Kiernan Daniel J. - Mar 25, 2025 Form 4 Insider Report for DARDEN RESTAURANTS INC (DRI)

Signature
Jessica P. Lange, Attorney-in-fact for Kiernan, Daniel J.
Stock symbol
DRI
Transactions as of
Mar 25, 2025
Transactions value $
-$1,864,852
Form type
4
Date filed
3/27/2025, 02:15 PM
Previous filing
Sep 25, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DRI Common Stock Options Exercise $1.18M +11K +40.39% $107.05 38.4K Mar 25, 2025 Direct
transaction DRI Common Stock Options Exercise $473K +6K +15.62% $78.84 44.4K Mar 25, 2025 Direct
transaction DRI Common Stock Sale -$942K -4.55K -10.25% $207.04 39.9K Mar 25, 2025 Direct F1
transaction DRI Common Stock Sale -$2.58M -12.5K -31.36% $206.32 27.4K Mar 25, 2025 Direct F2
holding DRI Common Stock 146 Mar 25, 2025 By 401k and Spouse's 401k F3

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 Stock Option (Right to Buy) Options Exercise $0 -11K -100% $0.00 0 Mar 25, 2025 Common Stock 11K $107.05 Direct F4
transaction DRI Stock Option (Right to Buy) Options Exercise $0 -6K -49.13% $0.00 6.21K Mar 25, 2025 Common Stock 6K $78.84 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $206.85 to $207.44. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.
F2 This transaction was executed in multiple trades at prices ranging from $205.835 to $206.83. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.
F3 The number of shares reported is based on a recent plan statement and is derived from an undivided interest in a fund consisting of both Darden common stock and a small cash position that fluctuates from time to time. The number of shares reported may change based on the size of the cash position at the time of reporting and dividend reinvestments.
F4 This option vested in two equal annual installments beginning on July 25, 2021.
F5 This option vested in two equal annual installments beginning on July 29, 2023.