SEC Form 4 · accession 0001225208-15-015659
DARDEN RESTAURANTS INC · DRI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
C Bradford Richmond
Officer — SVP, Finance Transition
Period of report
Jul 16, 2015
Accepted (ET)
Jul 20, 2015 · 2:45 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 | Jul 16, 2015 | M | 15,000 | $33.44 | A | 37,731 | D | |
| Common Stock | Jul 16, 2015 | S | 15,000 | $72.90 | D | 22,731 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F1 | $33.44 | Jul 16, 2015 | M | 15,000 | D | Jul 23, 2011 | Jul 23, 2018 | Common Stock | 15,000 | 15,620 | D |
Explanation of responses
- F1This option vested in two equal annual installments beginning on the third anniversary of the grant.