Douglas J. Milanes - 26 Oct 2022 Form 4 Insider Report for DARDEN RESTAURANTS INC (DRI)

Role
SVP, Chief Supply Chain Ofcr
Signature
Jessica P. Lange, Attorney-in-fact for MILANES, DOUGLAS J.
Issuer symbol
DRI
Transactions as of
26 Oct 2022
Net transactions value
-$167,055
Form type
4
Filing time
28 Oct 2022, 14:56:07 UTC
Previous filing
29 Jul 2022
Next filing
14 Nov 2022
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 $144,865 +2,228 +42% $65.02 7,509 26 Oct 2022 Direct F1
transaction DRI Common Stock Sale $311,920 -2,228 -30% $140.00 5,281 26 Oct 2022 Direct F1, 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 -2,228 -25% $0.000000 6,686 26 Oct 2022 Common Stock 2,228 $65.02 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes shares acquired pursuant to the Darden Restaurants, Inc. Employee Stock Purchase Plan and dividend reinvestment feature of the Plan.
F2 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 26, 2022.
F3 This option vested in two equal annual installments beginning on July 29, 2018.