CONAGRA BRANDS INC. — Director's Dealing 2020

Jul 28, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CONAGRA BRANDS INC. (CAG)
CIK: 0000023217
Period of Report: 2020-07-23

Reporting Person: Serrao Darren (EVP, Chief Growth Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-07-24	Common Stock	A	55431	$0.00	Acquired	115465	Direct
2020-07-24	Common Stock	F	21798	$36.61	Disposed	93667	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-07-23	Restricted Stock Units	$	A	11015	Disposed		Common Stock (11015)	Direct

Footnotes

F1: The shares acquired were earned under the Conagra Brands fiscal year 2018-2020 long term incentive plan and include dividend equivalents paid in additional shares of common stock on the earned amount.

F2: 21,798 shares were withheld automatically in order to satisfy the tax liability that arose upon the vesting of the shares.

F3: Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock upon settlement.

F4: Restricted stock units vest on July 23, 2023, or earlier upon certain events.