SONSTEBY CHARLES M - 28 May 2023 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 May 2023
Net transactions value
$0
Form type
4
Filing time
31 May 2023, 10:04:57 UTC
Previous filing
28 Feb 2023
Next filing
29 Aug 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding DRI Common Stock 18,207 28 May 2023 Direct
holding DRI Common Stock 7,158 28 May 2023 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 +40 +14% $0.000000 332 28 May 2023 Common Stock 40 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.