Laura B. Williamson - 28 Jul 2024 Form 4 Insider Report for DARDEN RESTAURANTS INC (DRI)

Role
President, LongHorn Steakhouse
Signature
Anthony G. Morrow, Attorney-in-fact for Williamson, Laura B.
Issuer symbol
DRI
Transactions as of
28 Jul 2024
Net transactions value
-$38,982
Form type
4
Filing time
30 Jul 2024, 19:22:20 UTC
Previous filing
26 Jul 2024
Next filing
31 Jul 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 +452 +4.5% $0.000000 10,516 28 Jul 2024 Direct F1, F2
transaction DRI Common Stock Options Exercise $0 +341 +3.2% $0.000000 10,857 28 Jul 2024 Direct F2, F3
transaction DRI Common Stock Tax liability $11,951 -84 -0.77% $142.27 10,773 28 Jul 2024 Direct F2
transaction DRI Common Stock Tax liability $15,792 -111 -1% $142.27 10,662 28 Jul 2024 Direct F2
transaction DRI Common Stock Options Exercise $0 +181 +3.4% $0.000000 5,524 28 Jul 2024 By Spouse F1, F2
transaction DRI Common Stock Options Exercise $0 +136 +2.5% $0.000000 5,660 28 Jul 2024 By Spouse F2, F3
transaction DRI Common Stock Tax liability $4,837 -34 -0.6% $142.27 5,626 28 Jul 2024 By Spouse F2
transaction DRI Common Stock Tax liability $6,402 -45 -0.8% $142.27 5,581 28 Jul 2024 By Spouse F2
holding DRI Common Stock 882 28 Jul 2024 By 401k

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 Performance Restricted Stock Units (FY22) Options Exercise $0 -452 -50% $0.000000 454 28 Jul 2024 Common Stock 452 Direct F1, F4
transaction DRI Restricted Stock Units (FY22 Annual Grant) Options Exercise $0 -341 -100% $0.000000* 0 28 Jul 2024 Common Stock 341 $0.000000 Direct F3
transaction DRI Performance Restricted Stock Units (FY22) Options Exercise $0 -181 -50% $0.000000 181 28 Jul 2024 Common Stock 181 By Spouse F1, F4
transaction DRI Restricted Stock Units (FY22 Annual Grant) Options Exercise $0 -136 -100% $0.000000* 0 28 Jul 2024 Common Stock 136 $0.000000 By Spouse F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Performance restricted stock units convert into common stock on a one-for-one basis.
F2 Includes shares acquired pursuant to the Darden Restaurants, Inc. Employee Stock Purchase Plan and dividend reinvestment feature of the Plan.
F3 Restricted stock units convert into common stock on a one-for-one basis.
F4 This grant vests in two equal annual installments beginning on July 28, 2024.