DARDEN RESTAURANTS INC — Director's Dealing 2018

Aug 1, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: Kiernan Daniel J. (President, Olive Garden)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-07-29	Common Stock	M	1537.0000	—	Acquired	2252.1150	Direct
2018-07-29	Common Stock	M	1537.0000	—	Acquired	3789.1150	Direct
2018-07-29	Common Stock	F	1212.0000	$106.7800	Disposed	2577.1150	Direct

Derivative Transactions

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

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