SEC Form 4 · accession 0001225208-16-041822
DARDEN RESTAURANTS INC · DRI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Nana Mensah
Director
Period of report
Nov 14, 2016
Accepted (ET)
Nov 16, 2016 · 11:18 am EST
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 Units (FY17 Annual Grant)F1,F2 | — | Nov 14, 2016 | A | 1,379 | A | — | — | Common Stock | 1,379 | 1,379 | D |
Explanation of responses
- F1Restricted stock units convert into common stock on a one-for-one basis.
- F2The RSUs vest on the first to occur of one year from date of grant and the date of the next annual meeting of shareholders. The director has a one time option to defer settlement until their termination from the board.