Juliana L. Chugg - 26 Nov 2023 Form 4 Insider Report for DARDEN RESTAURANTS INC (DRI)

Role
Director
Signature
Jessica P. Lange, Attorney-in-fact for Chugg, Juliana L.
Issuer symbol
DRI
Transactions as of
26 Nov 2023
Net transactions value
$0
Form type
4
Filing time
28 Nov 2023, 11:03:56 UTC
Previous filing
03 Oct 2023
Next filing
03 Jan 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding DRI Common Stock 1,925 26 Nov 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 Restricted Stock Units (FY22 Director Compensation) Award $0 +202 +17% $0.000000 1,423 26 Nov 2023 Common Stock 202 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes FY22, FY23 and FY24 director compensation.
F2 Restricted stock units convert into common stock on a one-for-one basis.
F3 The Reporting Person elected to take all of the quarterly cash retainer for serving as a director in the form of 49 restricted stock units for which vested shares will be delivered to the Reporting Person upon the Reporting Person's termination of service as a director and 153 restricted stock units for which vested shares will be delivered to the Reporting Person on 1/1/2030.