SEC Form 4 · accession 0001225208-18-006563
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
Mar 20, 2018
Accepted (ET)
Mar 22, 2018 · 11:02 am 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 StockF1 | Mar 20, 2018 | M | 1,772 | $0.00 | A | 1,772 | D | |
| Common Stock | Mar 20, 2018 | F | 446 | $95.11 | D | 1,326 | 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,F2 | — | Mar 20, 2018 | M | 1,772 | D | — | — | Common Stock | 1,772 | 3,598 | D |
Explanation of responses
- F1Restricted stock units convert into common stock on a one-for-one basis.
- F2The restricted stock units vest in three equal annual installments beginning on the first anniversary of the grant.