X0306 4 2020-12-01 0 0000023217 CONAGRA BRANDS INC. CAG 0001262116 MARSHALL RUTH ANN C/O CONAGRA BRANDS, INC. 222 W. MERCHANDISE MART PLAZA, STE 1300 CHICAGO IL 60654 1 0 0 0 Common Stock 2020-12-01 4 A 0 826.67 36.29 A 118259.12 D Common Stock 750 I Living Trust Represents the right to receive 826.67 shares of the Issuer's common stock in connection with the payment of the Reporting Person's director's fees, which fees have been deferred under the Issuer's Directors' Deferred Compensation Plan (the "Plan"). These shares will be distributed to the Reporting Person in accordance with her election under the Plan; deferred amounts may not be transferred from the Plan until the time specified in her election. Includes 633.65 shares acquired since the date of the Reporting Person's last report through dividend equivalent reinvestment. /s/Uche Ndumele, Attorney-in-fact 2020-12-03