Cardenas Ricardo - Sep 1, 2021 Form 4 Insider Report for DARDEN RESTAURANTS INC (DRI)

Signature
Jessica P. Lange, Attorney-in-fact for Cardenas, Ricardo
Stock symbol
DRI
Transactions as of
Sep 1, 2021
Transactions value $
-$815,038
Form type
4
Date filed
9/3/2021, 01:46 PM
Previous filing
Aug 26, 2021
Next filing
Sep 27, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DRI Common Stock Options Exercise $393K +7.99K +18.6% $49.25 50.9K Sep 1, 2021 Direct
transaction DRI Common Stock Sale -$1.21M -7.99K -15.68% $151.27 43K Sep 1, 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 -7.99K -75% $0.00 2.66K Sep 1, 2021 Common Stock 7.99K $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.