Form 4 for DRI Darden Restaurants
Accepted 2021-08-02 00:00:00 ET · period of report 2021-07-29 · accession 0001225208-21-010989 · 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 | 2021-08-02 | 2021-07-29 | DRI | Burrowes Todd | Pres, LongHorn Steakhouse | S - Sale+OE | $150.08 | -22.2K | 50.8K | -30% | -$3.33M |
| DM | 2021-08-02 | 2021-07-29 | DRI | Burrowes Todd | Pres, LongHorn Steakhouse | M - OptEx | $62.03 | +22.2K | 50.8K | +77% | +$1.37M |
| DM | 2021-08-02 | 2021-07-29 | DRI | Burrowes Todd | Pres, LongHorn Steakhouse | M - OptEx | $0.00 | -22.2K | 0 | -100% | $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 | 2021-07-29 | S | D | 12,414 | $150.08 | 38,433.46 | D | — | — | (F3) This transaction was executed in multiple trades at prices ranging from $150.00 to $150.28. 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 | 2021-07-29 | S | D | 9,743 | $150.07 | 50,847.46 | D | — | — | (F2) This transaction was executed in multiple trades at prices ranging from $150.00 to $150.32. 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. |
| 3 | Common | Common Stock | 2021-07-29 | M | A | 9,743 | $65.02 | 60,590.46 | D | — | — | |
| 4 | Common | Common Stock | 2021-07-29 | M | A | 12,414 | $59.68 | 50,847.46 | D | — | — | |
| 5 | Derivative | Stock Option (Right to Buy) | 2021-07-29 | M | D | 9,743 | $0.00 | 0 | D | $65.02 · — to 2025-07-29 | 9,743 Common Stock | (F5) This option vested in two equal annual installments beginning on July 29, 2018. |
| 6 | Derivative | Stock Option (Right to Buy) | 2021-07-29 | M | D | 12,414 | $0.00 | 0 | D | $59.68 · — to 2026-07-27 | 12,414 Common Stock | (F4) This option vested in two equal annual installments beginning on July 27, 2019. |