Ricardo Cardenas - 01 Sep 2021 Form 4 Insider Report for DARDEN RESTAURANTS INC (DRI)

Signature
Jessica P. Lange, Attorney-in-fact for Cardenas, Ricardo
Issuer symbol
DRI
Transactions as of
01 Sep 2021
Net transactions value
-$815,038
Form type
4
Filing time
03 Sep 2021, 13:46:50 UTC
Previous filing
26 Aug 2021
Next filing
27 Sep 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DRI Common Stock Options Exercise $393,458 +7,989 +19% $49.25 50,944 01 Sep 2021 Direct
transaction DRI Common Stock Sale $1,208,496 -7,989 -16% $151.27 42,955 01 Sep 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 -7,989 -75% $0.000000 2,663 01 Sep 2021 Common Stock 7,989 $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.