employee Stock Options (right to Buy) $22.61 M 80000 Disposed 2017-10-13 Common Stock (80000) Direct
2015-01-02 Employee Stock Options (right to Buy) $26.15 M 42000 Disposed 2018-07-10 Common Stock (42000) Direct
2015-01-05 Employee Stock Options (right to Buy) $26.15 M 78000 Disposed 2018-07-10 Common Stock (78000) Direct
2015-01-05 Employee Stock Options (right to Buy) $24.74 M 112000 Disposed 2022-07-15 Common Stock (112000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 4945.0508 Indirect

Footnotes

F1: All of the shares being sold were acquired by the Reporting Person within the past two business days upon the exercise of stock options

F2: Price reflects a weighted average sale price for multiple transactions ranging from $35.850 to $36.270 per share, inclusive. The Reporting Person undertakes to provide, upon request by the SEC Staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.

F3: Price reflects a weighted average sale price for multiple transactions ranging from $35.425 to $36.010 per share, inclusive. The Reporting Person undertakes to provide, upon request by the SEC Staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.

F4: Reflects holdings under the ConAgra Foods, Inc. 401(k) plan. The information in this report is based on a plan statement date of January 2, 2015.

F5: These stock options, originally covering 40,000 shares, became exercisable as to 40% on July 15, 2010, 30% on July 15, 2011, and 30% on July 15, 2012.

F6: These stock options, originally covering 40,000 shares, became exercisable as to 40% on July 25, 2011, 30% on July 25, 2012, and 30% on July 25, 2013.

F7: These stock options, originally covering 80,000 shares, became exercisable as to 40% on October 14, 2011, 30% on October 14, 2012, and 30% on October 14, 2013.

F8: These stock options, originally covering 120,000 shares, became exercisable as to 40% on July 11, 2012, 30% on July 11, 2013, and 30% on July 11, 2014.

F9: These stock options, originally covering 160,000 shares, became exercisable as to 40% on July 16, 2013, 30% on July 16, 2014, and will become exercisable as to 30% on July 16, 2015.