Form 4 for DRI Darden Restaurants
Accepted 2023-08-01 00:00:00 ET · period of report 2023-07-29 · accession 0001225208-23-007838 · 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 | 2023-08-01 | 2023-07-29 | DRI | Broad Matthew R | SVP GC | M - OptEx | $0.00 | +6,730 | 24.0K | +39% | $0 |
| DM | 2023-08-01 | 2023-07-29 | DRI | Broad Matthew R | SVP GC | F - Tax | $167.52 | -2,649 | 21.4K | -11% | -$443.8K |
| DM | 2023-08-01 | 2023-07-29 | DRI | Broad Matthew R | SVP GC | M - OptEx | $0.00 | -6,730 | 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 | 2023-07-29 | M | A | 4,038 | $0.00 | 21,341.53 | 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 | 2023-07-29 | M | A | 2,692 | $0.00 | 24,033.53 | D | — | — | (F3) 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. |
| 3 | Common | Common Stock | 2023-07-29 | F | D | 1,060 | $167.52 | 22,973.53 | D | — | — | (F2) Includes shares acquired pursuant to the Darden Restaurants, Inc. Employee Stock Purchase Plan and dividend reinvestment feature of the Plan. |
| 4 | Common | Common Stock | 2023-07-29 | F | D | 1,589 | $167.52 | 21,384.53 | D | — | — | (F2) Includes shares acquired pursuant to the Darden Restaurants, Inc. Employee Stock Purchase Plan and dividend reinvestment feature of the Plan. |
| 5 | Derivative | Performance Restricted Stock Units (FY21) | 2023-07-29 | M | D | 4,038 | $0.00 | 4,038 | D | — · — to 2024-07-29 | 4,038 Common Stock | (F1) Performance restricted stock units convert into common stock on a one-for-one basis. (F4) This grant vests in two equal annual installments beginning on July 29, 2023. |
| 6 | Derivative | Restricted Stock Units (FY21 Annual Grant) | 2023-07-29 | M | D | 2,692 | $0.00 | 0 | D | — · 2023-07-29 to 2023-07-29 | 2,692 Common Stock | (F3) Restricted stock units convert into common stock on a one-for-one basis. |