Todd Burrowes - 14 Jan 2025 Form 4 Insider Report for DARDEN RESTAURANTS INC (DRI)

Signature
Anthony G. Morrow, Attorney-in-fact for Burrowes, Todd
Issuer symbol
DRI
Transactions as of
14 Jan 2025
Net transactions value
-$2,888,793
Form type
4
Filing time
15 Jan 2025, 15:16:23 UTC
Previous filing
26 Sep 2024
Next filing
20 Jun 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DRI Common Stock Options Exercise $1,689,570 +15,783 +32% $107.05 64,571 14 Jan 2025 Direct F1
transaction DRI Common Stock Sale $256,890 -1,397 -2.2% $183.89 63,174 14 Jan 2025 Direct F1, F2
transaction DRI Common Stock Gift $0 -2,500 -4% $0.000000 60,674 14 Jan 2025 Direct F1
transaction DRI Common Stock Sale $2,631,903 -14,386 -24% $182.95 46,288 14 Jan 2025 Direct F1, F3

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 $1,689,570 -15,783 -100% $107.05 0 14 Jan 2025 Common Stock 15,783 $107.05 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 This transaction was executed in multiple trades at prices ranging from $183.6432 to $184.1400. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.
F3 This transaction was executed in multiple trades at prices ranging from $182.4431 to $183.3900. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.
F4 This option vested in two equal annual installments beginning on July 25, 2021.