Williamson Laura B - May 27, 2024 Form 3 Insider Report for DARDEN RESTAURANTS INC (DRI)

Signature
Jessica P. Lange, Attorney-in-fact for Williamson, Laura B.
Stock symbol
DRI
Transactions as of
May 27, 2024
Transactions value $
$0
Form type
3
Date filed
6/4/2024, 04:21 PM
Next filing
Jun 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding DRI Common Stock 10K May 27, 2024 Direct F1
holding DRI Common Stock 882 May 27, 2024 By 401k
holding DRI Common Stock 5.34K May 27, 2024 By Spouse F1

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
holding DRI Performance Restricted Stock Units (FY21) May 27, 2024 Common Stock 1.01K $0.00 Direct F2, F3, F4, F5
holding DRI Restricted Stock Units (FY22 Annual Grant) May 27, 2024 Common Stock 341 $0.00 Direct F6
holding DRI Restricted Stock Units (FY23 Annual Grant) May 27, 2024 Common Stock 429 $0.00 Direct F6
holding DRI Restricted Stock Units (FY24 Annual Grant) May 27, 2024 Common Stock 301 $0.00 Direct F6
holding DRI Stock Option (Right to Buy) May 27, 2024 Common Stock 2.71K $78.84 Direct F7
holding DRI Stock Option (Right to Buy) May 27, 2024 Common Stock 2.23K $85.83 Direct F8
holding DRI Stock Option (Right to Buy) May 27, 2024 Common Stock 2.29K $107.05 Direct F9
holding DRI Stock Option (Right to Buy) May 27, 2024 Common Stock 1.45K $121.47 Direct F10
holding DRI Stock Option (Right to Buy) May 27, 2024 Common Stock 2.55K $124.24 Direct F11
holding DRI Stock Option (Right to Buy) May 27, 2024 Common Stock 1.21K $148.20 Direct F12
holding DRI Stock Option (Right to Buy) May 27, 2024 Common Stock 906 $169.02 Direct F13
holding DRI Performance Restricted Stock Units (FY21) May 27, 2024 Common Stock 404 $0.00 By Spouse F5, F14, F15, F16
holding DRI Phantom Stock May 27, 2024 Common Stock 325 By Spouse F17, F18
holding DRI Restricted Stock Units (FY22 Annual Grant) May 27, 2024 Common Stock 136 $0.00 By Spouse F6
holding DRI Restricted Stock Units (FY23 Annual Grant) May 27, 2024 Common Stock 171 $0.00 By Spouse F6
holding DRI Restricted Stock Units (FY24 Annual Grant) May 27, 2024 Common Stock 120 $0.00 By Spouse F6
holding DRI Stock Option (Right to Buy) May 27, 2024 Common Stock 1.09K $78.84 By Spouse F7
holding DRI Stock Option (Right to Buy) May 27, 2024 Common Stock 1.26K $107.05 By Spouse F9
holding DRI Stock Option (Right to Buy) May 27, 2024 Common Stock 579 $121.47 By Spouse F10
holding DRI Stock Option (Right to Buy) May 27, 2024 Common Stock 1.02K $124.24 By Spouse F11
holding DRI Stock Option (Right to Buy) May 27, 2024 Common Stock 485 $148.20 By Spouse F12
holding DRI Stock Option (Right to Buy) May 27, 2024 Common Stock 363 $169.02 By Spouse F13
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes shares acquired pursuant to the Darden Restaurants, Inc. Employee Stock Purchase Plan and dividend reinvestment feature of the Plan.
F2 On July 29, 2020, the Reporting Person was awarded 2,020 target performance restricted stock units (PSUs) subject to the achievement of performance criteria (relative total shareholder return as compared to a selected comparison group) from July 29, 2020 through May 28, 2023.
F3 This option vests in two equal annual installments beginning on July 29, 2023.
F4 On June 20, 2023, the Compensation Committee of the Board of Directors determined the final results under the applicable performance criteria resulting in 2,020 PSUs being earned in accordance with the provisions of the applicable award agreement.
F5 Performance restricted stock units convert into common stock on a one-for-one basis.
F6 Restricted stock units convert into common stock on a one-for-one basis.
F7 This option vested in two equal annual installments beginning on July 29, 2023.
F8 This option vested in two equal annual installments beginning on July 26, 2020.
F9 This option vested in two equal annual installments beginning on July 25, 2021.
F10 This option vests in two equal annual installments beginning on July 27, 2025.
F11 This option vested in two equal annual installments beginning on July 24, 2022.
F12 This option vests in two equal annual installments beginning on July 28, 2024.
F13 This option vests in two equal annual installments beginning on July 26, 2026.
F14 On July 29, 2020, the Reporting Person was awarded 808 target performance restricted stock units (PSUs) subject to the achievement of performance criteria (relative total shareholder return as compared to a selected comparison group) from July 29, 2020 through May 28, 2023.
F15 This grant vests in two equal annual installments beginning on July 29, 2023.
F16 On June 20, 2023, the Compensation Committee of the Board of Directors determined the final results under the applicable performance criteria resulting in 404 PSUs being earned in accordance with the provisions of the applicable award agreement.
F17 Each share of phantom stock is the economic equivalent of one share of DRI common stock. The share of phantom stock becomes payable in cash upon settlement.
F18 Includes phantom stock acquired under the Darden Restaurants, Inc. FlexComp Plan based on information provided by the plan administrator as of May 27, 2024.

Remarks:

poawilliamson.txt