Timothy J. Wilmott - 30 May 2021 Form 4 Insider Report for DARDEN RESTAURANTS INC (DRI)

Role
Director
Signature
Jessica P. Lange, Attorney-in-fact for Wilmott, Timothy J.
Issuer symbol
DRI
Transactions as of
30 May 2021
Net transactions value
$0
Form type
4
Filing time
01 Jun 2021, 14:38:36 UTC
Next filing
31 Aug 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding DRI Common Stock 17,094 30 May 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction DRI Restricted Stock Units (FY19 Director Compensation) Award $0 +183 +8.2% $0.000000 2,428 30 May 2021 Common Stock 183 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes FY19, FY20 and FY21 director compensation.
F2 Restricted stock units convert into common stock on a one-for-one basis.
F3 The Reporting Person elected to take all of the quarterly cash retainer for serving as a director in the form of restricted stock units for which vested shares will be delivered to the Reporting Person on the ReportingPerson's termination of service as a director.