WILMOTT TIMOTHY J - 18 Sep 2024 Form 4 Insider Report for DARDEN RESTAURANTS INC (DRI)

Role
Director
Signature
Jessica P. Lange, Attorney-in-fact for Wilmott, Timothy J.
Issuer symbol
DRI
Transactions as of
18 Sep 2024
Net transactions value
$0
Form type
4
Filing time
20 Sep 2024, 10:32:15 UTC
Previous filing
26 Aug 2024
Next filing
26 Nov 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding DRI Common Stock 27,094 18 Sep 2024 By Trust

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 (FY25 Director Annual Grant) Award $0 +1,162 $0.000000 1,162 18 Sep 2024 Common Stock 1,162 Direct F1, F2
* 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 The RSUs vest on the first to occur of one year from date of grant and the date of the next annual meeting of shareholders. The director has a one time option to defer settlement until their termination from the board.