Lee Eugene I Jr's Form 4 filing
Darden Restaurants Inc (DRI) · filed Aug 2, 2021
- Accession no.
- 0001225208-21-010990
- Filed
- Aug 2, 2021
- Trade date
- Jul 29-30, 2021
- Filing delay
- 4 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 $4.62M. It was filed 4 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 |
|---|---|
| Lee Eugene I JrCIK 0001242843 | Director, Officer (Chairman and CEO) |
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 29, 2021 | Common Stock | MOption exerciseAcquired | +30,748 | $59.68 | +$1,835,040.64 | 285,138 | Direct | |
| Jul 29, 2021 | Common Stock | SSaleDisposed | −30,748 | $150.18F2 | −$4,617,734.64 | 254,390 | Direct | |
| Jul 30, 2021 | Common Stock | MOption exerciseAcquired | +29,177 | $0.00F3 | $0 | 283,567 | Direct | |
| Jul 30, 2021 | Common Stock | FTax withholdingDisposed | −11,482 | $150.23 | −$1,724,940.86 | 272,085 | 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 29, 2021 | Common Stock | MOption exerciseDisposed | −30,748 | $0.00 | $0 | 0 | Direct | |
| Jul 30, 2021 | Common Stock | MOption exerciseDisposed | −29,177 | $0.00 | $0 | 0 | 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 $150.63. 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 1 transaction in Table I.
- F3
Performance restricted stock units convert into common stock on a one-for-one basis.
Referenced by the price of 1 transaction in Table I.