Form 4 for DRI Darden Restaurants
Accepted 2021-07-09 00:00:00 ET · period of report 2021-07-07 · accession 0001225208-21-010528 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2021-07-09 | 2021-07-07 | DRI | Renninger Richard L. | SVP, Chief Development Off | S - Sale+OE | $149.45 | -9,000 | 17.7K | -34% | -$1.35M |
| D | 2021-07-09 | 2021-07-07 | DRI | Renninger Richard L. | SVP, Chief Development Off | M - OptEx | $59.68 | +9,000 | 26.7K | +51% | +$537.1K |
| D | 2021-07-09 | 2021-07-07 | DRI | Renninger Richard L. | SVP, Chief Development Off | M - OptEx | $0.00 | -9,000 | 9,578 | -48% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-07-07 | S | D | 9,000 | $149.45 | 17,659 | D | — | — | (F1) This transaction was executed in multiple trades at prices ranging from $149.30 to $149.62. 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. |
| 2 | Common | Common Stock | 2021-07-07 | M | A | 9,000 | $59.68 | 26,659 | D | — | — | |
| 3 | Derivative | Stock Option (Right to Buy) | 2021-07-07 | M | D | 9,000 | $0.00 | 9,578 | D | $59.68 · — to 2026-07-27 | 9,000 Common Stock | (F2) This option vested in two equal annual installments beginning on July 27, 2019. |