Filing Details

Accession Number:
0001225208-10-002123
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-01-22 12:00:00
Reporting Period:
2010-01-20
Filing Date:
2010-01-22
Accepted Time:
2010-01-22 15:54:47
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
940944 Darden Restaurants Inc DRI Retail-Eating Places (5812) 593305930
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1310069 T David Pickens 1000 Darden Center Drive
Orlando FL 32837
President, Olive Garden No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2010-01-20 45,600 $10.50 100,083 No 4 M Direct
Common Stock Disposition 2010-01-20 45,600 $36.34 54,483 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (Right to Buy) Disposition 2010-01-20 45,600 $0.00 45,600 $10.50
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2002-06-21 2010-06-21 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 647 Indirect Savings Plan
Footnotes
  1. This transaction was executed in multiple trades at prices ranging from $36.25 to $36.50. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.
  2. The number of shares reported is based on a plan statement dated December 31 2009, and is derived from an undivided interest in a fund consisting of both Darden common stock and a small cash position that fluctuates from time to time. The number of shares reported may change based on the size of the cash position at the time of reporting and dividend reinvestments.
  3. The option vested in three equal annual installments beginning on the second anniversary of the grant.