Ricardo Cardenas - 02 Aug 2021 Form 4 Insider Report for DARDEN RESTAURANTS INC (DRI)

Role
President and COO
Signature
Anthony G. Morrow, Attorney-in-fact for Cardenas, Ricardo
Issuer symbol
DRI
Transactions as of
02 Aug 2021
Net transactions value
-$520,883
Form type
4
Filing time
03 Aug 2021, 14:34:08 UTC
Previous filing
30 Jul 2021
Next filing
26 Aug 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DRI Common Stock Options Exercise $262,306 +5,326 +12% $49.25 48,281 02 Aug 2021 Direct
transaction DRI Common Stock Sale $783,188 -5,326 -11% $147.05 42,955 02 Aug 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 -5,326 -25% $0.000000 15,978 02 Aug 2021 Common Stock 5,326 $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.