Vennam Rajesh's Form 4 filing
Darden Restaurants Inc (DRI) · filed Aug 1, 2023
- Accession no.
- 0001225208-23-007837
- Filed
- Aug 1, 2023
- Trade date
- Jul 29-31, 2023
- Filing delay
- 3 days
- Rule 10b5-1 plan
- Not checked
This filing lists 8 non-derivative transactions and 4 derivative transactions. Open-market sales total $898.5K. 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 |
|---|---|
| Vennam RajeshCIK 0001837973 | Officer (SVP, CFO) |
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, 2023 | Common Stock | MOption exerciseAcquired | +1,514 | $0.00F1 | $0 | 6,069.46 | Direct | |
| Jul 29, 2023 | Common Stock | MOption exerciseAcquired | +1,010 | $0.00F3 | $0 | 7,079.46 | Direct | |
| Jul 29, 2023 | Common Stock | FTax withholdingDisposed | −334 | $167.52 | −$55,951.68 | 6,745.46 | Direct | |
| Jul 29, 2023 | Common Stock | FTax withholdingDisposed | −369 | $167.52 | −$61,814.88 | 6,376.46 | Direct | |
| Jul 31, 2023 | Common Stock | MOption exerciseAcquired | +3,069 | $85.83 | +$263,412.27 | 9,445.46 | Direct | |
| Jul 31, 2023 | Common Stock | MOption exerciseAcquired | +2,245 | $59.68 | +$133,981.6 | 11,690.46 | Direct | |
| Jul 31, 2023 | Common Stock | GGiftDisposed | −418 | $0.00 | $0 | 11,272.46 | Direct | |
| Jul 31, 2023 | Common Stock | SSaleDisposed | −5,314 | $169.08F4 | −$898,491.12 | 5,958.46 | 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 29, 2023 | Common Stock | MOption exerciseDisposed | −1,514 | $0.00 | $0 | 1,515 | Direct | |
| Jul 29, 2023 | Common Stock | MOption exerciseDisposed | −1,010 | $0.00 | $0 | 0 | Direct | |
| Jul 31, 2023 | Common Stock | MOption exerciseDisposed | −3,069 | $0.00 | $0 | 0 | Direct | |
| Jul 31, 2023 | Common Stock | MOption exerciseDisposed | −2,245 | $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.
- F3
Restricted stock units convert into common stock on a one-for-one basis.
Referenced by the price of 1 transaction in Table I.
- F4
This transaction was executed in multiple trades at prices ranging from $169.00 to $169.26. 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.