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Burrowes Todd's Form 4 filing

Darden Restaurants Inc (DRI) · filed Jan 15, 2025

Accession no.
0001225208-25-000647
Filed
Jan 15, 2025
Trade date
Jan 14, 2025
Filing delay
1 day
Rule 10b5-1 plan
Not checked

This filing lists 4 non-derivative transactions and 1 derivative transaction. Open-market sales total $2.89M. 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.

Reporting owners on this filing
OwnerRelationship to the company
Burrowes ToddCIK 0001579551Officer (President, Business Developmt)

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
Jan 14, 2025Common StockMOption exerciseAcquired+15,783$107.05+$1,689,570.1564,570.52Direct
Jan 14, 2025Common StockSSaleDisposed−1,397$183.89F2−$256,894.3363,173.52Direct
Jan 14, 2025Common StockGGiftDisposed−2,500$0.00$060,673.52Direct
Jan 14, 2025Common StockSSaleDisposed−14,386$182.95F3−$2,631,918.746,287.52Direct

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
Jan 14, 2025Common StockMOption exerciseDisposed−15,783$107.05−$1,689,570.150Direct

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 $183.6432 to $184.1400. 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 $182.4431 to $183.3900. 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.

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