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Filing Details

Accession Number:
0001225208-19-010746
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-07-31 17:52:54
Reporting Period:
2019-07-29
Accepted Time:
2019-07-31 17:52:54
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
1518780 R Matthew Broad 1000 Darden Center Drive
Orlando FL 32837
Svp General Counsel 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 2019-07-29 2,192 $0.00 8,726 No 4 M Direct
Common Stock Acquisiton 2019-07-29 1,856 $0.00 10,582 No 4 M Direct
Common Stock Disposition 2019-07-29 1,084 $125.96 9,498 No 4 F Direct
Common Stock Acquisiton 2019-07-30 3,000 $59.01 12,498 No 4 M Direct
Common Stock Disposition 2019-07-30 1,200 $125.17 11,298 No 4 S Direct
Common Stock Disposition 2019-07-30 3,000 $125.24 8,298 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 M Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Performance Stock Units (FY16) Disposition 2019-07-29 1,856 $0.00 1,856 $0.00
Common Stock Performance Stock Units (FY16) Disposition 2019-07-29 2,192 $0.00 2,192 $0.00
Common Stock Stock Option (Right to Buy) Disposition 2019-07-30 3,000 $0.00 3,000 $59.01
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
2,192 2019-07-29 No 4 M Direct
0 2019-07-29 No 4 M Direct
9,516 2025-10-13 No 4 M Direct
Footnotes
  1. Performance stock units convert into common stock on a one-for-one basis.
  2. Includes 138 additional shares delivered as dividend equivalents upon settlement pursuant to the terms of the applicable award agreement. Fractional shares are settled in cash pursuant to the terms of the award agreement.
  3. This grant vested in two equal annual installments beginning on July 29, 2018.
  4. Includes 163 additional shares delivered as dividend equivalents upon settlement pursuant to the terms of the applicable award agreement. Fractional shares are settled in cash pursuant to the terms of the award agreement.
  5. This option vests in two equal annual installments beginning on the third anniversary of the grant.
  6. The number of stock options was adjusted in connection with the spin-off (the Spin-Off) of Four Corners Property Trust, Inc. (FCPT) from Darden Restaurants, Inc. (Darden) on November 9, 2015. The adjustment reflects the product of (i) the number of shares subject to the stock option awards immediately prior to the Spin-Off and (ii) the ratio of (A) the pre-Spin-Off closing price on November 9, 2015 of Darden Common Stock (Darden Pre-Spin-Off Price) and (B) the difference between the Darden Pre-Spin-Off Price and the volume weighted average price of FCPT Common Stock trading on the NYSE on the trading day immediately following the distribution date (adjusted to reflect the Darden-to-FCPT pro rata share distribution ratio in the Spin-Off).