Form 4 for DRI Darden Restaurants
Accepted 2022-01-07 00:00:00 ET · period of report 2022-01-05 · accession 0001225208-22-000565 · 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 | 2022-01-07 | 2022-01-05 | DRI | LEE EUGENE I JR | COB, CEO, Dir | S - Sale+OE | $152.38 | -76.7K | 261.7K | -23% | -$11.69M |
| D | 2022-01-07 | 2022-01-05 | DRI | LEE EUGENE I JR | COB, CEO, Dir | M - OptEx | $85.83 | +76.7K | 299.2K | +34% | +$6.59M |
| D | 2022-01-07 | 2022-01-05 | DRI | LEE EUGENE I JR | COB, CEO, Dir | M - OptEx | $0.00 | -76.7K | 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 | 2022-01-05 | S | D | 39,211 | $151.89 | 222,480 | D | — | — | (F2) This transaction was executed in multiple trades at prices ranging from $151.62 to $152.59. 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 | 2022-01-05 | M | A | 76,725 | $85.83 | 299,205 | D | — | — | |
| 3 | Common | Common Stock | 2022-01-05 | S | D | 37,514 | $152.89 | 261,691 | D | — | — | (F1) This transaction was executed in multiple trades at prices ranging from $152.64 to $152.96. 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 | Derivative | Stock Option (Right to Buy) | 2022-01-05 | M | D | 76,725 | $0.00 | 0 | D | $85.83 · — to 2027-07-26 | 76,725 Common Stock | (F3) This option vested in two equal annual installments beginning on July 26, 2020. |