Todd Burrowes - Jul 26, 2023 Form 4 Insider Report for DARDEN RESTAURANTS INC (DRI)

Role
President, LongHorn Steakhouse
Signature
Jessica P. Lange, Attorney-in-fact for Burrowes, Todd
Stock symbol
DRI
Transactions as of
Jul 26, 2023
Transactions value $
$0
Form type
4
Date filed
7/28/2023, 04:22 PM
Previous filing
Jul 26, 2023
Next filing
Aug 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding DRI Common Stock 40.9K Jul 26, 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 Restricted Stock Units (FY24 Annual Grant) Award $0 +2.26K $0.00 2.26K Jul 26, 2023 Common Stock 2.26K Direct F2
transaction DRI Stock Option (Right to Buy) Award $0 +6.8K $0.00 6.8K Jul 26, 2023 Common Stock 6.8K $169.02 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 Restricted stock units convert into common stock on a one-for-one basis.
F3 This option vests in two equal annual installments beginning on July 26, 2026.