Laura B. Williamson - 29 Jul 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.
Issuer symbol
DRI
Transactions as of
29 Jul 2024
Net transactions value
-$49,083
Form type
4
Filing time
31 Jul 2024, 17:10:07 UTC
Previous filing
30 Jul 2024
Next filing
25 Sep 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 +1,010 +9.5% $0.000000 11,672 29 Jul 2024 Direct F1
transaction DRI Common Stock Tax liability $34,998 -246 -2.1% $142.27 11,426 29 Jul 2024 Direct
transaction DRI Common Stock Options Exercise $0 +404 +7.2% $0.000000 5,985 29 Jul 2024 By Spouse F1
transaction DRI Common Stock Tax liability $14,085 -99 -1.7% $142.27 5,886 29 Jul 2024 By Spouse
holding DRI Common Stock 882 29 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 (FY21) Options Exercise $0 -1,010 -100% $0.000000* 0 29 Jul 2024 Common Stock 1,010 $0.000000 Direct F1, F2
transaction DRI Performance Restricted Stock Units (FY21) Options Exercise $0 -404 -100% $0.000000* 0 29 Jul 2024 Common Stock 404 $0.000000 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.