Filing Details
- Accession Number:
- 0001225208-23-007680
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-07-26 14:30:09
- Reporting Period:
- 2023-07-24
- Accepted Time:
- 2023-07-26 14:30:09
- 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 |
|---|---|---|---|---|---|---|---|
| 1653795 | Ricardo Cardenas | 1000 Darden Center Drive Orlando FL 32837 | President And Ceo | Yes | 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 | 2023-07-24 | 23,222 | $59.68 | 70,141 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2023-07-24 | 1,794 | $0.00 | 71,935 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2023-07-24 | 706 | $170.37 | 71,229 | No | 4 | F | Direct | |
| Common Stock | Disposition | 2023-07-24 | 23,222 | $170.04 | 48,007 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Performance Restricted Stock Units (FY20) | Disposition | 2023-07-24 | 1,794 | $0.00 | 1,794 | $0.00 |
| Common Stock | Stock Option (Right to Buy) | Disposition | 2023-07-24 | 23,222 | $0.00 | 23,222 | $59.68 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2023-07-24 | No | 4 | M | Direct | |
| 23,222 | 2026-07-27 | No | 4 | M | Direct |
Footnotes
- Includes shares acquired pursuant to the Darden Restaurants, Inc. Employee Stock Purchase Plan and dividend reinvestment feature of the Plan.
- Performance restricted stock units convert into common stock on a one-for-one basis.
- This transaction was executed in multiple trades at prices ranging from $170.00 to $170.20. 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 grant vested in two equal annual installments beginning on July 24, 2022.
- This option vested in two equal annual installments beginning on July 27, 2019.
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