Filing Details

Accession Number:
0001225208-23-007598
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-07-20 16:50:41
Reporting Period:
2023-07-19
Accepted Time:
2023-07-20 16:50:41
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
1242843 Jr I Eugene Lee 1000 Darden Center Drive
Orlando FL 32837
Yes No No Yes
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 Disposition 2023-07-19 33,000 $170.09 0 No 4 S Indirect By Kiawah Creek 2, LLC
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By Kiawah Creek 2, LLC
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 157,957 Direct
Footnotes
  1. Kiawah Creek 2, LLC, a limited liability company owned by the reporting person, contributed Darden Restaurants, Inc. (DRI) common stock to an exchange fund in exchange for units of the exchange fund. The transaction with the exchange fund closed on July 19, 2023, pursuant to a subscription agreement signed on March 27, 2023 by Kiawah Creek 2, LLC.
  2. On July 5, 2023, 33,000 directly held common shares were transferred to Kiawah Creek 2, LLC, a limited liability company owned by the reporting person, at which time those shares became indirectly owned by the reporting person.
  3. The price per share used by the exchange fund for the DRI common stock contributed by Kiawah Creek 2, LLC was based on the closing price as of July 18, 2023, the day before the exchange fund transaction closed.