Martin Melvin John - Jul 29, 2022 Form 4 Insider Report for DARDEN RESTAURANTS INC (DRI)

Role
President, SRG
Signature
Jessica P. Lange, Attorney-in-fact for Martin, Melvin John
Stock symbol
DRI
Transactions as of
Jul 29, 2022
Transactions value $
-$66,455
Form type
4
Date filed
8/1/2022, 01:12 PM
Previous filing
Jul 29, 2022
Next filing
Oct 28, 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DRI Common Stock Options Exercise $0 +1.33K +9.35% $0.00 15.6K Jul 29, 2022 Direct F1
transaction DRI Common Stock Tax liability -$66.5K -525 -3.37% $126.58 15.1K Jul 29, 2022 Direct F2

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 Restricted Stock Units Options Exercise $0 -1.33K -49.22% $0.00 1.37K Jul 29, 2022 Common Stock 1.33K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-for-one basis.
F2 Includes shares acquired pursuant to the Darden Restaurants, Inc. Employee Stock Purchase Plan.
F3 This grant vests in three annual installments beginning on July 29, 2021.