X0306 4 2016-07-01 0 0000023217 CONAGRA FOODS INC /DE/ CAG 0001206253 BUTLER STEPHEN G C/O CONAGRA FOODS, INC. 222 W. MERCHANDISE MART PLAZA, STE 1300 CHICAGO IL 60654 1 0 0 0 Common Stock 2016-07-01 4 A 0 617 47.81 A 80850 D Represents the right to receive 617 shares based on the Reporting Person's deferral of director's fees into the stock account under the Issuer's Directors' Deferred Compensation Plan. Shares will be issued based on the Reporting Person's deferral election, and the Reporting Person may not transfer deferred amounts out of the stock account. Includes 160 shares acquired through a dividend equivalent reinvestment feature since the date of the Reporting Person's last report. Also includes 21 additional shares of the Issuer's common stock acquired through dividend equivalent rights. /s/ Christine Herbas, attorney-in-fact 2016-07-06