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DARDEN RESTAURANTS INC Director's Dealing 2018

Aug 1, 2018

30252_dirs_2018-07-31_2dbb4e19-f461-41ac-a544-7e05b7c589ad.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DARDEN RESTAURANTS INC (DRI)
CIK: 0000940944
Period of Report: 2018-07-29

Reporting Person: Milanes Douglas J. (SVP, Chief Supply Chain Ofcr)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2018-07-29 Common Stock M 1537.0000 Acquired 2328.7650 Direct
2018-07-29 Common Stock M 1301.0000 Acquired 3629.7650 Direct
2018-07-29 Common Stock F 694.0000 $106.7800 Disposed 2935.7650 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2018-07-29 Performance Restricted Stock Units (FY16) $ M 1301.0000 Disposed 2019-07-29 Common Stock (1301.0000) Direct
2018-07-29 Performance Restricted Stock Units (FY16) $ M 1537.0000 Disposed 2019-07-29 Common Stock (1537.0000) Direct

Footnotes

F1: Performance restricted stock units convert into common stock on a one-for-one basis.

F2: Includes 80 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.

F3: This grant vests in two equal annual installments beginning on July 29, 2018.

F4: Includes 94 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.