Form 4 for DRI Darden Restaurants
Accepted 2023-08-03 00:00:00 ET · period of report 2023-08-01 · accession 0001225208-23-007919 · 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 | 2023-08-03 | 2023-08-01 | DRI | LEE EUGENE I JR | Dir, COB | S - Sale+OE | $166.90 | -74.7K | 220.1K | -25% | -$12.47M |
| D | 2023-08-03 | 2023-08-01 | DRI | LEE EUGENE I JR | Dir, COB | M - OptEx | $78.84 | +33.9K | 232.7K | +17% | +$2.67M |
| D | 2023-08-03 | 2023-08-01 | DRI | LEE EUGENE I JR | Dir, COB | M - OptEx | $0.00 | -33.9K | 33.9K | -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 | 2023-08-01 | S | D | 14,597 | $167.36 | 205,474 | D | — | — | (F2) This transaction was executed in multiple trades at prices ranging from $167.17 to $167.6371. 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 | 2023-08-01 | S | D | 26,221 | $166.64 | 157,957 | D | — | — | (F4) This transaction was executed in multiple trades at prices ranging from $166.165 to $167.16. 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 | 2023-08-01 | S | D | 21,296 | $166.63 | 184,178 | D | — | — | (F3) This transaction was executed in multiple trades at prices ranging from $166.15 to $167.13. 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 | 2023-08-01 | S | D | 12,627 | $167.34 | 220,071 | D | — | — | (F1) This transaction was executed in multiple trades at prices ranging from $167.16 to $167.65. 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 | Common | Common Stock | 2023-08-01 | M | A | 33,923 | $78.84 | 232,698 | D | — | — | |
| 6 | Derivative | Stock Option (Right to Buy) | 2023-08-01 | M | D | 33,923 | $0.00 | 33,924 | D | $78.84 · — to 2030-07-29 | 33,923 Common Stock | (F5) This option vests in two equal annual installments beginning on July 29, 2023. |