Form 4 for DRI Darden Restaurants
Accepted 2021-07-27 00:00:00 ET · period of report 2021-07-25 · accession 0001225208-21-010879 · 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 | 2021-07-27 | 2021-07-25+ | DRI | Burrowes Todd | Pres, LongHorn Steakhouse | F - Tax | $144.52 | -3,219 | 36.8K | -8% | -$465.2K |
| DM | 2021-07-27 | 2021-07-25+ | DRI | Burrowes Todd | Pres, LongHorn Steakhouse | M - OptEx | $0.00 | +8,175 | 36.4K | +29% | $0 |
| DM | 2021-07-27 | 2021-07-25+ | DRI | Burrowes Todd | Pres, LongHorn Steakhouse | M - OptEx | $0.00 | -8,175 | 2,762 | -75% | $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 | 2021-07-25 | F | D | 1,026 | $144.52 | 37,963.46 | D | — | — | |
| 2 | Common | Common Stock | 2021-07-26 | F | D | 1,049 | $144.52 | 38,433.46 | D | — | — | |
| 3 | Common | Common Stock | 2021-07-26 | M | A | 2,663 | $0.00 | 39,482.46 | D | — | — | (F1) Performance restricted stock units convert into common stock on a one-for-one basis. |
| 4 | Common | Common Stock | 2021-07-25 | F | D | 1,144 | $144.52 | 36,819.46 | D | — | — | |
| 5 | Common | Common Stock | 2021-07-25 | M | A | 2,606 | $0.00 | 38,989.46 | D | — | — | (F2) Restricted stock units convert into common stock on a one-for-one basis. |
| 6 | Common | Common Stock | 2021-07-25 | M | A | 2,906 | $0.00 | 36,383.46 | D | — | — | (F1) Performance restricted stock units convert into common stock on a one-for-one basis. |
| 7 | Derivative | Performance Restricted Stock Units (FY18) | 2021-07-26 | M | D | 2,663 | $0.00 | 0 | D | — · — to 2021-07-26 | 2,663 Common Stock | (F5) Includes 175 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. (F1) Performance restricted stock units convert into common stock on a one-for-one basis. (F6) This grant vested in two equal installments beginning on July 26, 2020. |
| 8 | Derivative | Restricted Stock Units (FY19 Annual Grant) | 2021-07-25 | M | D | 2,606 | $0.00 | 0 | D | — · 2021-07-25 to 2021-07-25 | 2,606 Common Stock | (F2) Restricted stock units convert into common stock on a one-for-one basis. |
| 9 | Derivative | Performance Restricted Stock Units (FY19) | 2021-07-25 | M | D | 2,906 | $0.00 | 2,762.36 | D | — · — to 2022-07-25 | 2,906 Common Stock | (F3) Includes 144 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. (F1) Performance restricted stock units convert into common stock on a one-for-one basis. (F4) This grant vests in two equal annual installments beginning on July 25, 2021. |