Renninger Richard L. - Jul 24, 2023 Form 4 Insider Report for DARDEN RESTAURANTS INC (DRI)

Signature
Jessica P. Lange, Attorney-in-fact for RENNINGER, RICHARD L.
Stock symbol
DRI
Transactions as of
Jul 24, 2023
Transactions value $
-$27,430
Form type
4
Date filed
7/26/2023, 02:32 PM
Previous filing
Jun 21, 2023
Next filing
Jul 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DRI Common Stock Options Exercise $0 +658 +2.93% $0.00 23.1K Jul 24, 2023 Direct F1
transaction DRI Common Stock Tax liability -$27.4K -161 -0.7% $170.37 22.9K Jul 24, 2023 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 Performance Restricted Stock Units (FY20) Options Exercise $0 -658 -100% $0.00* 0 Jul 24, 2023 Common Stock 658 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Performance restricted stock units convert into common stock on a one-for-one basis.
F2 This grant vested in two equal annual installments beginning on July 24, 2022.