Form 4 for DRI Darden Restaurants
Accepted 2024-07-31 00:00:00 ET · period of report 2024-07-29 · accession 0001225208-24-007740 · 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 | 2024-07-31 | 2024-07-29 | DRI | Cardenas Ricardo | Pres, CEO, Dir | F - Tax | $142.27 | -2,980 | 61.5K | -5% | -$424.0K |
| D | 2024-07-31 | 2024-07-29 | DRI | Cardenas Ricardo | Pres, CEO, Dir | M - OptEx | $0.00 | +7,572 | 64.5K | +13% | $0 |
| D | 2024-07-31 | 2024-07-29 | DRI | Cardenas Ricardo | Pres, CEO, Dir | M - OptEx | $0.00 | -7,572 | 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 | 2024-07-29 | F | D | 2,980 | $142.27 | 61,529.54 | D | — | — | (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 | 2024-07-29 | M | A | 7,572 | $0.00 | 64,509.54 | 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. |
| 3 | Derivative | Performance Restricted Stock Units (FY21) | 2024-07-29 | M | D | 7,572 | $0.00 | 0 | D | — · — to 2024-07-29 | 7,572 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 29, 2023. |