Form 4 for DRI Darden Restaurants
Accepted 2024-09-25 00:00:00 ET · period of report 2024-09-23 · accession 0001225208-24-008828 · 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 | 2024-09-25 | 2024-09-23 | DRI | Cardenas Ricardo | Pres, CEO, Dir | M - OptEx | $71.51 | +42.4K | 104.0K | +69% | +$3.03M |
| DM | 2024-09-25 | 2024-09-23 | DRI | Cardenas Ricardo | Pres, CEO, Dir | S - Sale+OE | $171.68 | -42.4K | 87.2K | -33% | -$7.28M |
| D | 2024-09-25 | 2024-09-23 | DRI | Cardenas Ricardo | Pres, CEO, Dir | G - Gift | $0.00 | -2,890 | 101.1K | -3% | $0 |
| DM | 2024-09-25 | 2024-09-23 | DRI | Cardenas Ricardo | Pres, CEO, Dir | M - OptEx | $0.00 | -42.4K | 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 | 2024-09-23 | M | A | 23,222 | $59.68 | 84,797.28 | D | — | — | (F1) Includes shares acquired pursuant to the Darden Restaurants, Inc. Employee Stock Purchase Plan and dividend reinvestment feature of the Plan. |
| 2 | Common | Common Stock | 2024-09-23 | M | A | 19,181 | $85.83 | 103,978.28 | D | — | — | (F1) Includes shares acquired pursuant to the Darden Restaurants, Inc. Employee Stock Purchase Plan and dividend reinvestment feature of the Plan. |
| 3 | Common | Common Stock | 2024-09-23 | S | D | 28,466 | $171.43 | 58,685.28 | D | — | — | (F3) This transaction was executed in multiple trades at prices ranging from $170.94 to $171.93. 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. (F1) Includes shares acquired pursuant to the Darden Restaurants, Inc. Employee Stock Purchase Plan and dividend reinvestment feature of the Plan. |
| 4 | Common | Common Stock | 2024-09-23 | S | D | 13,937 | $172.20 | 87,151.28 | D | — | — | (F2) This transaction was executed in multiple trades at prices ranging from $171.94 to $172.50. 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. (F1) Includes shares acquired pursuant to the Darden Restaurants, Inc. Employee Stock Purchase Plan and dividend reinvestment feature of the Plan. |
| 5 | Common | Common Stock | 2024-09-23 | G | D | 2,890 | $0.00 | 101,088.28 | D | — | — | (F1) Includes shares acquired pursuant to the Darden Restaurants, Inc. Employee Stock Purchase Plan and dividend reinvestment feature of the Plan. |
| 6 | Derivative | Stock Option (Right to Buy) | 2024-09-23 | M | D | 23,222 | $0.00 | 0 | D | $59.68 · — to 2026-07-27 | 23,222 Common Stock | (F5) This option vests in two equal annual installments beginning on July 27, 2019. |
| 7 | Derivative | Stock Option (Right to Buy) | 2024-09-23 | M | D | 19,181 | $0.00 | 0 | D | $85.83 · — to 2027-07-26 | 19,181 Common Stock | (F4) This option vests in two equal annual installments beginning on July 26, 2020. |