Williamson Laura B - Jul 29, 2024 Form 4 Insider Report for DARDEN RESTAURANTS INC (DRI)

Role
President, LongHorn Steakhouse
Signature
Jessica P. Lange, Attorney-in-fact for Williamson, Laura B.
Stock symbol
DRI
Transactions as of
Jul 29, 2024
Transactions value $
-$49,083
Form type
4
Date filed
7/31/2024, 05:10 PM
Previous filing
Jul 30, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DRI Common Stock Options Exercise $0 +1.01K +9.47% $0.00 11.7K Jul 29, 2024 Direct F1
transaction DRI Common Stock Tax liability -$35K -246 -2.11% $142.27 11.4K Jul 29, 2024 Direct
transaction DRI Common Stock Options Exercise $0 +404 +7.24% $0.00 5.99K Jul 29, 2024 By Spouse F1
transaction DRI Common Stock Tax liability -$14.1K -99 -1.65% $142.27 5.89K Jul 29, 2024 By Spouse
holding DRI Common Stock 882 Jul 29, 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 (FY21) Options Exercise $0 -1.01K -100% $0.00* 0 Jul 29, 2024 Common Stock 1.01K $0.00 Direct F1, F2
transaction DRI Performance Restricted Stock Units (FY21) Options Exercise $0 -404 -100% $0.00* 0 Jul 29, 2024 Common Stock 404 $0.00 By Spouse F1, F2
* 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 This grant vested in two equal annual installments beginning on July 29, 2023.