SEC Form 4 · accession 0001225208-18-011969
DARDEN RESTAURANTS INC · DRI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel J. Kiernan
Officer — President, Olive Garden
Period of report
Jul 25, 2018
Accepted (ET)
Jul 27, 2018 · 12:06 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 | — | — | — | 715 | 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 (FY19 Annual Grant)F1 | — | Jul 25, 2018 | A | 1,824 | A | Jul 25, 2021 | Jul 25, 2021 | Common Stock | 1,824 | 1,824 | D |
| Stock Option (Right to Buy)F2 | $107.05 | Jul 25, 2018 | A | 11,048 | A | — | Jul 25, 2028 | Common Stock | 11,048 | 11,048 | 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 July 25, 2021.