Charles M. Sonsteby - 20 Sep 2023 Form 4 Insider Report for DARDEN RESTAURANTS INC (DRI)

Role
Director
Signature
Jessica P. Lange, Attorney-in-fact for Sonsteby, Charles M.
Issuer symbol
DRI
Transactions as of
20 Sep 2023
Net transactions value
$0
Form type
4
Filing time
22 Sep 2023, 16:39:51 UTC
Previous filing
29 Aug 2023
Next filing
15 Nov 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding DRI Common Stock 21,309 20 Sep 2023 Direct F1
holding DRI Common Stock 4,056 20 Sep 2023 By GRAT 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 Director Annual Grant) Award $0 +1,572 $0.000000 1,572 20 Sep 2023 Common Stock 1,572 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 3,102 shares were previously reported as indirectly beneficially owned but were distributed from the reporting person's grantor retained annuity trust to direct holdings on September 9, 2023.
F2 Restricted stock units convert into common stock on a one-for-one basis.
F3 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.