Kiernan Daniel J. - Jul 27, 2022 Form 4 Insider Report for DARDEN RESTAURANTS INC (DRI)

Role
President, Olive Garden
Signature
Anthony G. Morrow, Attorney-in-fact for Kiernan, Daniel J.
Stock symbol
DRI
Transactions as of
Jul 27, 2022
Transactions value $
$0
Form type
4
Date filed
8/10/2023, 12:01 PM
Previous filing
Jul 27, 2022
Next filing
Oct 31, 2022

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 (FY23 Annual Grant) Award $0 +107 $0.00 107 Jul 27, 2022 Common Stock 107 By Spouse F1
transaction DRI Stock Option (Right to Buy) Award $0 +362 $0.00 362 Jul 27, 2022 Common Stock 362 $121.47 By Spouse F2
holding DRI Restricted Stock Units (FY23 Annual Grant) 3.21K Jul 27, 2022 Common Stock 3.21K Direct F1
holding DRI Stock Option (Right to Buy) 10.9K Jul 27, 2022 Common Stock 10.9K $121.47 Direct 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 This option vests in two equal annual installments beginning on July 27, 2025.