Martin Melvin John - Sep 28, 2021 Form 4 Insider Report for DARDEN RESTAURANTS INC (DRI)

Role
President, SRG
Signature
Jessica P. Lange, Attorney-in-fact for Martin, Melvin John
Stock symbol
DRI
Transactions as of
Sep 28, 2021
Transactions value $
-$581,139
Form type
4
Date filed
9/29/2021, 12:00 PM
Previous filing
Jul 30, 2021
Next filing
Jun 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DRI Common Stock Options Exercise $401K +6.16K +53.81% $65.02 17.6K Sep 28, 2021 Direct
transaction DRI Common Stock Sale -$32K -200 -1.14% $159.89 17.4K Sep 28, 2021 Direct F1
transaction DRI Common Stock Sale -$950K -5.96K -34.24% $159.34 11.4K Sep 28, 2021 Direct F2

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 -6.16K -100% $0.00* 0 Sep 28, 2021 Common Stock 6.16K $65.02 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $159.80 to $159.97. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.
F2 This transaction was executed in multiple trades at prices ranging from $158.80 to $159.71. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.
F3 This option vests in two equal annual installments beginning on July 29, 2018.