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DARDEN RESTAURANTS INC Director's Dealing 2019

Jul 31, 2019

30252_dirs_2019-07-30_7c0e993f-e7ae-4c4f-87fd-c4ac6292de41.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: 2019-07-27

Reporting Person: GEORGE DAVID C (EVP & COO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2019-07-27 Common Stock M 14937.0000 Acquired 54502.0000 Direct
2019-07-27 Common Stock M 5960.0000 Acquired 60462.0000 Direct
2019-07-27 Common Stock M 4966.0000 Acquired 65428.0000 Direct
2019-07-27 Common Stock F 4041.0000 $125.9600 Disposed 61387.0000 Direct
2019-07-27 Common Stock F 5878.0000 $125.9600 Disposed 55509.0000 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2019-07-27 Performance Restricted Stock Units (FY17) $ M 4966.0000 Disposed 2020-07-27 Common Stock (4966.0000) Direct
2019-07-27 Performance Restricted Stock Units (FY17) $ M 5960.0000 Disposed 2020-07-27 Common Stock (5960.0000) Direct
2019-07-27 Restricted Stock Units $ M 14937.0000 Disposed 2019-07-27 Common Stock (14937.0000) Direct

Footnotes

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

F2: Performance restricted stock units convert into common stock on a one-for-one basis.

F3: Includes 299 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.

F4: This grant vests in two equal annual installments beginning on July 27, 2019.

F5: Includes 359 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.