DARDEN RESTAURANTS INC — Director's Dealing 2020

Jul 30, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DARDEN RESTAURANTS INC (DRI)
CIK: 0000940944
Period of Report: 2020-07-27

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-07-27	Common Stock	M	1471.0000	—	Acquired	7295.0940	Direct
2020-07-27	Common Stock	M	1226.0000	—	Acquired	8521.0940	Direct
2020-07-27	Common Stock	F	659.0000	$78.6400	Disposed	7862.0940	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-07-27	Performance Restricted Stock Units (FY17)	$	M	1226.0000	Disposed	2020-07-27	Common Stock (1226.0000)	Direct
2020-07-27	Performance Restricted Stock Units (FY17)	$	M	1471.0000	Disposed	2020-07-27	Common Stock (1471.0000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	130.6494	Indirect

Footnotes

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

F2: Includes 136 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 27, 2019.

F4: Includes 163 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.