SEC Form 4 · accession 0001225208-15-015661
DARDEN RESTAURANTS INC · DRI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey A. Davis
Officer — SVP, Chief Financial Officer
Period of report
Jul 16, 2015
Accepted (ET)
Jul 20, 2015 · 2:50 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000940944
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Jul 16, 2015 | A | 13,708 | A | — | — | Common Stock | 13,708 | 13,708 | D |
Explanation of responses
- F1Each restricted stock unit represents the right to receive one share of the issuer's common stock upon vesting.
- F2The grant of restricted stock units shall vest (i) one-third (1/3) on the second anniversary of July 16th, 2015 (the "Grant Date"), (ii) one-third (1/3) on the third anniversary of the Grant Date, and (iii) one-third (1/3) on the fourth anniversary of the Grant Date, in each case subject to continued employment with the issuer or an affiliate of the issuer through such date.