Form 4 for DRI Darden Restaurants
Accepted 2024-07-30 00:00:00 ET · period of report 2024-07-28 · accession 0001225208-24-007676 · 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 | 2024-07-30 | 2024-07-28 | DRI | Cardenas Ricardo | Pres, CEO, Dir | M - OptEx | $0.00 | +8,728 | 60.4K | +17% | $0 |
| DM | 2024-07-30 | 2024-07-28 | DRI | Cardenas Ricardo | Pres, CEO, Dir | F - Tax | $142.27 | -3,436 | 56.9K | -6% | -$488.8K |
| DM | 2024-07-30 | 2024-07-28 | DRI | Cardenas Ricardo | Pres, CEO, Dir | M - OptEx | $0.00 | -8,728 | 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 | 2024-07-28 | M | A | 4,982 | $0.00 | 56,627.54 | 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 | 2024-07-28 | M | A | 3,746 | $0.00 | 60,373.54 | 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 | 2024-07-28 | F | D | 1,475 | $142.27 | 58,898.54 | 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 | 2024-07-28 | F | D | 1,961 | $142.27 | 56,937.54 | 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 (FY22) | 2024-07-28 | M | D | 4,982 | $0.00 | 4,982 | D | — · — to 2025-07-28 | 4,982 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 28, 2024. |
| 6 | Derivative | Restricted Stock Units (FY22 Annual Grant) | 2024-07-28 | M | D | 3,746 | $0.00 | 0 | D | — · 2024-07-28 to 2024-07-28 | 3,746 Common Stock | (F3) Restricted stock units convert into common stock on a one-for-one basis. |