Daniel J. Kiernan - 29 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
31 Jul 2024, 17:07:46 UTC
Prior SEC filing
30 Jul 2024
Next SEC filing
25 Sep 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Jessica P. Lange, Attorney-in-fact for Kiernan, Daniel J.

Key filing fact

Daniel J. Kiernan filed Form 4 for DARDEN RESTAURANTS INC (DRI) on 31 Jul 2024.

Key facts

  • This page summarizes Daniel J. Kiernan's Form 4 filing for DARDEN RESTAURANTS INC (DRI).
  • 6 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 31 Jul 2024, 17:07.

Change

  • Previous filing in this sequence was filed on 30 Jul 2024.
  • Current net transaction value: -$278,543.

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
+4,544
Change %
+18%
Price
$0.000000
Shares after
29,144
Date
29 Jul 2024
Ownership
Direct
Footnotes
F1
DRI transaction

Common Stock

Tax liability

Transaction value
$254,521
Shares
-1,789
Change %
-6.1%
Price
$142.27
Shares after
27,355
Date
29 Jul 2024
Ownership
Direct
DRI transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+169
Change %
Price
$0.000000
Shares after
169
Date
29 Jul 2024
Ownership
By Spouse
Footnotes
F2
DRI transaction

Common Stock

Sale

Transaction value
$24,022
Shares
-169
Change %
-100%
Price
$142.14
Shares after
0
Date
29 Jul 2024
Ownership
By Spouse
DRI holding

Common Stock

No transaction description listed

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

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
-4,544
Change %
-100%
Price
$0.000000*
Shares after
0
Date
29 Jul 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
4,544
Exercise price
Footnotes
F1, F3
DRI transaction Derivative

Restricted Stock Units (DSU)

Options Exercise

Transaction value
$0
Shares
-169
Change %
-100%
Price
$0.000000*
Shares after
0
Date
29 Jul 2024
Ownership
By Spouse
Underlying class
Common Stock
Underlying amount
169
Exercise price
Footnotes
F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

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

Footnote F2

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 F3

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

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