Lee Eugene I Jr's Form 4 filing
Darden Restaurants Inc (DRI) · filed Jul 26, 2023
- Accession no.
- 0001225208-23-007693
- Filed
- Jul 26, 2023
- Trade date
- Jul 24, 2023
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not checked
This filing lists 5 non-derivative transactions and 2 derivative transactions. Open-market sales total $6.02M. 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 |
|---|---|
| Lee Eugene I JrCIK 0001242843 | Director, Other: Chairman of the Board |
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 24, 2023 | Common Stock | MOption exerciseAcquired | +31,818 | $124.24 | +$3,953,068.32 | 189,775 | Direct | |
| Jul 24, 2023 | Common Stock | MOption exerciseAcquired | +5,982 | $0.00F1 | $0 | 195,757 | Direct | |
| Jul 24, 2023 | Common Stock | FTax withholdingDisposed | −2,354 | $170.37 | −$401,050.98 | 193,403 | Direct | |
| Jul 24, 2023 | Common Stock | SSaleDisposed | −3,628 | $169.63F2 | −$615,417.64 | 189,775 | Direct | |
| Jul 24, 2023 | Common Stock | SSaleDisposed | −31,818 | $169.87F3 | −$5,404,923.66 | 157,957 | 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 24, 2023 | Common Stock | MOption exerciseDisposed | −5,982 | $0.00 | $0 | 0 | Direct | |
| Jul 24, 2023 | Common Stock | MOption exerciseDisposed | −31,818 | $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
Performance restricted stock units convert into common stock on a one-for-one basis.
Referenced by the price of 1 transaction in Table I.
- F2
This transaction was executed in multiple trades at prices ranging from $169.53 to $169.81. 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
This transaction was executed in multiple trades at prices ranging from $169.52 to $170.18. 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.