Cardenas Ricardo's Form 4 filing
Darden Restaurants Inc (DRI) · filed Sep 25, 2024
- Accession no.
- 0001225208-24-008828
- Filed
- Sep 25, 2024
- Trade date
- Sep 23, 2024
- 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 $7.28M. 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 |
|---|---|
| Cardenas RicardoCIK 0001653795 | Director, Officer (President and CEO) |
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 |
|---|---|---|---|---|---|---|---|---|
| Sep 23, 2024 | Common Stock | MOption exerciseAcquired | +23,222 | $59.68 | +$1,385,888.96 | 84,797.28 | Direct | |
| Sep 23, 2024 | Common Stock | MOption exerciseAcquired | +19,181 | $85.83 | +$1,646,305.23 | 103,978.28 | Direct | |
| Sep 23, 2024 | Common Stock | GGiftDisposed | −2,890 | $0.00 | $0 | 101,088.28 | Direct | |
| Sep 23, 2024 | Common Stock | SSaleDisposed | −13,937 | $172.20F2 | −$2,399,951.4 | 87,151.28 | Direct | |
| Sep 23, 2024 | Common Stock | SSaleDisposed | −28,466 | $171.43F3 | −$4,879,926.38 | 58,685.28 | 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 |
|---|---|---|---|---|---|---|---|---|
| Sep 23, 2024 | Common Stock | MOption exerciseDisposed | −19,181 | $0.00 | $0 | 0 | Direct | |
| Sep 23, 2024 | Common Stock | MOption exerciseDisposed | −23,222 | $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.
- F2
This transaction was executed in multiple trades at prices ranging from $171.94 to $172.50. 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.
- F3
This transaction was executed in multiple trades at prices ranging from $170.94 to $171.93. 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.