SEC Form 4 · accession 0001225208-15-008566

DARDEN RESTAURANTS INC · DRI

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — SVP, Corporate Controller

Period of report

Mar 24, 2015

Accepted (ET)

Mar 26, 2015 · 4:00 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000940944

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock	Mar 24, 2015	M	10,640	$33.44	A	13,597	D
Common Stock	Mar 24, 2015	M	7,626	$42.68	A	21,223	D
Common Stock^F1	Mar 24, 2015	S	18,266	$69.4226	D	2,957	D
Common Stock^F2	holding	—	—		—	827	I	Savings Plan

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Option (Right to Buy)^F3	$33.44	Mar 24, 2015	M	10,640	D	Jul 23, 2010	Jul 23, 2018	Common Stock	10,640	0	D
Stock Option (Right to Buy)^F3	$42.68	Mar 24, 2015	M	7,626	D	Jul 25, 2009	Jul 25, 2017	Common Stock	7,626	0	D

F1This transaction was executed in multiple trades at prices ranging from $69.25 to $69.47. 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.
F2The number of shares reported is based on a recent plan statement and is derived from an undivided interest in a fund consisting of both Darden common stock and a small cash position that fluctuates from time to time. The number of shares reported may change based on the size of the cash position at the time of reporting and dividend reinvestments.
F3This option vested in three equal annual installments beginning on the second anniversary of the grant.