Charles M. Sonsteby - Nov 27, 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
Nov 27, 2022
Transactions value $
$0
Form type
4
Date filed
11/29/2022, 09:46 AM
Previous filing
Sep 23, 2022
Next filing
Jan 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding DRI Common Stock 18.2K Nov 27, 2022 Direct
holding DRI Common Stock 7.16K Nov 27, 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 +44 +21.57% $0.00 248 Nov 27, 2022 Common Stock 44 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes FY22 and FY23 director compensation.
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 upon the Reporting Person's termination of service as a director.