Kiernan Daniel J.'s Form 4 filing
Darden Restaurants Inc (DRI) · filed Oct 31, 2022
- Accession no.
- 0001225208-22-011232
- Filed
- Oct 31, 2022
- Trade date
- Oct 28, 2022
- Filing delay
- 3 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 $1.45M. It was filed 3 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 |
|---|---|
| Kiernan Daniel J.CIK 0001728674 | Officer (President, Olive Garden) |
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 |
|---|---|---|---|---|---|---|---|---|
| Oct 28, 2022 | Common Stock | MOption exerciseAcquired | +6,790 | $42.99 | +$291,902.1 | 22,833.09 | Direct | |
| Oct 28, 2022 | Common Stock | MOption exerciseAcquired | +3,500 | $39.53 | +$138,355 | 26,333.09 | Direct | |
| Oct 28, 2022 | Common Stock | SSaleDisposed | −1,262 | $140.94F1 | −$177,866.28 | 25,071.09 | Direct | |
| Oct 28, 2022 | Common Stock | SSaleDisposed | −9,028 | $140.47F2 | −$1,268,163.16 | 16,043.09 | 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 |
|---|---|---|---|---|---|---|---|---|
| Oct 28, 2022 | Common Stock | MOption exerciseDisposed | −3,500 | $0.00 | $0 | 12,639 | Direct | |
| Oct 28, 2022 | Common Stock | MOption exerciseDisposed | −6,790 | $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.
- F1
This transaction was executed in multiple trades at prices ranging from $140.90 to $141.03. 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.
- F2
This transaction was executed in multiple trades at prices ranging from $139.88 to $140.84. 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.