Form 4 for DRI Darden Restaurants
Accepted 2022-07-27 00:00:00 ET · period of report 2022-07-25 · accession 0001225208-22-009006 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-07-27 | 2022-07-25 | DRI | Cardenas Ricardo | Pres, CEO, Dir | M - OptEx | $0.00 | +3,955 | 49.7K | +9% | $0 |
| D | 2022-07-27 | 2022-07-25 | DRI | Cardenas Ricardo | Pres, CEO, Dir | F - Tax | $118.78 | -1,558 | 48.1K | -3% | -$185.1K |
| D | 2022-07-27 | 2022-07-25 | DRI | Cardenas Ricardo | Pres, CEO, Dir | M - OptEx | $0.00 | -3,955 | 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 | 2022-07-25 | M | A | 3,955 | $0.00 | 49,655.26 | D | — | — | (F1) Performance restricted stock units convert into common stock on a one-for-one basis. |
| 2 | Common | Common Stock | 2022-07-25 | F | D | 1,558 | $118.78 | 48,097.26 | D | — | — | (F2) Includes shares acquired pursuant to the Darden Restaurants, Inc. Employee Stock Purchase Plan. |
| 3 | Derivative | Performance Restricted Stock Units (FY19) | 2022-07-25 | M | D | 3,955 | $0.00 | 0 | D | — · — to 2022-07-25 | 3,955 Common Stock | (F3) Includes 364 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 vested in two equal annual installments beginning on July 25, 2021. |