Form 4 for DRI Darden Restaurants
Accepted 2023-03-30 00:00:00 ET · period of report 2023-03-28 · accession 0001225208-23-004320 · 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 | 2023-03-30 | 2023-03-28 | DRI | LEE EUGENE I JR | Dir, COB | S - Sale+OE | $153.93 | -78.9K | 199.9K | -28% | -$12.15M |
| D | 2023-03-30 | 2023-03-28 | DRI | LEE EUGENE I JR | Dir, COB | M - OptEx | $107.05 | +78.9K | 278.8K | +39% | +$8.45M |
| D | 2023-03-30 | 2023-03-28 | DRI | LEE EUGENE I JR | Dir, COB | M - OptEx | $0.00 | -78.9K | 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 | 2023-03-28 | S | D | 31,349 | $154.30 | 247,423 | D | — | — | (F1) This transaction was executed in multiple trades at prices ranging from $154.18 to $154.56. 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 | 2023-03-28 | S | D | 47,567 | $153.69 | 199,856 | D | — | — | (F2) This transaction was executed in multiple trades at prices ranging from $153.18 to $154.17. 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 | 2023-03-28 | M | A | 78,916 | $107.05 | 278,772 | D | — | — | |
| 4 | Derivative | Stock Option (Right to Buy) | 2023-03-28 | M | D | 78,916 | $0.00 | 0 | D | $107.05 · — to 2028-07-25 | 78,916 Common Stock | (F3) This option vested in two equal annual installments beginning July 25, 2021. |