Form 4 for DRI Darden Restaurants
Accepted 2021-07-16 00:00:00 ET · period of report 2021-07-14 · accession 0001225208-21-010681 · 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 | 2021-07-16 | 2021-07-14 | DRI | Burrowes Todd | Pres, LongHorn Steakhouse | S - Sale+OE | $150.02 | -4,500 | 33.5K | -12% | -$675.1K |
| DM | 2021-07-16 | 2021-07-14 | DRI | Burrowes Todd | Pres, LongHorn Steakhouse | M - OptEx | $61.82 | +4,500 | 36.2K | +14% | +$278.2K |
| DM | 2021-07-16 | 2021-07-14 | DRI | Burrowes Todd | Pres, LongHorn Steakhouse | M - OptEx | $0.00 | -4,500 | 12.4K | -27% | $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 | 2021-07-14 | S | D | 1,800 | $150.02 | 36,177.46 | D | — | — | (F2) This transaction was executed in multiple trades at prices ranging from $150.00 to $150.07. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide uponrequest 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 | 2021-07-14 | M | A | 1,800 | $65.02 | 37,977.46 | D | — | — | |
| 3 | Common | Common Stock | 2021-07-14 | M | A | 2,700 | $59.68 | 36,177.46 | D | — | — | |
| 4 | Common | Common Stock | 2021-07-14 | S | D | 2,700 | $150.02 | 33,477.46 | D | — | — | (F2) This transaction was executed in multiple trades at prices ranging from $150.00 to $150.07. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide uponrequest 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) | 2021-07-14 | M | D | 1,800 | $0.00 | 9,743 | D | $65.02 · — to 2025-07-29 | 1,800 Common Stock | (F4) This option vested in two equal annual installments beginning on July 29, 2018. |
| 6 | Derivative | Stock Option (Right to Buy) | 2021-07-14 | M | D | 2,700 | $0.00 | 12,414 | D | $59.68 · — to 2026-07-27 | 2,700 Common Stock | (F3) This option vested in two equal annual installments beginning on July 27, 2019. |