Accession Number: | 0001225208-23-000693 |
Date: | 2023-01-13 |
Issuer: | DARDEN RESTAURANTS INC (DRI) |
Original Submission Date: |
RENNINGER RICHARD L.
1000 DARDEN CENTER DRIVE
ORLANDO, FL 32837
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
COMMON STOCK | 2023-01-13 | M | 5,000 | a | $59.68 | 27,368 | direct | ||
COMMON STOCK | 2023-01-13 | S | 5,000 | d | $147.99 | 22,368 | direct |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
---|---|---|---|---|---|---|---|---|---|---|---|---|
STOCK OPTION (RIGHT TO BUY) | 59.68 | 2023-01-13 | deemed execution date | M | 5,000 (d) | 2026-07-27 | common stock 5,000 | $59.68 | 4,578 | direct |
ID | footnote |
---|---|
f1 | includes shares acquired pursuant to the darden restaurants, inc. employee stock purchase plan and dividend reinvestment feature of the plan. |
f2 | this transaction was executed in multiple trades at prices ranging from $147.73 to $148.26. 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. |
f3 | this option vested in two equal annual installments beginning on july 27, 2019. |