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

Role
Director
Signature
Jessica P. Lange, Attorney-in-fact for Simon, William S.
Issuer symbol
DRI
Transactions as of
20 Sep 2023
Net transactions value
$0
Form type
4
Filing time
22 Sep 2023, 16:39:46 UTC
Previous filing
29 Mar 2023
Next filing
30 Jan 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DRI Common Stock Options Exercise $0 +1,219 +19% $0.000000 7,500 20 Sep 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 -1,219 -100% 0 20 Sep 2023 Common Stock 1,219 Direct F1, F2
transaction DRI Restricted Stock Units (FY24 Director Annual Grant) Award $0 +1,171 $0.000000 1,171 20 Sep 2023 Common Stock 1,171 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.