Filing Details
- Accession Number:
- 0001225208-23-007028
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-06-30 11:30:28
- Reporting Period:
- 2023-06-29
- Accepted Time:
- 2023-06-30 11:30:28
- 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 |
|---|---|---|---|---|---|---|---|
| 1728674 | J. Daniel Kiernan | 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 | 2023-06-29 | 12,639 | $39.53 | 28,682 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2023-06-29 | 12,639 | $165.09 | 16,043 | 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 | 2023-06-29 | 12,639 | $0.00 | 12,639 | $39.53 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2024-07-23 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 138 | Indirect | By 401k and Spouse's 401k |
Footnotes
- This transaction was executed in multiple trades at prices ranging from $164.94 to $165.17. 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.
- This option vested in two equal annual installments beginning on July 23, 2017.
- On July 23, 2018, the reporting person exercised and sold 4,127 stock options at $111.3439 pursuant to a domestic relations order. No Form 4s are required to report transactions pursuant to a domestic relations order such as a marital settlement agreement. Any changes to the aggregate non-derivative or common stock holdings will be footnoted in the next applicable future filing. (No changes to common stock as a result of this exercise/sale.)
Billionaire Hedge Funds
