Simon William S - Sep 20, 2023 Form 4 Insider Report for DARDEN RESTAURANTS INC (DRI)

Role
Director
Signature
Jessica P. Lange, Attorney-in-fact for Simon, William S.
Stock symbol
DRI
Transactions as of
Sep 20, 2023
Transactions value $
$0
Form type
4
Date filed
9/22/2023, 04:39 PM
Previous filing
Mar 29, 2023
Next filing
Jan 30, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DRI Common Stock Options Exercise $0 +1.22K +19.41% $0.00 7.5K Sep 20, 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 (FY23 Director Annual Grant) Options Exercise -1.22K -100% 0 Sep 20, 2023 Common Stock 1.22K Direct F1, F2
transaction DRI Restricted Stock Units (FY24 Director Annual Grant) Award $0 +1.17K $0.00 1.17K Sep 20, 2023 Common Stock 1.17K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-for-one basis.
F2 The RSUs vest on the first to occur of one year from date of grant and the date of the next annual meeting of shareholders.