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
  1. Includes shares acquired pursuant to the Darden Restaurants, Inc. Employee Stock Purchase Plan and dividend reinvestment feature of the Plan.
  2. Performance restricted stock units convert into common stock on a one-for-one basis.
  3. 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.
  4. This grant vested in two equal annual installments beginning on July 24, 2022.
  5. This option vested in two equal annual installments beginning on July 27, 2019.