Form 4 for DRI Darden Restaurants
Accepted 2024-09-25 00:00:00 ET · period of report 2024-09-23 · accession 0001225208-24-008831 · 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 | 2024-09-25 | 2024-09-23 | DRI | Kiernan Daniel J. | Pres, Olive Garden | S - Sale+OE | $171.90 | -20.7K | 27.4K | -43% | -$3.55M |
| DM | 2024-09-25 | 2024-09-23 | DRI | Kiernan Daniel J. | Pres, Olive Garden | M - OptEx | $67.63 | +20.7K | 48.0K | +76% | +$1.40M |
| DM | 2024-09-25 | 2024-09-23 | DRI | Kiernan Daniel J. | Pres, Olive Garden | M - OptEx | $0.00 | -20.7K | 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 | S | D | 20,665 | $171.90 | 27,355.09 | D | — | — | (F1) This transaction was executed in multiple trades at prices ranging from $171.84 to $172.07. 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 | 2024-09-23 | M | A | 10,837 | $59.68 | 38,192.09 | D | — | — | |
| 3 | Common | Common Stock | 2024-09-23 | M | A | 5,371 | $85.83 | 43,563.09 | D | — | — | |
| 4 | Common | Common Stock | 2024-09-23 | M | A | 4,457 | $65.02 | 48,020.09 | D | — | — | |
| 5 | Derivative | Stock Option (Right to Buy) | 2024-09-23 | M | D | 5,371 | $0.00 | 0 | D | $85.83 · — to 2027-07-26 | 5,371 Common Stock | (F3) This option vests in two equal annual installments beginning July 26, 2020. |
| 6 | Derivative | Stock Option (Right to Buy) | 2024-09-23 | M | D | 4,457 | $0.00 | 0 | D | $65.02 · — to 2025-07-29 | 4,457 Common Stock | (F5) This option vests in two equal annual installments beginning July 29, 2018. |
| 7 | Derivative | Stock Option (Right to Buy) | 2024-09-23 | M | D | 10,837 | $0.00 | 0 | D | $59.68 · — to 2026-07-27 | 10,837 Common Stock | (F4) This option vests in two equal annual installments beginning July 27, 2019. |