Conagra grants CEO Sean Connolly $10M retention performance shares and RSUs

CONAGRA BRANDS INC.

CEO Sean Connolly awarded $8,000,000 target performance shares and $2,000,000 restricted stock units.
Awards vest over three years; forfeiture if retirement before second anniversary; prorated after year 2.
Awards excepted from CEO's 2018 retirement arrangement, requiring continued service for vesting.
Performance shares pay out 0%-200% of target based on financial measures over three-year period.
Chairman Richard Lenny cited CEO's transformational leadership and high integrity.

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