DARDEN RESTAURANTS INC — Director's Dealing 2019

Jul 25, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DARDEN RESTAURANTS INC (DRI)
CIK: 0000940944
Period of Report: 2019-07-24

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-07-24	Common Stock	M	12000.0000	$43.5800	Acquired	14577.1150	Direct
2019-07-24	Common Stock	S	12000.0000	$123.9221	Disposed	2577.1150	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-07-24	Restricted Stock Units (FY20 Annual Grant)	$	A	1889.0000	Acquired	2022-07-24	Common Stock (1889.0000)	Direct
2019-07-24	Stock Option (Right to Buy)	$124.2400	A	11455.0000	Acquired	2029-07-24	Common Stock (11455.0000)	Direct
2019-07-24	Stock Option (Right to Buy)	$43.5800	M	12000.0000	Disposed	2022-07-25	Common Stock (12000.0000)	Direct

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $123.58 to $124.0842. 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: Restricted stock units convert into common stock on a one-for-one basis.

F3: This option vests in two equal annual installments beginning on July 24, 2022.

F4: This option vested in two equal annual installments beginning July 25, 2015.