Form 4 for DRI Darden Restaurants
Accepted 2023-07-26 00:00:00 ET · period of report 2023-07-24 · accession 0001225208-23-007682 · 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 | 2023-07-26 | 2023-07-24 | DRI | Burrowes Todd | Pres, LongHorn Steakhouse | M - OptEx | $0.00 | +1,196 | 41.4K | +3% | $0 |
| D | 2023-07-26 | 2023-07-24 | DRI | Burrowes Todd | Pres, LongHorn Steakhouse | F - Tax | $170.37 | -471 | 40.9K | -1% | -$80.2K |
| D | 2023-07-26 | 2023-07-24 | DRI | Burrowes Todd | Pres, LongHorn Steakhouse | M - OptEx | $0.00 | -1,196 | 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 | 2023-07-24 | M | A | 1,196 | $0.00 | 41,379.91 | D | — | — | (F1) Performance restricted stock units convert into common stock on a one-for-one basis. (F2) Includes shares acquired pursuant to the Darden Restaurants, Inc. Employee Stock Purchase Plan and dividend reinvestment feature of the Plan. |
| 2 | Common | Common Stock | 2023-07-24 | F | D | 471 | $170.37 | 40,908.91 | D | — | — | (F2) Includes shares acquired pursuant to the Darden Restaurants, Inc. Employee Stock Purchase Plan and dividend reinvestment feature of the Plan. |
| 3 | Derivative | Performance Restricted Stock Units (FY20) | 2023-07-24 | M | D | 1,196 | $0.00 | 0 | D | — · — to 2023-07-24 | 1,196 Common Stock | (F1) Performance restricted stock units convert into common stock on a one-for-one basis. (F3) This grant vested in two equal annual installments beginning on July 24, 2022. |