Daniel J. Kiernan - 28 Jul 2024 Form 4 Insider Report for DARDEN RESTAURANTS INC (DRI)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
30 Jul 2024, 19:22:23 UTC
Prior SEC filing
26 Jul 2024
Next SEC filing
31 Jul 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Anthony G. Morrow, Attorney-in-fact for Kiernan, Daniel J.

Key filing fact

Daniel J. Kiernan filed Form 4 for DARDEN RESTAURANTS INC (DRI) on 30 Jul 2024.

Key facts

  • This page summarizes Daniel J. Kiernan's Form 4 filing for DARDEN RESTAURANTS INC (DRI).
  • 9 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 30 Jul 2024, 19:22.

Change

  • Previous filing in this sequence was filed on 26 Jul 2024.
  • Current net transaction value: -$274,286.

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
+2,943
Change %
+14%
Price
$0.000000
Shares after
24,230
Date
28 Jul 2024
Ownership
Direct
Footnotes
F1
DRI transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+2,213
Change %
+9.1%
Price
$0.000000
Shares after
26,443
Date
28 Jul 2024
Ownership
Direct
Footnotes
F2
DRI transaction

Common Stock

Tax liability

Transaction value
$123,917
Shares
-871
Change %
-3.3%
Price
$142.27
Shares after
25,572
Date
28 Jul 2024
Ownership
Direct
DRI transaction

Common Stock

Tax liability

Transaction value
$138,286
Shares
-972
Change %
-3.8%
Price
$142.27
Shares after
24,600
Date
28 Jul 2024
Ownership
Direct
DRI transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+85
Change %
Price
$0.000000
Shares after
85
Date
28 Jul 2024
Ownership
By Spouse
Footnotes
F3
DRI transaction

Common Stock

Sale

Transaction value
$12,082
Shares
-85
Change %
-100%
Price
$142.14
Shares after
0
Date
28 Jul 2024
Ownership
By Spouse
DRI holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
143
Date
28 Jul 2024
Ownership
By 401k and Spouse's 401k
Footnotes
F4

Reported derivative securities

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

DRI transaction Derivative

Performance Restricted Stock Units (FY22)

Options Exercise

Transaction value
$0
Shares
-2,943
Change %
-50%
Price
$0.000000
Shares after
2,945
Date
28 Jul 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
2,943
Exercise price
Footnotes
F1, F5
DRI transaction Derivative

Restricted Stock Units (FY22 Annual Grant)

Options Exercise

Transaction value
$0
Shares
-2,213
Change %
-100%
Price
$0.000000*
Shares after
0
Date
28 Jul 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
2,213
Exercise price
Footnotes
F2
DRI transaction Derivative

Restricted Stock Units (DSU)

Options Exercise

Transaction value
$0
Shares
-85
Change %
-50%
Price
$0.000000
Shares after
85
Date
28 Jul 2024
Ownership
By Spouse
Underlying class
Common Stock
Underlying amount
85
Exercise price
Footnotes
F3, F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

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

Footnote F2

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

Footnote F3

Each restricted stock unit (Darden Stock Unit "DSU") is the economic equivalent of one share of DRI common stock. The restricted stock unit (DSU) becomes payable in cash upon vesting.

Footnote F4

Represents holdings in the unitized Darden stock fund under the company's 401k plan for both the reporting person and the reporting person's spouse as of plan statements dated June 30, 2024.

Footnote F5

This grant vests in two equal annual installments beginning on July 28, 2024.

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