DARDEN RESTAURANTS INC 4
4 · DARDEN RESTAURANTS INC · Filed Jul 22, 2013
Insider Transaction Report
Form 4
Lopdrup Kim A
SVP & President, Red Lobster
Transactions
- Sale
Common Stock
2013-07-18$50.01/sh−63,000$3,150,769→ 37,035.934 total - Exercise/Conversion
Common Stock
2013-07-18$22.41/sh+63,000$1,411,830→ 100,035.934 total - Exercise/Conversion
Stock Option (Right to Buy)
2013-07-18−63,000→ 0 totalExercise: $22.41From: 2007-05-31Exp: 2014-05-31→ Common Stock (63,000 underlying)
Footnotes (2)
- [F1]This transaction was executed in multiple trades at prices ranging from $50.00 to $50.07. 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.