Broad Matthew R's Form 4 filing
Darden Restaurants Inc (DRI) · filed Feb 1, 2024
- Accession no.
- 0001225208-24-001370
- Filed
- Feb 1, 2024
- Trade date
- Jan 31, 2024
- Filing delay
- 1 day
- Rule 10b5-1 plan
- Not checked
This filing lists 5 non-derivative transactions and 1 derivative transaction. Open-market sales total $1.12M. It was filed 1 day 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 |
|---|---|
| Broad Matthew RCIK 0001518780 | Officer (SVP General Counsel) |
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 |
|---|---|---|---|---|---|---|---|---|
| Jan 31, 2024 | Common Stock | MOption exerciseAcquired | +4,500 | $85.83 | +$386,235 | 25,971.61 | Direct | |
| Jan 31, 2024 | Common Stock | SSaleDisposed | −300 | $163.57F2 | −$49,071 | 25,671.61 | Direct | |
| Jan 31, 2024 | Common Stock | SSaleDisposed | −1,258 | $163.95F3 | −$206,249.1 | 24,413.61 | Direct | |
| Jan 31, 2024 | Common Stock | SSaleDisposed | −2,031 | $163.03F4 | −$331,113.93 | 22,382.61 | Direct | |
| Jan 31, 2024 | Common Stock | SSaleDisposed | −3,242 | $163.12F5 | −$528,835.04 | 19,140.61 | 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 |
|---|---|---|---|---|---|---|---|---|
| Jan 31, 2024 | Common Stock | MOption exerciseDisposed | −4,500 | $0.00 | $0 | 4,707 | 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 $163.54 to $163.66. 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 $163.62 to $164.19. 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.
- F4
This transaction was executed in multiple trades at prices ranging from $162.48 to $163.26. 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.
- F5
This transaction was executed in multiple trades at prices ranging from $162.62 to $163.50. 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.