Eugene I. Lee Jr - Sep 21, 2022 Form 4 Insider Report for DARDEN RESTAURANTS INC (DRI)

Role
Director, Chairman of the Board
Signature
Jessica P. Lange, Attorney-in-fact for Lee, Eugene I. Jr.
Stock symbol
DRI
Transactions as of
Sep 21, 2022
Transactions value $
$0
Form type
4
Date filed
9/23/2022, 02:05 PM
Previous filing
Aug 3, 2022
Next filing
Oct 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding DRI Common Stock 222K Sep 21, 2022 Direct

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 (FY23 Director Annual Grant) Award $0 +2.74K $0.00 2.74K Sep 21, 2022 Common Stock 2.74K 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. The director has a one time option to defer settlement until their termination from the board.