Form 4 for DRI Darden Restaurants
Accepted 2023-06-28 00:00:00 ET · period of report 2023-06-26 · accession 0001225208-23-007013 · 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 | 2023-06-28 | 2023-06-26+ | DRI | LEE EUGENE I JR | Dir, COB | S - Sale+OE | $160.91 | -40.7K | 191.0K | -18% | -$6.55M |
| D | 2023-06-28 | 2023-06-26 | DRI | LEE EUGENE I JR | Dir, COB | M - OptEx | $124.24 | +31.8K | 231.7K | +16% | +$3.95M |
| D | 2023-06-28 | 2023-06-26 | DRI | LEE EUGENE I JR | Dir, COB | M - OptEx | $0.00 | -31.8K | 31.8K | -50% | $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 | 2023-06-26 | S | D | 2,265 | $160.73 | 229,409 | D | — | — | (F1) This transaction was executed in multiple trades at prices ranging from $160.66 to $160.8392. 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 | 2023-06-26 | M | A | 31,818 | $124.24 | 231,674 | D | — | — | |
| 3 | Common | Common Stock | 2023-06-26 | S | D | 29,553 | $160.26 | 199,856 | D | — | — | (F2) This transaction was executed in multiple trades at prices ranging from $159.66 to $160.63. 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 | Common | Common Stock | 2023-06-27 | S | D | 8,899 | $163.12 | 190,957 | D | — | — | (F3) This transaction was executed in multiple trades at prices ranging from $163.05 to $163.20. 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. |
| 5 | Derivative | Stock Option (Right to Buy) | 2023-06-26 | M | D | 31,818 | $0.00 | 31,818 | D | $124.24 · — to 2029-07-24 | 31,818 Common Stock | (F4) This option vests in two equal annual installments beginning on July 24, 2022. |