X0306 4 2019-03-12 0 0000023217 CONAGRA BRANDS INC. CAG 0001139497 LENNY RICHARD H C/O CONAGRA BRANDS, INC. 222 W. MERCHANDISE MART PLAZA, STE 1300 CHICAGO IL 60654 1 0 0 0 Common Stock 2019-03-12 4 M 0 7053 11.37 A 56011.08 D Director Stock Options (right to buy) 11.37 2019-03-12 4 M 0 7053 0.00 D 2009-09-13 2019-03-16 Common Stock 7053 0 D Includes 621.67 shares acquired since the date of the Reporting Person's last report through dividend equivalent reinvestment. Reflects an antidilution adjustment to the number of options (originally granted on March 17, 2009 and expiring March 16, 2019, for 5,250 shares at an exercise price of $15.27 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 5,250. /s/ Christine M. Herbas, Attorney-in-fact 2019-03-14