Form 4 for DRI Darden Restaurants
Accepted 2021-07-29 00:00:00 ET · period of report 2021-07-26 · accession 0001225208-21-010931 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMI | 2021-07-29 | 2021-07-26+ | DRI | Kiernan Daniel J. | Pres, Olive Garden | D - Sale to Iss | $146.10 | -170 | 78 | -69% | -$24.8K |
| DMI | 2021-07-29 | 2021-07-26+ | DRI | Kiernan Daniel J. | Pres, Olive Garden | M - OptEx | $0.00 | +170 | 78 | New | $0 |
| DM | 2021-07-29 | 2021-07-28 | DRI | Kiernan Daniel J. | Pres, Olive Garden | A - Grant | $0.00 | +10.1K | 7,877 | New | $0 |
| DMI | 2021-07-29 | 2021-07-26+ | DRI | Kiernan Daniel J. | Pres, Olive Garden | M - OptEx | $0.00 | -170 | 78 | -69% | $0 |
| DI | 2021-07-29 | 2021-07-28 | DRI | Kiernan Daniel J. | Pres, Olive Garden | A - Grant | $0.00 | +170 | 170 | New | $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 | 2021-07-27 | D | D | 53 | $147.48 | 0 | I By Spouse | — | — | |
| 2 | Common | Common Stock | 2021-07-27 | M | A | 53 | $0.00 | 53 | I By Spouse | — | — | (F1) Each restricted stock unit (Darden Stock Unit "DSU") is the economic equivalent of one share of DRI common stock. The restricted stock unit (DSU) becomes payable in cash upon vesting. |
| 3 | Common | Common Stock | 2021-07-26 | D | D | 78 | $145.48 | 0 | I By Spouse | — | — | |
| 4 | Common | Common Stock | 2021-07-26 | D | D | 39 | $145.48 | 78 | I By Spouse | — | — | |
| 5 | Common | Common Stock | 2021-07-26 | M | A | 39 | $0.00 | 117 | I By Spouse | — | — | (F1) Each restricted stock unit (Darden Stock Unit "DSU") is the economic equivalent of one share of DRI common stock. The restricted stock unit (DSU) becomes payable in cash upon vesting. |
| 6 | Common | Common Stock | 2021-07-26 | M | A | 78 | $0.00 | 78 | I By Spouse | — | — | (F1) Each restricted stock unit (Darden Stock Unit "DSU") is the economic equivalent of one share of DRI common stock. The restricted stock unit (DSU) becomes payable in cash upon vesting. |
| 7 | Derivative | Restricted Stock Units (FY22 Annual Grant) | 2021-07-28 | A | A | 2,213 | $0.00 | 2,213 | D By Spouse | — · 2024-07-28 to 2024-07-28 | 2,213 Common Stock | (F3) Restricted stock units convert into common stock on a one-for-one basis. |
| 8 | Derivative | Stock Option (Right to Buy) | 2021-07-28 | A | A | 7,877 | $0.00 | 7,877 | D By Spouse | $148.20 · — to 2031-07-28 | 7,877 Common Stock | (F4) This option vests in two equal annual installments beginning on July 28, 2024. |
| 9 | Derivative | Restricted Stock Units (DSU) | 2021-07-26 | M | D | 39 | $0.00 | 0 | I By Spouse | — · — to 2021-07-26 | 39 Common Stock | (F1) Each restricted stock unit (Darden Stock Unit "DSU") is the economic equivalent of one share of DRI common stock. The restricted stock unit (DSU) becomes payable in cash upon vesting. (F7) This grant vested in two equal annual installments beginning on July 26, 2020. |
| 10 | Derivative | Restricted Stock Units (DSU) | 2021-07-27 | M | D | 53 | $0.00 | 0 | I | — · — to 2021-07-27 | 53 Common Stock | (F1) Each restricted stock unit (Darden Stock Unit "DSU") is the economic equivalent of one share of DRI common stock. The restricted stock unit (DSU) becomes payable in cash upon vesting. (F8) This grant vested in two equal annual installments beginning on July 27, 2020. |
| 11 | Derivative | Restricted Stock Units (DSU) | 2021-07-28 | A | A | 170 | $0.00 | 170 | I | — · — to 2025-07-28 | 170 Common Stock | (F1) Each restricted stock unit (Darden Stock Unit "DSU") is the economic equivalent of one share of DRI common stock. The restricted stock unit (DSU) becomes payable in cash upon vesting. (F9) This grant vests in two equal annual installments beginning on July 28, 2024. |
| 12 | Derivative | Restricted Stock Units (DSU) | 2021-07-26 | M | D | 78 | $0.00 | 78 | I By Spouse | — · — to 2022-07-25 | 78 Common Stock | (F6) The reporting person disclaims beneficial ownership of these units. (F1) Each restricted stock unit (Darden Stock Unit "DSU") is the economic equivalent of one share of DRI common stock. The restricted stock unit (DSU) becomes payable in cash upon vesting. (F5) This grant vests in two equal annual installments beginning on July 25, 2021. |