Simon William S - Sep 22, 2021 Form 4 Insider Report for DARDEN RESTAURANTS INC (DRI)

Role
Director
Signature
Jessica P. Lange, Attorney-in-fact for Simon, William S.
Stock symbol
DRI
Transactions as of
Sep 22, 2021
Transactions value $
$0
Form type
4
Date filed
9/24/2021, 09:55 AM
Previous filing
Jun 15, 2021
Next filing
Sep 29, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DRI Common Stock Options Exercise $0 +1.67K +13.3% $0.00 14.2K Sep 22, 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 Restricted Stock Units (FY21 Director Annual Grant) Options Exercise -1.67K -100% 0 Sep 22, 2021 Common Stock 1.67K Direct F1, F2
transaction DRI Restricted Stock Units (FY22 Director Annual Grant) Award $0 +1.06K $0.00 1.06K Sep 22, 2021 Common Stock 1.06K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-for-one basis.
F2 The RSUs vest on the first to occur of one year from date of grant and the date of the next annual meeting of shareholders.