Burrowes Todd's Form 4 filing
Darden Restaurants Inc (DRI) · filed Jul 14, 2021
- Accession no.
- 0001225208-21-010660
- Filed
- Jul 14, 2021
- Trade date
- Jul 12, 2021
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 4 non-derivative transactions and 2 derivative transactions. Open-market sales total $1.99M. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Burrowes ToddCIK 0001579551 | Officer (President, LongHorn Steakhouse) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jul 12, 2021 | Common Stock | MOption exerciseAcquired | +6,700 | $65.02 | +$435,634 | 40,177.46 | Direct | |
| Jul 12, 2021 | Common Stock | MOption exerciseAcquired | +6,556 | $59.68 | +$391,262.08 | 46,733.46 | Direct | |
| Jul 12, 2021 | Common Stock | SSaleDisposed | −6,556 | $150.02F2 | −$983,531.12 | 40,177.46 | Direct | |
| Jul 12, 2021 | Common Stock | SSaleDisposed | −6,700 | $150.01F2 | −$1,005,067 | 33,477.46 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jul 12, 2021 | Common Stock | MOption exerciseDisposed | −6,556 | $0.00 | $0 | 15,114 | Direct | |
| Jul 12, 2021 | Common Stock | MOption exerciseDisposed | −6,700 | $0.00 | $0 | 11,543 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F2
This transaction was executed in multiple trades at prices ranging from $150.00 to $150.12. 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.
Referenced by the price of 2 transactions in Table I.