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Kiernan Daniel J.'s Form 4 filing

Darden Restaurants Inc (DRI) · filed Jul 30, 2024

Accession no.
0001225208-24-007679
Filed
Jul 30, 2024
Trade date
Jul 28, 2024
Filing delay
2 days
Rule 10b5-1 plan
Not checked

This filing lists 6 non-derivative transactions and 3 derivative transactions. Open-market sales total $12.1K. 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.

Reporting owners on this filing
OwnerRelationship to the company
Kiernan Daniel J.CIK 0001728674Officer (President, Olive Garden)

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Jul 28, 2024Common StockMOption exerciseAcquired+2,943$0.00F1$024,230.09Direct
Jul 28, 2024Common StockMOption exerciseAcquired+2,213$0.00F2$026,443.09Direct
Jul 28, 2024Common StockFTax withholdingDisposed−871$142.27−$123,917.1725,572.09Direct
Jul 28, 2024Common StockFTax withholdingDisposed−972$142.27−$138,286.4424,600.09Direct
Jul 28, 2024Common StockMOption exerciseAcquired+85$0.00F3$085Indirect
Jul 28, 2024Common StockSSaleDisposed−85$142.14−$12,081.90Indirect

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.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Jul 28, 2024Common StockMOption exerciseDisposed−2,943$0.00$02,945Direct
Jul 28, 2024Common StockMOption exerciseDisposed−2,213$0.00$00Direct
Jul 28, 2024Common StockMOption exerciseDisposed−85$0.00$085Indirect

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

Restricted stock units convert into common stock on a one-for-one basis.

Referenced by the price of 1 transaction in Table I.

F3

Each restricted stock unit (Darden Stock Unit "DSU") is the economic equivalent of one share of DRI common stock. The restricted stock unit (DSU) becomes payable in cash upon vesting.

Referenced by the price of 1 transaction in Table I.

Read the full filing on SEC EDGAR (opens in a new tab)