Charles M. Sonsteby - Nov 28, 2021 Form 4 Insider Report for DARDEN RESTAURANTS INC (DRI)

Role
Director
Signature
Jessica P. Lange, Attorney-in-fact for Sonsteby, Charles M.
Stock symbol
DRI
Transactions as of
Nov 28, 2021
Transactions value $
$0
Form type
4
Date filed
11/30/2021, 10:02 AM
Previous filing
Oct 4, 2021
Next filing
Jan 26, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding DRI Common Stock 15.4K Nov 28, 2021 Direct
holding DRI Common Stock 10K Nov 28, 2021 By GRAT 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 (FY22 Director Compensation) Award $0 +48 $0.00 48 Nov 28, 2021 Common Stock 48 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were previously reported as directly beneficially owned but were contributed to a grantor retained annuity trust on September 9, 2021.
F2 Restricted stock units convert into common stock on a one-for-one basis.
F3 The Reporting Person elected to take twenty percent of the quarterly cash retainer for serving as a director in the form of restricted stock units for which vested shares will be delivered to the Reporting Person on the Reporting Person's termination of service as a director.