William S. Simon - 21 Sep 2022 Form 4 Insider Report for DARDEN RESTAURANTS INC (DRI)

Role
Director
Signature
Jessica P. Lange, Attorney-in-fact for Simon, William S.
Issuer symbol
DRI
Transactions as of
21 Sep 2022
Net transactions value
$0
Form type
4
Filing time
23 Sep 2022, 14:04:31 UTC
Previous filing
26 Jan 2022
Next filing
25 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DRI Common Stock Options Exercise $0 +1,064 +13% $0.000000 9,012 21 Sep 2022 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 (FY22 Director Annual Grant) Options Exercise -1,064 -100% 0 21 Sep 2022 Common Stock 1,064 Direct F1, F2
transaction DRI Restricted Stock Units (FY23 Director Annual Grant) Award $0 +1,219 $0.000000 1,219 21 Sep 2022 Common Stock 1,219 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.