SHIVES PAULA J 4
4 · DARDEN RESTAURANTS INC · Filed Mar 25, 2009
Insider Transaction Report
Form 4
SHIVES PAULA J
SVP, General Counsel & Sec.
Transactions
- Sale
Common Stock
2009-03-23$34.51/sh−30,000$1,035,225→ 60,978 total - Exercise/Conversion
Stock Option (Right to Buy)
2009-03-23−30,000→ 30,563 totalExercise: $10.50From: 2003-06-21Exp: 2010-06-21→ Common Stock (30,000 underlying) - Exercise/Conversion
Common Stock
2009-03-23$10.50/sh+30,000$315,000→ 90,978 total
Footnotes (2)
- [F1]This transaction was executed in multiple trades at prices ranging from $34.50 to $34.61. 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]This option vested in two equal installments on the third and fourth anniversary of the grant.