Charles M. Sonsteby - May 29, 2022 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
May 29, 2022
Transactions value $
$0
Form type
4
Date filed
6/1/2022, 01:44 PM
Previous filing
Mar 1, 2022
Next filing
Aug 30, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding DRI Common Stock 15.4K May 29, 2022 Direct
holding DRI Common Stock 10K May 29, 2022 By GRAT

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 +54 +56.84% $0.00 149 May 29, 2022 Common Stock 54 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 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 upon the Reporting Person's termination of service as a director.