William S. Simon - 18 Sep 2024 Form 4 Insider Report for DARDEN RESTAURANTS INC (DRI)

Role
Director
Signature
Jessica P. Lange, Attorney-in-fact for Simon, William S.
Issuer symbol
DRI
Transactions as of
18 Sep 2024
Net transactions value
$0
Form type
4
Filing time
20 Sep 2024, 10:32:09 UTC
Previous filing
09 Apr 2024
Next filing
04 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DRI Common Stock Options Exercise $0 +1,171 +19% $0.000000 7,452 18 Sep 2024 Direct 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) Options Exercise -1,171 -100% 0 18 Sep 2024 Common Stock 1,171 Direct F1, F2
transaction DRI Restricted Stock Units (FY25 Director Annual Grant) Award $0 +1,162 $0.000000 1,162 18 Sep 2024 Common Stock 1,162 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-for-one basis.
F2 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.