SEC Form 4 · accession 0001225208-15-016132
DARDEN RESTAURANTS INC · DRI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Todd Burrowes
Officer — President, LongHorn Steakhouse
Period of report
Jul 28, 2015
Accepted (ET)
Jul 30, 2015 · 5:32 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 | holding | — | — | — | 145 | D |
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 | — | Jul 28, 2015 | A | 11,045 | A | Jul 28, 2019 | Jul 28, 2019 | Common Stock | 11,045 | 11,045 | D |
| Stock Option (Right to Buy)F2 | $73.18 | Jul 29, 2015 | A | 18,102 | A | — | Jul 29, 2025 | Common Stock | 18,102 | 18,102 | D |
Explanation of responses
- F1Each restricted stock unit represents the right to receive one share of the issuer's common stock upon vesting.
- F2This option vests in two equal annual installments beginning on the third anniversary of the grant.