SEC Form 4 · accession 0001225208-17-012959
DARDEN RESTAURANTS INC · DRI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sarah H. King
Officer — SVP, Chief HR Officer
Period of report
Jul 26, 2017
Accepted (ET)
Jul 27, 2017 · 4:34 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 Units (FY18 Annual Grant)F1 | — | Jul 26, 2017 | A | 2,073 | A | Jul 26, 2020 | Jul 26, 2020 | Common Stock | 2,073 | 2,073 | D |
| Stock Option (Right to Buy)F2 | $85.83 | Jul 26, 2017 | A | 11,509 | A | — | Jul 26, 2027 | Common Stock | 11,509 | 11,509 | D |
Explanation of responses
- F1Restricted stock units convert into common stock on a one-for-one basis.
- F2This option vests in two equal annual installments beginning on the third anniversary of the grant.