DARDEN RESTAURANTS INC — Director's Dealing 2014

Jan 6, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DARDEN RESTAURANTS INC (DRI)
CIK: 0000940944
Period of Report: 2014-01-02

Reporting Person: Setta Salli A. (President, Red Lobster)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-01-02	Common Stock	M	15849.0000	$33.0950	Acquired	48811.7050	Direct
2014-01-02	Common Stock	F	14.0000	$53.3200	Disposed	48797.7050	Direct
2014-01-02	Common Stock	S	15849.0000	$53.5679	Disposed	32948.7050	Direct
2014-01-03	Common Stock	M	5051.0000	$33.0950	Acquired	37999.7050	Direct
2014-01-03	Common Stock	S	5051.0000	$52.9783	Disposed	32948.7050	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-01-02	Stock Option (Right to Buy)	$33.0950	M	15849.0000	Disposed	2015-06-16	Common Stock (15849.0000)	Direct
2014-01-03	Stock Option (Right to Buy)	$33.0950	M	5051.0000	Disposed	2015-06-16	Common Stock (5051.0000)	Direct

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $53.50 to $53.67. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.

F2: This transaction was executed in multiple trades at prices ranging from $53.00 to $52.875. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.

F3: This option vested in three equal annual installments beginning on the second anniversary of the grant.