SEC Form 4 · accession 0001225208-15-017789
DARDEN RESTAURANTS INC · DRI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William H Lenehan
Officer — CEO Four Corners Property Trus · Director
Period of report
Aug 28, 2015
Accepted (ET)
Sep 1, 2015 · 5:47 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 | — | — | — | 2,108 | 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 Units (FY15 Director Compensation)F1,F2,F3 | — | Aug 28, 2015 | A | 344 | A | — | — | Common Stock | 344 | 1,454 | D |
Explanation of responses
- F1Includes FY15 and FY16 director compensation.
- F2The actual conversion rate is 1-for-1.
- F3The Reporting Person elected to take all of the quarterly cash retainer for serving as a director in the form of restricted stock units for which vested shares will be delivered to the Reporting Person on the first to occur of (i) the Reporting Person's termination of service as a director or (ii) 1/5/2024.