Form 4 for DRI Darden Restaurants
Accepted 2022-07-27 00:00:00 ET · period of report 2022-07-25 · accession 0001225208-22-009008 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2022-07-27 | 2022-07-25 | DRI | Kiernan Daniel J. | Pres, Olive Garden | D - Sale to Iss | $119.87 | -78 | 0 | -100% | -$9,350 |
| D | 2022-07-27 | 2022-07-25 | DRI | Kiernan Daniel J. | Pres, Olive Garden | F - Tax | $118.78 | -807 | 16.0K | -5% | -$95.9K |
| DI | 2022-07-27 | 2022-07-25 | DRI | Kiernan Daniel J. | Pres, Olive Garden | M - OptEx | $0.00 | +78 | 78 | New | $0 |
| D | 2022-07-27 | 2022-07-25 | DRI | Kiernan Daniel J. | Pres, Olive Garden | M - OptEx | $0.00 | +2,129 | 16.9K | +14% | $0 |
| DI | 2022-07-27 | 2022-07-25 | DRI | Kiernan Daniel J. | Pres, Olive Garden | M - OptEx | $0.00 | -78 | 0 | -100% | $0 |
| D | 2022-07-27 | 2022-07-25 | DRI | Kiernan Daniel J. | Pres, Olive Garden | M - OptEx | $0.00 | -2,129 | 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 | D | D | 78 | $119.87 | 0 | I | — | — | |
| 2 | Common | Common Stock | 2022-07-25 | F | D | 807 | $118.78 | 16,043.09 | D By Spouse | — | — | |
| 3 | Common | Common Stock | 2022-07-25 | M | A | 78 | $0.00 | 78 | I | — | — | (F2) 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. |
| 4 | Common | Common Stock | 2022-07-25 | M | A | 2,129 | $0.00 | 16,850.09 | D By Spouse | — | — | (F1) Performance restricted stock units convert into common stock on a one-for-one basis. |
| 5 | Derivative | Restricted Stock Units (DSU) | 2022-07-25 | M | D | 78 | $0.00 | 0 | I | — · — to 2022-07-25 | 78 Common Stock | (F2) 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. (F6) Vested in two equal annual installments beginning on July 25, 2021. |
| 6 | Derivative | Performance Restricted Stock Units (FY19) | 2022-07-25 | M | D | 2,129 | $0.00 | 0 | D By Spouse | — · — to 2022-07-25 | 2,129 Common Stock | (F4) Includes 196 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. (F5) This grant vested in two equal annual installments beginning on July 25, 2021. |