Ricardo Cardenas - 25 Aug 2021 Form 4 Insider Report for DARDEN RESTAURANTS INC (DRI)

Role
President and COO
Signature
Jessica P. Lange, Attorney-in-fact for Cardenas, Ricardo
Issuer symbol
DRI
Transactions as of
25 Aug 2021
Net transactions value
-$536,594
Form type
4
Filing time
26 Aug 2021, 11:25:51 UTC
Previous filing
03 Aug 2021
Next filing
03 Sep 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 25 Aug 2021 Direct
transaction DRI Common Stock Sale $798,900 -5,326 -11% $150.00 42,955 25 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 -33% $0.000000 10,652 25 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.