X0306 4 2017-05-30 0 0000023217 CONAGRA BRANDS INC. CAG 0001210409 GOLDSTONE STEVEN F C/O CONAGRA BRANDS, INC. 222 W. MERCHANDISE MART PLAZA, STE 1300 CHICAGO IL 60654 1 0 0 0 Common Stock 2017-05-30 4 M 0 11932 0.00 A 194308.71 D Restricted Stock Units 0.00 2017-05-30 4 M 0 11932 D Common Stock 11932 0 D The restricted stock units ("RSUs") were granted on May 30, 2016 and vested on May 30, 2017. Each RSU represented the contingent right to receive one share of the Issuer's common stock on the vesting date. Includes 1,606 shares acquired through a dividend equivalent reinvestment feature under the Issuer's Directors' Deferred Compensation Plan (the "Plan") and 205 shares acquired through dividend equivalent rights under the Issuer's 2014 Stock Plan, in each case since the date of the Reporting Person's last report. Reflects an antidilution adjustment of 30,113.71 shares to the number of shares the Reporting Person has the right to receive under the Plan, which antidilution adjustment was made in connection with the spinoff of Lamb Weston Holdings, Inc. from the Issuer on November 9, 2016 (the "Spinoff"). Reflects an antidilution adjustment to the number of RSUs held by the Reporting Person, which antidilution made prior to the vesting date in connection with the Spinoff. The number of RSUs held by the Reporting Person immediately prior to the Spinoff was 8,881. /s/ Christine Herbas, Attorney-in-fact 2017-06-01