Williamson Laura B - Sep 24, 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.
Stock symbol
DRI
Transactions as of
Sep 24, 2024
Transactions value $
-$701,288
Form type
4
Date filed
9/26/2024, 05:05 PM
Previous filing
Sep 25, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DRI Common Stock Options Exercise $214K +2.71K +23.72% $78.84 14.2K Sep 24, 2024 Direct F1
transaction DRI Common Stock Options Exercise $191K +2.23K +15.72% $85.83 16.4K Sep 24, 2024 Direct F1
transaction DRI Common Stock Sale -$251K -1.45K -8.87% $173.03 14.9K Sep 24, 2024 Direct F1
transaction DRI Common Stock Sale -$855K -4.94K -33.08% $173.08 9.99K Sep 24, 2024 Direct F1
holding DRI Common Stock 890 Sep 24, 2024 By 401k F2
holding DRI Common Stock 5.33K Sep 24, 2024 By Spouse 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 Stock Option (Right to Buy) Options Exercise $0 -2.23K -100% $0.00 0 Sep 24, 2024 Common Stock 2.23K $85.83 Direct F3
transaction DRI Stock Option (Right to Buy) Options Exercise $0 -2.71K -100% $0.00 0 Sep 24, 2024 Common Stock 2.71K $78.84 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes shares acquired pursuant to the Darden Restaurants, Inc. Employee Stock Purchase Plan and dividend reinvestment feature of the Plan.
F2 The number of shares reported is based on a recent plan statement and is derived from an undivided interest in a fund consisting of both Darden common stock and a small cash position that fluctuates from time to time. The number of shares reported may change based on the size of the cash position at the time of reporting and dividend reinvestments.
F3 This option vested in two equal annual installments beginning on July 26, 2020.
F4 This option vested in two equal annual installments beginning on July 29, 2023.