ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

DRI Darden Restaurants Inc

153.44
-2.05 (-1.32%)
Last Updated: 20:57:54
Delayed by 15 minutes
Share Name Share Symbol Market Type
Darden Restaurants Inc NYSE:DRI NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -2.05 -1.32% 153.44 155.30 153.43 154.58 928,845 20:57:54

Statement of Changes in Beneficial Ownership (4)

29/07/2020 11:03pm

Edgar (US Regulatory)


FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Cardenas Ricardo
2. Issuer Name and Ticker or Trading Symbol

DARDEN RESTAURANTS INC [ DRI ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
SVP Chief Financial Officer
(Last)          (First)          (Middle)

1000 DARDEN CENTER DRIVE
3. Date of Earliest Transaction (MM/DD/YYYY)

7/27/2020
(Street)

ORLANDO, FL 32837
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 7/27/2020  M  6301.0000 A$0 (1)33348.1740 D  
Common Stock 7/27/2020  M  6301.0000 A$0 (1)39649.1740 D  
Common Stock 7/27/2020  F  3280.0000 D$78.6400 36369.1740 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Performance Restricted Stock Units (FY17)  (1)7/27/2020  M     6301.0000 (2)  (3)7/27/2020 Common Stock 6301.0000 $0.0000 6301.0000 D  
Performance Restricted Stock Units (FY17)  (1)7/27/2020  M     6301.0000 (2)  (3)7/27/2020 Common Stock 6301.0000 $0.0000 0.0000 D  

Explanation of Responses:
(1) Performance restricted stock units convert into common stock on a one-for-one basis.
(2) Each award includes 700 additional shares delivered as dividend equivalents upon settlement pursuant to the terms of the applicable award agreement. Fractional shares are settled in cash pursuant to the terms of the award agreement.
(3) This grant vests in two equal annual installments beginning on July 27, 2019.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Cardenas Ricardo
1000 DARDEN CENTER DRIVE
ORLANDO, FL 32837


SVP Chief Financial Officer

Signatures
Jessica P. Lange, Attorney-in-fact for Cardenas, Ricardo7/29/2020
**Signature of Reporting PersonDate

1 Year Darden Restaurants Chart

1 Year Darden Restaurants Chart

1 Month Darden Restaurants Chart

1 Month Darden Restaurants Chart

Your Recent History

Delayed Upgrade Clock