SHIVES PAULA J 4
4 · DARDEN RESTAURANTS INC · Filed Apr 24, 2009
Insider Transaction Report
Form 4
SHIVES PAULA J
SVP, General Counsel & Sec.
Transactions
- Exercise/Conversion
Common Stock
2009-04-22$10.50/sh+30,563$320,912→ 91,133 total - Sale
Common Stock
2009-04-22$40.78/sh−30,563$1,246,481→ 60,570 total - Exercise/Conversion
Stock Option (Right to Buy)
2009-04-22−30,563→ 0 totalExercise: $10.50From: 2003-06-21Exp: 2010-06-21→ Common Stock (30,563 underlying)
Footnotes (2)
- [F1]This transaction was executed in multiple trades at prices ranging from $40.69 to $40.99. 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.