Richard L. Renninger - 29 Jul 2023 Form 4 Insider Report for DARDEN RESTAURANTS INC (DRI)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
01 Aug 2023, 17:24:46 UTC
Prior SEC filing
28 Jul 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Anthony G. Morrow, Attorney-in-fact for Renninger, Richard L.

Key filing fact

Richard L. Renninger filed Form 4 for DARDEN RESTAURANTS INC (DRI) on 01 Aug 2023.

Key facts

  • This page summarizes Richard L. Renninger's Form 4 filing for DARDEN RESTAURANTS INC (DRI).
  • 6 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 01 Aug 2023, 17:24.

Change

  • Previous filing in this sequence was filed on 28 Jul 2023.
  • Current net transaction value: -$295,338.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

DRI transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+2,777
Change %
+12%
Price
$0.000000
Shares after
25,668
Date
29 Jul 2023
Ownership
Direct
Footnotes
F1, F2
DRI transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+1,851
Change %
+7.2%
Price
$0.000000
Shares after
27,519
Date
29 Jul 2023
Ownership
Direct
Footnotes
F2, F3
DRI transaction

Common Stock

Tax liability

Transaction value
$122,122
Shares
-729
Change %
-2.6%
Price
$167.52
Shares after
26,790
Date
29 Jul 2023
Ownership
Direct
Footnotes
F2
DRI transaction

Common Stock

Tax liability

Transaction value
$173,216
Shares
-1,034
Change %
-3.9%
Price
$167.52
Shares after
25,756
Date
29 Jul 2023
Ownership
Direct
Footnotes
F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

DRI transaction Derivative

Performance Restricted Stock Units (FY21)

Options Exercise

Transaction value
$0
Shares
-2,777
Change %
-50%
Price
$0.000000
Shares after
2,777
Date
29 Jul 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
2,777
Exercise price
Footnotes
F1, F4
DRI transaction Derivative

Restricted Stock Units (FY21 Annual Grant)

Options Exercise

Transaction value
$0
Shares
-1,851
Change %
-100%
Price
$0.000000*
Shares after
0
Date
29 Jul 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,851
Exercise price
Footnotes
F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Performance restricted stock units convert into common stock on a one-for-one basis.

Footnote F2

Includes shares acquired pursuant to the Darden Restaurants, Inc. Employee Stock Purchase Plan and dividend reinvestment feature of the Plan.

Footnote F3

Restricted stock units convert into common stock on a one-for-one basis.

Footnote F4

This grant vests in two equal annual installments beginning on July 29, 2023.

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