Milanes Douglas J. - Jan 10, 2023 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.
Stock symbol
DRI
Transactions as of
Jan 10, 2023
Transactions value $
-$189,420
Form type
4
Date filed
1/12/2023, 11:52 AM
Previous filing
Nov 14, 2022
Next filing
Mar 29, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DRI Common Stock Options Exercise $145K +2.23K +41.83% $65.02 7.56K Jan 10, 2023 Direct F1
transaction DRI Common Stock Sale -$334K -2.23K -29.49% $150.00 5.33K Jan 10, 2023 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 -2.23K -50% $0.00 2.23K Jan 10, 2023 Common Stock 2.23K $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.