Form 4 for DRI Darden Restaurants
Accepted 2022-10-31 00:00:00 ET · period of report 2022-10-28 · accession 0001225208-22-011232 · 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 | 2022-10-31 | 2022-10-28 | DRI | Kiernan Daniel J. | Pres, Olive Garden | S - Sale+OE | $140.53 | -10.3K | 25.1K | -29% | -$1.45M |
| DM | 2022-10-31 | 2022-10-28 | DRI | Kiernan Daniel J. | Pres, Olive Garden | M - OptEx | $41.81 | +10.3K | 22.8K | +82% | +$430.3K |
| DM | 2022-10-31 | 2022-10-28 | DRI | Kiernan Daniel J. | Pres, Olive Garden | M - OptEx | $0.00 | -10.3K | 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 | 2022-10-28 | S | D | 9,028 | $140.47 | 16,043.09 | D | — | — | (F2) This transaction was executed in multiple trades at prices ranging from $139.88 to $140.84. 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 | 2022-10-28 | S | D | 1,262 | $140.94 | 25,071.09 | D | — | — | (F1) This transaction was executed in multiple trades at prices ranging from $140.90 to $141.03. 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 | 2022-10-28 | M | A | 3,500 | $39.53 | 26,333.09 | D | — | — | |
| 4 | Common | Common Stock | 2022-10-28 | M | A | 6,790 | $42.99 | 22,833.09 | D | — | — | |
| 5 | Derivative | Stock Option (Right to Buy) | 2022-10-28 | M | D | 3,500 | $0.00 | 12,639 | D | $39.53 · — to 2024-07-23 | 3,500 Common Stock | (F4) On 7/23/18, the reporting person exercised and sold 4,127 stock options at $111.3439 pursuant to a domestic relations order. (F3) This option vested in two equal annual installments beginning July 23, 2017. |
| 6 | Derivative | Stock Option (Right to Buy) | 2022-10-28 | M | D | 6,790 | $0.00 | 0 | D | $42.99 · — to 2023-07-24 | 6,790 Common Stock | (F5) This option vested in two equal annual installments beginning July 24, 2016. |