Form 4 for DRI Darden Restaurants
Accepted 2021-07-14 00:00:00 ET · period of report 2021-07-12 · accession 0001225208-21-010660 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2021-07-14 | 2021-07-12 | DRI | Burrowes Todd | Pres, LongHorn Steakhouse | M - OptEx | $62.38 | +13.3K | 40.2K | +49% | +$826.9K |
| DM | 2021-07-14 | 2021-07-12 | DRI | Burrowes Todd | Pres, LongHorn Steakhouse | S - Sale+OE | $150.01 | -13.3K | 40.2K | -25% | -$1.99M |
| DM | 2021-07-14 | 2021-07-12 | DRI | Burrowes Todd | Pres, LongHorn Steakhouse | M - OptEx | $0.00 | -13.3K | 15.1K | -47% | $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 | 2021-07-12 | M | A | 6,556 | $59.68 | 46,733.46 | D | — | — | |
| 2 | Common | Common Stock | 2021-07-12 | M | A | 6,700 | $65.02 | 40,177.46 | D | — | — | |
| 3 | Common | Common Stock | 2021-07-12 | S | D | 6,700 | $150.01 | 33,477.46 | D | — | — | (F2) This transaction was executed in multiple trades at prices ranging from $150.00 to $150.12. 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 | Common | Common Stock | 2021-07-12 | S | D | 6,556 | $150.02 | 40,177.46 | D | — | — | (F2) This transaction was executed in multiple trades at prices ranging from $150.00 to $150.12. 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. |
| 5 | Derivative | Stock Option (Right to Buy) | 2021-07-12 | M | D | 6,700 | $0.00 | 11,543 | D | $65.02 · — to 2025-07-29 | 6,700 Common Stock | (F4) This option vested in two equal annual installments beginning on July 29, 2018. |
| 6 | Derivative | Stock Option (Right to Buy) | 2021-07-12 | M | D | 6,556 | $0.00 | 15,114 | D | $59.68 · — to 2026-07-27 | 6,556 Common Stock | (F3) This option vested in two equal annual installments beginning on July 27, 2019. |