Cardenas Ricardo - Aug 2, 2021 Form 4 Insider Report for DARDEN RESTAURANTS INC (DRI)

Role
President and COO
Signature
Anthony G. Morrow, Attorney-in-fact for Cardenas, Ricardo
Stock symbol
DRI
Transactions as of
Aug 2, 2021
Transactions value $
-$520,883
Form type
4
Date filed
8/3/2021, 02:34 PM
Previous filing
Jul 30, 2021
Next filing
Aug 26, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DRI Common Stock Options Exercise $262K +5.33K +12.4% $49.25 48.3K Aug 2, 2021 Direct
transaction DRI Common Stock Sale -$783K -5.33K -11.03% $147.05 43K Aug 2, 2021 Direct F1

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 Stock Option (Right to Buy) Options Exercise $0 -5.33K -25% $0.00 16K Aug 2, 2021 Common Stock 5.33K $49.25 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on April 15, 2021.
F2 This option vested in two equal annual installments beginning on November 17, 2017.