King Sarah H.'s Form 4 filing
Darden Restaurants Inc (DRI) · filed Jul 31, 2024
- Accession no.
- 0001225208-24-007738
- Filed
- Jul 31, 2024
- Trade date
- Jul 29-30, 2024
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not checked
This filing lists 6 non-derivative transactions and 2 derivative transactions. Open-market sales total $2.34M. 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 |
|---|---|
| King Sarah H.CIK 0001700587 | Officer (SVP, Chief People Officer) |
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, 2024 | Common Stock | MOption exerciseAcquired | +3,282 | $0.00F1 | $0 | 6,129.36 | Direct | |
| Jul 29, 2024 | Common Stock | FTax withholdingDisposed | −1,250 | $142.27 | −$177,837.5 | 4,879.36 | Direct | |
| Jul 30, 2024 | Common Stock | MOption exerciseAcquired | +11,509 | $85.83 | +$987,817.47 | 16,388.36 | Direct | |
| Jul 30, 2024 | Common Stock | SSaleDisposed | −1,008 | $147.69F3 | −$148,871.52 | 15,380.36 | Direct | |
| Jul 30, 2024 | Common Stock | SSaleDisposed | −4,432 | $146.81F4 | −$650,661.92 | 10,948.36 | Direct | |
| Jul 30, 2024 | Common Stock | SSaleDisposed | −10,501 | $147.10F5 | −$1,544,697.1 | 447.36 | 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, 2024 | Common Stock | MOption exerciseDisposed | −3,282 | $0.00 | $0 | 0 | Direct | |
| Jul 30, 2024 | Common Stock | MOption exerciseDisposed | −11,509 | $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
This transaction was executed in multiple trades at prices ranging from $147.66 to $147.70. 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 $146.66 to $146.99. 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 $146.66 to $147.635. 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.