SONSTEBY CHARLES M - 28 Aug 2022 Form 4 Insider Report for DARDEN RESTAURANTS INC (DRI)

Role
Director
Signature
Jessica P. Lange, Attorney-in-fact for Sonsteby, Charles M.
Issuer symbol
DRI
Transactions as of
28 Aug 2022
Net transactions value
$0
Form type
4
Filing time
30 Aug 2022, 12:52:19 UTC
Previous filing
01 Jun 2022
Next filing
23 Sep 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding DRI Common Stock 15,365 28 Aug 2022 Direct
holding DRI Common Stock 10,000 28 Aug 2022 By GRAT

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 (FY22 Director Compensation) Award $0 +55 +37% $0.000000 204 28 Aug 2022 Common Stock 55 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes FY22 and FY23 director compensation.
F2 Restricted stock units convert into common stock on a one-for-one basis.
F3 The Reporting Person elected to take twenty percent of the quarterly cash retainer for serving as a director in the form of restricted stock units for which vested shares will be delivered to the Reporting Person upon the Reporting Person's termination of service as a director.