Douglas J. Milanes - 26 Jun 2023 Form 4 Insider Report for DARDEN RESTAURANTS INC (DRI)

Signature
Anthony G. Morrow, Attorney-in-fact for Milanes, Douglas J.
Issuer symbol
DRI
Transactions as of
26 Jun 2023
Net transactions value
-$514,865
Form type
4
Filing time
28 Jun 2023, 11:21:12 UTC
Previous filing
21 Jun 2023
Next filing
26 Jul 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DRI Common Stock Options Exercise $592,656 +6,905 +128% $85.83 12,279 26 Jun 2023 Direct F1
transaction DRI Common Stock Sale $1,107,521 -6,905 -56% $160.39 5,374 26 Jun 2023 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 Stock Option (Right to Buy) Options Exercise $0 -6,905 -100% $0.000000* 0 26 Jun 2023 Common Stock 6,905 $85.83 Direct F2
* 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 This option vested in two equal annual installments beginning on July 26, 2020.